For illustration only (Image: New Fortress Energy)
US LNG player New Fortress Energy reported a net loss of $557 million in the second quarter of 2025, while it continues to negotiate a long-term gas sale agreement with PREPA to provide gas island-wide in Puerto Rico.
LNG Prime Annual Subscription Membership Required
You must be a LNG Prime Annual Subscription member to access this content.
Qatari LNG shipping giant Nakilat said that no one was injured after its 266,000-cbm Q-Max LNG carrier Al Mayeda was hit by "unidentified objects" while transiting the Arabian Gulf on Friday evening.
French LNG engineer Technip Energies is ready to hand over the first train of the North Field East LNG project in Qatar to state-owned LNG giant QatarEnergy, while the second train has already started commissioning, according to Technip Energies CEO Arnaud Pieton.
France's TotalEnergies has signed agreements with Petronas Carigali (PCSB), PTTEP, and KUFPEC to acquire a 30 percent operated interest in the Lang Lebah and B14 gas fields, located off the coast of Sarawak, Malaysia.
US LNG player New Fortress Energy said it had agreed to lease ten mobile turbines that can generate up to 300 megawatts of power to a US-based investment-grade company.
The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.