The energy markets including the LNG sector are going through difficult times and there is much uncertainty, even if the long-term future is a good one, was the message from senior executives speaking at Gastech 2015 Singapore.
Shanghai-headquartered Wison Offshore & Marine has commenced the keel-laying for the first China-made floating storage and regasification unit (FSRU) on Tuesday.
Hoegh LNG has narrowed its first half loss and stayed in the red even as it generated a profit in the second quarter on higher revenue.
Golar LNG has swung back to the black in the first half ended 30 June 2015 despite a loss in the second quarter, aided by higher revenue and the first quarter gain on disposals.
GAC is to handle the first of many FSRUs to offload LNG cargoes at the port of Aqaba, in Jordan, as the country steps up its LNG imports.
Höegh LNG Holdings ordered its eighth FSRU, at Hyundai Heavy Industries (HHI) in Korea.