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‘Incentivise or mandate long-term offtake’ to grow green energy gases | Gas Reports News

Accelerating low-carbon gas development hinges on incentivising or mandating long-term offtake to provide demand visibility and revenue certainty, as well as ensuring the buildout of readily available transport and storage infrastructure. The assessment comes from the International Gas Union’s just-published Global Gas Report 2025. Such measures would help secure financing for projects to reach final investment decision while reducing costs through learning and scale, it notes. The report also finds that biomethane is “the most promising” low-carbon gas today, growing seven-fold in the last decade. It is backed by mature technologies, drop-in compatibility with existing natural gas infrastructure, and all-round strong prospects. While momentum is building in carbon capture, utilisation and storage (CCUS), a significant proportion of capacity is in the pre-financing phase, reinforcing the need for clearer regulations, streamlined permitting and more mature carbon… Read More »‘Incentivise or mandate long-term offtake’ to grow green energy gases | Gas Reports News

Shell deal opens second US LNG channel for Italian firm

Italian utility company Edison has signed an agreement with Shell International Trading Middle East, the UAE-based subsidiary of the U.K.-headquartered energy giant Shell, for the sale and purchase of liquefied natural gas (LNG). The post Shell deal opens second US LNG channel for Italian firm appeared first on Offshore Energy.

LR greenlights floating ammonia cracker unit

A consortium of companies has received approval in principle (AiP) from the UK’s class society Lloyd’s Register for a floating ammonia cracker unit (FACU). The post LR greenlights floating ammonia cracker unit appeared first on Offshore Energy.

Synergy assumes the management mantle of Karpowership’s newly converted FSRU

A full technical management of a recently converted floating storage regasification unit (FSRU), which got its new lease on life thanks to Karpowership, Türkiye’s floating power plant company, has been handed over to Singapore-headquartered Synergy Marine Group. The post Synergy assumes the management mantle of Karpowership’s newly converted FSRU appeared first on Offshore Energy.

Woodside and Petronas formalize 15-year LNG supply deal

The Singaporean subsidiary of Australia’s energy giant Woodside and an affiliate of Malaysia’s Petroliam Nasional Berhad (PETRONAS) have finalized a sale and purchase agreement (SPA) for the supply of liquefied natural gas (LNG) from the former’s portfolio. The post Woodside and Petronas formalize 15-year LNG supply deal appeared first on Offshore Energy.