Natural gas news

The Ministry of Petroleum and Mineral Resources of Timor-Leste and Woodside Energy Ltd have announced the signing of a co-operation agreement to carry out studies and activities to mature a Timor-based LNG concept.

Golar LNG Limited has closed and drawn a new US$1.2 billion asset backed debt facility agreement with a consortium of banks for the refinancing of FLNG Gimi.

NextDecade Corporation has initiated the pre-filing process with the Federal Energy Regulatory Commission for expansion at Rio Grande LNG that includes a sixth liquefaction train and an additional marine berth.

As part of its investments, the International Finance Corporation, a member of the World Bank Group, will help Lebanon to develop an LNG-to-Power project.

Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.

UPM has launched a new solution for the insulation elements of LNG cargo tanks.

Molgas UK has completed the first-ever LNG de-gassing operation in the UK, in partnership with CalMac Ferries Limited and AD Fuels.

Chiyoda International Corp. and McDermott, LLC have reached an agreement with Golden Pass LNG Terminal LLC regarding an amendment to the EPC contract to complete the project.

Prime Infrastructure Capital Inc. has reached the financial close of its P50-billion transaction to acquire and operate the gas assets of clean energy provider First Gen Corp. in Batangas City.

Venture Global, Inc. has filed its application for the permitting and approval of the Plaquemines LNG brownfield expansion project with the Federal Energy Regulatory Commission.