South Korean shipbuilder Hanwha Ocean has launched MOL’s floating storage and regasification unit (FSRU), which will serve Singapore’s second LNG import terminal.
Lithuanian state-controlled energy company Ignitis will sign a long-term LNG supply and purchase agreement with a unit of US natural gas producer EQT following the completion of a tender.
US LNG exporter Venture Global expects resolution of the next arbitration case over LNG sales from its Calcasieu Pass plant in Louisiana by the end of this year, according to CEO Mike Sabel.
US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.