German LNG terminal operator Deutsche ReGas will receive 112 million euros ($127 million) in grants from the European Union for its planned hydrogen hub in Lubmin.
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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.
Private German LNG terminal operator Deutsche ReGas received permanent approval to operate its Mukran LNG facility with two floating storage and regasification units (FSRUs) using onboard
gas generators.