In its results roundup, Dynagas LNG Partners issued a statement on the sanctions against Russia, having had a couple of LNGCs sanctioned.
For the third quarter of this year, Malaysian shipping conglomerate MISC, part of the giant PETRONAS conglomerate, reported revenue of RM2,797.2 mill, around RM166 mill or 5.6% lower than the corresponding quarter of 2024’s RM2,963.2 mill revenue.
Swiss marine power company, WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP.
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In its latest review, Doha-based Gas Exporters Countries Forum (GECF), revised its full year 2025 global gas consumption growth down to 1.5%, reflecting a slowdown in industrial activity.
Asian spot LNG prices rose slightly last week, but remained around the $11 per MMBtu range on well-stocked inventories and weak demand.
By 2026, Bangladesh is expected to become the second-largest LNG importer in South Asia, overtaking Pakistan, some 10 years earlier than analysts had suggested.
Russian LNG producer NOVATEK had dropped its Arctic LNG 2 cargo prices to attract Chinese buyers.
Singapore’s new state gas buyer, Singapore GasCo, is to solicit offers in the first quarter of next year for LNG term supply for delivery from 2028.