LNG

Golar LNG Limited has reported net income of $16 mill, adjusted EBITDA of $49 mill and a total cash injection of $891 mill, for the second quarter of this year.

Last week, US LNG developer Cheniere Energy highlighted its role in helping meet the world’s growing need for secure and reliable energy.

Centrica’s trading arm, Centrica Energy, has signed a natural gas sale and purchase agreement (SPA) with US-based Devon Energy Corp.

Woodside Energy’s Meg O’Neill said there will be a 50% surge in global LNG demand by 2030.

Norwegian ship leasing specialist, Ocean Yield, together with its parent KKR’s managed investment vehicles, are to acquire CapeOmega Gas Transportation from private equity firm, Partners Group.

South Korea’s Hanwha subsidiary, Hanwha Aerospace, is to establish a framework to tap into US produced LNG.

A consortium led by the world’s largest independent investment firm, BlackRock, has agreed an $11 bill lease deal involving Aramco’s natural gas facilities.

Norwegian based P&I Club Skuld has warned that if two separate LNG batches with different compositions and densities end up in the same tank, and don’t mix properly then the liquefied gas could settle into two layers, called stratification.

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Taiwan is believed to be close to signing a deal to buy 6 mill tonnes of LNG from the US Alaska LNG project, according to the state's governor.