Indian liquefied natural gas imports increased again last month as more regasification infrastructure being put in place and domestic gas output growth helps meet demand from cities and industries.
European liquefied natural gas and wholesale pipeline gas prices declined over the week while North Asian and West Asian LNG prices and futures advanced in value as the supply picture focused expected rising demand from customers East of Suez.
Exmar, the Belgian shipping company with a fleet of more than 40 gas carriers and floating terminal expertise and assets, posted strong first-quarter 2024 earnings helped by the performance of LNG assets in the Netherlands and Africa as Exmar also worked on other FLNG ventures.
GAIL India, the state-owned LNG importer and natural gas pipeline grid and city-gas operator, increased net profits though gas marketing earnings declined.
JERA Co. Inc., Japan’s biggest liquefied natural gas importer and utility company, has issued a new “realistic pathway” for its growth strategy through 2035 led by more than 35 million tonnes per annum of LNG volumes and huge investments.
Natural gas hub liquidity has improved across all key natural gas markets through the start of 2024, enabling market participants to trade gas in open, competitive markets worldwide and on trading platforms covering LNG cargoes to pipeline gas.
Japan Petroleum Exploration Co. (Japex), the LNG importer involved in domestic Japanese oil and gas projects and with stakes overseas in nations such as Iraq, Indonesia and the UK, reported a drop in profits as global prices weakened.
Free ReadHAM Group of Spain, the developer of a growing European LNG filling station network and a major truck fleet owner, has expanded its Spanish network with a strategic filling station for transportation fleets travelling from Madrid to Barcelona. HAM’s new Torre-Serona Lleida LNG mobile service station is located on the…
Stolt-Nielsen Ltd, the Oslo-listed and London-based owner of a tankers fleet including for small-scale LNG through its stake in Avenir LNG and other shipping-related businesses, has reported executive changes at the Stolt Tankers division.
Australian coal-seam gas explorer Elixir Energy, the developer of CSG projects in Queensland and Mongolia and whose executive officers are industry veterans, has issued warnings about energy security in Australia.