LNG

Japan Petroleum Exploration (JAPEX) has secured two LNG cargoes on a spot basis from non-Middle East suppliers.

Mitsui OSK Lines (MOL) has agreed a long-term charter contract for a newbuilding 174,000 cu m LNGC with Japan’s INPEX Shipping, a wholly owned subsidiary of INPEX Corp, through its wholly owned subsidiary, MOL Encean.

This will be the first LNGC to sail under a long-term charter contract with the INPEX Group.

She was named ‘Harmonic Breeze’ at a ceremony held at Hanwha Ocean Co's Geoje Shipyard in South Korea.

‘Harmonic Breeze’ is fitted with an air lubrication system (ALS) and a shaft generator, as environmental impact reduction systems.

She is also designed to achieve superior fuel efficiency and reduced GHG emissions, compared to conventional LNGCs, MOL claimed, being fitted with an ME-GA engine.

The notion of exporting LNG through Canada’s northern Port of Churchill, located in Hudson Bay, has become a bit closer, following a meeting between Manitoba Premier, Wabanakwut (Wab) Kinew and Canadian Prime Minister, Mark Carney.

Russian energy giant Gazprom has delivered a second post-sanctions LNG cargo from the Baltic Sea's Portovaya plant to China, according to LSEG’s data.

India’s LNG importers have increased spot market purchases, to take advantage of a recent dip in prices in the face of a drop in supplies due to the Middle East war.

Bangladesh plans to import 11 LNG cargoes next month, despite surging global prices, as it seeks to ensure an adequate gas supply for power generation during the peak summer season.

Some 35 LNGCs left US ports, during the week ending 15^th April, down by two vessels from the previous week.

Their LNG-carrying capacity was 133bill cu ft, down 7 bill from the week before, according to data provided by Bloomberg Finance to the US Energy Information Administration..

Nine vessels sailed from Sabine Pass, six each from Corpus Christi and Plaquemines, five from Freeport, four from Cameron, three from Calcasieu Pass, and two from Cove Point.