LNG news in Europe

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.

The first ever ship bunkering at Hamina LNG terminal has been successfully completed. In co-operation with Rohe Solutions and Glander International Bunkering.

The EU's extension of its Emission Trading Scheme to shipping and potential inclusion of LNG in its Carbon Border Adjustment Mechanism could lead to bifurcation of the global LNG market, with Wood Mackenzie suggesting that high carbon taxes, particularly on methane emissions, are necessary for effective decarbonisation.

Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.