LNG

QatarEnergies has notified Edison that it is unable to deliver three LNG cargoes, extending force majeure until the end of September, the Italian utility stated. A total of 24 cargoes, representing a combined 3 bcm of natural gas, are now subject to force majeure over the April-September delivery window, with Edison saying it has already replaced most of the lost volumes.

BW Gas, the gas shipping company, posted record third-quarter earnings before depreciation and disposals of $99.2 million as the LNG and LPG segments significantly increased their operating profit.