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.
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Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Texas-based United Energy has acquired Alkane and its LNG production facility in Seminole in a $31 million transaction, as it continues to expand its small-scale LNG platform.
Texas-based Power LNG is seeking approval from the US Department of Energy to export LNG in ISO containers to free trade agreement nations from its proposed Galveston LNG facility.
US-based small-scale firms United Energy LNG and Power LNG have agreed to merge, creating a small-scale LNG platform that will serve industrial, power, and transportation markets across North America.