LNG News Bulletin - December 16, 2024: Global LNG Developments
Top Headlines
Qatar Signs Five-Year LNG Deal with India’s Gail
Qatar will supply LNG to Gail India Ltd. under a new five-year agreement starting in 2025.
(Source: bloomberg.com)
Norwegian Tanker Upgraded for LNG Operations
Utkilen has retrofitted its 2019-built chemical tanker Mostraum to operate on LNG, advancing sustainability in shipping.
(Source: offshore-energy.biz)
Venture Global Begins LNG Production at Plaquemines Plant
Venture Global LNG has started production at its Plaquemines facility in Louisiana, marking a milestone for U.S. LNG exports.
(Source: bloomberg.com)
UAE’s Adnoc Signs 15-Year LNG Deal with Germany’s EnBW
Adnoc has secured a long-term LNG supply contract with EnBW, further strengthening its export portfolio.
(Source: bloomberg.com)
Matson’s LNG-Converted Containership Returns to Service
Matson’s Kaimana Hila has re-entered service following its LNG conversion, supporting decarbonization goals in maritime shipping.
(Source: maritime-executive.com)
LNG Market Insights
The global LNG market is poised for expansion, with significant contracts and milestones shaping the energy landscape. Key highlights include Qatar's strategic partnership with India, the UAE's efforts to solidify its European footprint, and advancements in LNG shipping technology. Meanwhile, the U.S. continues to expand its LNG export capacity, driven by projects like Venture Global's Plaquemines plant.
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