Posco International, a unit of South Korean steel producer Posco, and Korea Southern Power (Kospo) have signed a heads of agreement on the use of Posco International’s Gwangyang LNG import terminal and the construction of a pipeline.
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The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.
Korea Southern Power (Kospo) has signed a memorandum of understanding with a unit of US energy giant ExxonMobil to collaborate on the development of combined-cycle gas turbine power projects and the LNG supply chain in the US.