Oman LNG Development Foundation and Mars Development and Investment have each purchased a 10 percent stake in Asyad Shipping’s two newbuild liquefied natural gas (LNG) carriers.
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LNG import terminals in the Netherlands were the top destinations for US liquefied natural gas cargoes in May this year, according to the Department of Energy’s LNG monthly report.
Australian LNG player Santos and Prism Energy International Australia have jointly sold and shipped the first condensate cargo from the Barossa gas project, located approximately 285 km north of Darwin, to South Korea.
US energy services firm Baker Hughes said it had secured a “major” order from compatriot LNG exporter Venture Global LNG to provide a liquefaction solution for its CP2 LNG expansion project in Louisiana.
German gas importer Securing Energy for Europe (SEFE) has started taking LNG deliveries under a previously signed contract with state-owned producer Oman LNG as scheduled, a SEFE spokesperson told LNG Prime on Thursday.
LNG market participants are grappling with a potential supply shortfall as the US-Iran conflict stretches into its third day and disrupts LNG shipments from Qatar and the UAE, which jointly account for about 20 percent of global LNG supply, according to a new report by Vortexa.