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HomeLNG

LNG

LNG
Finance

Atlantic and Pacific LNG shipping rates up, European prices jump

August 9, 2024 Mariel Alumit

Last week, Pacific rates experienced a $2,500 increase and Atlantic rates decreased. “Spark30s Atlantic rates experienced a week-on-week increase for the first time in a month, rising by $1,500 to $75,250 per day,” Qasim Afghan, Spark’s commercial analyst […]

LNG
LNG

Pilot, GFI plan to build small-scale LNG terminal in Mexico

August 8, 2024 Stu Turley

The Salina Cruz LNG JV will develop, construct, and operate an LNG bunkering andtransshipment terminal. At full build-out, the facility is anticipated to produce 600,000 gallons of LNG per day, or roughly 0.34 million metric […]

Golden Pass
LNG

Golden Pass LNG releases construction update

August 8, 2024 Mariel Alumit

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

Excelerate
Imports

Excelerate to develop LNG import terminals in Alaska and Vietnam

August 8, 2024 Mariel Alumit

In May, Excelerate has revealed a list of 12 prioritized regasification projects saying that a number of these projects will require new FSRUs. Excelerate said 10 of the projects have a price tag between $50 […]

Cheniere
Earnings

Cheniere reports lower Q2 revenue

August 8, 2024 Mariel Alumit

The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Thursday its revenue reached $3.25 billion in the second quarter. This compares to $4.1 billion in the second quarter last year and […]

NextDecade
Lawfare

NextDecade: Rio Grande LNG construction continues despite court ruling

August 7, 2024 Mariel Alumit

The US Court of Appeals for the D.C. Circuit on Tuesday issued an order vacating the Federal Energy Regulatory Commission’s remand authorization of NextDecade’s Rio Grande LNG facility on the grounds that the FERC should […]

DET
Imports

Germany’s DET gets 100th LNG cargo

August 7, 2024 Mariel Alumit

State-owned German LNG terminal operator DET has received in total of 100 LNG cargoes at its two FSRU-based LNG terminals in Wilhelmshaven and Brunsbüttel. DET announced the milestone cargo in an emailed statement sent to […]

China’s gas imports
Imports

China’s gas imports up in July

August 7, 2024 Mariel Alumit

Natural gas imports during the last month reached about 10.86 million tonnes, rising 5.3 percent compared to 10.30 million tonnes in July 2023, the data from the General Administration of Customs shows. China paid about […]

Aramco
Big Oil Companies

Aramco CEO: LNG is ‘on our radar screen’

August 7, 2024 Mariel Alumit

“LNG is on our radar screen. We are making big investments globally in LNG,” Nasser said on Tuesday during Aramco’s H1 results call. Saudi Arabia’s Aramco made its first international investment in LNG last year […]

LNG
Lawfare

Court pulls permit for NextDecade’s US LNG export terminal

August 7, 2024 Mariel Alumit

A ruling by the D.C. Circuit Court has revoked NextDecade’s permit issued by the Federal Energy Regulatory Commission (FERC) for its Rio Grande LNG export terminal in Texas. In a case put in front of […]

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