Regasification

Prices for LNG spot cargoes for Japan rose to a two-year high in January.

According to Reuters, the CEO of the Thai state-owned oil and gas company, PTT PCL, has revealed two major plans to increase its LNG terminal capacity.

Excelerate Energy has signed a letter of intent with DSME for the delivery of up to seven newbuild FSRUs.

Höegh LNG has announced that it has joined a consortium to advance an LNG import project in Pakistan.

EDF has released a video demonstrating how the Dunkirk LNG terminal in France operates.

Gaztransport & Technigaz has received an order from Samsung Heavy Industries to equip a floating storage and regasification unit with its Mark III cryogenic membrane containment system.

Asian spot prices for LNG delivery in March fell to parity with European gas benchmarks on 3 February.

Uniper has hired Goldman Sachs to sell its stake in a LNG terminal in Italy, a deal that could value the whole business at €1 billion euros.

Energijos Skirstymo Operatorius AB has announced that it has issued a public call for tenders for the installation of an LNG regasification station in Druskininkai, Lithuania.

Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the US.

New budget has halved import tax on LNG to 2.5%.

Excelerate Energy has announced that it is prepared to help a consortium of Engro, Fatima and Shell to deliver a proposed floating LNG terminal and second FSRU to the Pakistan market.

PT Jawa Satu Power has entered into a long-term power purchase agreement with PT PLN (Persero) for the sale of electricity in respect of a project to construct, own and operate a gas-fired power plant and FSRU for electricity sales to PLN.

Flex LNG has announced that Thomas Thorkildsen has joined the company as Senior Vice President, Business Development, effective immediately.

Mitsubishi Heavy Industries Marine Machinery & Engine Co. Ltd has delivered a regas boiler to Hyundai Heavy Industries Co. Ltd for an FSRU developed by Höegh.