Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

One of the president’s executive orders offers a new path for getting a gas development across the finish line.

Brokers are quoting levels for 174,000-cbm vessels lifting cargoes out of the US to Europe at $9,000 per day on a round trip voyage basis — a record low for modern vessels of this type. This is down from an already weak $22,000 per day seen at the start of this year. A Vitol relet is being reported as fixed to Petronas UK at around $9,000 per day.

The question hovering over expanding U.S. LNG exports to Europe has been price sensitivity and the willingness of individual European countries to wean themselves off the cheaper Russian LNG.

Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it depletes its gas in storage. The EU’s gas storage was 59 per cent full as of Monday, 15 per cent below the same time last year, according to industry body Gas Infrastructure Europe. Colder weather contributed to a faster withdrawal.

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"Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports" was originally created and published by Offshore Technology, a GlobalData owned brand.

Venture Global LNG has raised $1.75 billion after pricing its U.S. initial public offering, the second-largest exporter of liquefied natural gas in the United States said on Thursday.

The LNG importing facility will require a permit from the Federal Energy Regulatory Commission and, at this point, it is too early to say what environmental permitting may be required.

Poised to provide the operational collaboration necessary to grow exports, Managing Director / CEO Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho received the Chief Executive Officer of the Nigerian Liquiefied Natural Gas (NLNG) Limited,

China's pursuit of energy security and diversification may limit the potential for a successful energy trade deal with the Trump Administration.