OTC Asia 2026

PNG’s FSRG Loads First LNG Cargo Off Indonesia

Hoegh LNG announced the floating storage regasification unit (FSRU) Lampung project, off Indonesia, began commercial operation in mid-July for its client Perusahaan Gas Negara (PGN).

 

It received its first cargo of LNG through a ship-to-ship transfer July 27. The contract with PGN is for 20 years.

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Oil Settles Higher Due to Disruption to Global Oil Supplies

Oil ​prices on March 06, 2026, went on to witness a rapid surge due to the rising disruption to global oil supplies, which has...

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