Naftogaz seeks more LNG via Poland’s Świnoujście terminal
Poland’s ORLEN and Ukraine’s Naftogaz Group have agreed to deepen their LNG cooperation by jointly using regasification terminals and transmission infrastructure across the Baltic and Eastern Europe, which would include Poland’s Świnoujście terminal as part of the wider logistics chain.
Asia invests in domestic energy to curb reliance on imported LNG
Asian countries are stepping up investment in domestic energy to curb reliance on imported LNG, as energy security overtakes cost following the three-month disruption of the Strait of Hormuz. China, India and Pakistan are accelerating spending on coal, renewables and nuclear power to reduce exposure to LNG imports.
GECF sees LNG markets restabilise
The Gas Exporting Countries Forum (GECF) sees global gas markets are on track to stabilize during the third quarter as the Strait of Hormuz reopens following the U.S.-Iran ceasefire. If the Strait stays open, shipping will begin to re-stabilise and rates will recede quickly, Philip Mshelbila, GEFC secretary general said at a Reuters forum.
Golden Pass LNG rushes to commission Train 2
Golden Pass LNG, the QatarEnergy and ExxonMobil joint venture, has received U.S. regulatory approval to begin preliminary commissioning activities on Train 2 – just two days after the company filed its request.
Suspected drone strike near Hormuz raises LNG shipping risk
A suspected drone strike on a merchant vessel near the Strait of Hormuz is testing a fragile U.S.–Iran framework agreement to restore shipping flows through one of the world’s most critical energy corridors, with implications for LNG trade.
GECF dismisses EU methane rules penalising LNG imports
The European Union cannot set climate rules for the rest of the world as it moves to penalise LNG imports based on methane emissions, Philip Mshelbila, secretary general of the Gas Exporting Countries Forum (GECF) said at the Reuters Global Energy Forum in New York.
PV Power urged to speed $2.25bn LNG-fuelled project
Vietnamese authorities in Nghe An province are urging PV Power to accelerate development of the $2.25 billion Quynh Lap LNG-to-power project with a view to bringing the 1,500 MW plant into operation by 2030 – even as imported fuel costs weigh on profitability.
Modec supplies mooring for Coral Norte FLNG
Modec has won a contract to supply an internal turret mooring system for Eni’s Coral Norte floating LNG project offshore Mozambique. The system will be provided through MODEC’s SOFEC unit, with the Japanese offshore services group working alongside the Technip Energies-JGC joint venture. Coral Norte is Eni’s second FLNG development in Mozambique, building on the existing Coral South project in the Rovuma Basin.
Delfin ties up Centrica as FLNG 2 offtaker
Delfin LNG has secured a long-term offtake agreement for its second floating LNG vessel offshore Louisiana as British utility Centrica locks in more US LNG supply. Delfin recently reached financial close on its first $5 billion FLNG project, set to add 4.4 mtpa of liquefaction capacity with a targeted start-up in 2030.
Bureau Veritas classes CMA CGM’s first LNG dual fuel megaship
Bureau Veritas has classed CMA CGM Notre Dame, a 24,092 TEU LNG dual-fuel ultra-large container ship delivered by Jiangsu Yangzi Xinfu Shipbuilding, marking the first in a planned series of 24 vessels for CMA CGM.
