Australian gas developer, Santos has signed a mid-term LNG supply contract with Glencore Singapore. Under the terms of the contract, Santos will supply 19 LNG cargoes, or up to about 0.5 mill tonnes of LNG per annum, for three years and three months.
North America’s LNG export capacity is on track to more than double between 2024 and 2028, according to the US Energy Information Administration (EIA). Export capacity is set to rise from 11.4 bill cu ft per day in 2023 to 24.4 bill cu ft in 2028, if projects currently under…
Free ReadHalf of Finland’s Gasgrid operated LNG terminal’s available capacity at Inkoo for calendar year 2025 was reserved during the recent annual allocation process. Inkoo’s FSRU terminal has established itself as a key part of the Finnish energy market during its operation. As the clean transition progresses, the terminal will become…
Deutsche ReGas’ Deutsche Ostsee LNG receiving terminal at Mukran commenced regular operations on 2nd September. The LNGC ‘Hellas Diana’ discharged a cargo between Wednesday and Friday of last week.
Vires Energy, affiliate of A Brown Co., has walked away from plans to build a floating LNG import terminal in the Philippines. Instead, it seeks to source gas from third parties to fuel its 500 MW barge-mounted power project.
Free ReadAustralian energy developer, Santos has announced that the Bayu-Undan joint venture (BUJV) has signed a sale and purchase deed (SPD) to transfer a 16% interest in the upstream project to Timor Gap, with an economic date of 1st July, 2024. Execution of the SPD is planned for the middle of…
Mexican gas developer, Amigo LNG, part of Singapore’s LNG Alliance Group, has signed a binding heads of agreement (HoA) with OQ Trading, Oman’s state-owned trading company, for the supply of LNG. The LNG will be produced at Amigo’s liquefaction plant at Guaymas, Sonora, Mexico.
Türkey’s state owned energy company, BOTAŞ has signed a 10-year deal with Shell International Trading Middle East for the supply of up to 4 bill cu m of LNG per year.
Brazilian-based New Development Bank (NDB) has approved a loan of about $150 mill (in RMB) to China’s Bank of Communications Financial Leasing (BCFL). The loan will be used by BCFL to acquire at least three LNGCs to help address the significant increase in demand for LNG in China and closing…
Free ReadLast week, the developer of the Golden Pass LNG export project asked US regulators for a three-year extension to complete the construction of the $10 bill plant, claiming scheduling uncertainties. Golden Pass LNG, a joint venture between QatarEnergy (70%) and ExxonMobil (30%), is building an 18 mill tonne per annual LNG…