Terminals

The EIA has reported that US LNG exports to Europe will increase while demand in Asia drops.

YPF and Excelerate have reached a preliminary agreement to charter a carrier to transport LNG produced at the Tango FLNG unit.

FERC has authorised Cameron LNG to commence service from Train 1 at its LNG facility.

The first cargo of US LNG under the long-term agreement between PGNiG and Cheniere has arrived in Poland.

GlobalData has reported that China will drive global liquids storage capacity growth by 2023, adding 135 million bbl.

Total has signed a gas supply agreement and a host government agreement for the development of the LNG market in Benin.

To address the increasing number of LNG project applications, FERC is creating a new LNG division and opening a Houston office.

GlobalData reports that India will contribute 35% of Asia and Oceania’s LNG regasification capacity growth in 2023.

Train 1 of the Freeport LNG Liquefaction project has reached the final commissioning stage.

Wood Mackenzie reports that Russia is looking to retain its edge as Europe’s gas market changes.

YPF has awarded McDermott the pre-FEED contract for a 5 million tpy liquefaction facility at the Vaca Muerta shale field in Argentina.

AG&P has received a landmark equity investment from Osaka Gas and JBIC.

Venture Global has secured binding commitments of over US$10 billion for its US$5.8 billion Calcasieu Pass LNG construction financing.

Wood Mackenzie has reported that LNG demand in South and Southeast Asia is to quintuple to 236 million tpy by 2040.

Odfjell Terminals Asia Holding has finalised the sale of its indirect 55% equity interest in Odfjell Terminals (Jiangyin) to Yangzijiang Shipbuilding.