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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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.
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.
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 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.