LNG

Extending its acquisition spree, Molgas Energy has acquired a majority stake in Norwegian firm Biogass Energi, strengthening its presence in the Nordic region.

The Port of Portsmouth in the south of England has completed its first bunker transfer of LNG, refuelling a Brittany Ferries vessel.

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Russian LNG production fell by 5.2% in the first nine months of this year, compared to the same period in 2024.

Unprecedented LNG capacity expansion is to occur by 2030, according to the latest International Energy Agency’s (IEA) medium-term outlook forecast.

Brazil has more than doubled its LNG import capacity, as companies have been expanding the country’s regasification infrastructure since 2020.

Europe’s LNG import terminal construction is losing momentum, indicating that countries across the continent overestimated future gas demand, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

Last week, Asian spot LNG prices were described by industry sources as steady on the back of tepid demand and healthy inventories.

Golar LNG has announced that all conditions precedent and customary closing conditions in connection with the 20-year charter of its 3.5 mill tonnes per annum MKII FLNG to Argentina’s Southern Energy (SESA) were recently satisfied.

Glenfarne Alaska LNG has signed a letter of intent (LoI) with Tokyo Gas for the offtake of 1 mill tonnes per annum of LNG from the Alaska LNG project.