LNG

The Netherlands said that almost a year after Russia invaded Ukraine, the country had virtually stopped importing energy from Russia, though received about the same amount of Russian LNG in 2022 than in the previous year and was looking at setting up new LNG import terminals and joint purchasing global cargoes with the European Union.

New Fortress Energy Inc., the US LNG-for-power company, saw its shares rise after it executed a binding agreement to charter a floating storage and regasification unit to Dutch utility Gasunie to serve as a second LNG import terminal for the Netherlands at the Port of Eemshaven.