LNG Prime brings you the five most popular news on our platform during the week of May 6-12, 2024.
1) Japan’s shipping giant NYK said its fleet of operational liquefied natural gas (LNG) carriers rose to 91 vessels by the end of March this year.
2) US LNG exporter Sempra and compatriot engineering and construction firm Bechtel are moving forward with construction on the first phase of the Port Arthur LNG export project in Texas worth about $13 billion.
3) US energy firm ConocoPhillips is looking to sign more LNG offtake deals and to secure additional regasification capacities, as it continues to expand its LNG portfolio, according to its management.
4) Turkey’s Karpowership, part of Karadeniz, and Brazil’s state-owned energy firm Petrobras have signed a memorandum of intent to combine their expertise in the LNG and power sectors.
5) Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, has entered into a deal with infrastructure manager, Ancala, to buy its 50 percent shareholding in the Dragon LNG terminal in the UK.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
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The embargo will come into force in 2025, Finnish Climate Minister Kai Mykkanen says Finland will ban imports of Russian liquefied natural gas (LNG) from next year, Environment and Climate Minister Kai Mykkanen said on […]
Asian spot LNG prices have fallen due to mild weather in Europe and ample inventories, from an average of $30-$35 per million British thermal units (mmBtu) in the December quarter to around $17/mmBtus, A.K. Singh […]
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