In a significant setback for Nigeria’s fiscal ambitions, negotiations for a record-breaking $5 billion oil-backed loan from Saudi Aramco have hit a wall, with falling crude oil prices casting a shadow over the deal. This […]
ENB Pub Note: The total volume of India’s imports in 2025 is shown on top, and the update from the Dahej LNG terminal is shown below. Volume of LNG Imports for India (2025) Based on […]
Daily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end […]
Following KN’s international public procurement process for engineering, procurement, and construction (EPC) works, KN awarded the contract to Lithuania’s Kauno Tiltai, a specialist in roads, bridges, and infrastructure projects. KN said the contract for the […]
Nigerian owner Temile Development Company has contracted South Korea’s shipbuilder HD Hyundai Heavy Industries for up to two very large gas carriers (VLGCs). The deal covers one firm and one optional 88,000 cu m LPG […]
“Spark30S (Atlantic) freight rates experienced a significant week-on-week drop for the first time in two months, decreasing by $2,750 to $28,350 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on Friday. He said that […]
UK-based LNG giant Shell has completed the previously announced sale of its Nigerian onshore subsidiary SPDC to Renaissance for $2.4 billion. Shell announced the compilation of the deal revealed in January 2024 in a statement […]
NNPC said in a statement that its unit NNPC Gas Marketing, and its unincorporated JV partner, NIPCO Gas, have executed a gas sale and purchase agreement (GSPA) with Ssonic. Under the terms of the agreement, […]
NLNG plans to book three firm 174,000-cbm LNG carriers, according to the sources. “Many” yards are now bidding to build these vessels, the sources said. The sources did not provide further details. LNG Prime invited […]
NNPC said the groundbreaking ceremony for the mini LNG plants will be held in Ajaokuta, Kogi state, on January 30. The five small-scale liquefaction, storage, and distribution projects are Prime LNG, NGML/Gasnexus LNG, Bua LNG, […]
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