LNG

Delfin Midstream Inc., the US floating LNG developer with a project in the Gulf of Mexico offshore Louisiana, has entered into a strategic investment agreement with Japanese shipping company Mitsui OSK Lines.

Novatek, the Russian natural gas developer of the Arctic LNG II project, has concluded two important agreements on offtake from the facility coming on stream in 2023 while selling a stake to French major Total in its cargo trans-shipment subsidiary.

A Japanese state agency is having its financing and aid rules changed so that companies from Japan can invest in more LNG import terminals in southeast Asia and in trans-shipment stations for Russian volumes.