Maritime choke points have been recently brought back into the spotlight by the attacks by Israel and the US on Iran and vice versa.
Asian spot LNG prices fell last week from a four-month high, as a ceasefire between Israel and Iran reduced the risk of supply disruptions.
The first LNG cargo left the LNG Canada facility at Kitimat, British Columbia over the weekend, Shell Canada Energy, an affiliate of UK energy giant, Shell confirmed.
US oil and gas developer, Energy Transfer LNG Export, has signed an incremental sale and purchase agreement (SPA) with Chevron USA for additional LNG from its Lake Charles LNG export facility.
Egypt is believed to have reached agreements with several energy suppliers and trading houses to buy 150 - 160 LNG cargoes, as the country ramps up purchases to meet power demands, despite strained government finances, industry sources said.
US-based FSRU player, Excelerate Energy has bid for a tender to provide an FSRU to Iraq.
Thailand’s largest publicly traded company, energy supplier, PTT has signed a couple of LNG deals recently.
Italian LNG importer, OLT Offshore LNG Toscana has commissioned a new small scale LNG (SSLNG) service to be offered through the FSRU Toscana terminal.
Major LNGC owner, Capital Clean Energy Carriers (CCEC) has introduced a dividend reinvestment plan.
Australian oil and gas developer, Santos has entered into a process and exclusivity deed with XRG, a subsidiary of Abu Dhabi National Oil Co (ADNOC).