Oslo-based TMC Compressors (TMC) has been contracted by Samsung Heavy Industries (SHI) to supply the marine compressed air system for four LNGCs under constructing for TMS Cardiff Gas.
French engineering company, GTT has received an order from China’s Hudong-Zhonghua Shipbuilding shipyard for the tank design of five new LNGCs under construction for Malaysia’s MISC.
GTT will design the cryogenic tanks of the 174,000 cu m vessels, which will be fitted with the NO96 Super+ membrane containment system developed by the company.
Delivery of the vessels is expected between 2029 and 2030.
More mixed messaging. In another U-turn, US President Trump has announced he will pause his plan to escort ships through the Strait of Hormuz, citing “great progress” towards a deal to end the war.
The South Korean government is reportedly reviewing a project to build an LNG export terminal in Louisiana.
The South Korean Government's review of Frontier Resources, an affiliate of Indonesia's Sinar Mas Group, pursuit of Hyundai LNG Shipping, was said to be in its final stage.
Oil and gas producer Kosmos Energy said that its Mauritanian and Senegalese Greater Tortue Ahmeyim (GTA) Phase 1 production averaged around 17,000 barrels of oil equivalent per day net during the first quarter of this year.
Russian LNG exports rose by 8.6% between January and April to 11.4 mill tonnes from the same period last year, according to preliminary LSEG data.
This was due to supplies from the Arctic LNG 2 project, which reached 1 mill tonnes in the first four months of this year.
US sanctions against Moscow over the Ukraine conflict have constrained Russian LNG exports, particularly from Arctic LNG 2, where operations have been hindered owing to difficulty in securing buyers.
In April alone, total Russian exports of LNG rose by 13.2% from a year ago to 2.92 mill tonnes.
Data also showed that Russian LNG exports to Europe during the period jumped 20.8% year-on-year to 6.4 mill tonnes. In April, they rose to around 1.6 mill tonnes from 1.2 mill tons a year earlier.
Total exports from NOVATEK's Yamal LNG plant in the period fell by 1.5% y-o-y to 6.5 mill tonnes.
Meanwhile, the Gazprom-controlled Sakhalin-2, plant exported 3.7 mill tonnes in the first four months of 2026, up from 3.6 mill tonnes during the same period last year.
Claims and counter claims, as situation escalates. A South Korean ship operated by HMM, identified as the multipurpose cargo ship, ‘HMM Namu’, suffered an explosion in the Strait of Hormuz on Monday, the cause of which is thus far unknown.
Due to the closure of the Strait of Hormuz, this has created a need for more tank storage capacity in India, local media has reported.
The Egyptian government has raised natural gas supply prices for its industrial sector, setting a minimum selling price of no less than $6.50 per MMBtu.