Gulf Coast states exporting LNG drove US natural gas demand growth
US natural gas demand increased by 43% from 2012 to 2022.
Terminals
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INEOS Energy charters two LNG carriers
INEOS Energy Trading has signed agreements with Mitsui O.S.K. Lines (MOL) for two new-build LNG carriers, to be used for the import of LNG into Germany from the US.
SPEC LNG terminal receives LNG delivery
A total of three LNG shipments will arrive at SPEC LNG’s regasification terminal as part of the support scheme for the generation of electricity in Colombia.
Wärtsilä to extend regasification capacity for Croatian LNG terminal
Wärtsilä has been contracted to extend the capacity of the regasification system installed onboard the LNG Croatia. The FSRU acts as the company’s LNG terminal on Krk island.
Global trade in LNG increased by 5% in 2022
In 2022, global trade in LNG increased by 2.6 billion cubic feet per day, or 5% compared with 2021, and averaged 51.7 billion cubic feet per day, according to data from CEDIGAZ.
TotalEnergies strengthens its position in LNG
TotalEnergies has signed a framework agreement with NextDecade to participate in the development of the Rio Grande LNG (RGLNG) project.
Iberdrola, ACE Terminal and Hynetwork Services to develop European green hydrogen maritime corridor
New agreements between Iberdrola, ACE Terminal and Hynetwork Services have been signed in a bid to decarbonise the logistics chain in northern Europe.
China to lead LNG regasification pipeline capacity additions in Asia
China is set to dominate the LNG regasification capacity additions in Asia, contributing approximately 34% of the region’s capacity additions by 2027, according to GlobalData.
EnBW, VNG and JERA ink MoU
EnBW, VNG and JERA have announced plans for a feasibility study for an ammonia cracker demonstration plant in Rostock, Germany.
DNV: energy industry boosting investment in cybersecurity
New research by DNV has revealed that the energy industry is boosting its cybersecurity spending, as heightened geopolitical tensions and the accelerating adoption of digitally-connected infrastructure have sparked concerns over the sector’s vulnerabilities.
API: natural gas essential for global energy needs
Following the G7 summit in Japan, and ahead of the G20, COP28 and other international events, a coalition of organisations from across the global natural gas industry released a joint statement.
BP and PetroChina International London underwrite Gate’s capacity expansion.
BP and PetroChina have agreed to acquire 2 billion m3/yr of regasification and storage capacity at Gate terminal.
Singapore receives its first SGE methodology-certified LNG cargo
Pavilion Energy has welcomed its first delivery of the Statement of Greenhouse Gas Emissions (SGE) methodology-certified LNG cargo in Singapore.
Vopak enters binding agreement to divest its Savannah terminal
Royal Vopak has entered into a binding agreement to sell its terminal in Savannah, US, to BWC Terminals, a US-based bulk liquids storage company.
LNG bunkering and small-scale LNG distribution in Panama closer to reality
C. B. Fenton and Kanfer Shipping signed a Memorandum of Understanding (MoU) in December 2022 with the purpose of establishing an LNG bunkering hub and small-scale LNG distribution in Panama.