French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.
The 2021-built 174,000-cbm FSRU Energos Force is heading towards Germany's Stade as state-owned LNG terminal operator DET prepares to launch its fourth FSRU-based LNG import facility in Germany.
Egypt, which has turned to LNG imports over the last two years to cover domestic natural gas shortages, will receive more much-needed gas supplies after UK-based LNG giant Shell and its partners took a final investment decision on the Phase 12a development project in the West Delta Deep Marine (WDDM) concession.
Egypt's Ministry of Petroleum and Mineral Resources said on Wednesday that no one was injured after a fire broke out aboard the 138,350-cbm Energos Winter in Damietta.
LNG import terminals in Egypt and the Netherlands were the top destinations for US liquefied natural gas cargoes in April this year, according to the Department of Energy’s LNG monthly report.