Malaysian state-owned oil and gas company Petronas and U.S. LNG export project developer Venture Global have signed a new 20-year sales and purchase agreement for one million tonnes per annum (MTPA) of LNG from the Plaquemines LNG facility. Courtesy of Venture Global LNG Venture Global specifically signed the deal with
Germany’s government has taken another important step to reduce dependence on Russian energy imports by agreeing on a formulation of the draft law on the acceleration of the use of LNG. Illustration only; Courtesy of Uniper The Federal Ministry of Economics and Climate Protection (BMWK) in cooperation with the Federal
Norway’s hydrogen bunkering specialist HYON has entered into a collaboration agreement with Japanese trading and investment company Mitsui, setting the stage for large-scale development of hydrogen fueling solutions, starting with a joint feasibility study in the second half of 2022. Courtesy of HYON Together, the parties aim to venture into
U.S. LNG export project developer Venture Global has signed two new long-term sales and purchase agreements (SPAs) with a unit of ExxonMobil for the sale of 2 MTPA of LNG. Courtesy of Venture Global LNG Calcasieu Pass, Venture Global’s first facility, started producing LNG in January 2022. The company is also developing
French shipping and logistics major CMA CGM Group has made a step forward towards its net-zero carbon 2050 goal as it joined the Jupiter 1000 power-to-gas industrial pilot. Courtesy of CMA CGM Located in Fos-sur-Mer, Jupiter 1000 aims to produce green hydrogen from renewable power and also e-methane, a synthetic
French LNG containment specialist GTT has received the tank design order for a new LNG carrier from the Korean shipyard Hyundai Samho Heavy Industries. Illustration; Courtesy of Hyundai Samho Heavy Industries The shipyard is building the LNGC for an undisclosed Asian shipowner. GTT will design the tanks of this new
The Port of Rotterdam says it can, with companies, supply Northwestern Europe with 4.6 million tonnes of hydrogen annually by 2030. European commissioner Frans Timmermans and Allard Castelein, CEO of the Port of Rotterdam Authority; Courtesy of Port of Rotterdam The consumption of 4.6 million tonnes of hydrogen allows for
Rystad Energy foresees the LNG crisis making landfall in winter 2022 for European countries dealing with energy insecurity due to Russia’s invasion of Ukraine. Illustration only; Courtesy of Klaipedos Nafta This will take place as demand outstrips supply by the end of 2022, Rystad Energy research shows. Although the crisis
European Commission, Hydrogen Europe, and relevant companies signed a joint declaration to set out a strategy to double the previous EU renewable hydrogen target to 10 million tonnes of annual domestic production and an additional 10 million tons of annual hydrogen imports. Photo with all participants from the European Electrolyser
Dutch gas infrastructure firm Gasunie has chartered the second FSRU for the LNG import terminal at Eemshaven, this time from the U.S. gas-to-power developer New Fortress Energy. Illustration only; Courtesy of NFE Gasunie signed a binding contract for the lease of a floating LNG installation (FSRU) from New Fortress Energy.