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Negotiations Underway for Jamaican LNG Project

Officials with the Jamaican government and the developers of the Jamaican LNG import project said late last week that they are approximately seven months away from finalizing agreements for the planned floating LNG facility. The Jamaica Gleaner also reports that a number of investors have expressed interest in the...

European LNG Headlines

Ukraine to Seek EU Help to Build LNG Import Terminal (Platts LNG Daily) [Subscription required] Siemens, Gazprom Join Forces on LNG Technology (Wall Street Journal) [Subscription...

European LNG Headlines

Spain’s Gas Natural and Iran’s National Oil Co. Announce LNG Proposal for Croatian Coast (Croatian Times) Shell May Assume Iride’s Offtake Position at OLT LNG (Project Finance Magazine) [Subscription...

European LNG Headlines

EU Expresses Concerns with Polish LNG Tender Procedures (The News) Statoil: Snohvit Liquefaction Plant to Be Back Up by Saturday (Platts LNG Daily) [Subscription required]

Zachry Closes on Purchase of Cheniere Freeport LNG Stake

Late last week Zachry Hastings Infrastructure Partners LP announced that it had closed on its purchase of Cheniere Energy Inc.’s 30 percent stake in Freeport LNG. The San Antonio Business Journal provides further...

LNG Industry Working Toward FLNG Vessels

Yesterday the Wall Street Journal published an analysis of the emerging floating LNG (FLNG) vessel concept. The piece notes that floating liquefaction facilities face a number of technical challenges, including the problem of minimizing LNG sloshing, and financial challenges, such as maintaining project profitability in the face of soft global natural gas prices. [Subscription...

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