LNG

Glenfarne Alaska LNG, LLC and the Alaska Gasline Development Corp. have signed definitive agreements for Glenfarne to become majority owner of Alaska LNG.

PetroVietnam Gas Corp. and PETRONAS are exploring LNG opportunities for further co-operation under the memorandum of co-operation signed between Petrovietnam and PETRONAS.

XRG has reached deal completion on its acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin.

Excelerate Energy, Inc. has entered into a definitive agreement with New Fortress Energy Inc. under which Excelerate will acquire NFE’s business in Jamaica for US$1.055 billion in cash.

The U.S. Energy Information Administration has reported that the US exported 11.9 billion ft3/d of LNG in 2024, remaining the world’s largest LNG exporter.

Wood Mackenzie has used its proprietary data as well as credible third-party sources to prepare a rigorous comparison of lifecycle emissions of US LNG and coal in power generation.

US Secretary of Energy, Chris Wright, has approved an LNG export authorisation to the Venture Global CP2 LNG export project proposed for Cameron Parish, Louisiana.

LNG exports from the US are critical to meeting future energy demand in the Asia Pacific, the Asia Natural Gas and Energy Association has reinforced in a submission to the U.S Department of Energy.

Crowley has raised the US flag on American Energy, commencing operations of the first domestic LNG carrier to transport US-sourced natural gas to Puerto Rico.

ORLEN and Naftogaz have signed a natural gas supply contract, securing deliveries for Ukrainian consumers.

Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo for an aggregate consideration of US$1.65 billion at 1 January 2024.

Woodside has signed a long-term sale and purchase agreement with China Resources Gas International Ltd for the supply of LNG to China.

CTCI Corp. has announced a jointly won EPC bid with IHI Plant Services Corp. to build four above-ground, double-domed LNG cryogenic tanks for CPC Corp. at CPC Kaohsiung Intercontinental LNG Terminal.

Vopak has launched an artificial intelligence-powered intelligent dispatch system developed by 66 Logis Tech at its Qinzhou terminal in China.

ARC Resources Ltd has entered into a long-term sale and purchase agreement with ExxonMobil LNG Asia Pacific for the supply of LNG.