LNG

European Union liquefied natural gas and pipeline gas prices plunged by a double-digit margin again as storage inventories increased and mild weather weakened demand, while more cargoes from a low seasonal level of liftings began to point at Asian markets.

Free ReadGaztransport and Technigaz (GTT), the French LNG storage technology company, has signed technical services agreements with Eastern Pacific Shipping and its LNG affiliate Cool Company Ltd for a global fleet of 33 vessels, including 24 LNG carriers. Under the agreement GTT will support Eastern Pacific and CoolCo with the maintenance…

Air Products, the US LNG equipment-maker and industrial gases company with several mega-projects in the Middle East and Asia, has signed a deal with the Uzbekistan Government and the national gas company to acquire a gas-to-syngas facility for $1 billion in the former Soviet republic.

The Dutch Gate LNG import terminal in Rotterdam said that UK major BP and a subsidiary of Chinese major PetroChina would each separately acquire 2 million cubic metres per annum of regasification and corresponding storage capacity as part of the expansion plans of the facility in the Netherlands.