Novatek’s 2024 profit climbs to $5.19 billion

Russian LNG producer Novatek said its net profit rose to about $5.19 billion in 2024.

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PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

Spain’s Elcano sells steam LNG carrier

Spanish shipping firm Empresa Naviera Elcano has completed the sale of its 2003-built steam liquefied natural gas (LNG) carrier Castillo de Villalba.

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.

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PV Gas in LNG supply talks with Novatek

Petrovietnam Gas, a unit of state-owned Petrovietnam, is in talks with Russian producer Novatek to buy liquefied natural gas (LNG) from the latter as part of its plans to diversify its LNG supply sources.

Russian LNG production up 13.7 percent in January-August

Russian liquefied natural gas (LNG) production rose 13.7 percent in January-August this year, according to the Russian statistics agency Rosstat.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

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.

Zvezda nears delivery of third Russian-built ice-class LNG carrier

Russian Zvezda yard is nearing the delivery of the second Russian-built ice-class liquefied natural gas (LNG) carrier.