LNG

Greek energy company, HelleniQ Energy in co-operation with US energy giant, Chevron, has signed lease agreements with the Hellenic Republic for the exploration of four offshore blocks located south of Crete and the Peloponnese.

UK energy major bp has signed an agreement with Türkiye‘s national oil and gas giant, Türkiye Petrolleri (TPAO), to pool their resources in oil and gas exploration and production.

Suffering an energy crisis, Iraq is to receive its first LNG cargo this year.

Through its subsidiary, Commonwealth LNG, US LNG and natural gas development company, Caturus, has signed a sale and purchase agreement (SPA) with Aramco Trading, an affiliate of the Saudi Arabian energy giant.