European maritime classification society DNV said that ship owners placed orders for 14 liquefied natural gas-powered vessels in March 2022, mostly for containerships and car carriers even as LNG bunkering fuel prices continued to increase.
North Asian liquefied natural gas spot prices were overshadowed by a renewed surge in the Dutch Title Transfer Facility wholesale futures price to over $40 per million British thermal units while US Gulf Coast prices jumped because of the new politically fixed supply line to Europe.
Free ReadFrench major TotalEnergies and North American US LNG plant owner and developer Sempra are expanding their strategic alliance with the signing of an accord covering the Vista Pacífico LNG export project in Mexico. The Vista Pacífico LNG project is planned to be a mid-scale facility on Mexico’s West Coast with…
New Fortress Energy has filed applications with three US regulatory agencies to deploy its “Fast LNG” production system in the US Gulf of Mexico offshore Louisiana with start-up planned by 2023.
Woodside Petroleum, the Australian operator of the North West Shelf and Pluto LNG export plants, said the processing of gas had started ahead of schedule from new fields offshore Western Australia, opening the way for more LNG shipments.
Fluxys, the Belgian gas grid and LNG terminal owner, reported annual increased consolidated turnover of €573.2 million ($638.3M) and more shipping traffic and truck-loadings as expansion plans progressed.
Free ReadBlue Grid, an Athens-based company leading the development of the LNG and alternative fuels market in southeast Europe, has joined the Molgas group of companies after receiving a significant investment. Blue Grid, incorporated in 2017, is developing alternative fuels supply chains delivering environmental, economic, and operational benefits to a wide…
France is considering plans to deploy a floating storage and regasification unit for liquefied natural gas imports at the Port of Le Havre on the northwest coast of Normandy, where there had previously been an onshore facility that handled deliveries of LNG from Algeria for Gaz de France.
Avenir LNG, the Norwegian-listed small-scale LNG project developer and vessel owner, has agreed to buy out the shareholdings of its Italian partners in the small-scale LNG terminal at Port of Oristano on the Mediterranean island of Sardinia.
TotalEnergies, the French major under fire for its energy links to Russia, is now the target of European Union-led critics who wish to tax energy companies more, using almost any pretext.