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.
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 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 Storage Ltd has announced that it will permanently shut the Rough facility in the North Sea – Britain’s largest natural gas storage site.
Gaz-System S.A. has announced that Jan Chadam has resigned as President of the Management Board of Polskie LNG S.A.
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.
The Middle Eastern rift between Qatar and Saudi Arabia has stoked concern over supply disruptions spilling over into global gas markets.
Asian LNG spot prices dropped last week due to a lack of significant new demand from the Middle East and others.