Bangladesh has approved a long-term liquefied natural gas (LNG) supply deal with Summit Oil and Shipping, a part of Bangladesh’s conglomerate Summit Group. Summit Power International confirmed the approval by the cabinet committee on economic […]
CNOOC’s Binhai LNG import terminal in Jiangsu (Image: CNOOC Gas & Power) China’s natural gas imports, including pipeline gas and LNG, rose in January-February compared to the same period last year, according to customs data. […]
(Bloomberg) — Spain has asked the European Union to take a tougher stance on Russian liquefied natural gas imports by ensuring that countries can block them without shipments being diverted to neighbors. The country has […]
The energy crisis that engulfed Europe after Western sanctions punished Russia’s invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea […]
India is the world’s fastest-growing economy and its expansion in the final quarter of last year exceeded expectations, according to International Monetary Fund (IMF) executive director Krishnamurthy Subramanian. Indian gross domestic product (GDP) grew 8.4% […]
ContainersMiddle East Folk Maritime A new feeder and short-sea shipping company has been launched in Saudi Arabia to link the kingdom with other key ports in the Red Sea. The Riyadh-based Folk Maritime is headed […]
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LNG terminal operator Deutsche ReGas has kicked off commissioning activities at its FSRU-based LNG import facility in Germany’s port of Mukran. The German firm led by Ingo Wagner and Stephan Knabe on Saturday announced the […]
19 companies have filed bids for nearly 34 billion cubic meters of natural gas in a new joint purchasing tender for multi-year deals, European Commission vice president Maroš Šefčovič said on Thursday (22 February). In […]
Atlantic spot LNG freight rates dropped below $50,000 per day this week, while European and Asian prices also decreased compared to the week before. Last week, charter rates were almost flat after they rose in the […]
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