LNG news in Europe
Saipem completes work on Alexandapoulis LNG terminal
Saipem has completed its construction of the independent natural gas system for Gastrade’s LG project off the coast of Alexandapoulis, Greece.
Mukran LNG terminal receives operating license
Germany’s Mukran LNG terminal has received the emission control and water law permits for the operation of the terminal.
VTTI and IKAV to purchase majority ownership of Adriatic LNG
VTTI and IKAV have entered an agreement to purchase a majority ownership of Adriatic LNG in Italy.
Wood Mackenzie: Global LNG market could split if an EU carbon tax is imposed on imports
Wood Mackenzie report says EU levies could create European price premium and transform LNG trade.
Green light given for Germany’s first land-based liquefied gases terminal in Stade
Hanseatic Energy Hub GmbH has committed to the final investment decision to construct Germany’s first land-based terminal for liquefied gases.
First ever bunkering operation completed at Hamina LNG
The first ever ship bunkering at Hamina LNG terminal has been successfully completed. In co-operation with Rohe Solutions and Glander International Bunkering.
Wood MacKenzie: Global LNG market could split if carbon tax imposed on imports
The EU's extension of its Emission Trading Scheme to shipping and potential inclusion of LNG in its Carbon Border Adjustment Mechanism could lead to bifurcation of the global LNG market, with Wood Mackenzie suggesting that high carbon taxes, particularly on methane emissions, are necessary for effective decarbonisation.
GlobalData: oil and gas contract value sustains despite 22% drop in volume during 2023
Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.
Adriatic LNG breaks records in 2023
In 2023, Adriatic LNG sent 8.5 billion m3 of gas into the national pipeline network, the highest annual value ever recorded, covering approximately 14.5% of Italy's total gas consumption and over 50% of national LNG imports
MGen, AP, and SMGP launch the Philippines' first integrated LNG facility
Meralco PowerGen Corp., Aboitiz Power Corp., and San Miguel Global Power Holdings Corp. are launching the Philippine’s first and most expansive integrated LNG facility in Batangas.