LNG News Highlights - January 10, 2025
Top Stories
DNV: LNG Dominated Alternative-Fuel Ship Orderbook in 'Exceptional Newbuilding' Year
2024 marked a record-breaking year for LNG-fueled ship deliveries, leading the alternative-fuel orderbook, according to DNV’s AFI platform.
(Source: offshore-energy.biz)
Wave of New LNG Supply Sparks Surplus Concerns
Analysts predict a shift from tight LNG markets in the early 2020s to a surplus in the latter half of the decade, driven by a wave of new supply projects.
(Source: oilprice.com)
India Welcomes First LNG Cargo at New Import Terminal
Hindustan Petroleum Corporation Limited (HPCL) has achieved a significant milestone with its first LNG cargo, advancing India's goal to increase natural gas consumption.
(Source: oilprice.com)
Samsung Heavy Industries Contracts TMC Compressors for 15 LNG Carriers
TMC Compressors will supply complete marine compressed air systems for Samsung Heavy Industries' 15 new LNG carriers.
(Source: lngindustry.com)
Market Insights
LNG Price Rally May Trigger Gas-to-Oil Switching in Asia
High LNG prices in Asia are pushing energy consumers toward oil as a more cost-effective option.European Gas Prices Ease Amid Strong LNG Flows
Warmer weather and robust LNG imports, with the U.S. accounting for over 60%, are stabilizing European gas prices.
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Training and Certifications
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