LNG

BASF has received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology following extensive discussions and technical evaluation.

ADNOC has announced the formation of ADNOC Gas, effective 1 January 2023, its new world-scale gas processing, operations, and marketing company.

A new natural gas power plant in Alexandroupolis is being built by a joint venture of Greece’s three major energy groups – PPC, DEPA Commercial, and Damco Energy of the Copelouzos Group.

The U.S. Energy Information Administration estimates US natural gas consumption to reach record levels in 2022, partly because of increased natural gas use in the electric power sector, according to its January Short-Term Energy Outlook.

Gunvor Group, a leading independent trader of LNG worldwide, has renewed its syndicated borrowing base facility to support the working capital needs of the company’s growing LNG activities globally.

Shell dominated the global long-term LNG import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tpy, according to GlobalData.

The order is for the tank design of six new LNG carriers on behalf of several Asian shipowners.

Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group have entered into an agreement to acquire Cryotec Anlagenbau GmbH for an undisclosed amount.

As many as 58 LNG cargoes were received by the ORLEN Group at the President Lech Kaczynski Terminal in 2022, hitting a new record since the terminal started its commercial operation.

The FSRU Exemplar, which is chartered to Gasgrid for a period of 10 years, will provide flexible, reliable, and secure delivery of regasified LNG to Finland and other Baltic countries.

JERA Co., Inc. has signed a key term sheet for the sale and purchase of LNG with Oman Liquefied Natural Gas LLC.

Venture Global LNG and INPEX Corp. have announced the execution of a long-term sales and purchase agreement for the purchase of 1 million tpy of LNG for 20 years.

NextDecade Corporation has announced a volume increase of the sale and purchase agreement with ENN LNG for the supply of LNG from NextDecade’s Rio Grande LNG export project in Texas, the US.

Uniper has brought Germany’s first full cargo of LNG to the new LNG terminal, operated by Uniper, in Wilhelmshaven, Germany.

Sempra Infrastructure has announced that Energía Costa Azul, S. de R.L. de C.V. and Vista Pacifico, S.A.P.I. de C.V. received authorisation from the U.S. Department of Energy to re-export US-sourced LNG from Mexico to non-free trade agreement nations.