Samsung Heavy said on Monday that it will build the LNG carriers for unidentified owners in Oceania. Under the first order, Samsung Heavy will build four LNG carriers for 1.43 trillion won ($1.04 billion), or […]
How Far Will They Go to Enforce Net Zero? Governments are pushing harder than ever to enforce Net Zero, but what does that really mean for households, businesses, and the global economy? From court rulings […]
The country imported 2.95 billion cubic meters, or about 2.2 million metric tonnes of LNG in July, via long-term contracts and spot purchases. July LNG imports were similar to those of the previous month, when they reached 3 […]
Ukraine’s Special Operations Forces have struck the Russian port of Olya in the Astrakhan region, destroying a vessel loaded with components for Iranian-made Shahed drones and ammunition. The attack, carried out on August 14 in […]
Under the agreement, Devon will supply 50,000 (MMBtu) per day of natural gas to Centrica’s trading arm, Centrica Energy, over a 10‑year term starting in 2028, according to a Centrica statement. The firm said this is […]
“Global LNG freight rates have remained relatively steady this week, with Spark30S (Atlantic) pricing in at $36,000 per day and Spark25S (Pacific) at $33,250 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on […]
Venture Global recently took FID on the first phase of its CP2 LNG project. First LNG from this phase is expected in late 2027. The company also closed the $15.1 billion project financing, claiming that […]
Golar revealed this in its second-quarter results report on Thursday. The company said it had increased its focus on securing “attractive” FLNG growth units, following 20-year charter deals in Argentina for FLNG Hilli Episeyo and […]
Origin said in its full-year report that this was partially offset by lower realized LNG prices and the reduction in revenue following completion of the price review with China’s Sinopec effective from January 2025, as […]
Norwegian shipleasing specialist Ocean Yield and KKR-managed vehicles have agreed to acquire CapeOmega Gas Transportation from private equity firm Partners Group, expanding their exposure to the LNG sector. CapeOmega holds joint ownership in a fleet […]
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