French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Japan’s liquefied natural gas (LNG) imports decreased by 20.6 percent in April compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.
Japan’s liquefied natural gas (LNG) imports rose by 13.9 percent in March compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.
Japan Petroleum Exploration Co (Japex) said it had purchased two spot LNG cargoes at "significantly" higher prices to substitute cargoes from the Middle East due to the ongoing blockade of the Strait of Hormuz.