Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply

Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas sales into markets such as China and Vietnam while also looking to secure more long-term supply from North America and emerging markets, said a company executive. “As part of our strategic growth plans, Petronas is...

https://www.hellenicshippingnews.com/malaysias-petronas-aims-for-china-vietnam-expansion-while-seeking-long-term-lng-supply/

US natgas prices ease on smaller-than-expected output decline, lower demand forecasts

U.S. natural gas futures eased about 1% on Thursday on a smaller-than-expected decline in output in recent days and forecasts for less gas demand this week than previously expected. Gas futures for June delivery on the New York Mercantile Exchange fell 3.1 cents, or 1.0%, to $3.222 per million...

https://www.hellenicshippingnews.com/us-natgas-prices-ease-on-smaller-than-expected-output-decline-lower-demand-forecasts/

Austrian gas hub records higher trading volumes despite end of Russian flows

Austria’s central gas hub has registered increased trading volumes on its platform this year, overcoming fallout from the halt to Russian gas flows through Ukraine, Chief Executive Gottfried Steiner said. The virtual Central European Gas Hub (CEGH), built around the Baumgarten distribution and...

https://www.hellenicshippingnews.com/austrian-gas-hub-records-higher-trading-volumes-despite-end-of-russian-flows/

Canada: TotalEnergies Signs an Agreement to Export 2 Mtpa of LNG for 20 years from the Ksi Lisims LNG Project

TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 Mtpa of LNG for 20 years from the future liquefaction plant, subject to the final investment decision of the project. In parallel, TotalEnergies acquires a 5% stake in Western LNG, the developer,...

https://www.hellenicshippingnews.com/canada-totalenergies-signs-an-agreement-to-export-2-mtpa-of-lng-for-20-years-from-the-ksi-lisims-lng-project/