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Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per annum (MTPA) of LNG for 20 years, the companies said on Thursday.
The deal comes at a time when Aramco is seeking to strengthen its position in the LNG market, which is set to grow globally by 50% by 2030, especially in the United States, where LNG capacity is set to almost double over the next four years.
Aramco said the deal was part of its efforts to expand its “presence in international energy markets.”
Under the terms, LNG will be supplied from the fourth liquefaction train at NextDecade’s Rio Grande LNG Facility at the Port of Brownsville, Texas, USA.
Earlier this month, Reuters reported that Aramco was in talks with NextDecade, as well as U.S. firm Tellurian TELL.A on two separate liquefied natural gas (LNG) projects as the Saudi firm seeks to boost its gas trading and production.
Aramco and NextDecade said they were in the process of negotiating a binding agreement, effective subject to a positive final investment decision on Train 4, which NextDecade said it expects in the second half of 2024.
In May, Abu Dhabi National Oil Company (ADNOC) said it had acquired 11.7% stake in phase 1 of NextDecade’s LNG project, which included the first three liquefaction trains, and agreed to a 20-year supply agreement for the fourth train.
Source: Reuters
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Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
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- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- The University of Queensland
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
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