Natural gas news

Wison New Energies has been entrusted with the FLNG design and EPC contracts for two 3 million tpy floating LNG projects, of Ace Gas and FLNG and Transoceanic Gas and Power.

A record amount of LNG was recently transferred from the FSRU Independence at the Klaipeda LNG terminal to the Amur River LNG vessel, and will now be delivered to the Inkoo LNG terminal in Finland.

ECOnnect has delivered two cutting-edge jettyless IQuay units to New Fortress Energy’s Fast LNG project in Altamira, Mexico.

Van Oord has been contracted by FSRU Wilhelmshaven to construct an FSRU jetty at Wilhelmshaven in Germany.

Asian LNG demand is projected to increase by 5% at 12 million t in 2024, according to ‘Asia Pacific Gas and LNG: 5 things to look out for in 2024’ by Wood Mackenzie.

Mexico Pacific has signed a third long-term sales and purchase agreement with ExxonMobil LNG Asia Pacific for an additional 1.2 million tpy of LNG from Train 3 of Mexico Pacific’s Saguaro Energia project.

The Fairplay Towage Group has been chosen for essential parts for tanker-assistance in the German LNG terminals.

According to a report by Wood Mackenzie, the market sentiment for gas and LNG will remain bearish into 2024 with European prices having fallen by 45%.

Trafigura has signed a long-term LNG agreement with Tourmaline, Canada’s largest natural gas producer.

INPEX Corp. has announced plans to enter into an agreement with Tokyo Gas Co., Ltd to acquire additional participating interest in the Ichthys LNG project.