LNG

Australian LNG developer, Santos has confirmed it had signed a binding agreement to acquire an additional 3.3% participating interest (post State back-in) in PRL15 and the Papua LNG project from TotalEnergies.

Rotterdam’s Gate LNG receiving terminal’s operators, Gasunie and Vopak, are assessing market interest for possible small-scale LNG ship loading services through a non-binding expression of interest for a planned Jetty 5 development.

Market demand is being explored through a non-binding call for expression of interest in small scale ship loading services for the planned new jetty (Jetty 5).

Based on the outcome of the market consultation, Gate terminal will decide whether to  move towards detailed engineering and file the permit requests.

Papua LNG has achieved major contractual and commercial milestones, marking decisive steps towards a final investment decision (FID), partner TotalEnergies has revealed.

Iran has announced plans to establish an exclusion zone outside the Strait of Hormuz, to target vessels attempting to transit the waterway.

Bangladesh is set to fork out 35-37% more than it currently pays for regasification services to a Chinese state-owned company for its planned third LNG terminal.

Pakistan has issued a third international tender for the procurement of an LNG cargo for September delivery, after rejecting two earlier bids, due to what it perceived as high price levels.

Antwerp based gas carrier owner and operator, EXMAR, through its wholly owned subsidiary EXMAR Netherlands, has successfully placed $150 mill of new senior unsecured bonds.

The bonds are due to mature in September, 2031 and will pay a fixed semi annual coupon of 7.75% per annum.

An application will be made for the bonds to be listed on the Oslo Stock Exchange.

DNB Carnegie, Fearnley Securities, Nordea and Pareto Securities acted as Joint Bookrunners in the bond issue.

The net proceeds will be used towards strategic growth projects, primarily within EXMAR’s floating infrastructure platform, and general corporate purposes, the company said.

Norwegian state-owned energy giant, Equinor has taken delivery of its first LNG cargo under long-term supply agreements with Cheniere, the US’ largest LNG producer.

Houston-based Harvest Midstream is continuing to develop Kenai LNG as a necessary near-term solution for Southcentral Alaska’s anticipated natural gas needs, the company said.

US LNG facility developer, Venture Global LNG (VGLNG) has signed a new $3 bill 364-day revolving credit facility.