India will buy more US LNG if it is offered at reasonable prices, the head of the country's top gas importer, Petronet LNG, said.
Abu Dhabi National Oil Co’s shipping arm plans to order up to six LNGCs.
Global commodity trader, Vitol is backing a consortium planning to build a $3 bill gas-fired power station and LNG import facility at Durban.
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Europe’s decision to formally sever its remaining gas ties with Russia marks the end of a chapter that has defined the continent’s energy system for decades.
The European Commission (EC) has introduced a new package of sanctions against Russia – the 20th since the start of the Ukraine war.
The LNG shipping industry will require over 650 new LNGCs by 2040, with the significant new LNG supply set to come onstream, according to Wood Mackenzie’s latest LNG shipping outlook.
The global LNG market is expected remain finely balanced this year.
Asian spot LNG prices fell last week from a nine-week high and a three-week hike, as mild weather and healthy storage weighed on demand.