LNG

Last week, the international transport union, ITF, voiced its concern to the shipowners/union Joint Negotiating Group (JNG) regarding the dangers of the Strait of Hormuz, Gulf of Oman and Israeli ports, most of which are regularly used by LNGCs.

Shell has reined in on the second-quarter outlook for its integrated gas division output and LNG production and warned of weaker trading results in a quarterly update published on Monday ahead of full results, due on 31st July.

Swiss-based energy company, MET Group, has acquired 100% of KGE (Kommunale Gasspeichergesellschaft Epe), a natural gas storage operator based in Gronau, North Rhine-Westphalia.

Major US export plant developer, Venture Global’s subsidiary, Venture Global Plaquemines LNG, has closed an offering of $4,000,000,000 aggregate principal amount of senior secured notes.

French energy major, TotalEnergies has closed the acquisition of a 50% stake in the solar, wind and battery energy storage systems (BESS) portfolio of AES Dominicana Renewables Energy.

At last month’s 29th World Gas Conference held in Beijing, Hudong-Zhonghua Shipbuilding showcased two new ship designs: a 201,000 cu m LNGC featuring a three-cargo tank layout, and a 42,000 cu m carbon dioxide (CO₂) carrier.

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