Petronet LNG, the owner of the largest Indian cargo import terminal at Dahej, has incorporated a wholly-owned subsidiary company in Singapore to increase trading activities especially for spot and short-term LNG cargo supplies.
TC Energy Corp., the future supplier of LNG feed-gas for plants being developed in the Canadian province of British Columbia, has signed option agreements to sell a 10 percent equity interest in the Coastal GasLink Pipeline partnership to Indigenous communities across the project corridor.
Flex LNG, the Norwegian shipping company with a fleet of 13 carriers, has given an overview of the current LNG market in March 2022 and the various arbitrage windows values and netbacks.
Free ReadCheniere Energy, the largest US LNG exporter from its Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, has agreed to extend an LNG sales accord with the French utility Engie. Cheniere said it has agreed with Engie, based in Paris, to amend the LNG sale and…
US energy executive Whitney “Whit” Fairbanks, who has previously managed the Peru LNG export plant for Hunt Oil, has been named President of Cameron LNG, the export plant at Hackberry in Louisiana developed by US utility Sempra Energy.
New Fortress Energy, the New York-based LNG-for-power company. has welcomed a court ruling in its favour in Sri Lanka allowing its floating import project and power joint venture to proceed.
The United States said it expected high levels of US LNG exports to continue in 2022 with a 16 percent increase, though stressed that there were heightened levels of uncertainty resulting from a variety of factors, including Russia’s invasion of Ukraine.
Free ReadUK major Shell plc said it intended to withdraw from involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas in a phased manner, aligned with new government guidance. The now London-based company said that as an immediate first step, it would stop all spot…
Before the Russian invasion of Ukraine liquefied natural gas trading was likely to overtake pipeline gas trade by 2030 and was forecast to reach 1,150 billion cubic metres per annum by 2050, though timelines may now shorten and volumes may expand because of doubts over Russia’s future market role.
TotalEnergies, the French energy major, said that Europe did not have enough liquefied natural gas import infrastructure for the number of cargoes required to make up for the Russian volumes cut by Western sanctions over the Ukraine invasion.