Category: Energy News Beat

Greece’s first FSRU arrives in Alexandroupolis

Energy News Beat Greece’s first floating storage and regasification unit (FSRU) has arrived in Alexandroupolis, where it will soon start serving Gastrade’s LNG import project. According to its AIS data, the 153,600-cbm Alexandroupolis was on Sunday anchored offshore the Greek port of Alexandroupolis. Greece’s Gastrade confirmed the arrival of the FSRU in the waters of […]

Japan’s Tokyo Gas to buy US gas producer for $2.7 billion

Energy News Beat A unit of Japan’s city gas supplier and LNG importer, Tokyo Gas, has agreed to buy Texas-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion. Tokyo Gas America decided to acquire all shares of Rockcliff Energy II through its ownership interest in TG Natural Resources […]

Uniper: Germany’s first LNG terminal received 42 cargoes this year

Energy News Beat Germany’s first FSRU-based import facility in Wilhelmshaven has received 42 liquefied natural gas (LNG) cargoes since its commissioning in December 2022, according to state-owned energy firm Uniper. The 170,000-cbm FSRU Hoegh Esperanza, owned by Norway’s Hoegh LNG and chartered by the German government, received its first LNG cargo in Wilhelmshaven from the US […]

Germany’s DET allocates Stade regas slots as FSRU terminal launch nears

Energy News Beat State-owned LNG terminal operator Deutsche Energy Terminal has allocated 11 regasification slots at its FSRU-based LNG import terminal in Germany’s Stade as it works to launch the facility in February next year. DET held capacity auctions on December 11 and 14 for in total 15 regasification slots. This is the second time […]

Europe continues to be main destination for US LNG cargoes

Energy News Beat France was the top destination for US liquefied natural gas (LNG) supplies in October as Europe continues to receive the majority of volumes produced at US liquefaction plants, according to the Department of Energy’s newest monthly report. The DOE report shows that US terminals shipped 53.6 Bcf of LNG to France in […]

East African trade bloc expands

Energy News Beat Somalia has officially become the eighth member of the East African Community (EAC) after more than a decade of lobbying to be admitted into the regional trade bloc that operates a single market and allows free movement of goods and people among member states. The country’s leader, Hassan Sheikh Mohamud, signed the […]

Extensive power grid upgrades and expansion threaten the energy transition

Energy News Beat People are becoming increasingly concerned about the mineral requirements for the energy transition and how these will be met. In October, the International Energy Agency (“IEA”) published a report entitled Electricity Grids and Secure Energy Transitions in which it sets out the grid-related challenges to the energy transition. It identifies regulatory reform, […]

China’s LNG imports rise in November

Energy News Beat China’s liquefied natural gas (LNG) imports rose for the second month in a row in November, according to customs data. Data from the General Administration of Customs shows that the country received about 6.80 million tonnes in November, a rise of 6.6 percent compared to the same month last year. This is the highest […]

Indian foreign minister planning visit to Moscow – media

Energy News Beat While in Russia, the top diplomat is expected to discuss improving connectivity to boost bilateral trade Subrahmanyam Jaishankar, India’s external affairs minister, is planning a trip to Moscow later this month to review bilateral agreements and discuss connectivity initiatives, including the South Asian country’s investments in Russia’s emerging Far East Region, the […]

Anonymously funded group stokes local opposition to Ohio solar project

Energy News Beat ​ An anonymously funded group is spreading misinformation about a rural Ohio solar project, according to project backers and others who reviewed claims made at a recent event. Knox Smart Development was incorporated last month by Jared Yost, a Mount Vernon resident and opponent of the planned 120 megawatt Frasier Solar project. […]