Spanish utility Naturgy has signed a memorandum of understanding with state-owned producer Oman LNG on LNG supplies and a potential joint investment in an LNG carrier.
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French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.
Oman LNG Development Foundation and Mars Development and Investment have each purchased a 10 percent stake in Asyad Shipping's two newbuild liquefied natural gas (LNG) carriers.
Spanish utility Naturgy said that the European Union should reconsider its plans to fully ban Russian LNG imports from 2027 as Europe faces a potential gas supply shortage.