The next phase of the acquisition involves six additional vessels, including Axios II, Assos, Apostolos, Aktoras, Archimidis, and Agamemnon LNG carriers.

According to recent vessel-tracking data compiled by Bloomberg, only approximately 30 tankers, including crude oil and fuel carriers, have entered the Bab al-Mandab Strait this week.

ExxonMobil, the US-based oil and gas giant, initiated plans to divest its majority share in the terminal as part of its strategic initiative to wind down non-core operations.

Approximately 70 Australian-resident seafarers will be employed on an LNG carrier within Woodside's chartered fleet, managed by ASP Ship Management Pty Ltd in Melbourne.

he initiative is part of France's larger €54 billion investment plan for 2030, with a renewed focus on achieving breakthrough innovations and industrial decarbonization.

Despite a modest growth projection of just over 5% in 2023, President Ilham Aliyev anticipates Azeri gas sales to Europe surpassing 12 billion cubic meters this year.

The package, initiated by the European Commission in December 2021, aims to promote low-carbon and renewable gases as key contributors to meeting the bloc's 2030 climate goals.

These agreements were announced at the sidelines of COP28 in the United Arab Emirates.

The agreement, which is linked to U.S. gas indices, is contingent on Mexico Pacific's final investment decision (FID) on the proposed third train at the Saguaro Energia LNG Project, expected in the first half of 2024.

The deal, subject to Mexico Pacific's final investment decision (FID) on the proposed third train at the Saguaro Energia LNG project, aligns with Woodside's strategic goal of expanding its LNG portfolio globally.