EIA: global gas market could tighten this winter

The global natural gas market may experience a tighter supply-demand balance this winter, according to the US Energy Information Administration. The agency said in a new report that the last two winters in the Northern Hemisphere were exceptionally mild, keeping global natural gas markets well supplied and balanced at relatively low prices. Prices going into…

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Excelerate confirms Colombian FSRU charter deal, LNG carrier purchase

US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.

Exmar in LNG bunkering move

Belgium’s Exmar has signed a seven-year charter for the 2006-built LNG carrier Simaisma. The vessel will be modified to serve as a floating transshipment unit (FTU) for the LNG bunkering market.
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