In this issue

 

Greek and Bulgarian prime ministers marked advancement of the Alexandroupolis Hub 
Free ReadLNG News Editor:  Shell reported an almost three-fold jump in earnings to $9.1 billion compared with $3.2Bln in the same three months of 2021 as quarterly LNG sales increased along…
UK major and global LNG sector participant BP reported a loss of $20.4 billion for the first quarter of 2022 as it booked a series of charges and impairments related…
LNG News Editor:  Equinor, the Norwegian major and owner of Western Europe’s only baseload liquefaction plant at Hammerfest in Northern Norway, more than doubled first-quarter revenues and income from soaring…
New Fortress Energy Inc., the expanding LNG terminals, production development and shipping and power assets holder, reported first-quarter net income of $241.2 million versus a loss of $39.5M in the…
Free ReadTC Energy, the North American natural gas pipelines and energy transportation group, reported a first-quarter profit compared with a loss in the prior-year period as it boosted LNG feed-gas provisions.…
LNG News Editor:  Chevron Corp., the LNG operator in Australia and Africa, reported a more than four-fold jump in first-quarter earnings of $6.3 billion compared with $1.4Bln in the first…
LNG News Editor:  Lithuanian fuel company Klaipedos Nafta has invited market participants to book regasification and cargo capacities for the first three months of the coming winter season from October…
LNG News Editor:  Nippon Yusen Kabushiki Kaisha, the Japanese shipping company known as NYK Line which has a US LNG investment and a fleet of 660 vessels from tankers to…
Free ReadHöegh LNG Holdings, the leading floating storage and regasification unit (FSRU) operator with 10 modern vessels, has appointment Erik Nyheim as new President and Chief Executive effective from mid-August. Nyheim…
Gaztransport and Technigaz (GTT), the French designer of maritime liquefied natural gas storage and fuel tanks, has won approval from France’s classification society Bureau Veritas for a new ballast-free LNG…
LNG News Editor:  Cheniere Energy, the largest US LNG export and owner and operator of the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, posted first-quarter…
Free ReadChart Industries Inc., the liquefied natural gas equipment-maker and industrial gas technology company, reported first-quarter 2022 all-time record orders of $636.8 million, its fourth record-order quarter out of the past…
Trans-Adriatic Pipeline helps brings Caspian Sea gas from Azerbaijan to European Union 

News Nudges

Chile LNG station

HAM Group of Spain, the developer of a growing European LNG filling station network, is also expanding into South America with a second LNG service station in Chile. HAM Chile will be in charge of the engineering process of the LNG station as part of a joint venture with regional operator Empresas Lipigas. The existing LNG station is located at the fuelling base of trucking company Transportes San Gabriel, in Linares, 300 kilometres south of the Chilean capital Santiago. HAM said the second station would be located in Tabolango in the Valparaíso region and about 10 kilometres from Concón, a coastal city in central Chile and will open in June.


Kyushu LNG trading

Kyushu Electric Power, a long-term LNG buyer with current long-term contracts with the Australian Gorgon LNG and Wheatstone LNG plants, has launched a new subsidiary for LNG trading. “Kyushu has launched a new subsidiary dedicated to supply to meet emerging demand,” said the company.


Novatek GDRs

Novatek, the Russian natural gas company and operator of the Yamal LNG plant in northern Siberia and the Arctic LNG II project hit by sanctions over the Ukraine invasion, has issued a notice through the London Stock Exchange on continuing its Global Depository Receipt (GDR) trading. “The Russian Federation Government Commission on Monitoring Foreign Investment authorized Novatek not to terminate its Global Depository Receipt (GDR) program and to continue GDR circulation outside the Russian Federation,” said the statement.