Day: January 12, 2024

African state shuts border with neighbor for ‘backing’ rebels

Energy News Beat Burundi accuses Rwanda of hosting and training a rebel group that has been carrying out deadly cross-border raids Burundi has announced the closure of its border with Rwanda, while suspending diplomatic relations with its East African neighbor. Martin Niteretse, the Burundian internal affairs minister, said on Thursday that the decision was in […]

LNG freight rates, European prices drop this week

Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decline this week, while European and Asian prices also dropped compared to the week before. Last week, Spark30S Atlantic decreased to $108,500 per day, and the Spark25S Pacific decreased to $80,250 per day. “LNG freight rates have fallen […]