Japan’s Kyushu Electric Power has signed a basic agreement with Diamond Global Energy, a unit of Mitsubishi, to buy liquefied natural gas (LNG) from the second phase of the Shell-led LNG Canada project in Kitimat.
South Korean shipbuilder Hanwha Ocean expects "substantial" medium- to long-term demand for LNG carrier newbuildings from 2030 onward, driven by a "significant" number of LNG projects, particularly in the US.
Italian energy firm Edison, a unit of EDF, said it received a new force majeure notification from state-owned LNG giant QatarEnergy, affecting supplies scheduled for delivery at the Adriatic LNG terminal in Italy until the end of December.
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.
Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.
Posco International, a unit of South Korean steel producer Posco, and Korea Southern Power (Kospo) have signed a heads of agreement on the use of Posco International's Gwangyang LNG import terminal and the construction of a pipeline.