LNG import terminals in Turkiye and the UK remained the top destinations for US liquefied natural gas cargoes in December 2024, according to the Department of Energy’s LNG monthly report.
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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.
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.
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.
Atlantic spot LNG shipping rates continued to drop this week, decreasing to $51,750 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.
US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending August 5, down four cargoes from the week before, according to the Energy Information Administration.
US liquefied natural gas (LNG) plants sent 35 cargoes during the week ending July 29, one cargo more than the week before, according to the Energy Information Administration.