Natural gas news

Glenfarne Alaska LNG, LLC has announced a series of major advances that move Phase One of the Alaska LNG project from development into early execution, including agreements for construction, line pipe supply, and in-state gas.

Brunei Energy Services & Trading and Vitol have announced the extension of their LNG sale and purchase agreement.

The Board of Directors of the African Development Bank have approved a US$150 million senior loan to support the development of the Coral North floating LNG project.

Hanwha Ocean has signed a strategic memorandum of understanding with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada.

Danaos Corp. has signed a strategic partnership with Glenfarne Alaska LNG, LLC for the construction and operation of at least six LNG carriers to deliver LNG to global customers from the Alaska LNG project.

BC Hydro has signed a memorandum of understanding with Ksi Lisims LNG for how and when BC Hydro will deliver clean electricity to the proposed floating LNG facility.

Global gas and LNG markets stand at an inflection point as record supply growth meets uncertain demand recovery and mounting regulatory pressures, according to Wood Mackenzie.

Argent LNG, LLC and Tecnimont S.p.A. have signed a term sheet establishing a strategic framework for Tecnimont’s participation and long-term execution alignment in the Argent LNG export project.

Wood has secured a two-year contract extension worth up to US$65 million with Woodside to continue delivering brownfield EPCM services across offshore as-sets at the North West Shelf project in Western Australia.

A safety report by ABS explores design considerations for innovative floating LNG power solutions to support the energy transition industry.