Regasification

South Asia is emerging as a hotspot for LNG, with Pakistan and Bangladesh set to join India as major consumers.

Asian spot LNG prices extended gains with demand coming from India and Japan.

The EU says it could hamper projects crucial to its energy diversification goals, such as the Baltic LNG project.

Qatar has turned down several requests by third-party traders to make fresh LNG supplies available to Egypt.

Black & Veatch has announced that it has won a contract to provide critical elements of India’s first floating storage and regasification unit based LNG import terminal.

I.M. Skaugen SE has announced that its small scale LNG project in Africa is making good progress towards implementation, but that it is facing delays.

Asian spot LNG prices stepped higher as Royal Dutch Shell replaced lost output from its Peru plant via spot markets.

Höegh LNG Holdings Ltd has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit.

Svitzer has announced that it has been awarded a 15-year contract by Excelerate Energy Bangladesh Ltd to provide marine support services for the Excelerate Energy floating storage and regasification unit.

NextDecade has signed a memorandum of understanding with the Port of Cork to develop an LNG import terminal at the port.

The countries that have been shortlisted are China, Japan, South Korea, Singapore, Indonesia and the UAE.

Total SA is in talks with Myanmar to supply the country’s most populous city, Yangon, with LNG.

MacGregor has won an order for on-vessel equipment, product fabrication, engineering and project management for a complete mooring and riser system that will serve the Moheshkhali floating LNG terminal.

Qatar Gas Transport Company and Hoegh LNG have embarked on a joint project.

Fluxys has announced that it has commenced cooperation with Swedegas for the development of an LNG project in the port of Gothenburg, Sweden.