LNG

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By 2030, around half of global LNG production capacity will be come from just two countries.

European gas markets are heading into the winter heating season against a challenging backdrop, shaped by relatively low inventories, constrained Middle East LNG availability and the phase-out of Russian gas, Intermodal Shipbroker’s Head of Research, Nikos Tagoulis said in a report.

Nigeria’s NIPCO Group is planning to invest more than $3 bill in an FLNG project.

Oslo-based Höegh Evi has signed an agreement with Petroleum Sarawak Berhad (PETROS), Sarawak’s state-owned oil and gas company, to jointly develop the Kuching LNG terminal.

Included in the latest UK package of 31 sanctions, unveiled by the government last week, were five more LNGCs - three Arc7s and two conventional vessels.

The pace of LNG sales agreements has not receded in recent weeks, illustrated by several deals being announced.

Asian Energy company, Gas Malaysia is aiming to make a final investment decision (FID) for its first regasification terminal by the second half of next year.

Glenfarne Group, the lead developer and majority owner of Alaska LNG, has welcomed President Trump’s announcement of a $50 bill plus South Korean investment in the project.