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.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Dutch gas grid and LNG terminal operator Gasunie said on Wednesday that the Netherlands will not meet its previously set gas storage filling target of 115 TWh for this winter, which is about half of the country's gas consumption.
Dutch partners Gasunie and Vopak expect to launch the fourth LNG tank at their Gate terminal in the third quarter of this year, according to Vopak CEO Dick Richelle.