Petrochemical makers in South Korea are now shunning direct imports from Russia, and any cargoes with unclear origins, for fear of government scrutiny.
The company posted 11 percent growth in comparable EBITDA compared to first quarter 2023 and approximately four percent growth in segmented earnings year-over-year.
Gunvor will purchase approximately 44,000 metric tons of LNG per annum from LNEnergy at its planned small-scale LNG production facility at the Colle Santo gas field, located onshore Italy.
The study is focused on exploring the potential benefits of integrating LNG regasification and CO2 liquefaction processes at Dragon LNG terminal facilities.
The Houston-based company posted adjusted net income of $1.63 billion, or $2.82 per share, for the quarter, compared to $1.58 billion, or $2.69 per share, in the same period in 2023.