Chevron Reports “Extensive Damage” at Major LNG Project
Chevron’s Wheatstone LNG plant offshore Australia has suffered “extensive damage” from a cyclone that recently passed through Australia.…
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Qatar Energy declares force majeure on LNG contracts following Iranian missile attack on Ras Laffan facility, impacting South Korea, Italy, Belgium, and China as production capacity significantly reduced
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Qatar Declares Force Majeure on Some LNG Supplies, South Korea Affected (Update)
Qatar Energy declares force majeure on LNG contracts following Iranian missile attack on Ras Laffan facility, impacting South Korea, Italy, Belgium, and China as production capacity significantly reduced
South Korea maintains 208-day oil and petroleum product reserves amid Strait of Hormuz tensions, with government officials emphasizing preparedness for prolonged Middle East instability while advising vessels to avoid the strategic waterway as Iranian military issues blockade warnings despite no physical closure.
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POSCO International Weighs Participation in US Alaska LNG Project—Eyes Annual Supply of 1 Million Tons
POSCO International is considering joining the US Alaska LNG project after signing a non-binding agreement with Glennfarne for a potential 20-year, 1 million ton annual LNG supply.
Korea Gas Corporation (KOGAS) has signed a 10-year LNG supply contract with Korea Southern Power, securing annual deliveries of 440,000 tons under an individual pricing scheme to enhance supply stability and price competitiveness.
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KOGAS and Korea Southern Power Sign Individual Pricing Scheme LNG Supply Deal
Korea Gas Corporation (KOGAS) has signed a 10-year LNG supply contract with Korea Southern Power, securing annual deliveries of 440,000 tons under an individual pricing scheme to enhance supply stability and price competitiveness.
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