LNG import news

ADNOC has announced the signing of a long-term heads of agreement with Osaka Gas for the delivery of up to 0.8 million tpy of LNG.

Texas LNG and EQT Corporation have executed a definitive 20-year tolling agreement for natural gas liquefaction services for 2 million tpy of LNG.

In the July issue of LNG Industry, Frederik Van Nuffel and Maria Carolina Chang, EXMAR, Belgium, provide an overview of the implementation of the floating LNG terminal offshore Pointe Noire, Republic of the Congo.

Asia will continue to dominate the global LNG regasification capacity additions, contributing about 68% of the total capacity additions between 2024 – 2028, according to GlobalData.

In 1H24, Adriatic LNG injected approximately 4.4 billion m3 of natural gas into the national grid (+5% compared to the same period in 2023), recording the best result ever for the first six months of the year.

New Fortress Energy Inc. (NFE) has announced that it has achieved first LNG for its initial Fast LNG asset located offshore Altamira, Mexico.

Rystad Energy predicts that Russia's gas will need to be rerouted to Europe through alternative paths, requiring an additional 7.2 billion m3/y of LNG to replace the gas transiting Ukraine.

In our recent July issue of LNG Industry, Kilian de Cintré, Partner, Chris Taufatofua, Partner, Chris Strong, Partner, and Ruairi McGill, Associate, Vinson & Elkins, assess the current state of the LNG market in Latin America and the Caribbean.

Snam has announced that works are proceeding according to schedule on Ravenna's offshore regasifier, with the project on track to become operational in 1Q25.

Ocean Yield AS has purchased infrastructure fund CVC DIF’s share in French company Geogas LNG.