US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
Honduras is set to launch its first LNG-to-power project with the arrival of the second liquefied natural gas cargo at the floating storage unit (FSU) Bilbao Knutsen in Puerto Cortes.
South Korean shipbuilder Hanwha Ocean said on Monday that mid- to long-term demand for LNG carrier newbuildings is driven by higher ton-mile demand from stronger energy security policies and LNG supply diversification toward the US and other exporters amid Middle East disruptions.
South Korea's Hanwha Ocean has entered into a non-binding memorandum of understanding with Canada's Kanata Clean Power & Climate Technologies to cooperate on a 12 mtpa floating liquefied natural gas export project planned for Prince Rupert, British Columbia. The project is expected to cost $15.7 billion.