Asyad sells stake in LNG carrier duo

Oman LNG Development Foundation and Mars Development and Investment have each purchased a 10 percent stake in Asyad Shipping’s two newbuild liquefied natural gas (LNG) carriers.

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TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

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.

K Line, Petronas name LNG carrier duo in China

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.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

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.

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Asyad Shipping and MOL sell steam LNG carrier

Oman's Asyad Shipping and Japan's MOL have sold their jointly-owned 2001-built steam liquefied natural gas carrier, Sohar LNG.

Asyad Shipping names LNG carrier duo in South Korea

Oman's Asyad Shipping has named two newbuild liquefied natural gas (LNG) carriers in South Korea.

SEFE starts taking deliveries under Oman LNG contract

German gas importer Securing Energy for Europe (SEFE) has started taking LNG deliveries under a previously signed contract with state-owned producer Oman LNG as scheduled, a SEFE spokesperson told LNG Prime on Thursday.

Vortexa: LNG market participants grappling with potential supply shortfall

LNG market participants are grappling with a potential supply shortfall as the US-Iran conflict stretches into its third day and disrupts LNG shipments from Qatar and the UAE, which jointly account for about 20 percent of global LNG supply, according to a new report by Vortexa.