The Port of Galveston has approved a lease and development agreement with Texas-based Power LNG for the latter's planned small-scale, modular liquefied natural gas (LNG) production, storage, and bunkering facility on Pelican Island.
US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending October 7, down six shipments from the previous week, according to the Energy Information Administration.
Qatari LNG shipping giant Nakilat reported slightly lower net profit in the first half of this year due to geopolitical challenges caused by the Middle East conflict.
Qatari LNG shipping giant Nakilat said on Wednesday that no one was injured after its Q-Flex LNG carrier Al Rekayyat was hit by a projectile while transiting the Strait of Hormuz on Tuesday.
The Q-Flex LNG carrier Al Kharaitiyat, loaded with Qatari LNG, has crossed the Strait of Hormuz and is heading to Pakistan, according to shipping data.