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.
Norwegian energy firm Equinor has taken delivery of its first liquefied natural gas (LNG) cargo under long-term supply agreements with US LNG exporting giant Cheniere.
The 2021-built 174,000-cbm FSRU Energos Force is heading towards Germany's Stade as state-owned LNG terminal operator DET prepares to launch its fourth FSRU-based LNG import facility in Germany.
US LNG exporter Cheniere has completed the Corpus Christi Liquefaction Stage 3 expansion project in Texas. In addition, Cheniere has also exported its 5,000th LNG cargo since 2016.
US LNG exporting giant Cheniere reported an 88.7 percent year-on-year increase in its second-quarter net income to $3.07 billion, while quarterly revenue rose 23 percent year-on-year to $5.73 billion.