Regasification

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.

A plan by top global LNG exporter Qatar to increase output will stall the expected growth of US LNG exports.

An Indian port project would like to see LNG supplied for the Canadian market.

Höegh LNG has announced that it has signed a memorandum of understanding with Nakilat to explore collaboration on floating storage and regasification unit projects.

Petronet LNG sees a lifeline arriving for its loss-making Kochi LNG import terminal.

Wison Offshore & Marine has announced that it has received approval in principle from Bureau Veritas for its new floating storage regasification and power generation barge.

Some sellers of LNG have told Japan's JERA Co that they could be open to removing destination restrictions from existing long-term contracts.