Germany acquires three LNG carriers
The government has assumed control of at least three LNG vessels that were chartered to a Gazprom subsidiary
NYSE-listed Dynagas LNG Partners has confirmed that three of its LNG carriers—the Amur River, Ob River and Clean Energy—have been “effectively under the control of the German government” since early April and that this may last “for an indefinite period of time”. The German federal authorities also assumed control over Gazprom Germania in early April due to its operation of critical infrastructure in the country. Gazprom Germania is the indirect parent company of Gazprom Marketing & Trading, which had the three Dynagas carriers under long-term charter. The charterer in such deals operates the vessel and is responsible for voyage-related costs including fuel and terminal fees. “It i

Also in this section
7 February 2025
The history of tin production and prices offers a preview of the future oil market. If correct, $35/bl could become the new normal for crude for several years without further OPEC+ intervention
7 February 2025
Changing oil demand patterns mean different downstream economics amid switch to naphtha, LPG and other petrochemicals
6 February 2025
Policy initiatives will take time to reverse declining output, and restoring investor confidence is far from certain
6 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors