Global demand for LNG is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell’s LNG Outlook 2024.
JERA Co., Inc. has announced the signing of a memorandum of understanding to collaborate on LNG value chain mainly with PT PLN Energi Primer Indonesia, a subsidiary of PT PLN (Persero).
A naming ceremony has been held for an LNG-fuelled capesize bulk carrier that was ordered by NYK and will be deployed to transport iron ore and coal under a long-term consecutive voyage charter contract with JFE Steel Corp.
The IEEFA argues that the claims the US pause on LNG export permits ignore basic trends in global gas markets, and does not threaten European and Asian energy security.
QatarEnergy has entered into a 20-year LNG sale and purchase agreement with Petronet LNG Ltd for the supply of 7.5 million tpy of LNG destined to the Republic of India.
Adani Total Gas Ltd and INOX India Ltd have entered into a mutual support agreement, under which ATGL and INOXCVA shall mutually accord a ‘preferred partner’ status for identifying and exploring possible collaboration opportunities for strengthening the LNG ecosystem in the country.
Nebula Energy is investing US$300 million in AG&P LNG to fast-track LNG terminal development across emerging markets in South and Southeast Asia.
GAIL (India) Ltd has successfully concluded a long-term LNG purchase agreement for purchase of around 0.5 million tpy LNG from ADNOC Gas.
Seatrium Limited has announced the delivery of Brassavola, Singapore’s first membrane LNG bunker vessel, to owner Indah Singa Maritime Pte. Ltd.
Tokyo Gas Co., Ltd, Truong Tan Vietnam Group, and Kyuden Co., Ltd are to establish a joint venture to evaluate the feasibility of an LNG-to-Power project in Thai Binh Province, Vietnam.