Hygo, a joint venture between Golar LNG Limited and U.S. private equity firm Stonepeak Infrastructure Partners whose shares had been due to be floated in New York, did not confirm or deny an IPO cancellation.
UP World LNG Shipping Index (UP LNG Index) succeed in breaking the resistance level of a double top pattern (highlighted by a green line). ETF SPY still goes down and the difference between them is narrowing.
Golar LNG inked a deal with Croatian LNG developer LNG Hrvatska to convert Golar Viking, which entered the shipyard in January 2020. Built in 2005, Golar Viking has a capacity of 140,000 m3. Golar will operate the vessel for a minimum of 10 years.
PAO NOVATEK has announced that its joint venture Arctic LNG 2 entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between NOVATEK and PAO Sovcomflot).
LNG contracting during the past six months has defied many expectations to soar compared with the same period in 2019. At least 24 contracts covering nearly 24mn t/yr have been signed, compared with just 14 contracts for 13.1mn t/yr during the first half of 2019.