German report questions hydrogen obsession that has undermined energy economics and security and LNG plans
Germany's hydrogen obsession, which has made liquefied natural gas suppliers uneasy and prevented the Germans securing long-term LNG supply contracts, has been brought into focus by a German report saying that hydrogen demand would fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel.
Commodities and LNG trader Trafigura renews North American trading pot for $4.5Bln over two years
The leading global commodities trader Trafigura has underpinned its trading pot by renewing its North American credit facility with over $4.5 billion of total commitments to help finance its growing trades in key US shale basins as it also boosts its LNG position in Europe.
Venture Global signs LNG supply deal with former Gazprom Germania taken over by German Government
Venture Global LNG, the US operator of the Calcasieu Pass export plant in Louisiana and developer of three other export project in the US Gulf Coast state, has signed a 20-year supply deal with the former Gazprom Germania that was taken over by the German Government.
