LNG export news

The ongoing conflict between Israel and Hamas, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s LNG supply as winter approaches.

Saint Barbara and Ignacy Lukasiewicz are the new additions soon to join the ORLEN Group’s fleet of LNG vessels.

JERA Global Markets Pte. Ltd. and ADNOC Gas plc have signed a multi-year LNG supply agreement valued between US$500 million and US$700 million.

The facilities will exclusively be used by the company to purchase LNG cargoes from US exporters for supply to customers primarily in Europe.

Australia’s oil and gas sector says strong future LNG export earnings underscore the need for regulatory certainty in areas such as project approvals to encourage new gas supply investment.

ADNOC Gas plc has announced an agreement, valued between US$450 million – US$550 million, to supply LNG to PetroChina International Company Ltd.

Lloyd’s Register and Shanghai COSCO SHIPPING LNG investment, a subsidiary of China Shipping Corporation Limited, have signed a partner agreement. The intended partnership will see the world’s oldest marine classification society work with a key player in LNG shipping sector.

Bureau Veritas offered its approval in principle for CSSC Hudong Zhonghua’s largest ever LNG carrier design with a capacity of 271 000 cbm, at Gastech 2023.

Commonwealth LNG has entered into a Heads of Agreement with MET Group, an integrated European energy company headquartered in Switzerland, for the sale and purchase of 1 million tpy of LNG for 20 years from the Commonwealth LNG facility currently under development in Cameron, Louisiana.

Sempra Infrastructure, a subsidiary of Sempra has announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company, Ltd., and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.