LNG project news

Seatrium has renewed its five-year Favoured Customer Contract (FCC) with GasLog LNG services and Shell International Trading and Shipping Company Limited, involving the repairs, refurbishment, and upgrading of the two entities’ combined fleet of 43 LNG carriers docking in South East Asia.

MidOcean Energy has entered into a definitive agreement with SK Earthon to acquire its 20% interest in Peru LNG.

The IEEFA argues that the claims the US pause on LNG export permits ignore basic trends in global gas markets, and does not threaten European and Asian energy security.

Shell has contracted ABL's specialist master data build and optimisation software to support a number of its large scale newbuild projects, including LNG Canada, Crux, and Jackdaw.

According to analysis by the U.S. Energy Information Administration, developers advanced three LNG projects to the construction phase in 2023, following the signing of sale and purchase agreements underpinning the projects.

Tellurian Inc. has asked its financial advisor, Lazard, to explore opportunities for the sale of its upstream business.

Adani Total Gas Ltd and INOX India Ltd have entered into a mutual support agreement, under which ATGL and INOXCVA shall mutually accord a ‘preferred partner’ status for identifying and exploring possible collaboration opportunities for strengthening the LNG ecosystem in the country.

Mitsui O.S.K. Lines has been selected as the preferred shipowner to time charter out a FSRU for the planned LNG import terminal in the Gulf of Gdansk, Poland.

According to Wood Mackenzie, President Biden’s order to temporarily pause the approval of new US LNG export projects right to export to non-FTA countries will not affect its forecast for US LNG exports out to 2028, but could affect the trajectory and pace of the sector’s growth after that.

Nebula Energy is investing US$300 million in AG&P LNG to fast-track LNG terminal development across emerging markets in South and Southeast Asia.