In a significant development for the energy sector, Woodside has finalized a Sales and Purchase Agreement (SPA) with Pilgangoora Operations Pty Ltd, a wholly-owned subsidiary of Pilbara Minerals. The deal, set to commence in Q4 of 2024, spans five years and entails the supply of an average volume of 3.4 terajoules/day of Domestic LNG from […]
In a significant move shaping the global energy landscape, Woodside has inked a sales and purchase agreement (SPA) with Mexico Pacific Limited. This monumental 20-year contract involves the purchase of 1.3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG), equating to roughly 18 cargoes annually. This agreement aligns with Woodside’s strategic objective to […]
Container Corporation of India Limited (CONCOR) and Indraprastha Gas Limited (IGL) have entered into a Memorandum of Understanding (MoU) to explore the possibility of establishing LNG/LCNG infrastructure within CONCOR terminals. This strategic partnership is a significant move to revolutionize the logistics sector by replacing diesel with natural gas, emphasizing both companies’ commitment to reducing carbon […]
The Government of the State of Chihuahua and Mexico Pacific have entered into a strategic collaboration agreement, marking a significant development in energy infrastructure and economic growth in the region. This partnership will facilitate the construction and operation of the Sierra Madre Pipeline Project, a critical component of Mexico Pacific’s broader LNG project. Sierra Madre […]
In a significant move within the shipping industry, Capital Product Partners L.P. (NASDAQ: CPLP) has announced a substantial acquisition. The company has entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP L.L.C. for the purchase of 11 newbuild LNG carriers, totaling a remarkable $3.13 billion. Details of the Acquisition The […]
In a significant move for the natural gas sector, Excelerate Energy, Inc. has inked a 15-year sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation, known as Petrobangla. Starting January 2026, this deal will see the delivery of up to 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG) […]
In a pivotal agreement poised to bolster the LNG industry, QatarEnergy has inked a partnership accord with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. The deal, signed in Shanghai by QatarEnergy’s Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, and Sinopec’s Chairman, Dr. MA Yong-sheng, entails QatarEnergy divesting a […]
In a noteworthy development for India’s commercial vehicle sector, Ashok Leyland, the flagship company of the Hinduja Group, has begun the delivery of the AVTR 1922, India’s first LNG-powered haulage truck, to Mahanagar Gas Limited in Hosur. This move marks Ashok Leyland as the pioneer OEM in India to offer an in-house LNG engine compliant […]
TotalEnergies has amended its existing partnership with Oman LNG, ensuring the French multinational energy company will maintain its 5.54% stake in the Omani enterprise. The northeast coast of Oman is home to the Oman LNG liquefaction complex, equipped with two trains boasting a combined annual production capacity of 7.6 million metric tons (Mtpa) of liquefied […]
In a strategic move to bolster the liquefied natural gas (LNG) supply chain, Cheniere Energy, Inc., through its subsidiary Cheniere Marketing, LLC, has cemented a significant long-term agreement with Foran Energy Group Co. Ltd. This sale and purchase agreement (SPA) ensures the supply of approximately 0.9 million tonnes per annum (mtpa) of LNG over two […]