US LNG imports to EU hinges on trade deal signing
The EU must implement the US trade deal without amendments or risk losing “favourable” access to US LNG shipments, President Trump’s ambassador to the bloc said, speaking to the UK’s Financial Times.
Vitol ties up LNG offtake with Venture Global
Commodity trading giant, Vitol has signed a binding agreement for the purchase of around 1.5 mill tonnes per annum of US LNG from Venture Global for five years, commencing this year.
Sinolam sues Panama for power project loss
Singapore-based oil and gas investment company, Sinolam has submitted an arbitration request with the International Centre for Settlement of Investment Disputes (ICSID) Convention against Panama, following the cancellation of a license for a major gas-fired power generation project.
Middle East hostilities - day 24 roundup
Mixed messaging. Yesterday President Trump claimed the US and Iran had held talks in which the two sides had “major points of agreement”, and speculated that a deal could soon be done to end the war.
Baker Hughes to help develop ST LNG project
US energy technology company, Baker Hughes is to supply gas compression, power generation equipment, and project development support for ST LNG’s proposed 8.4 mill tonnes per annum LNG export terminal offshore Matagorda, Texas.
Burckhardt Compression wins largest BOG compressor order
German engineering company, Burckhardt Compression has been awarded a contract by South Korean shipbuilder, Hanwha Ocean to supply 14 boil‑off gas (BOG) compressors to be fitted on seven 174,000 cu m LNGCs.
The project marks the first commercial deployment of the company’s new high-pressure BOG compressor generation, specifically engineered to meet the requirements of the latest LNGCs.
Hanwha Ocean’s latest vessel design includes GTT's cargo containment system, NO96 Super+ and Everllence’s upgraded ME‑GI propulsion system operating at 330‑bar gas injection pressure.
This will result in lower BOG rates and improved energy consumption, meeting the future requirements for stricter emission and methane slip regulations, Burckhardt claimed.
Global LNG exports drop to six-month low
Global LNG exports fell to a six-month low this month, erasing recent US and elsewhere supply additions, as the conflict in the Middle East halted shipments.
Italy in talks to offset LNG loss - EU to lower storage targets
Major LNG importer, Italy is talking to several countries, including the US, Azerbaijan and Algeria, to secure gas supplies, Energy Minister Gilberto Pichetto Fratin has confirmed.
Bangladesh seeks finance to purchase fuel, including LNG
Bangladesh is seeking to borrow billions of dollars to secure much needed fuel and LNG imports.
Middle East hostilities - day 23 roundup
As the war continues, so does the tit-for- tat rhetoric that came out of Iran and the US over the weekend.
