Tuesday, January 21, 2025

LNG Shipments to UK: Cove Point Offers Shorter Route, Better Economics than Sabine Pass

From Bloomberg Cove Point Beats Sabine Pass in economics of supply to Europe Britain’s LNG imports pick up with 5 cargoes in April 1-8 As seasonal demand wanes in Asia, the key buying region for the fuel, cargoes from countries including Qatar and Russia have started arriving on British shores. In total 11 ships will unload from March 7 through

Silverpeak is Buyer of Uinta Basin Assets from Linn Energy

Silverpeak, a New York-based multi-strategy investment platform, announced it was the buyer in a $132 million acquisition of certain assets in the Uinta Basin from LINN Energy, Inc. (ticker: LNGG). LINN announced the sale of the properties in January. The assets will be managed by Altamont Energy, a recently formed affiliate of Silverpeak, according to a press release from Silverpeak.