Global liquefied natural gas (LNG) imports rose by 3.7 percent year-on-year in February, boosted by higher imports in Europe, the Gas Exporting Countries Forum said in its latest report.
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US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.
Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.
Global LNG imports declined significantly by 8.8 percent year-on-year to 34.29 Mt in August, as the ongoing Middle East conflict continued to constrain global LNG trade, the Gas Exporting Countries Forum (GECF) said in its latest report.