LNG export news

Aramco and Sempra have announced that their respective subsidiaries have executed a non-binding heads of agreement for a 20-year sale and purchase agreement for LNG offtake of 5 million tpy from the Port Arthur LNG Phase 2 expansion project.

LNG has reportedly played a minimal role in displacing its coal consumption, with the nation prioritising domestic energy over LNG imports.

A joint study has revealed that Well-to-Wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of LNGs.

In our recent June issue of LNG Industry, Ana Maria Jaller-Makarewicz, Lead Analyst of Europe, IEEFA, looks at geopolitics, gas price volatility, and LNG market uncertainty.

Seatrium has announced that it has secured a favoured customer contract with Hyundai LNG shipping, which will entail the refit of a series of LNG carriers over the next two years.

MidOcean Energy has announced that it has appointed a new Chief Financial Officer in Armand Lumens.

ADNOC has signed a 15-year heads of agreement with EnBW Energie Baden-Württemberg AG for the delivery of 0.6 million tpy of LNG.

China State Shipbuilding Corporation has signed a contract for the building of 18 super-heavy LNG tankers with QatarEnergy.

MidOcean Energy has announced the completion of its previously announced agreement to acquire SK earthon’s 20% interest in Peru LNG, owner and operator of the first LNG export facility in South America.

Texas Brownsville LLC has signed a Heads of Agreemnt with EQT Corporation for natural gas liquefaction services for an additional 1.5 million tpy of LNG over 20 years.