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.
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Dutch independent storage tank firm Vopak is moving forward with the permitting process for its planned FSRU-based LNG import facility in Australia’s Victoria state, according to CEO Dick Richelle.
US FSRU player Excelerate has signed an 11-year LNG supply agreement with AxDo, a joint venture between Axpo and Bahamas-based energy and maritime logistics company Domicisle LNG, supporting development of the Bahamas LNG hub.
US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending October 21, up two cargoes from the previous week, according to the Energy Information Administration.
FSRU-based LNG import terminals in Egypt were the top destinations for US liquefied natural gas shipments for the third month in a row in August, with Europe again becoming the preferred destination for US cargoes over Asia, according to the Department of Energy’s LNG monthly report.