Daily LNG News: Summary and Analysis for June 14, 2024
Daily LNG News: Summary and Analysis for June 14, 2024
LNG Freight Rates, European Prices Climb
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices have increased this week compared to the previous week. This rise reflects the current market dynamics and the growing demand for LNG in Europe.
Aramco and NextDecade Announce Heads of Agreement for Offtake of LNG from Rio Grande LNG Facility
Aramco and NextDecade Corp. have announced a non-binding heads of agreement for a 20-year LNG sale and purchase agreement from Train 4 at the Rio Grande LNG facility at the Port of Brownsville, Texas. This agreement underscores Aramco's commitment to expanding its LNG portfolio.
Samsung Heavy to Sue Russia's Zvezda Over LNG Carrier Contract Termination
South Korean shipbuilding giant Samsung Heavy Industries announced plans to sue Russian shipbuilder Zvezda following the termination of contracts for 10 ice-class Arc7 LNG carriers. This legal dispute highlights the challenges in international LNG shipping agreements.
US Weekly LNG Exports Reach 25 Shipments
US liquefied natural gas (LNG) exports reached 25 shipments in the week ending June 12, with pipeline deliveries to US terminals decreasing compared to the previous week, according to the Energy Information Administration. This data reflects the robust activity in the US LNG export market.
Peru LNG Boosts Truck Loading Capacity
LNG terminal operator Peru LNG has increased the truck loading capacity at its 4.4 mtpa liquefaction and export plant at Pampa Melchorita. This expansion will enhance the distribution capabilities of Peru LNG, meeting growing regional demand.
Offtakers Net Regulatory Win in Venture Global Dispute
US regulators have issued an order requiring Venture Global to disclose long-sought information about the status of the Calcasieu Pass LNG terminal. This regulatory decision is a significant win for offtakers seeking transparency and accountability.
Venture Global Lines Up US LNG Supply to Ukraine
Venture Global has secured a deal to supply US LNG directly to Ukraine, marking the first direct purchase of US LNG by Ukraine. This agreement is pivotal for Ukraine's energy security, despite concerns about delivery timelines.
First Gen Awards Contract to Tokyo Gas
First Gen Corp. has awarded a contract to Tokyo Gas for the delivery of one LNG cargo, scheduled for July 2024. This contract strengthens the LNG supply chain between Japan and the Philippines.
Job Opportunities in the LNG Industry
LNG Project Engineer - United States
LNG Plant Operations Manager - Qatar
LNG Logistics and Distribution Specialist - Germany
Energy and Environmental Consultant - Mexico
LNG Process Engineer - Nigeria
Energy Market Analyst - Japan
LNG Business Development Manager - Brazil
LNG Plant Maintenance Supervisor - Australia
LNG Ship Design and Construction Engineer - South Korea
LNG Regulatory Compliance Coordinator - United Kingdom
📩 For more details and to apply for these positions, please send a direct message to our LinkedIn page.
Stay informed with the latest updates and analysis on the LNG industry. Follow us for more news, insights, and job opportunities.
#LNG #Energy #CleanEnergy #GlobalMarkets #JobOpportunities #Sustainability #EnergySecurity #IndustryNews