South Korea’s SK Gas has entered into an agreement to sell a 49 percent stake in Ulsan GPS, a combined cycle power plant that can use both LNG and LPG as fuel.
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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.
South Korea's SK Gas has signed a deal with compatriot Hyundai Glovis to supply the latter's dual-fuel pure car and truck carriers with LNG and build LNG bunkering infrastructure.