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.
India's liquefied natural gas (LNG) imports decreased 5.4 percent year-on-year in June, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.
India's government has lifted emergency measures that prioritized gas allocation to essential sectors following the resumption of LNG shipments through the Strait of Hormuz.
India's liquefied natural gas (LNG) imports decreased 21 percent year-on-year in May, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.