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Thursday, 15 August 2024
Indonesian state-owned Pertamina subsidiary, Perusahaan Gas Negara (PGN), has signed two agreements to sell LNG to Donggi-Senoro LNG (DS LNG). The two companies have signed a master LNG sale and purchase agreement (MSPA) and a confirmation memorandum (CM) to purchase one LNG cargo in September 2024.
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Thursday, 15 August 2024
Free ReadBangladesh's Summit LNG terminal’s FSRU may not be able to restart operations for several weeks. This is due to the discovery of damage to an underwater gas transmission pipeline, Rafiqul Islam, the Managing Director of state-run Rupantarita Prakritik Gas (RPGCL) told S&P Global Commodity Insights recently. Summit FSRU is one…
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Wednesday, 14 August 2024
Turkish energy company, Karpowership, part of the Karadeniz Group, is to invest $1 bill in an LNG-to-power plant in Mozambique.
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Wednesday, 14 August 2024
Oslo-based LNGC owner, Flex LNG has reported vessel operating revenues of $84.7 mill for the second quarter 2024, compared to $90.2 mill in the previous quarter. Net income of $21.8 mill and basic earnings per share of $0.41 for the quarter, compared to $33.2 mill and basic earnings per share…
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Wednesday, 14 August 2024
New Fortress Energy (NFE) has celebrated the first cargo loading operation at its FLNG located offshore Altamira in Mexico. The first cargo was loaded on the LNGC ‘Energos Princess’ and will be delivered to NFE’s La Paz terminal.
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Tuesday, 13 August 2024
Free ReadDriven by stronger domestic gas growth, the UAE’s ADNOC Gas posted an adjusted net income of $1,190 mill for the second quarter of this year, a 21% year-on-year (y-o-y) improvement, which exceeded market expectations. Revenues for 2Q24 saw an increase of 13% y-o-y, totalling $6,076 mill. Within the UAE, increased…
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Tuesday, 13 August 2024
Dutch-based energy infrastructure developer, VTTI has completed the acquisition of 50% of the UK’s Dragon LNG Group, owner of an import terminal at Milford Haven. The remaining 50% of the terminal is owned by Shell.
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Tuesday, 13 August 2024
Australian gas developer, Arrow Energy has announced a major expansion of its 27-year Surat Gas Project (SGP) to an area north-east of Miles in Queensland’s Western Downs. Known as SGP North, the development will bring more than 130 terajoules of additional gas to market per day for long-term contract and…
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Monday, 12 August 2024
Following the first visit by the LNGC ‘Pioneer’ recently to the sanctioned Arctic LNG 2 export terminal, a second vessel has arrived at the facility, satellite images shown by newswires revealed. This is believed to be the 137,200 cu m ’Asya Energy’ (built 2002).
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Monday, 12 August 2024
Free ReadAsian spot LNG prices remained at their highest level in over seven months on 9th August, tracking European gains amid concerns over supply disruption. The average LNG price for September delivery into northeast Asia was at $12.90 per MMBtu, industry sources estimated, the the highest level since mid-December and up…
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