Egypt has deployed its second floating gas terminal, the Energos Power, to boost LNG imports and prevent blackouts during peak summer demand, with two more units planned to join the fleet soon. The move aims to stabilize energy supply for both households and industries while reducing reliance on pipeline imports.
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New Fortress Energy has secured a three-year charter agreement for its Energos Freeze floating LNG unit, which will supply cleaner energy to the Dominican Republic starting in 2025. The project aims to reduce reliance on dirtier fuels while addressing energy shortages in the Caribbean.
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Singapores Seatrium has secured a contract to convert Hegh LNGs carrier Hoegh Gandria into a floating storage and regasification unit, reinforcing its leadership in complex offshore energy projects and meeting rising global LNG demand. The conversion, set to begin in May 2025, will enhance Egypts Port of Sumed LNG terminal as part of the countrys push to become a regional gas hub.
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Vietnam’s energy future just got a major boost as PV Gas teams up with U.S. giants Excelerate Energy and ConocoPhillips to secure a $7.2 billion LNG deal—unlocking cutting-edge tech and a sustainable energy revolution. Discover how this game-changing partnership is reshaping the global energy landscape!
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