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.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Lithuania’s KN Energies, the state-owned operator of the country’s first FSRU-based LNG import facility in Klaipeda, reported higher LNG revenue in the first half of this year due to high terminal utilization and increased regasification and reloading volumes.
Lithuania’s KN Energies, the state-owned operator of the FSRU-based LNG import facility in Klaipeda, has signed a memorandum of understanding with Vietnam-based Indel Petro to cooperate on energy and infrastructure projects in Vietnam.
LNG throughput in the Lithuanian port of Klaipeda, home to the KN-Energies-operated FSRU-based LNG import facility, jumped in the first half of this year due to growing flows to Ukraine.
Firms have booked the majority of regasification capacity at the FSRU-based LNG import facility in Klaipeda for 2027, according to Lithuanian LNG terminal operator KN Energies.