LNG

Yokogawa Corp. of America and KBC (A Yokogawa Company) have announced the dates of their upcoming Users Conference, YNOW2024.

According to a report by Wood Mackenzie, the market sentiment for gas and LNG will remain bearish into 2024 with European prices having fallen by 45%.

Trafigura has signed a long-term LNG agreement with Tourmaline, Canada’s largest natural gas producer.

INPEX Corp. has announced plans to enter into an agreement with Tokyo Gas Co., Ltd to acquire additional participating interest in the Ichthys LNG project.

Chesapeake Energy Corporation and Southwestern Energy Company have entered into an agreement to merge in an all-stock transaction valued at US$7.4 billion.

From 10 January, SC Klaipedos nafta, will continue its operations under the new legal name, SC KN Energies.

Texas LNG Brownsville LLC has signed a Heads of Agreement with EQT corporation.

Ksi Lisims LNG and Shell Eastern Trading Pte Ltd have signed a 20-year LNG sale and purchase agreement for 2 million tpy.

Stirling Cryogenics is celebrating its 70-year anniversary in 2024.

KN Energies AB has signed a contract with Deutsche Energy Terminal GmbH for the commercial management of four German LNG terminals on the North Sea coast.

Höegh LNG and SPEC LNG have extended their partnership for LNG access and energy resilience in Colombia.

GAIL (India) Limited and Vitol Asia Pte Ltd has announced the signing of a long-term LNG supply deal into India for the annual supply of approximately 1 million t of LNG for a period of approximately 10 years, starting from 2026.

Santos has confirmed that funding for the transaction has been secured by Kumul Petroleum Holdings Limited for the sale of 2.6% of PNG LNG.

Williams has reached an agreement to acquire a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for US$1.95 billion.

JERA Co., Inc has concluded an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships related to system design and other support for the adoption of LNG in the Republic of the Philippines.