Regasification

The tender procedure organised by Adriatic LNG was a success.

The company started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal in Salvador, Bahia, on 8 December.

Woodside and Viva Energy have entered into an MoU to progress LNG regasification agreement.

The country is to see a 1752 billion ft3 LNG regasification capacity addition by 2025, according to GlobalData.

The project will provide power for 30% of the country’s electricity demand.

The company states that China is likely to witness total LNG regasification capacity additions of 5956 billion ft3 by 2025.

According to the company, China is expected to contribute 36% of total LNG regasification capacity additions in Asia between 2021 and 2025.

The company’s report states that India could account for 21% of APAC LNG regasification capacity by 2025.

Calling for LNG market players to participate in an EOI for a new proposed LNG tank storage in Pengerang, Johor, Malaysia.

According to GlobalData, China is set to commence the operations of 70 midstream oil and gas projects from 2021 to 2025.

The company has acquired a 49.9% stake in AES Colón from Inversiones Bahia, Ltd., increasing its ownership to 100%.

The company has introduced the Integrated Power Barge to the market.

Once approved, Excelerate will start importing LNG and selling regasified natural gas to Brazilian customers.

The contract is for the engineering, procurement, and construction of a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG import and regasification terminal.

Acteon Integrated Solutions wins contract to support the development of the Philippines LNG import and regasification terminal for AG&P.