Atlantic LNG shipping rates rose by $221,500 to $264,250 per day this week as the LNG and shipping markets are experiencing “seismic shocks” in the wake of military action across the Middle East, according to Spark Commodities and Fearnley LNG.
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State-owned LNG giant QatarEnergy is progressing with commissioning activities at the first train of the North Field East LNG project in Qatar despite the ongoing Middle East crisis, according to EPC contractor Technip Energies.
Coastal Bend LNG is seeking approval from the US FERC to initiate the pre-filing process for its planned 22.5 mtpa LNG export facility on the Texas Gulf Coast.
US liquefied natural gas (LNG) plants sent 35 cargoes during the week ending July 29, one cargo more than the week before, according to the Energy Information Administration.
LNG import terminals in the Netherlands were the top destinations for US liquefied natural gas cargoes in May this year, according to the Department of Energy’s LNG monthly report.