Svitzer, a subsidiary of the Danish shipping group A.P. Moller-Maersk and a leading provider of towage, has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System LNG terminal offshore the northeast coast of Greece.
The UK Isle of Grain LNG import terminal, the largest in Europe and located on the Medway River in the southeast English county of Kent, reported a 60 percent surge in cargo deliveries in the past year and when more gas was supplied to the UK and the European Union.
The US Freeport LNG plant in Texas now estimates that the resumption of partial liquefaction operations following the June 8 fire will be early October 2022 and with a year-end target for the resumption of full production.
Worldwide liquefied natural gas export plants increased their overall liftings, apart from in the US where the markets were affected locally for natural gas and globally for oil by freezing weather causing power outages that hit US output, while North Asia spot LNG prices rose on firm demand.