US FSRU player Excelerate Energy now estimates capital costs for Iraq’s first LNG terminal to range between $520 million and $550 million, inclusive of the cost of the newbuild FSRU, according to CEO Steven Kobos.
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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.
Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from
US FSRU player Excelerate Energy.
Amazonica LNG has signed an engineering, procurement, and construction contract with China's Jereh to build what it says is Colombia's first onshore LNG import terminal.
Nord Gas Solutions, formerly Wartsila Gas Solutions, has secured a contract to supply a regasification system for Excelerate Energy's first FSRU conversion.
US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.