German gas and LNG importer Securing Energy for Europe (SEFE) has signed a long-term LNG sale and purchase agreement with Ksi Lisims LNG for volumes from the latter’s planned export project in Canada.
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.
India’s largest liquefied natural gas importer, Petronet LNG, has signed a binding agreement to form a 50/50 joint venture with compatriot Gruner Renewable Energy to establish 10 compressed biogas (CBG) plants in India.
India’s liquefied natural gas (LNG) imports decreased 8.5 percent in September from the same month last year, according to preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell.
South Asian LNG markets have absorbed one of the most severe supply shocks in the history of the global gas trade, as the war in the Middle East and the closure of the Strait of Hormuz cut off Qatari and UAE LNG flows to a region that had made itself critically dependent on them, according to a new report by UK-based Wood Mackenzie.