Imports
Europe Stocks Up On LNG Ahead of Winter
The rare October jump in LNG imports was largely due to buyers stocking up on the fuel at steady prices at the end of the summer. Once again at the mercy of the winter weather, […]
LNG
International News
Peru LNG expects to load 57 cargoes this year
US-based Hunt operates the LNG plant with a 35 percent stake. The spokesman said the LNG plant loaded 45 LNG cargoes so far this year. Peru LNG revised its previous target for 2024 by three […]
Exports
Aramco working on further LNG expansion
Saudi Arabia’s Aramco made its first international investment in LNG last year to capitalize on rising LNG demand. In September 2023, Aramco agreed to buy a minority stake in MidOcean Energy, the LNG unit of US-based energy […]
Imports
UAE’s Adnoc, Germany’s SEFE finalize Ruwais LNG supply deal
According to Adnoc, the SPA converts the previous heads of agreement between Adnoc and SEFE announced in March into a definitive agreement. Under the 15-year deal, Adnoc will supply 1 million tonnes per annum of […]
LNG
QatarEnergy to sign charter deals for six QC-Max LNG carriers
Last month, QatarEnergy ordered six additional 271,000-cbm LNG carriers from CSSC’s Hudong-Zhonghua for about $2 billion, boosting the total to 24 QC-Max LNG carriers. Hudong-Zhonghua will build the ships and deliver them between 2028 and […]
LNG
Disney’s second LNG-powered newbuild on way to Florida
Disney Cruise Line’s second LNG-powered cruise vessel, Disney Treasure, embarked on its transatlantic journey from Eemshaven, Netherlands to its home in Port Canaveral, Florida. The trip is expected to take about two weeks to complete. […]
LNG
GTT bags services contract from Maran Tankers for LNG-powered vessels
Last year, Maran Tankers ordered eight LNG dual-fuel vessels at China’s New Times. Although the future Suezmax vessels will not be equipped with GTT systems, Maran Tankers has chosen to collaborate with GTT due to […]
LNG
US sanctions four LNG carrier owners
The Department of State said in a statement on Wednesday that it continues to designate entities involved in the development of Russia’s future energy production and export capacity. The Department is designating one company involved […]
LNG
Samsung Heavy scores LNG carrier order
Samsung Heavy said on Thursday that it will build the LNG carrier for an unidentified owner in Asia. The shipbuilder will deliver the LNG carrier by June 2027. The order has a price tag of […]
LNG
Shell’s Q3 profit reaches $6 billion, LNG sales up
The UK-based firm said its adjusted earnings reached $6.03 billion in the third quarter, down 3.1 compared to $6.22 billion in the comparable quarter last year. Adjusted earnings dropped 4 percent compared to $6.29 billion in the […]