LNG

Chile, the South American liquefied natural gas importer, has a new energy investor in the form of the world’s largest player, Saudi Arabian Oil Company, which has agreed to acquire a 100 percent equity stake in Esmax Distribusción SpA (Esmax) from Southern Cross Group, a Latin America-focused private equity firm.

Höegh LNG Holdings, the leading floating storage and regasification unit (FSRU) operator with 10 modern vessels, has appointment Erik Nyheim as new President and Chief Executive effective from mid-August.

Golar LNG Partners has filed final statements with the US Securities and Exchange Commission ahead of the special meeting called for February 24 as a virtual Webcast to vote on the proposed takeover by New Fortress Energy, the New York-based LNG and power project developer in Latin America and the Caribbean.

The American Bureau of Shipping, the US classification society, has held its annual China and Hong Kong business gathering at Xiamen port city on China’s southeast coast at which the main issues were LNG fuel and the International Maritime Organization’s sulfur cap for shipping.

Aug 26 (LNGJ) - The US Department of Energy issued an order granting American LNG Marketing a permit to export LNG over two years from its Hialeah facility near Medley in Florida to nations with and without a Free Trade Agreement with the US. The LNG would be loaded into ISO containers at the facility and transported by road or rail to ports in the state for export on ocean-going vessels. “The volumes proposed for export in this proceeding, when added to any volumes exported under American LNG’s long-term export authorizations, will not exceed 3.02 billion cubic feet on an annual basis,” the DoE said.

The US Department of Energy published its export data for April that showed three more cargoes shipped from the Cheniere Energy export plant at Sabine Pass in Louisiana at prices up to $4.10 per million British thermal units for the basic gas  and $10 per MMBtu for container shipments from Florida.