LNG news in Europe

LNG Croatia has announced that the LNG terminal’s commissioning and trial process has been completed, with the commissioning of the new regasification model.

Havila Biogass has selected Nordsol as its technology partner for the development of three identical bio-LNG production plants in Norway.

Venture Global, Inc. and Naturgy have announced the execution of a new long-term sales and purchase agreement for the purchase of 1 million tpy of LNG from Venture Global for 20 years beginning in 2030.

Venture Global, Inc. and ATLANTIC-SEE LNG TRADE S.A. have executed a new sales and purchase agreement for the purchase of a minimum of 0.5 million tpy of US LNG from Venture Global for 20 years.

Musel Energy Hub, owned by Enagás and Reganosa, is launching a service to supply bio-LNG for loading onto ships and tankers.

ORLEN will deliver over 300 million m3 of US gas to Naftogaz in a newly-signed agreement.

INEOS Energy has signed a major long-term deal with Kinetik Holdings Inc. to supply natural gas to Europe from 2027.

Given current market trends, IEEFA forecasts that Central and Eastern European gas consumption could drop from 181 billion m3 in 2024 to around 137 billion m3 in 2050, a 24% decline.

OLT Offshore LNG Toscana has allocated capacity for the new small scale LNG service.

PATRIZIA, through its portfolio company Renergia, has secured over €70 million in new senior debt financing from UniCredit to accelerate the next phase of growth in Italy’s biomethane and bio-LNG sector.