Qatar news: Iran missile hits Ras Laffan, world’s largest LNG hub – Watch

[ad_1] . Iran struck Qatar’s Ras Laffan Industrial City, one of the world’s largest gas export hubs, on Wednesday, causing heavy damage to the key facility.QatarEnergy said in a statement early Thursday that “several of its Liquefied Natural Gas (LNG) facilities were the subject of missile attacks, causing sizeable fires and extensive further damage” after […]

Russian shadow fleet LNG tanker sinks after ‘sudden explosions’ off Libya coast

[ad_1] A Russian liquefied natural gas (LNG) carrier, the Arctic Metagaz, has sunk in the central Mediterranean between Libya and Malta after a “sudden explosion” triggered a massive blaze on board, Libya’s ports and maritime transport authority said on Wednesday.They added that all 30 crew members were rescued in nearby Libyan waters.Libya’s ports and maritime […]

Petronet LNG Shares Jump on 15-Year Ethane Services Pact with ONGC | Udaipur Kiran

[ad_1] Mumbai, December 4 (Udaipur Kiran): Shares of Petronet LNG surged on the BSE on Wednesday after the company announced the execution of a 15-year binding term sheet with Oil and Natural Gas Corporation (ONGC) for Ethane Unloading, Storage and Handling (USH) services. The stock was trading at Rs 279.05, up by Rs 10.10 or […]

EU chief urges bloc members to sanction Russia’s LNG exports

[ad_1] European Commission President Ursula von der Leyen BRUSSELS: The European Union should slap new sanctions on Russia’s exports of liquefied natural gas, its shadow fleet of aging oil tankers and major energy companies over its war on Ukraine, European Commission President Ursula von der Leyen said on Friday. “It is time to turn off […]

Japan invests big in LNG despite climate-friendly promises | World News

[ad_1] Japan is one of the world’s biggest public financiers of gas and oil production, despite a pledge to halt all such funding for fossil fuel at the G7 summit in 2022.From 2013 to 2024, Japanese public financial institutions provided $93 billion (€82 billion) worth of investments for oil and gas projects, according to a […]