Petronet LNG’s Dahej expansion project comes online
India’s state-owned oil and gas importer, Petronet, has commissioned the Dahej terminal’s latest expansion project.
Gasfin assumes DET terminal commercial management
Germany’s Gasfin Services has taken over the commercial management for the LNG terminals at Brunsbüttel, Wilhelmshaven 1 and Wilhelmshaven 2, operated by Deutsche Energy Terminal GmbH (DET), effective 1st April.
New Fortress Energy Brazil signs TGS terminal lease agreement
New Fortress Energy’s (NFE) Brazil platform has signed a long-term lease and capacity agreement for its Terminal de Gás Sul (TGS) LNG import facility in Santa Catarina, Brazil.
Middle East hostilities - day 32 roundup
Into the second month. Following its biggest monthly gain in its history, Brent dropped sharply in early trading on hopes of a de-escalation of the Middle East war.
Brent crude fell by around 13% since last night, to $103 per barrel, as the market reacted to signs from Washington that the Iran war might end soon.
At the time of writing, Brent was hovering at around $102.20 per barrel.
NFE completes sale of Jamaican assets
New Fortress Energy (NFE) has completed the sale of its assets and operations in Jamaica to Excelerate Energy for $1.055 bill.
The transaction was initially revealed last year.
Proceeds from the transaction will be used to reduce NFE’s corporate debt and for general corporate purposes, the company said.
Polar LNG looks to Arctic LNG 2 for its Alaska project
US-based energy developer, Polar LNG is seeking approval to purchase discounted equipment from NOVATEK’s sanctioned Russia’s Arctic LNG 2 project to support the construction of an LNG export plant in Alaska, according to Reuters quoting company CEO, Joel Riddle.
GTT reports more success
GTT has received an order from Hanwha Ocean for the tank design of two newbuilding 174,000 cu m LNGCs.
The company will design the cryogenic tanks of the vessels, which will be fitted with the NO96 Super+ membrane containment system.
They were believed to be ordered by Maran Gas for delivery in 2029.
Middle East hostilities - day 31 roundup
Hormuz stranglehold. Iran plans to increase its hold over the Strait of Hormuz to secure long-term economic and security gains, Vice President, Mohammad Reza Aref has said.
Ukraine looks to Greece for increased gas imports
Ukraine, which has begun building up gas reserves for next winter, has expressed interest in increasing its LNG supplies through Greek terminals and the pipelines of the Vertical Corridor system, according to Ukrainian energy company, Naftogaz.
Golden Pass announces production startup
The US Golden Pass LNG project, jointly developed by QatarEnergy and ExxonMobil, has achieved first LNG production from the first of three LNG trains.
