Mitsui O.S.K. Lines Ltd has announced that it has signed deals for the construction of a floating storage and regasification unit, FSRU services and financing for the Jawa 1 Gas-Fired Project.
Tellurian Trading has entered into a MOU with Vitol to supply 1.5 million tpy of LNG from its LNG offtake capacity at the proposed Driftwood LNG export terminal.
Inflated LNG spot charter prices are easing as an increasing number of tankers are becoming available for deliveries.
According to Reuters, First Gen Corp. – a Philippine power company – and Tokyo Gas Co. have signed a preliminary agreement to jointly develop an LNG import terminal in the Philippines.
South Korea’s EPIK has signed an agreement with the Port of Newcastle to develop a FSRU import terminal.
Royal Vopak will acquire a total share of 44% of ETPL in separate transactions with IFC and Engro Corp.