TotalEnergies profits hit by softening of energy prices while LNG activities and plans increase in first quarter
TotalEnergies, one of the leading global liquefied natural gas market participants and with plans to re-start the onshore Mozambique LNG export project and expand Papua New Guinea LNG, reported a 12 percent increase in first-quarter net profits compared with the 2022 quarter even amid a softening of oil and gas prices.
Biggest Indian LNG importer Petronet awards contract for two more LNG storage tanks at Dahej facility
L&T Hydrocarbon Engineering (LTHE) of India, a wholly owned subsidiary of global construction group Larsen & Toubro, has won a contract from the largest Indian LNG importer Petronet to further expand the nation’s biggest regasification facility at Dahej.
Two years after Indian PM opened first LNG terminal on East Coast Qatargas helps boost its deliveries
Two years after Indian Prime Minister Narendra Modi inaugurated the first Indian East Coast liquefied natural gas import terminal at Kamarajar Port, also known as Ennore, Qatargas has delivered its first and largest commercial cargo as the terminal seeks to boost its capacity utilisation, currently under 12 percent.
