LNG

NextDecade Corp., the developer of the Rio Grande LNG export project in Texas, has formally taken a final investment decision to build the first three liquefaction Trains and export facilities with anticipated full capacity of around 27 million tonnes per annum with funding from the US, the Middle East and Asia.

TotalEnergies of France has signed a sale and purchase agreement (SPA) to supply 600,000 per annum of LNG over 15 years to South Korean company Hanwha Energy Corp., a utility company with gas-fired power and renewable assets

Indonesian oil and gas company Pertamina said its gas and LNG subsidiaries would be cooperating with French major TotalEnergies on using the Arun LNG Hub, a former liquefaction plant on North Sumatra island.

July 9 (LNGJ) - Sovcomflot, the Russian shipping line with 31 gas carriers in operation or on order and an overall fleet of 145 vessels, has received confirmation from France’s TotalEnergies of the exercise of its option for two further next-generation 174,000 cubic metres capacity LNG carriers. “The vessels will be chartered for a period of up to seven years, operating within the TotalEnergies global LNG portfolio under the technical management of Sovcomflot,” said SCF.

   “The option was exercised under a contract between TotalEnergies and Sovcomflot signed earlier in 2021 for one sister vessel for delivery in the third quarter of 2023,” added SCF. The two chartered carriers have twin slow-speed X-DF engines, a hull-air lubrication system. They also have two shaft generators with electronic frequency converters and will provide significant fuel savings with the re-liquefaction system minimising Gas Combustion Unit usage.