LNG news in Europe

Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.

HAM Italia and the HAM Group have inaugurated the first EDUX LNG-CNG refuel-ling station in Italy, located in Via del Camposanto.

AB KN Energies, UAB Hoegh LNG Klaipeda, and the Lithuanian Maritime Academy have signed a tripartite agreement, committing to developing and enhancing the competence of seafarers in the servicing, management, and maintenance of FSRUs and LNG carriers.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

OLT Offshore LNG Toscana has confirmed that the uninstallation of the FSRU Toscana terminal has concluded, and the unit will be tugged to Genoa.

Saipem has completed its construction of the independent natural gas system for Gastrade’s LG project off the coast of Alexandapoulis, Greece.

Germany’s Mukran LNG terminal has received the emission control and water law permits for the operation of the terminal.

VTTI and IKAV have entered an agreement to purchase a majority ownership of Adriatic LNG in Italy.

Wood Mackenzie report says EU levies could create European price premium and transform LNG trade.

Hanseatic Energy Hub GmbH has committed to the final investment decision to construct Germany’s first land-based terminal for liquefied gases.