LNG

Vietnam Gas Corp. has received the fourth LNG train at Thi Vai – Cai Mep LNG port in Vietnam to serve the peak electricity production season.

JERA Co. Inc. has announced the new growth strategy that integrates three key business pillars – LNG, renewables, and hydrogen and ammonia – with an investment of ¥1 – 2 billion for each area.

HAM Group has inaugurated a new LNG refilling station in Torre-Serrona, Spain.

TechnipFMC has been awarded an integrated EPCI contract by Woodside Energy in Australia.

AG&P LNG, a subsidiary of Nebula Energy, and Hai Linh Company Ltd have started the commissioning of the Cai Mep LNG Terminal in Vietnam.

CB&I has been awarded a contract by Marsa Liquefied Natural Gas LLC, a joint venture between TotalEnergies and OQ, for the EPC of a full containment concrete LNG storage tank, located in Oman's Port of Sohar.

Black & Veatch has completed a feasibility study for the planned Andes Energy LNG regasification terminal and power plant.

Australia's Future Gas Strategy has highlighted a commitment for Australia to remain a reliable trading partner for LNG, while underscoring the role of gas in Australia's energy mix until 2050 and beyond, according to Wood Mackenzie.

ADNOC has signed a 15-year heads of agreement with EnBW Energie Baden-Württemberg AG for the delivery of 0.6 million tpy of LNG.

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

dmg events will present the Canada Gas Exhibition & Conference held in Vancouver, British Columbia, Canada, from 7 – 9 May 2024 at the Vancouver Convention Centre.

Tellurian Inc. has continued making progress on Driftwood LNG phase one construction with Bechtel.

bp has entered into a long-term LNG sale and purchase agreement with Korea Gas Corp.

Russia’s gas and LNG industries have suffered from sanctions imposed by Western countries in the wake of Russia’s invasion of Ukraine due to limited pipeline infrastructure and reliance on Western companies, reports Rystad Energy.

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.