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Thursday, 29 August 2024
Indian State-owned gas utility GAIL (India) is to increase LNG imports from 2026. The company has signed two 10-year supply agreements with Vitol Asia and Adnoc Gas, totalling 1.5 mill tonnes per annum.
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Thursday, 29 August 2024
Cool Company (CoolCo) revealed several new charters in its second quarter 2024 results roundup. These included a 14-year charter with GAIL (India) for one of the two MEGA LNGCs currently under construction at Hyundai Samho and a one-year timecharter for a TFDE vessel starting in the third quarter with…
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Thursday, 29 August 2024
Free ReadWith its latest contract, maritime clean technology developer, Silverstream Technologies has surpassed 200 orders for its air lubrication system (ALS). The patented Silverstream System will be installed on board 18 new 271,000 cu m QC-Max LNGCs, which will be chartered by a global energy company, believed to be NAKILAT, and owned…
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Wednesday, 28 August 2024
The International Gas Union (IGU) has published its ‘Global Gas Report 2024’, in association Italian energy giant Snam and researcher Rystad Energy. Rising energy demand in all regions and underinvestment in gas and clean energy projects jeopardise global energy supply, with 2030 energy targets visibly out of reach, the IGU…
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Wednesday, 28 August 2024
The rise in Indian LNG imports pushed up the country’s reliance on imported gas to 48.9% during the April/July period from 46.9% a year-ago. Growth in domestic natural gas demand amid reasonable prices and ample LNG availability in the international market led to the double-digit growth in India’s LNG imports…
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Wednesday, 28 August 2024
New Zealand’s Prime Minister, Christopher Luxon and Energy Minister, Simeon Brown have unveiled plans to remove regulatory barriers to allow the building of an LNG import terminal. In a package, which included allowing companies to build new power generation, giving hydro generators permission to draw down on their lakes and…
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Tuesday, 27 August 2024
Free ReadAs part of a round of another 400 US sanctions announced last week, bans have been imposed on seven LNGCs, allegedly linked to Russian interests. Two of the LNGCs were believed to have loaded at NOVATEK’s Arctic LNG 2 plant, while a third was in the vicinity. They included ‘Pioneer’…
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Tuesday, 27 August 2024
Capital Clean Energy Carriers Corp (CCEC) has completed its conversion from a Marshall Islands limited partnership, previously called Capital Product Partners, to a Marshall Islands corporation CCEC is now a quoted company on the US exchange Nasdaq. The company change is part of a plan to ship various forms of…
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Tuesday, 27 August 2024
Mexican-based Amigo LNG, a subsidiary of LNG Alliance of Singapore, has signed a long-term LNG supply agreement with Malaysia’s E&H Energy. Under the agreement, Amigo LNG will supply 3.6 mill tonnes per annum of LNG to E&H for the Malaysian market for 20 years, starting in the third quarter of 2027.
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Friday, 23 August 2024
Vietnam's Cai Mep LNG import terminal is seeking a cargo to start commissioning tests. According to industry sources talking with newswires, this move would put it on track to become the country's second LNG import terminal.
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