
Potential supply glut in Atlantic observed as global LNG flows are directed towards Europe
Rystad Energy announce a supply glut in the Atlantic could be possible as global LNG flows are directed towards Europe.
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Rystad Energy announce a supply glut in the Atlantic could be possible as global LNG flows are directed towards Europe.

JERA Global Markets Pte. Ltd and ADNOC Gas plc and its subsidiaries have announced the signing of a US$450 million (AED 1.653 billion) LNG supply agreement.

YPF has signed a memorandum of understanding with OIL, GAIL, and OVL for the export of LNG with an estimated target of up to 10 million tpy.

The U.S. Department of Energy, effective 21 January 2025, is ending the LNG pause and returning to regular order following direction given by President Donald J. Trump to ‘unleash American energy dominance’.

Gulf Energy Development Plc. has received its inaugural LNG cargo, for Gulf LNG Company Ltd.

GTT has signed a strategic co-operation agreement with China Offshore Engineering & Technology Co., Ltd, marking a significant milestone in advancing solutions for floating LNG and FSRUs.

Following recent investment in Western LNG LLC, the remaining development activities for the Ksi Lisims LNG and Prince Rupert Gas Transmission projects are supported through to a final investment decision expected later this year.

ADNOC Gas plc and its subsidiaries has awarded three enabling contracts worth US$2.1 billion for an LNG pre-conditioning plant, compression facilities, and transmission pipelines to supply feedstock to the Ruwais LNG project.

CB&I has been awarded a substantial lump sum contract by TJN Ruwais JV for EPC of two cryogenic tanks and associated civil, structural, mechanical, and piping works for its Ruwais LNG project.

Chart Industries, Inc. has signed an agreement with ExxonMobil to provide LNG equipment, technology, and services to its global portfolio of projects.

Demaco Holland B.V. has announced the release of its new company logo and brand identity to signify its integration into OPW Clean Energy Solutions.

The Heavy Engineering arm of Larsen & Toubro has won multiple orders in 3QFY25 in the overseas and domestic markets, including for an LNG project in the US.