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.
Norton Rose Fulbright has advised Banco Santander and a syndicate of lenders on an export credit-backed cruise financing for two new passenger cruise vessels, World Class 3 and World Class 4, for MSC Cruises.
In our recent April issue of LNG Industry, Cathy Farina, General Manager Product Development, PolaireTech International Inc., and Aditya Hegde, General Manager, Polairetech India Private Ltd, explore how small scale LNG is gaining popularity in unlocking and commercialising local stranded gas resources, enabling a sustainable transition to cleaner energy.
MidOcean Energy has announced the completion of its previously announced agreement to acquire SK earthon’s 20% interest in Peru LNG, owner and operator of the first LNG export facility in South America.
Ministry of Trade, Industry, and Energy Minister, Dukgeun Ahn, attended the naming ceremony for the LNG carrier ORION SPIRIT on 18 April 2024 at Samsung Heavy Industries’ Geoje Shipyard, marking the 30th anniversary of Korea's first LNG carrier built in 1994.
Texas Brownsville LLC has signed a Heads of Agreemnt with EQT Corporation for natural gas liquefaction services for an additional 1.5 million tpy of LNG over 20 years.
Technip Energies has been awarded an engineering, procurement, and construction contract of a liquefaction train for OQ and TotalEnergies’ Marsa LNG project.