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.
Belgium’s Exmar has signed a seven-year charter for the 2006-built LNG carrier Simaisma. The vessel will be modified to serve as a floating transshipment unit (FTU) for the LNG bunkering market.
Nord Gas Solutions, previously known as Wartsila Gas Solutions, has secured a contract from Belgium-based shipping firm Exmar to supply a regasification system for the latter's FSRU conversion which will be installed in the Dutch port of Eemshaven.
Dutch partners Gasunie and Vopak have taken a conditional investment decision to extend operations of their FSRU-based LNG import facility in the Dutch port of Eemshaven beyond 2027.