LNG import news
JBIC and Gazprom sign MoU
The Japan Bank for International Cooperation has announced that it has signed a memorandum of understanding with Gazprom.
India renegotiates price of LNG from Gorgon
According to Reuters, India has renegotiated the price of LNG from the Gorgon project in Australia, in order to make it more affordable for price-sensitive domestic customers.
King & Spalding advises MOL on participation in Indian LNG import project
King & Spalding has released a statement claiming that it represented Mitsui O.S.K. Lines on its agreements with Swan LNG for an LNG terminal to be developed in Gujarat, India.
MOL to participate in LNG receiving terminal project in India
Mitsui O.S.K. Lines Ltd has announced that it has signed agreements with Swan LNG Private Ltd regarding an LNG receiving terminal project in India.
Wärtsilä announces mechanical completion of Tornio Manga LNG terminal
Wärtsilä Corp. has announced that the mechanical completion of the Tornio Manga LNG terminal was achieved on 18 August 2017.
Framo wins contract to deliver pump systems to GasLog
Framo has announced that it has won a contract to deliver pump systems for a potential FSRU for shipowner GasLog at Samsung Heavy Industries.
Excelerate carries out 100th LNG STS transfer at Engro Elengy Terminal
Excelerate Energy Development DMCC has announced that it has carried out the 100th ship-to-ship LNG transfer at the Engro Elengy Terminal in Port Qasim, Pakistan.
Synectics wins surveillance contracts for major oil and gas projects
Synectics – a global surveillance business – has announced that it has secured contracts for a number of offshore oil and gas projects, including three LNG FSRUs.
Progress of Klaipedos Nafta LNG reloading station
AB Klaipedos Nafta has released a video looking at the progress of its LNG reloading station.
Faltering supply prompts short-covering price rally
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.