US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.
Chinese independent gas distributor ENN said it will buy only half of the LNG volumes it had agreed under a long-term SPA with Cheniere in 2023, as the US LNG producer has not yet taken a final investment decision on the first phase of the Sabine Pass expansion project.
Saudi Arabia’s energy behemoth Aramco has signed a preliminary deal with Kimmeridge's Commonwealth LNG, the developer of the 9.5 mtpa LNG export project near Cameron, Louisiana, as part of 17 agreements with a potential value of more than $30 billion with companies in the US.
Texas-based Energy Transfer wants to sell 80 percent of the equity in its proposed Lake Charles LNG export facility in Louisiana before making a final investment decision on the project, according to its management.