LNG

Capital Clean Energy Carriers Corp (CCEC) reported a robust performance in the fourth quarter of last year, with a net income of $28.4 mill.

Oslo based LNGC owner, Awilco LNG has conditionally secured NOK251.3 mill, equivalent to about $26 mill, in a private placement of new shares.

In an update, US plant developer, Cook Inlet LNG,said that following months of hard work, collaboration and due diligence, the offshore LNG import project, utilising an FSRU and existing platform infrastructure is advancing.

Bangladesh's LNG long-term contract imports could be badly disrupted after all three of the country’s suppliers invoked force majeure, due to the ongoing situation in the Middle East region.

China’s huge reliance on energy imports from the Middle East and its position as one of Iran’s few remaining international partners makes its response to the crisis especially consequential, said the Washington (DC) based Center for Strategic and International Studies (CSIS) in a paper*.

With EU gas storage levels at around 30%, according to Gas Infrastructure Europe, the region is entering a critical period for refilling inventories ahead of next winter.

Singapore based engineering company, Seatrium has been awarded a contract by Karpowership for the conversion of an FSRU.

Texas LNG Brownsville, the LNG export terminal being developed at Brownsville, Texas, by an affiliate of the Glenfarne Group, has signed an engineering, procurement, and construction (EPC) contract with Kiewit under a lump-sum turnkey (LSTK) structure.

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LNG developers in the United States have secured 40 mtpa of LNG offtake from planned export projects in 2025, their strongest commercial year since 2022. Port Arthur LNG Phase 2 led the pack with 1.4 Bcf/d contracts, and Asian and European buyers keep coming for more amid Qatar’s export suspension.