Santos wins GLNG court battle against Fluor

Australian LNG player Santos has secured a court battle over Gladstone LNG project construction work that will see a unit of Fluor paying out more than A$692 million ($451.5 million). Santos also announced that it has granted an extension to the XRG consortium to enable the consortium to finalize due diligence and progress a scheme implementation agreement.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

NFE says Altamira LNG offline due to mechanical issue

New Fortress Energy's Fast LNG (FLNG) project off Mexico’s Altamira is offline due to a mechanical issue with the facility’s gas turbine.

Venture Global seeks FERC OK to place first Plaquemines LNG phase in service

Venture Global's Plaquemines LNG is seeking approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Atlantic LNG rates rise to $31,500 per day

Atlantic spot LNG shipping rates rose for the fifth week in a row, reaching $31,500 per day, according to Spark Commodities.

More News Like This

Adnoc, Gulf seal LNG supply deal

UAE’s Adnoc has entered into a multi-year LNG sales agreement with Thailand’s Gulf Development.

Shell, partners take FID on LNG Canada Phase 2

UK-based LNG giant Shell and its LNG Canada partners have made a final investment decision on the project's second phase, which will double production capacity at the facility in Kitimat, British Columbia.

Australia’s Santos strengthens LNG portfolio with new deals

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.

Adnoc, RWE working on up to two LNG supply deals

UAE’s ADNOC and German energy firm RWE have signed a letter of intent to progress up to two liquefied natural gas (LNG) sale and purchase agreements.