LNG import news
Wood Group wins FEED contract for Alexandroupolis LNG project
Wood Group has secured a front end engineering and design contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System, located offshore Greece.
Lithuania signs agreement to purchase US LNG for the first time
According to Reuters, Lietuvos Duju Tiekimas – the state-owned Lithuanian gas trader – has signed an agreement to purchase LNG directly from the US for the first time.
ABS grants AIP for Chiyoda floating LNG power plant concept
ABS has announced that it has granted approval in principal for a floating LNG power plant and floating storage and regasification unit design concept developed by Chiyoda Corp.
Centrica announces permanent shutdown of Rough storage facility
Centrica Storage Ltd has announced that it will permanently shut the Rough facility in the North Sea – Britain’s largest natural gas storage site.
Polskie LNG announces leadership change
Gaz-System S.A. has announced that Jan Chadam has resigned as President of the Management Board of Polskie LNG S.A.
PGNiG receives first American LNG cargo
PGNiG has announced that it has received its first American LNG cargo.
LNG market plagued by surplus capacity
LNG liquefaction production has grown dramatically over the past ten years.
Victoria and AGL Energy consider floating LNG import terminal
According to Reuters, the Australian state of Victoria is working alongside AGL Energy to study the possibility of constructing an LNG import terminal to increase local gas supply.
LNG market on edge
The Middle Eastern rift between Qatar and Saudi Arabia has stoked concern over supply disruptions spilling over into global gas markets.
No new demand leaves spot price languishing
Asian LNG spot prices dropped last week due to a lack of significant new demand from the Middle East and others.