French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
India’s largest liquefied natural gas importer, Petronet LNG, has received the 4,000th LNG shipment at its Dahej import terminal in western Gujarat state.
India’s liquefied natural gas (LNG) imports increased 1.5 percent year-on-year in July, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.
India’s largest LNG importer Petronet LNG, the operator of the Dahej and Kochi regasification terminals, reported higher profit and lower regasification volumes in the quarter ending June 30.