Regasification

Pakistan’s Economic Coordination Committee has approved an LNG Sale and Purchase Agreement with Qatargas Operating Company.

Reuters reports that Lithuania has put US LNG imports on hold, due to the fact that the state’s gas system is not ready to handle US LNG.

Pakistan has launched a tender for a second LNG terminal in Port Qasim, Karachi, which it hopes will alleviate the current energy crisis.

Excelerate Energy has announced that it has partnered with Radius, which will provide global accounting, financing, banking, HR, tax, legal and compliance support for its FSRU and LNG operations.

The Russian Maritime Register of Shipping has been selected to class a new floating storage and regasification unit, which is being constructed for Gazprom Flot.

HiLoad LNG has entered into a Technology License Agreement with Vires Energy Corp. for an LNG receiving and regasification terminal in the Philippines.

The preliminary sales revenue of Klaipedos Nafta’s LNG terminal stood at €68 million for the period ended 31 December 2015.

Fortum has made a public tender offer to purchase all shares in the Polish gas and electricity sales company, Grupa Duon SA.

Clyde & Co has released a statement claiming that it has advised on contracts for the West African Gas Ltd LNG project in Ghana, Africa.

ENGIE has released a statement claiming that it has introduced a new organisational strategy as part of its enterprise project, which was announced in 2015.

Reports suggest that Pakistan’s LNG imports have reached approximately 1 million t.

Hrvatska LNG has released a statement claiming that its public call for investment in LNG Croatia LLC has been finalised.

RasGas and Petronet LNG have entered a SPA for supply of an additional 1 million tpy of LNG to India.

Hyundai Heavy Industries Group has released a statement claiming that it has gained ‘World Class Products’ certification for five new products, including an FSRU and an LNG carrier.

Noble Group Ltd has announced that it has signed its first LNG term sales contract for the Asia Pacific region, with deliveries to be complete by 2020.