LNG

Hoegh LNG, the Norwegian LNG carrier fleet operator and floating import terminal project developer, reported stable third-quarter profits as one of its vessels resumed a floating import role at the port of Tianjin in northeast China, while the company was also in line for at least seven other ventures in Australia, the Indian Subcontinent and the Philippines.

AGL Energy of Australia has pledged at the annual meeting to pursue the Crib Point LNG project on Westernport Bay, south of Melbourne in the state of Victoria as one of the vital tools in the cleaner energy transition.