LNG

Polish energy company Gaz-System’s FSRU programme has reached another important stage with the launch of the FSRU.

Cryosafe Services, an LNG operations and consultancy support service company, has signed a partnership agreement with bound4blue to collaborate towards the application of the latter’s eSAIL® integration for LNGCs.

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A second Qatar controlled LNGC, the 174,000 cu m Mihzem, sailed from Ras Laffan and was due to arrive at Port Qasim, Pakistan on 12th May, according to LSEG shipping data.

Asian spot LNG prices fell last week, after two weeks of gains, on the prospect of a US/Iran peace agreement and subdued northeast Asia demand.

Long-term demand for LNG shipping contracts is to increase, according to US-based LNG developer NextDecade, due to the escalating situation in the Middle East.

India has officially declined Russia's offer to sell LNG from projects currently under US sanctions, according to Indian media reports.

Relative newcomer, Houston-based Liberty Bay FLNG is finalising plans for a 1.4 mill tonnes per annum FLNG project in either Mexico or Argentina, aiming for startup in late 2029 or early 2030, according to CEO, Deepak Bawa, speaking with Platts.

Europe’s LNG imports from NOVATEK’s Yamal export plant hit a record high in first four months of this year, according to new Kpler data analysis undertaken by German NGO Urgewald.