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A service for energy industry researchers · Thursday, July 7, 2022 · 580,195,022 Articles · 3+ Million Readers
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LNG Storage News Monitoring

  • Published on 12:35 GMT

    Afreximbank signs project financing terms with UTM for Floating Liquefied Natural Gas project in Nigeria

    African Export-Import Bank (Afreximbank) has announced the execution of a project preparation facility financing head of terms with UTM Offshore Limited (UTM), under which the Bank will part-finance activities designed to progress a Floating Liquefied …

    Source: Tribune Online - Uncategorized
  • Published on 08:58 GMT

    Natural Gas: Sweltering America Can’t Burn Enough Of Freeport’s Idled LNG

    The average American is cranking the air conditioner up more than ever since summer began, and the next ten days are forecast to be sweltering. Yet, it might not be enough to prevent another selloff in natural gas before the end of the week as outsize …

    Source: Investing - Uncategorized
  • Published on 03:44 GMT

    NEPC okays extra LNG purchase

    The National Energy Policy Council (NEPC) has approved a plan to buy an additional 1 million tonnes of liquefied natural gas (LNG) per year under a long-term purchase contract to relieve LNG price fluctuations, which affect national electricity generation …

    Source: Bangkok Post - Neutral
  • Published on 08:52 GMT

    NFE Sells Stake in its Fleet to Raise $1.1 Billion for Novel LNG Plans

    The JV with Apollo will free up funds to invest in NFE's "Fast LNG" offshore liquefaction project (NFE) Published Jul 6, 2022 9:00 PM by The Maritime Executive On Tuesday, New Fortress Energy announced that it has reached an agreement to sell …

    Source: The Maritime Executive - Uncategorized
  • Published on 09:10 GMT

    Europe’s gas storage reaches 60% as non-Russian deliveries accelerate

    Natural gas storage tanks in Europe were just shy of 60% full on July 4 as non-Russian supplies of gas appear to have surged in the last weeks. The race is to collect enough gas so that the storage tanks are 80% full by October 1 that will ensure Europe’s …

    Source: BNE Intellinews - Neutral
  • Published on Jul 6, 2022

    Snam Acquires Floating LNG Unit to Strengthen Italy Energy Security

    By Giulia Petroni Snam SpA said Wednesday that it has agreed to acquire a floating storage and regasification unit from Norway-based shipping conglomerate BW Group to strengthen Italy's security and diversification of supply. The Italian gas network …

    Source: MarketWatch - Neutral
  • Published on Jul 6, 2022

    EIA expected to report 73 Bcf build into weekly natural gas storage: survey

    Highlights 73 Bcf build would reduce deficit to 11.7% Fundamentals looser for in-progress week The US Energy Information Administration is expected to report another above-average weekly injection to US natural gas storage for the week ended July 1, …

    Source: S&P Global - Neutral
  • Published on Jul 5, 2022

    Column: Europe forced to pay even higher prices to fill gas storage

    Tanks containing natural gas are seen at a storage facility of Erdgas Ostschweiz AG company in Schlieren, Switzerland March 5, 2022. Picture taken with a drone. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com …

    Source: Reuters - Neutral
  • Published on Jul 6, 2022

    New Fortress to offload LNG infrastructure to new JV for $2bn

    New Fortress Energy (NFE) has agreed to divest 11 liquefied natural gas (LNG) infrastructure vessels to a new joint venture (JV), set up with Apollo Global Management, in a $2bn deal. With a stake of around 80%, the JV is majority-owned by funds managed by …

    Source: Ship Technology - Neutral
  • Published on Jul 5, 2022

    New Fortress Energy to sell LNG infrastructure for $2 billion to JV

    Register now for FREE unlimited access to Reuters.com Register July 5 (Reuters) - New Fortress Energy Inc (NFE.O) said on Tuesday it formed a new liquefied natural gas (LNG) joint venture with buyout firm Apollo Global Management Inc (APO.N) and sold 11 …

    Source: Reuters - Neutral
  • Published on Jul 6, 2022

    Apollo to set up JV with New Fortress Energy to buy latter’s LNG infrastructure vessels portfolio for $2bn

    Global buyout giant Apollo has agreed to set up a joint venture with New Fortress Energy to acquire 11 LNG infrastructure vessels from NFE for $2bn. Apollo will own 80% of the joint venture. Never miss a story – click to sign up to AltAssets’ free daily PE …

    Source: AltAssets - Neutral
  • Published on Jul 6, 2022

    Shell on board for QatarEnergy’s North Field LNG mega-project

    European supermajor Shell has picked up a key stake in Qatar’s huge North Field East (NFE) liquefied natural gas scheme. Shell said on Tuesday that QatarEnergy selected it as a partner in the project and added: “Shell will hold a 25% share in a joint …

    Source: Upstream - Neutral
  • Published on 11:35 GMT

    FLNG Market in Middle East to observe high growth through 2027

    Jul 07, 2022 (Market Insight Reports) -- Middle East FLNG market trends are steered toward clean energy adoption, aided by the steadily augmenting fuel consumption in the region. The ongoing emphasis on decreasing carbon footprint, alongside the fast-paced …

    Source: Tradingcharts - Neutral
  • Published on 10:53 GMT

    Which EU countries have been cut off from Russian gas?

    The European Union is on the edge of an energy precipice. Russia, the bloc's leading provider of fossil fuels, is waging a brutal war against Ukraine with no apparent end in sight. As Western nations slap the country with an ever-increasing number of …

    Source: Euronews - Neutral
  • Published on 06:25 GMT

    $400 million: Snam snaps up second FSRU to help Italy’s energy security

    Italy’s Snam has struck a deal with BW LNG to acquire for around $400 million 100% of the share capital of FSRU 1 which, on closing, will own the floating storage and regasification unit (FSRU) BW Singapore as its sole asset. The 2015-built BW Singapore …

    Source: Upstream - Neutral
  • Published on 11:51 GMT

    Georgia Trend Daily – July 7, 2022

    July 7, 2022 The Center Square T.A. DeFeo reports that the number of tourists to Georgia continued to rise even amid the COVID-19 pandemic, a positive story that state officials seem reluctant to tell. However, the size of the increase is difficult to …

    Source: Georgia Trend - Neutral
  • Published on 06:00 GMT

    Ionada completes Onboard Carbon Capture Feasibility Study

    Ionada completed an onboard carbon capture feasibility study for LNG Carriers HAMBURG, GERMANY, July 7, 2022 /⁨EINPresswire.com⁩/ -- Ionada GmbH completes detailed onboard carbon capture feasibility study for LNG Carriers. The feasibility study …

    Distribution channels: Business & Economy, Environment ...
  • Published on Jul 6, 2022

    Natural Gas, Nuclear Go Green In The EU

    Euro-deputies take part in a vote on the revision of the EU emissions trading system at the European ... [+] Union Parliament in Brussels on June 22, 2022. (Photo by JOHN THYS / AFP) (Photo by JOHN THYS/AFP via Getty Images) AFP via Getty Images In …

    Source: Forbes - Neutral
  • Published on Jul 5, 2022

    Greece’s Hunt for Red Gas Replacement: LNG, Lowering Thermostats

    ATHENS – Worry that Russian gas – exempted from European Union sanctions over the invasion of Ukraine – will be cut off this winter has Greece putting together a contingency plan counting Liquefied Natural Gas (LNG) and turning down the thermostat in …

    Source: The National Herald - Neutral

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