Trafigura and Naturgy compete to become Argentina’s first private LNG importer

Commodity trader Trafigura and Spanish utility Naturgy are competing to become Argentina’s first private importer of liquefied natural gas (LNG).

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Venture Global seals new deals to support expansion of its power network

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.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

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US EXIM to back YPF’s Argentina LNG project

The Export-Import Bank of the United States is offering to lend up to $6 billion for the YPF-led Argentina LNG export project.

China’s ENN inks LNG cooperation pact with Trafigura

Chinese independent gas distributor ENN has signed a memorandum of understanding with commodity trader Trafigura to explore cooperation in liquefied natural gas (LNG).

YPF, partners seek RIGI investment scheme for $51 billion Argentina LNG project

Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.

YPF, partners target Argentina LNG FID by year-end

Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.