LNG

Sembcorp Marine has purchased an additional 44% stake in Gravifloat, increasing its stake in the company to 56%.

Exmar and PEP have agreed to terminate a Liquefaction and Storage Agreement for the deployment of CFLNG in Colombia.

The Board of AB Klaipedos Nafta has announced that the company’s shareholders have approved the decision to enter into an EPC contract for the proposed Klaipeda LNG reloading station.

Petronas has denied accusations that it will walk away from the Pacific NorthWest LNG project in Canada if it does not receive federal approval by the end of March 2016.

Rolls-Royce has announced that it has signed a US$6.5 million contract with Tersan Shipyard in Turkey to supply an LNG propulsion package for a cargo carrier designed by NSK Ship Design.

Triloma EIG Global Energy Fund has started investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction.

Chevron Corp. recently hosted its annual security analyst meeting in New York, US, where executives expressed confidence in the company's near term outlook.

Andrew Bout, Eka Software, Canada, discusses the important role that energy trading and risk management software plays in the LNG supply chain.

EVOL LNG has been awarded the Doray Minerals' Deflector LNG contract.

Elliott Group has released a statement claiming that it has entered into an agreement with the Linde Group’s Engineering Division regarding cooperation in the small to mid scale LNG business.

Geoffrey Cann, Deloitte, Australia, outlines the critical challenges for Australia as it readies itself to become the leading exporter of LNG.

Fortum has released a statement claiming that it has completed the acquisition of 93.35% of shares in the polish gas and electric sales company, Grupa DUON S.A.

EGAS has made payments to LNG suppliers for the first time since the payment terms for deliveries were extended in December 2015.

Chevron Corp. has announced that first LNG and condensate production has started at the Gorgon Project.

RasGas has delivered its 500th long-term LNG cargo delivery to CPC Corp., Taiwan.