LNG News Highlights and Global Prices – January 27, 2025
Top Stories
Argent LNG Secures Historic Supply Deal with Petrobangla
Argent LNG has signed a transformative agreement to supply 5 million tonnes per year (Mt/y) of LNG to Petrobangla in Bangladesh, strengthening ties between the US and Bangladesh in natural gas trade.
(Source: naturalgasintel.com)
Bangladesh Signs HOA with Argent LLC
The Government of Bangladesh has signed a heads of agreement with Argent LLC to purchase up to 5 Mt/y of LNG, marking a significant step in its energy strategy.
(Source: lngindustry.com)
JERA and ADNOC Ink $450 Million LNG Supply Deal
JERA Global Markets and ADNOC Gas have finalized a multi-year LNG supply agreement valued at $450 million, solidifying their partnership in global LNG trade.
(Sources: lngindustry.com, offshore-energy.biz)
Industry Updates
CIMC SOE Delivers Final LNG Bunker Vessel to Seaspan
China’s CIMC SOE has delivered the last of three 7,600 cbm LNG bunker vessels to Seaspan, showcasing advanced shipbuilding capabilities.
(Source: offshore-energy.biz)
MOL Launches Third LNG-Fueled Ferry
The Sunflower Kamuy, MOL’s latest LNG-fueled ferry, has officially entered service, advancing eco-friendly maritime transport.
(Source: offshore-energy.biz)
Former Golden Pass LNG Contractor Set to Exit Bankruptcy
The Texas contractor for the Golden Pass LNG project, a joint venture between QatarEnergy and ExxonMobil, aims to emerge from Chapter 11 bankruptcy by the end of March.
(Source: reuters.com)
Market Insights
LNG Deals Strengthen UAE and Japan’s Partnership
JERA and ADNOC Gas’s new LNG deal highlights the UAE’s growing influence in global LNG markets.
(Source: lngindustry.com)Coatzacoalcos LNG Project Promises Economic Growth in Mexico
Mexico’s Coatzacoalcos LNG Project could boost national gas consumption and industrial expansion, according to its developer.
(Source: naturalgasintel.com)Global LNG Bunker Vessel Capacity Expands
With CIMC SOE’s delivery of Seaspan’s final LNG bunker vessel, the maritime industry sees enhanced capabilities for cleaner fuel logistics.
(Source: offshore-energy.biz)
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