Regasification

Overgas will purchase up to 1.0 billion m3/y of regasified LNG for 10 years from Excelerate Energy.

BW Singapore, built in 2015, has a maximum storage capacity of approximately 170 000 m3 of LNG and a nominal continuous regasification capacity of approximately 5 billion m3/y.

Asia is set to continue to dominate the global LNG regasification capacity additions, contributing approximately 75% of the total LNG liquefaction capacity additions between 2022 and 2026.

GlobalData predicts that China will lead the global LNG regasification capacity additions between 2022 and 2026, contributing 26% of the total LNG liquefaction capacity additions.

The auctions were for the allocation of the continuous regasification capacity, in relation to multi-year allocation processes with expression of interest, concerning gas year from 2022/2023 to gas year 2032/2033.

Adriatic LNG kicks off the auction for operators interested in importing long-term LNG in Europe, with an overall LNG regasification capacity of approximately 147 billion m3 for the next 25 years.

The new LNG import terminal, named Golar Tundra, will help safeguard Italy’s energy security and diversification.

The strategic LNG hub will help to expand the reach of sustainable energy for customers in the Caribbean.

Through the contract, Golar will deliver the existing LNG carrier Golar Arctic as a FSRU that Snam will install in Sardinia as part of a project to supply the island with energy.

The five-year agreement with provide storage and regasification capacity for Gasunie’s new LNG import terminal in the port Eemshaven, the Netherlands.

The company has signed a binding implementation agreement with the German Federal Ministry for Economic Affairs and Climate Action to charter out two FSRUs for operations in Germany.

The delivery of approximately 65 000 t of LNG is a step towards further integration of gas markets and strengthening of energy security in Europe.

The Prime Minister of Greece and the Prime Minister of Bulgaria co-signed a plaque for the commencement of the realisation of the project at the ceremony.

The FSRUs are intended to strengthen the security of gas supply into Germany, with the total capacity being equivalent to approximately 30% of Russian gas imports into the country.

Helmerich & Payne’s US$33 million investment will support Galileo’s technology platform focused on decarbonisation of the energy supply chain, converting natural gas into LNG onsite.