Gas & LNG
US Forces See Nearly 1,000 Hormuz Crossings Since Ceasefire
American forces have counted nearly 1,000 commercial vessel transits in and out of the Strait of Hormuz in the last two months, according to an official familiar with US Central Command operations, a figure that’s higher than private sector estimates that rely mostly on ship transponders.
Pakistan Buys Priciest LNG Shipment in Years on Hormuz Closure
Pakistan purchased its most expensive liquefied natural gas shipment in about four years, as the country grapples with an energy shortage due to the effective closure of the Strait of Hormuz.
India Set to Boost Biogas Prices, Subsidies in New Program
India is set to introduce a program to spur compressed biogas production through higher guaranteed purchase prices and subsidies for new plants, a bid by Prime Minister Narendra Modi’s government to lower carbon emissions and cope with soaring fossil fuel costs.
