LNG

Qatar Gas Transport Company, better known as Nakilat, has kept first-half net profit broadly flat at 857 million Qatari Riyals, even as its Marine Services segment was “significantly affected” by the military conflict in the region.

State-owned Pakistan LNG has purchased a cargo for late July delivery at nearly $21.88 per million British thermal units on Monday, its highest price since 2022, Bloomberg reported. In August, Pakistan seeks to buy more cargoes.

An oil tanker in the Strait of Hormuz was hit by an unknown projectile, forcing the crew to abandon ship, according to United Kingdom Maritime ‌Trade Operations agency (UKMTO). No LNG carriers or very large very large crude carriers (VLCCs) were seen passing through the strait this week so far, as…

India’s Hindustan Petroleum Corp is calling on LNG producers and traders to register interest in supplying spot cargoes and term deliveries. The state-run refiner is understood to look for 1mtpa of LNG under contracts stretching 10-15 years.