LNG

Golar LNG is holding off fresh capital for its fourth floating LNG unit, citing deteriorating yard economics. The 3.5 mtpa unit had been scheduled for delivery in late 2027 with not deployment location confirmed as yet.

Amazon Web Services will help SK Group build Korea’s first AI hyperscale data centre in Ulsan, powered by LNG. All electricity needs of the data center will be met by Ulsan Gas Power Station (1,200 MW), capable to switch to LPG when LNG prices rise.