LNG storage news

JERA Co., Inc. has announced the signing of its first long-term LNG Sale and Purchase Agreement (SPA) to supply LNG outside Japan, with Torrent Power Ltd.

Fluor, with its Joint Venture partner JGC Corp., has completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada’s first LNG mega-project in Kitimat, British Columbia.

Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.

Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes have announced a strategic alliance to advance the Alaska LNG Project, US.

Baker Hughes has announced an award from Bechtel Energy Inc. to supply primary liquefaction equipment for Train 5 of NextDecade’s Rio Grande LNG Facility in the Port of Brownsville, Texas, US.

Kinetics, a Karpowership initiative, has announced the completion of a US$400 million 4-year senior secured bond issuance, marking an important milestone in its financial strategy and long-term growth.

Europe’s construction of LNG import terminals is losing momentum, indicating that countries across the continent overestimated future gas demand, the IEEFA has reported.

Companies operating in Brazil have expanded the country’s LNG regasification infrastructure since 2020, more than doubling its import capacity, the EIA has reported.

Burckhardt Compression has delivered a turnkey compression solution for a manufacturer of engineered cryogenic gas processing equipment and small scale LNG and industrial gas plants in Nicaragua and the Bahamas.

The British Columbia Utilities Commission has approved FortisBC Energy Inc.’s application for the Tilbury LNG storage expansion project, Canada.