Eesti Gaas buys more LNG cargoes

Eesti Gas, which is branded internationally as Elenger, said in a statement issued on May 25 that it has “committed to bring 14 LNG cargoes from different suppliers to its customers by the fall and plans to add some more in the fourth quarter.”

ADNOC, GAIL agree to explore decarbonization opportunities

Abu Dhabi National Oil Company (ADNOC) and GAIL (India) Ltd. signed a memorandum of understanding to explore collaboration opportunities in LNG supply and decarbonization, including short- and long-term LNG sales agreements. The agreement also includes potential optimization of LNG trading activities, the review of joint equity investments in renewables and the monitoring of greenhouse gasses

Amid supply disruptions in Europe, France becomes the top destination for US LNG

France was the top destination for US LNG cargoes in March as Europe began refilling storage after inventories bottomed out and as Russia’s war in Ukraine raised fears of pipeline gas disruptions. Spain was a close second, followed by the UK, an April 4 analysis of trade flow data by S&P Global Commodity Insights showed.

Brazil tops importers of US LNG cargoes in October

Brazil was No. 1 buyer of US LNG for the third month in a row in October amid severe drought that has drained its hydroelectric resources, while Spain was a close second as pipeline gas supplies faced constraints, S&P Global Platts Analytics data showed. Power data from Brazil’s National Electric System operator showed that hydro