LNG News Highlights - January 6, 2025
Top Stories
HMM Trials Shore Power on LNG-Ready Containership
HMM's 13,000 TEU LNG-ready containership successfully utilized alternative maritime power (AMP) at Gwangyang Port in South Korea, showcasing advances in green port technologies.
(Source: offshore-energy.biz)
JERA Establishes Global Think Tank for Energy Trends
JERA Co., Japan’s largest LNG buyer, has launched the JERA Global Institute, a think tank aimed at enhancing market intelligence and energy trend analysis.
(Source: lngindustry.com)
Baker Hughes to Equip Louisiana LNG Project
Baker Hughes will provide liquefaction equipment for Woodside Energy Group’s Louisiana LNG project, expected to reach its final investment decision (FID) in Q1 2025.
(Source: gasworld.com)
India’s Regulator Proposes Greater Oversight for LNG
India’s Petroleum and Natural Gas Regulatory Board has proposed increased regulation of LNG facilities to address underutilization and improve capacity utilization.
(Source: upstreamonline.com)
Hammerfest LNG Outage Increases European Price Pressure
Equinor’s Hammerfest LNG facility in Norway is offline until January 9, driving European natural gas prices higher and increasing LNG demand.
(Source: naturalgasintel.com)
Market Insights
Record U.S. LNG Exports in 2024
U.S. LNG exports reached new highs last year, supported by strong European demand and new facilities. Growth in 2025 is projected to remain steady despite development delays.Asia's LNG Dynamics
Japan’s creation of the JERA Global Institute signals a strategic move to monitor LNG and energy markets amid global competition.
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