Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.
Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.
UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
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.
State-owned Pakistan LNG has released a new tender inviting firms to bid for one spot liquefied natural gas shipment after reportedly scrapping two previous tenders because of high prices.
State-owned Pakistan LNG has released a new tender inviting firms to submit bids for one spot liquefied natural gas shipment after reportedly rejecting a bid for a cargo priced at $26.969 per MMBtu.