LNG

HAM inaugurates a new LNG service station in Salamanca, Spain, meaning that Grupo HAM’s network of gas stations on the main routes in Spain and Europe now total to more than 90 refuelling points.

Over 140 exhibitors from a variety of different fields have signed up to exhibit at StocExpo 2022, taking place in Rotterdam from 23 - 25 May.

New Fortress Energy reiterates commitment to LNG and power projects in Sri Lanka following a favourable court ruling, including development of an LNG terminal off the coast of Colombo.

Cheniere and Engie increase volume and extend term of LNG sale and purchase agreement, meaning that the new terms of their agreement will stretch beyond 2040.

Venture Global LNG move forward with its Plaquemines terminal in Louisiana, US, awarding Baker Hughes a contract for a liquefaction system with 24 modularised compression trains.

Wärtsilä will supply power and electrical solutions for Australian operator SeaRoad Shipping’s new-build, including two Wärtsilä 46DF dual-fuel main engines and three Wärtsilä 20DF dual-fuel auxiliary engines.

With a 40% working interest in the area, the discovery is substantial for the company, outlining a positive outlook for the future of LNG in Namibia and South Africa.

The rise is a result of Russian exports becoming increasingly unpopular, the company states.

The Eagle Valence, TotalEnergies’ first new-build LNG-powered very large crude carrier (VLCC), is the first of a broader programme of six new-build tankers designed with LNG dual-fuel propulsion.

Following new government guidance, Shell has started a phased withdrawal from Russian LNG, whilst also donating profits from remaining Russian oil to humanitarian agencies to support Ukraine.

Under the amended agreement, EOG will sell 420 000 million Btu per day of natural gas to Cheniere Energy’s subsidiary, CCL Stage III, for an extended term of 15 years.

Ed Cox, Head of Global LNG at the Independent Commodity Intelligence Services (ICIS), discusses the options available to Europe in moving away from Russian gas, namely to the use of LNG.

With the Russia-Ukraine conflict causing major concerns over energy security issues, GIIGNL are mobilising to ensure stable, affordable, and flexible access to LNG imports.

Due to the conflict in Ukraine and sanctions on Russia, it is expected that LNG is set to help fill the gap on Russian gas in Europe’s energy mix.

Shell announced its intention to exit its joint ventures with Russian-owned Gazprom, focusing instead on supporting Ukraine as well as European security.