Latest news and articles about lng from NEX English
For the first time since the Iran War, an LNG shipment has successfully crossed the Strait of Hormuz. This historic event underscores the strait's significance as a vital maritime corridor connecting the Gulf states to the global market.
India has experienced a significant decline in liquefied natural gas (LNG) consumption, dropping by <strong>13%</strong> in March. This shift prompts the government to explore alternatives such as biogas and solar energy to bolster energy supplies amid rising global prices.
Two liquefied petroleum gas carriers, 'PW Elm' and 'PW Teer', have crossed the Strait of Hormuz heading to India amidst rising tensions due to the US-Israeli war on Iran. This move comes as India faces a severe gas crisis.
Edison announced that QatarEnergy has extended the force majeure period on LNG shipments until mid-June, confirming no expected impact on customers.
Australian company Santos announced the temporary closure of the Darwin LNG plant, halting exports from a recently resumed supply chain. This decision comes at a sensitive time as markets face pressure due to ongoing conflicts in the Middle East.