KN, SK Innovation E&S extend LNG cooperation pact

Lithuanian LNG terminal operator KN Energies and SK Innovation E&S, the energy unit of South Korean conglomerate SK Group, have extended their framework deal on cooperation opportunities in international LNG business development.

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Venture Global seals new deals to support expansion of its power network

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.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

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AFRY secures contract for another Vietnam LNG-to-power project

Swedish engineering and consulting firm AFRY has been selected as the international technical advisor for the Quynh Lap LNG-to-power project in Vietnam.

Lithuania’s KN reports higher LNG revenue

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 in Vietnam LNG move

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.

Klaipeda LNG throughput up in H1

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.