Greek gas company Gastrade has signed an agreement to sell 20% of its share capital to Bulgartransgaz EAD (BTG), operator of Bulgaria’s National Natural Gas System.
The Sri Lankan Board of Investment (BoI) has signed an agreement with Pearl Energy to invest $97.2 mill in a floating storage LNG trading facility at Hambantota.
Free ReadLNG spot price for delivery to North Asia has more than doubled since hitting an all-time low earlier this year,. However, the gain is more impressive on paper than in reality, a Reuter’s analyst claimed. The LNG-AS spot price ended last week at $4.10 per MMBtu, its highest since mid-January…
Up to 10 US LNG export cargoes are expected to be cancelled for October.
Late last week, Turkey announced its largest natural gas discovery.
Teekay LNG Partners has priced NOK1,000 mill in new senior unsecured bonds that are due to mature in September, 2025 in the Norwegian bond market.
Keppel Offshore & Marine’s conversion of Golar’s LNGC ‘Hilli Episeyo’ into an FLNG was estimated to have saved about 33% of greenhouse gas (GHG) emissions, compared to a newbuilding FLNG, the company claimed.
The US Department of Energy (DoE) has given its final approval for Alaska LNG to export LNG.
Free ReadFSRU and LNGC owner, Höegh LNG Holdings has reported a net profit of $2.9 mill for the second quarter of this year. EBITDA came in at $57.7 mill. The company reported stable operations, despite the challenging circumstances caused by Covid-19. Its cost saving initiatives were going according to plan, Höegh…
The past two weeks were good for world LNG shipping companies stocks, which were able to add more than 12% in total.