Natural gas news

Cryopeak LNG Solutions Corp. and Ferus Natural Gas Fuels Inc. have merged, forming a new LNG production and distribution technology-focused entity which is now named Cryopeak Energy Solutions Corp.

Mitsui O.S.K. Lines has been selected as the preferred shipowner to time charter out a FSRU for the planned LNG import terminal in the Gulf of Gdansk, Poland.

Sempra Infrastructure, a subsidiary of Sempra, has entered into a memorandum of understanding with the Japan Bank for International Cooperation to co-operate on opportunities to advance the energy transition.

North America has led globally in terms of the number of long-term contracts signed in 2023 for the export of LNG with 21 contracts, according to GlobalData.

Energy Workforce & Technology Council joined the Independent Petroleum Association of America, US Oil and Gas Association, National Ocean Industries Association, Texas Alliance of Energy Producers, and Gulf Energy Alliance in urging Congress to take immediate legislative action to counter the Biden Administrations’ recent decision to halt LNG Permits.

National Grid’s Grain LNG has announced a 10-year agreement that will extend the long-term storage and redelivery capacity of Sonatrach at the Grain LNG terminal from January 2029.

OLT Offshore LNG Toscana has announced that the FSRU Toscana terminal will undergo maintenance at the shipyard, resulting in a shutdown of the plant from the beginning of April to the end of October 2024.

According to Wood Mackenzie, President Biden’s order to temporarily pause the approval of new US LNG export projects right to export to non-FTA countries will not affect its forecast for US LNG exports out to 2028, but could affect the trajectory and pace of the sector’s growth after that.

Nebula Energy is investing US$300 million in AG&P LNG to fast-track LNG terminal development across emerging markets in South and Southeast Asia.

Buquebus has selected Galileo’s technology to help boost production at its LNG plant in Buenos Aires, Argentina.