LNG - 11 January 2017

Excelerate Energy has announced that it has completed the long-term sale and leaseback of the Experience FSRU with a wholly owned subsidiary of CMB Financial Leasing Co.

Deck machinery specialist ACE Winches has announced that it has secured a spooling contract with Oceaneering for Shell’s Prelude floating LNG project.

China is becoming more dependent on overseas natural gas as it seeks to wean itself off coal.

Texas LNG Brownsville LLC has announced that it has executed detailed non-binding term sheets with four independent LNG buyers in Southeast Asia and China for a volume of 3.1 million tpy.

Europe will have to pay a premium to stay warm as the year has starts off with a cold snap.

Vard announced that it has secured contracts to build two LNG-powered RoPax ferries for Norway's Torghatten Nord AS.