US-listed LNG stocks clocked double-digit gains on Friday following President Joe Biden’s plan to supply Europe with 15bn cubic metres of LNG this year to help in compensating for reduced liftings of Russian gas.

European dependence on Russian oil and gas, and war-related sanctions that are becoming stricter by the day, are set to tighten energy supplies in many countries.

Greece is moving ahead with a $743.3m plan for two additional LNG terminals for storage and gasification, strengthening its gas supply security.

CSSC Hudong Zhonghua Shipbuilding won a record order for the construction of six 174,000 cu m LNG carriers from Japan’s Mitsui OSK Lines (MOL).

Nantong CIMC Sinopacific Offshore & Engineering has won a RMB441 million ($69.2m) order to build LNG bunkering vessel for CNOOC Energy Development.

Cosco Shipping and PetroChina International have ordered three 174,000 cu m LNG carriers from Hudong Zhonghua Shipbuilding.

During the last 10 months, Wilson Sons has registered a record of LNG ship-to-ship operations (STS).

Qatar Petroleum has ordered four LNG carrier newbuildings at China’s CSSC Hudong-Zhonghua Shipbuilding as part of its massive newbuilding programme.

The New York-based investment firm Stonepeak has announced it will acquire the Bermuda-based shipping company Teekay LNG Partners for $6.2bn.

Qingdao-based Headway Technology obtained SIL (Safety Integrity Level) certification for its OceanGuard marine LNG fuel gas supply system (FGSS) from DNV.