Natural gas news

Gas price volatility has raised questions on its suitability as a bridging fuel for the energy transition.

As part of a long-term swap arrangement, Vitol will purchase 500 000 t LNG from China Gas’ contracted US volume on FOB basis and sell 500 000 t of LNG to China Gas on DES basis from 2029.

Eesti Gaas has stored gas for the upcoming heating season not only in the underground gas storage facility in Latvia but, for the first time, also in Poland and Germany.

Norton Rose Fulbright has advised ABN AMRO and National Australia Bank on their arrangement of acquisition financing for Celsius Shipping and Basalt Infrastructure Partners to acquire two LNG carriers.

Integrally geared compressor and expander manufacturer Atlas Copco Gas and Process has built upon its proven track record in low-pressure BOG compression to create a range of high-pressure boil-off-gas compressors.

Asda is investing in two new bio-LNG refuelling facilities, as the retailer continues to make progress towards reducing overall carbon emissions.

KBR has been awarded an engineering and procurement services contract by Shell for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.

Minerva Bunkering has celebrated the arrival of its newest LNG dual-fuel bunker tanker, M/V Amalthea, at a ceremony in Singapore.

PV Gas has signed a memorandum of understanding MoU with the Vietnam Electricity Group to research the supply of LNG from the Vung Ang LNG warehouse to the Quang Trach II LNG Thermal Power Plant.

The Energy Market Authority has signed a new memorandum of understanding with Korea Gas Corp. with an expanded scope to explore joint procurement of LNG between Singapore and KOGAS.