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Höegh LNG suffered a net loss after tax of $7.5 mill for the second quarter of this year, down from a net profit of $2 mill in the preceding quarter. 
Wednesday, 24 August 2022
Freeport LNG Development has confirmed that initial production of the fire-damaged facility will not restart until early to mid-November, a month later than earlier predicted.
Daewoo Shipbuilding & Marine Engineering (DSME) has awarded TMC Compressors (TMC) a contract to deliver marine compressed air systems to four GasLOG LNGCs currently under construction.
Free ReadWest Africa LNG Group (WALNG) has signed an equity financing deal with an undisclosed US-based investor group. "We are delighted to complete this investment, which provides us with the necessary financial resources to fund our operating activities, as we finalise long-term offtake agreements with the mining companies in Guinea," said Patricia…
Canadian Prime Minister, Justin Trudeau and German Chancellor, Olaf Scholz, seemed to dismiss the idea of shipping Canadian LNG to Europe at a meeting in Canada yesterday.
Polish state-owned oil and gas developer PGNiG Group posted revenue of PLN78.37 bill, up 214% year-on-year for the first six months of this year. 
Sakhalin-2, the Russian oil and LNG project that was handed over to local management two months ago, is now fully operational.
Free ReadThe Pakistan Federal Cabinet has approved changes in the Liquefied Natural Gas Policy, 2011, ahead of Prime Minister Shehbaz Sharif’s visit to Qatar. Over the weekend, Pakistan’s Cabinet’s Economic Co-ordination Committee (ECC) approved a proposal not to exclude new LNG terminals and associated facilities from applying for third party access (TPA). The Ministry of Energy (Petroleum…
The Croatian Government is to invest €180 mill in a new gas pipeline section and the doubling of its FSRU terminal capacity located on the island of Krk.
Mozambique is due to export its first LNG cargo on 24th August, according to data tracking compiled by Bloomberg.