Hanwha Ocean said on Wednesday that it has signed a contract to build one LNG carrier worth 346.6 billion won ($250 million) with its affiliate, Hanwha Philly Shipyard. The vessel is scheduled for delivery by […]
So goes Germany’s economy, so goes the EU. Germany’s GDP contracted 0.2% in 2024, marking back-to-back recessions, with forecasts for zero growth in 2025 due to persistent structural issues and trade tensions. There is a […]
US energy services firm Baker Hughes has secured a long-term service agreement award from UK-based energy giant BP for its Tangguh LNG plant in Papua Barat, Indonesia. According to a statement by Baker Hughes, this […]
Trafigura said this agreement “expects substantial volumes of LNG to be delivered to Kogas over the next decade.” The pricing index will be Henry Hub, the US natural gas benchmark. Are you Paying High Taxes […]
The DOE LNG monthly report shows that US terminals shipped 62.1 Bcf to the Netherlands (15.3 percent), 45.7 Bcf to Germany (11.3 percent), 42.3 Bcf to Italy (10.4 percent), 27.3 Bcf to France (6.7 percent), […]
Nigerian state-owned NNPC has a 49 percent stake in NLNG, UK-based Shell holds 25.6 percent, France’s TotalEnergies has 15 percent, and Italy’s Eni owns 10.4 percent. The Bonny Island liquefaction plant currently has six trains […]
Despite the market headwind, MISC’s gas assets and solutions sub-segment “remained committed to improve operational efficiency and cost containment for existing steam vessels and strengthening its fleet rejuvenation strategy through the deployment of new, modern, […]
Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole […]
Gastrade recently resumed Alexandroupolis FSRU operations following a technical issue in January this year, but the facility is yet to receive its next LNG shipment. The FSRU is currently working at a limited regasification capacity […]
“Global LNG freight rates increased marginally this week, with Spark30S (Atlantic) pricing in at $36,500 per day and Spark25S (Pacific) at $35,000 per day,” Spark’s commercial analyst, Max Glen-Doepel, told LNG Prime on Friday. Last week, […]
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