Image courtesy of Freeport LNG Toshiba sheds U.S. LNG business at $800 million loss Japanese conglomerate Toshiba Corporation has decided to withdraw from the US LNG business transferring all the outstanding shares of Toshiba America LNG Corporation to a third-party buyer. Sempra Energy, Total in North American LNG partnership San Diego-based Sempra Energy
zoomImage courtesy of LNG Croatia LNG Croatia, the state-owned company that is developing the country’s first LNG facility on the island of Krk, has chosen Golar Power to provide a floating storage and regasification unit (FSRU) for the import project. Golar Power is a 50/50 joint venture formed by LNG
zoomImage courtesy of ECV Energy Capital Vietnam (ECV), a Vietnam-focused company, said it has moved its initial LNG-to-power project location from Bac Lieu to Quang Nam, after consultation with authorities. The company initially signed a memorandum of understanding with the Bac Lieu province to develop a 3000MW LNG-to power project, however, that has now
Illustration only. Image source: Pixabay under CCO Creative Commons license. The price of spot liquefied natural gas contracted during the month of October rose according to the data by the Japanese Ministry of Economy, Trade and Industry (METI). The contract-based price reached $10.7 per mmBtu, up slightly from $10.6 per mmBtu in
zoomImage courtesy of Freeport LNG Global law firm Herbert Smith Freehills said it has advised China’s energy major ENN on its acquisition of Toshiba’s US-based LNG unit. On Thursday, Toshiba said it has decided to withdraw from the US LNG business transferring all the outstanding shares of Toshiba America LNG Corporation to a third-party buyer,
zoomImage courtesy of Tokyo Gas Japanese utility Tokyo Gas signed a memorandum of understanding on mutual cooperation on LNG sourcing and trading with RWE Supply & Trading, the trading arm of the leading European utility RWE AG. RWE is one of the largest energy suppliers in Europe is actively engaging
LNG vessel Pacific Breeze loading first Ichthys LNG cargo (Image courtesy of Inpex) Japan’s Inpex said on Thursday it has shipped three liquefied natural gas (LNG) cargoes from its giant Ichthys project in Australia as it is also preparing to fire up the second liquefaction unit at the export facility
Illustration purposes only (Image courtesy of Nigeria LNG) Liquefied natural gas carrier, LNG River Niger fended off a pirate attack in the Gulf of Guinea, near Nigeria. Bermuda Government’s Department of Marine & Port Services said that the RCC Bermuda received an SSAS (Ship Security Alerting System) from the 141,000-cbm tanker at 2:25
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States slipped back after rising for three consecutive weeks previously. For the week ending November 7, five liquefied natural gas carriers with a total carrying capacity of 18.2 Bcf departed the United States, compared to 7 cargoes in the