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.
Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.
US energy firm and LNG terminal developer Glenfarne said on Thursday that the announcment of a $50 billion-plus South Korean investment in Alaska LNG represents a "major" financing milestone for the project.
Glenfarne’s Magnolia LNG has secured a five-year extension from the US FERC to complete construction and place into service its planned liquefaction and export plant in Louisiana.