Natural gas news

Sapphire Gas Solutions has received approval from the U.S. Department of Energy to export domestically produced LNG under a long-term, multi-contract authorisation through 2050.

Genting Berhad’s indirect subsidiary, PT Layar Nusantara Gas, has entered into definitive agreements for the onshore gas processing plant, connecting pipelines, and supporting facilities for the Genting floating LNG project to be located in West Papua, Indonesia.

New Fortress Energy Inc. has announced that its initial Fast LNG unit has completed its third cargo loading.

GTT has received an order from Hudong-Zhonghua Shipbuilding Co. Ltd for the tank design of a new LNG bunkering vessel for Ondimar Transportes Marítimos, a company of the Ibaizabal Group.

Securing Energy for Europe and ConocoPhillips have recently entered into a new long-term natural gas agreement, under which first gas deliveries have been successfully completed.

Procureship has signed a deal with BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers.

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.