Milbank advises OMERS Infrastructure in sale of GNL Quintero
Milbank have advised OMERS Infrastructure in sale of joint stake in GNL Quintero, the largest LNG terminal in Chile.
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Milbank have advised OMERS Infrastructure in sale of joint stake in GNL Quintero, the largest LNG terminal in Chile.
The terminal’s regasification capacity for this gas year is fully booked, partly in response to the rising uncertainty due to Russia’s attack on Ukraine.
Cheniere and Engie increase volume and extend term of LNG sale and purchase agreement, meaning that the new terms of their agreement will stretch beyond 2040.
The rise is a result of Russian exports becoming increasingly unpopular, the company states.
Following new government guidance, Shell has started a phased withdrawal from Russian LNG, whilst also donating profits from remaining Russian oil to humanitarian agencies to support Ukraine.
Ed Cox, Head of Global LNG at the Independent Commodity Intelligence Services (ICIS), discusses the options available to Europe in moving away from Russian gas, namely to the use of LNG.
With the Russia-Ukraine conflict causing major concerns over energy security issues, GIIGNL are mobilising to ensure stable, affordable, and flexible access to LNG imports.
Support grows for the South Australian LNG import terminal, partly due to it being the first LNG terminal in the world designed to be powered by renewable energy.
The company states that growing tensions between Russia and Ukraine put a potential 155 billion m3/y of natural gas imports to Europe at risk.
In its new report, the company looks at whether Europe’s LNG imports would be sufficient in the event of Russian gas pipeline export disruption.
PGNiG’s 150th LNG delivery originated in the US and arrived at the terminal in Swinoujscie, Poland, on 18 January.
US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer.