The order comes from its Korean partner shipyards, Hyundai Heavy Industries and Hyundai Samho Heavy Industries.
Under the agreement, POSCO International has agreed to purchase approximately 0.4 million tpy of LNG from Cheniere Marketing on a FOB basis for a term of 20 years beginning in late 2026.
Energy Transfer LNG has agreed to supply LNG to SK Gas under an 18-year agreement from the company’s Lake Charles LNG export facility, Louisiana, US.
GTT have been entrusted with the order from Samsung Heavy Industries for the tank design of four new LNG carriers for delivery in 2025.
The onboard carbon capture system developed by SHI and PANASIA has received Approval in Principle from KR.
Rystad Energy’s Senior Gas Markets Analyst, Kaushal Ramesh, discusses gas market price levels, global demand, as well as the uncertainty caused by the new Omicron variant.