LNG import news

JERA Global Markets Pte. Ltd. and ADNOC Gas plc have signed a multi-year LNG supply agreement valued between US$500 million and US$700 million.

ORLEN has finalised an agreement with GAZ-SYSTEM to reserve a regasification capacity of 6.1 billion m3/y at the Gdansk terminal.

ADNOC Gas plc has announced an agreement, valued between US$450 million – US$550 million, to supply LNG to PetroChina International Company Ltd.

Lloyd’s Register and Shanghai COSCO SHIPPING LNG investment, a subsidiary of China Shipping Corporation Limited, have signed a partner agreement. The intended partnership will see the world’s oldest marine classification society work with a key player in LNG shipping sector.

Bureau Veritas offered its approval in principle for CSSC Hudong Zhonghua’s largest ever LNG carrier design with a capacity of 271 000 cbm, at Gastech 2023.

Commonwealth LNG has entered into a Heads of Agreement with MET Group, an integrated European energy company headquartered in Switzerland, for the sale and purchase of 1 million tpy of LNG for 20 years from the Commonwealth LNG facility currently under development in Cameron, Louisiana.

The U.S. Energy Information Administration estimates that global LNG import capacity is set to expand by 16% by the end of 2024 compared with 2022.

Gate terminal and its shareholders, Gasunie and Vopak, have announced that the final investment decision has been taken to expand Gate terminal’s storage and regasification capacity.

Reuters has reported that Shell will supply Morocco with an annual 0.5 billion m3 of LNG under a 12-year deal.

Indian Oil Corp, has signed long-term LNG import deals with United Arab Emirates’ Abu Dhabi Gas Liquefaction Co Ltd, and France’s TotalEnergies.