LNG import news

Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.

TotalEnergies has joined forces with the Sultanate of Oman and OQ Alternative Energy for the building of the Marsa LNG project, a sustainable LNG project fueled using renewables.

KEYS Azalea completed its first ship-to-ship bunkering in western Japan, supplying LNG to Daisy Leader and showcasing the benefits of LNG as a bridge fuel.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

Seaspan Energy has announced that it has launches the Seaspan Lions, the company’s second of three 7600m3 LNG bunkering vessels.

OLT Offshore LNG Toscana has confirmed that the uninstallation of the FSRU Toscana terminal has concluded, and the unit will be tugged to Genoa.

Saipem has completed its construction of the independent natural gas system for Gastrade’s LG project off the coast of Alexandapoulis, Greece.

Black & Veatch and Samsung Heavy Industries has received full notice to proceed from Cedar LNG LP to construct the projects floating liquefaction facility, in Kitimat, British Columbia.

Germany’s Mukran LNG terminal has received the emission control and water law permits for the operation of the terminal.

In 2023, the US became the leading LNG exporter, driven by increased exports to Europe and Asia, with the the Netherlands, France, and the UK as top importers, while Brazil’s LNG imports declined due to hydropower reliance.