LNG news in Europe

VTTI has entered into an agreement with Ancala to acquire its shareholding totalling 50% of Dragon LNG, the owner of a major onshore import terminal for the supply of LNG to the UK market.

The business structure for the future operation of Deutsche Energy Terminal GmbH's LNG terminal Wilhelmshaven 2, which is currently under construction, is complete.

Deutsche ReGas has withdrawn the regasification ship, Neptune, from the industrial port in Lubmin.

Mitsui O.S.K. Lines, Ltd has signed a long-term time charter party agreement for one FSRU with GAZ-SYSTEM S.A.

Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.

HAM Italia and the HAM Group have inaugurated the first EDUX LNG-CNG refuel-ling station in Italy, located in Via del Camposanto.

AB KN Energies, UAB Hoegh LNG Klaipeda, and the Lithuanian Maritime Academy have signed a tripartite agreement, committing to developing and enhancing the competence of seafarers in the servicing, management, and maintenance of FSRUs and LNG carriers.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

OLT Offshore LNG Toscana has confirmed that the uninstallation of the FSRU Toscana terminal has concluded, and the unit will be tugged to Genoa.

Saipem has completed its construction of the independent natural gas system for Gastrade’s LG project off the coast of Alexandapoulis, Greece.