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Free ReadThe Canadian Woodfibre LNG project, a mid-scale venture being developed by the Asia-based company Pacific Oil and Gas Ltd, a subsidiary of Royal Golden Eagle (RGE) group, has signed a second supply agreement with UK major BP. The Woodfibre project said its latest Sales and Purchase Agreement (SPA) was with…
The Intercontinental Exchange has released its latest statistics showing a 46 percent year-on-year surge in the average daily volumes of trading in the Japan-Korea Marker (JKM) spot LNG price for North Asia, while the main European LNG product, the Dutch Title Transfer Facility (TTF), showed a 24 percent jump in…
Free ReadTellurian Inc., the US company planning the Driftwood LNG export project at Lake Charles in Louisiana, posted a first-quarter loss as it focused on debt reduction and said market fundamentals may favour the signing soon of supply agreements. The Houston, Texas-based company said it continued to build its integrated global…
Free ReadEuropean classification society DNV has granted an initial approval to Norwegian company Passer Marine for the development of a new LNG fuel tank insulation system suitable for Type-B fuel tanks. The new Passer Marine concept is designed for prismatic Type-B LNG tanks, which according to International Maritime Organisation rules require…