LNG

A New day - a new ultimatum.  President Trump has issued a new ultimatum to Tehran, threatening to bomb its power plants and bridges by midnight tonight (GMT) if the Strait of Hormuz is not reopened.

Iran responded to Trump's threats with taunts and a senior military officer dismissing the ultimatum as “helpless” and warning of severe retaliation.

Southern LNG Company, a subsidiary of major US energy infrastructure player, Kinder Morgan, has received the go-ahead for additional LNG exports from its Elba Island terminal in Georgia.

US energy developer, Glenfarne has expanded its global LNG commodities platform, Glenfarne Global Commodities (GGC).

Japan’s largest LNG importer, JERA has terminated a deal for supplies from Commonwealth LNG, Reuters reported, quoting a US Department of Energy filing.

The US Export-Import Bank has approved an export credit insurance authorisation of more than $2 bill to support US LNG exports to Egypt.

Abu Dhabi National Oil Co (ADNOC) and bp's Egyptian joint venture has taken a final investment decision (FID) to proceed with the development of the Harmattan gas field.

New Zealand's planned LNG import terminal might not proceed, as Prime Minister, Christopher Luxon has said that the government would approve the project only if the business case stacked up.

Trump smoke and mirrors. Oil prices surged and stocks sank after President Trump’s address from the White House, offered no timeline to end the war and no solution to the closure of the strait of Hormuz.

Russia exported more LNG in the first quarter of this year than during the same period a year earlier.

Abu Dhabi-based natural resources investment platform,  International Resources Holding (IRH), a subsidiary of 2PointZero Group, has signed a 20-year LNG sale and purchase agreement (SPA) with Mexico’s AMIGO LNG, owned by LNG Alliance.