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Free ReadSempra Energy has sold a 20 percent interest in the new business platform, Sempra Infrastructure Partners, to global equity fund Kohlberg, Kravis, Roberts (KKR) for $3.37 billion in cash. “This transaction values Sempra Infrastructure Partners at around $25.2 billion, including expected asset-related debt at closing of $8.37Bln,” said Sempra, developer…
Höegh LNG, the Norwegian-US fleet owner, has seen its floating storage and regasification unit (FSRU), the “Höegh Giant”, leave Singapore to be deployed offshore India at the end of this week as the Asian nation’s seventh LNG import terminal.
Liquefied natural gas prices rose in the spot market for China, Japan and South Korea while European values also increased amid a steady stream of cargo liftings at a seasonal level from global liquefaction plants through April 4 and with a firmer oil price underpinning long-term supply contracts.
The German Association of Gas Transmission System Operators (FNB Gas), which groups a dozen companies overseeing 40,000 kilometres of natural gas pipeline flows and other infrastructure, has published its development and implementation plan through 2030, including up to 200 gas projects and provisions for just two LNG import terminals.
Free ReadGrupo HAM of Spain, the fuel infrastructure company with a station network, has opened a new LNG filling station in the Spanish capital Madrid, taking its number of stations to 80 in Europe and South America. Ham said the LNG fuel facility was located at the Transportes Carrasco facilities at…
Woodside Petroleum, the operator of two LNG plants in Western Australia, said construction of the Pluto-Karratha Gas Plant Interconnector, the first step in realising Woodside’s vision for a regional LNG hub on the Burrup Peninsula, is now progressing with a completion date set for 2022.
Fluxys Belgium, the operator of the national gas grid and the LNG terminal at Zeebrugge, reported increases in annual revenues and net profits as LNG shipping and truck-loading activities rose to record levels even amid the challenges of the Covid-19 pandemic.
Free ReadChart Industries, the US LNG and industrial gases equipment-maker, said it had competed an investment in a US company called Transform Materials. Transform Materials is a sustainable chemical technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen. “Its highly selective, cost-effective, net-carbon-negative process converts the…