LNG

Japanese shipping company Mitsui OSK Lines and a subsidiary of German utility Uniper signed a contract to build and charter an LNG floating storage and regasification unit for the planned import terminal at the German North Sea port of Wilhelmshaven.

Pieridae Energy, the Canadian exploration and production company and developer of the Goldboro LNG export project in Nova Scotia with German-backed funding and sales accords, reported a net loss in its latest earnings as it awaited the completion of an acquisition.