regasification

Finland's LNG import terminal fully booked for Q2 and Q3

Finland’s floating storage and regasification unit is fully booked for liquefied natural gas imports in the second and third quarters this year.

Philippines' First Gen seeks one LNG cargo for FSRU commissioning in Sept

Philippine power producer First Gen Corp will issue a tender probably in the next two weeks for one LNG cargo for delivery in September.

GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal

GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.

Asian spot LNG prices continue to decrease

Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.

Germany LNG import bill to eclipse $10 B

Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.

Germany's natural gas imports bill more than doubled in 2022

Germany's natural gas import costs more than doubled in 2022 despite volumes being slashed by 30%.

Japan to emphasize natural gas/LNG and clean fuels at G7 summit

Japan plans to emphasize the importance of investments in natural gas, LNG and cleaner fuels at the G7 summit later this year.

Enagas purchases gas pipeline network from Reganosa

Spanish grid operator Enagas has bought a 130-km gas pipeline network from energy firm Reganosa while selling the latter a 25% stake in its El Musel regasification plant in northern Spain.

WFW advises Hoegh LNG on refinancing options for German FSRUs

Watson Farley & Williams advised Höegh LNG on the refinancing of the Höegh Esperanza and Höegh Gannet FSRUs that will service Germany’s new FLNG terminals in the North Sea ports of Wilhelmshaven, Lower Saxony and Brunsbüttel, Schleswig-Holstein.

Asian LNG spot prices fall to lowest level since July 2021

Asian spot LNG prices eased this week, extending declines to its lowest since July 2021, as demand from key buyers in northeast Asia remain weak.

Greece's Gastrade sees decision on second LNG terminal this year

Gastrade said it expects to take a final investment decision on developing a second gas floating storage and regasification unit off the country's northern port of Alexandroupolis by the end of the year.

Number of ships loading LNG in Spain doubled in 2022

The number of ships loading LNG in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine.