Monthly Archives: August 2024

India’s Petronet Signs 5-Year LNG Supply Deal with Sri Lanka’s LTL Holdings

Petronet LNG signed deal to supply LNG to Sri Lankan engineering firm LTL Holdings' power plants in Colombo, with a five-year initial supply through its terminal in the south Indian [...]

Excelerate Energy announced new onshore LNG regasification terminal project in Vietnam

The terminal, named Northern Vietnam LNG Terminal, is scheduled to begin operation in 2027 with total import capacity of 1.2 MTPA. Excelerate Energy would hold exclusive rights to supply LNG [...]

Gas shortage in Bangladesh from terminal outage and supplier reluctance for spot LNG

Fuel shortages have shut down several gas and coal-fired units in Bangladesh, driven by the Summit LNG terminal outage and supplier reluctance to provide spot LNG due to political and [...]

Dahej LNG Terminal in India to Increase Capacity

The capacity of Petronet LNG’s Dahej import terminal is being increased from 17.5 MTPA to 22.5 MTPA.  

Karpowership to Invest $1 Billion in LNG-to-Power Project in Mozambique

Karpowership plans a $1 billion investment in LNG-powered electricity infrastructure in Mozambique, providing up to 500 megawatts to the South African Power Pool (SAPP). The project includes a powership and [...]

QatarEnergy to Order 10 Q-Max LNG Carriers from South Korea following a contract of 18 Q-Max vessels from China

QatarEnergy plans to order at least 10 Q-Max LNG carriers from South Korean shipyards. This move follows a $6 billion contract with China's Hudong-Zhonghua Shipbuilding for 18 similar vessels. The [...]

Egyptian LNG imports soar above nameplate capacity in the first month of FSRU’s operation

In July 2024, Egypt resumed LNG imports via a new FSRU, operating above capacity to address gas shortages. Most imports came from the U.S., with additional volumes via Jordan. Egypt [...]

UK’s Dragon LNG terminal changes owner

VTTI bought a 50% stake in the Dragon LNG terminal from Ancala. Shell holds the other half. VTTI is also developing a new Dutch LNG terminal.

ADNOC signs new deal on Ruwais LNG volumes

ADNOC and Osaka Gas have signed a long-term agreement for up to 0.8 mtpa of LNG from Abu Dhabi’s Ruwais LNG plant, starting in 2028. This deal, along with previous [...]

Cheniere signs SPA with Galp for Sabine Pass LNG Stage 5 Expansion

Cheniere Marketing signed a 20-year deal with Galp Trading for 0.5 MMtpa of LNG from the Sabine Pass LNG Stage 5 Expansion, starting in the 2030s. The agreement, linked to [...]