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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Japan's Inpex has signed the first liquefied natural gas (LNG) sales and purchase agreements for the planned Abadi LNG project in Indonesia, a spokesman for Inpex confirmed to LNG Prime on Thursday.
South Africa’s petrochemicals firm Sasol and Mozambique's state-owned oil and gas company ENH signed a memorandum of understanding to assess the feasibility of an FSRU-based liquefied natural gas (LNG) terminal in southern Mozambique.
US LNG exporter Venture Global is seeking approval from the US DOE to export previously imported LNG from its CP2 LNG project in Louisiana, as it nears the launch of the project's first phase.
Atlantic and Pacific spot liquefied natural gas (LNG) shipping rates dropped this week, ending a three-week run of gains in both basins, according to Spark Commodities.
US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending October 21, up two cargoes from the previous week, according to the Energy Information Administration.