LEAD STORY
Taiwan pivots to LNG-fuelled power as nuclear exit nears
Written by AJ KotzeTaiwan stands out among Asian LNG buyers as a country where gas demand has been rising steadily and substantially, not least due to the fast-approaching decommissioning of the country’s last nuclear power station. The state-owned commodity importer CPC Corp, meanwhile, just got the green light to build a new LNG regas and import terminal at Kaohsiung – an additional option for future LNG imports as more shipments are lined up at Taiwan’s existing terminals Yung An and Taichung Harbor in the first quarter of 2025; our Correspondent Anja Karl investigates.
New attempt to establish Argentina as LNG exporter
Written by AJ KotzeArgentina aims to become a major LNG exporter in South America, leveraging its Vaca Muerta shale resources, hoping to capitalise on European and Asian demand growth. A recent project merger in favour of FLNG signals momentum whilst a financing programme could potentially address the economic challenges of previous attempts. However, growth of surplus production is key, writes our Markets Editor, Dr Alexander Wilk.
Also in this issue
Global LNG trade sees robust month-on-month growth in December
Written by AJ KotzeOur December data showed a robust LNG trade increase globally. Meanwhile, demand was also uplifted by higher demand globally, our Market Editor Dr Alexander Wilk reports.
Fulkrum, a supplier of inspection, expediting, auditing, and technical staffing services, has unveiled a new Iraqi company.
Synectics introduces oil and gas facilities’ risk protection
Written by AJ KotzeSynectics, a supplier of security and surveillance systems for the oil and gas industry, has launched a suite of AI-powered tools to automate critical risk detection.
Kongsberg Maritime wins large FLNG equipment order
Written by AJ KotzeNorway’s Kongsberg Maritime has secured a large contract to provide an integrated package of electrical, control, safety and propulsion systems for the Golar MkII FLNG project.
GasLog LNGCs to be monitored by Wärtsilä Gas Solutions
Written by AJ KotzeWärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a three-year service & maintenance agreement with GasLog LNG Services.
Emissions innovations drives LNG powered energy transition
Written by AJ KotzeAs the energy sector faces mounting pressure to decarbonize, a wave of new emissions regulations and breakthroughs in detection technology are poised to reshape the LNG landscape. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeADNOC: ADNOC has signed a third sales and purchase agreement (SPA) for the Ruwais LNG project with Germany’s EnBW Energie Baden-Württemberg (EnBW), one of the largest operators of German energy infrastructure and across Europe.
This 15-year SPA to supply 0.6 mill tonnes per annum of LNG converts a previous heads of agreement (HoA) between ADNOC and EnBW into a firm contract.
The LNG will primarily be sourced from Ruwais LNG, which is currently under development in Al Ruwais Industrial City, Abu Dhabi.
