Free ReadCool Company (CoolCo), the LNG shipping joint venture led by Eastern Pacific Shipping and which is growing its owned and managed fleets, said the market was showing continued strength as it entered into a new time-charter agreement for one of its tri-fuel, diesel-electric vessels. The company, headquartered in Bermuda, said…
The European Commission said it was again pursuing plans to end Russian liquefied natural gas supplies being sold in the European Union and has asked the 27 member states not to sign any new supply contracts.
The first ever liquefied natural gas cargo paid for in Chinese yuan instead of US dollars has been unloaded at an import terminal in China’s southern Guangdong province.
Free ReadTechnip Energies, the European LNG and energy project engineers, said their joint venture has been awarded an engineering, procurement, construction and commissioning (EPCC) contract by QatarEnergy for the onshore facilities of the North Field South Project (NFS) in the Arabian Gulf. Technip said its partner for the award is the…
Cheniere Energy has signed a long-term liquefied natural gas sale and purchase agreement with the South Korean utility company, Korea Southern Power (KOSPO) for the Sabine Pass expansion project.
The US Department of Energy has published its latest LNG export data showing that Germany has for the first time entered the monthly list for being a top five recipient of US shipments, though most of the cargoes delivered to Germany were relatively expensive ones.
Free ReadThe Hong Kong floating liquefied natural gas import project has begun commissioning for the start of commercial operations planned for June using the world’s largest floating storage and regasification unit, the “FSRU Bauhinia Spirit”. The commissioning cargo, provided by Hong Kong stock exchange-listed Chinese major, PetroChina, was unloaded on May…
The liquefied natural gas shipping charter market showed over the past few weeks that there was a lack of uncovered cargo volumes in the market and this was most notable compared with previous years.
Norway’s Equinor, an LNG supplier to the European Union and which has enabled some of the replacement of pipeline natural gas to Europe in the past year, has opened the Njord field in the Norwegian Sea.
US energy infrastructure company ONEOK Inc. has signed a definitive merger agreement with Magellan Midstream Partners in a cash-and-stock transaction valued at around $18.8 billion to combine the two Oklahoma-based energy groups.