MOL and GAIL sign charter contract for LNG carrier
Mitsui O.S.K. Lines, Ltd and GAIL (India) Ltd have entered into a long-term charter agreement for an LNG carrier named GAIL BHUWAN.
Mitsui O.S.K. Lines, Ltd and GAIL (India) Ltd have entered into a long-term charter agreement for an LNG carrier named GAIL BHUWAN.
Caribe LNG has announced the closing of a strategic minority equity investment by Six One Commodities and LNG supply agreements, under which 61C will supply LNG for the initial phase of the Caribe LNG project in Colombia.
Henry Hub gas prices surged sharply during late January as Storm Fern drove extreme cold across the United States, triggering widespread freeze-offs, record local price spikes and a sharp rise in gas-fired power demand. US local gas prices surged to their highest level since Storm Uri, shooting up to triple Read more
Global gas prices strengthened sharply last week, led by strong gains in Europe and the United States as colder weather, falling storage levels and supply disruptions tightened near-term fundamentals, while Asian LNG prices followed at a more moderate pace. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark Read more
New analysis by Timera Energy explores how rising US gas price volatility is reshaping LNG portfolio value and risk as global LNG markets move into a new phase of price convergence. The report argues that the rapid expansion of US LNG export capacity through 2026–2030 will increasingly link Henry Hub Read more
Nikkiso Clean Energy & Industrial Gases Group has signed an agreement with SunRui Marine Environment Engineering Co., Ltd to supply its next-generation cryogenic pump skids for dual-fuelled vessel applications.
Stolt-Nielsen Ltd has confirmed it is in discussions with a strategic buyer regarding the potential sale of up to 50% of its interest in Avenir LNG Ltd.
Henry Hub gas prices surged to unprecedented levels as extreme winter weather tightened US gas balances, highlighting the vulnerability of supply and power systems during severe cold events. Henry Hub spot prices surged to an all-time high of over $30/mmbtu as Storm Fern is hitting the US with full force. Read more
Santos has announced that the first LNG cargo from Barossa LNG has been loaded to the Kool Blizzard and will be delivered to the Sakai terminal in Japan.
XRG will increase its overall participation in Rio Grande by acquiring additional 7.6% equity interests in Trains 4 and 5 of the Rio Grande LNG project from an acquisition vehicle of Global Infrastructure Partners.