GLNG - Global LNG
Morocco set to produce LNG for first time by end-2025
Morocco is set to enter the LNG production market for the first time by the end of 2025 as the gas liquefaction facility at the Tendrara field is nearing completion.
Increase in US LNG production will aid India, Petronet head says
India is set to benefit from a rise in US LNG production following Donald Trump’s return to the White House, Petronet’s chief executive officer Akshay Kumar Singh said in an earnings call.
Guyana in search of LNG plant maintanence provider
Guyana's landmark Gas-to-Energy project is advancing with new requests for proposals, as the government seeks to maximise the utilisation of natural gas from the ExxonMobil-operated Stabroek Block.
Expect no sanctions relief for Russian LNG
Preventing more Russian LNG entering the fast-growing gas markets of Asia over the coming years will help ensure extra US supply has a home.
ADNOC Gas signs $450mn supply deal with Japan’s JERA
United Arab Emirates’ state-run ADNOC Gas has signed a three-year LNG supply deal worth $450mn with Japan’s largest power generation firm, JERA.
Russian LNG exports hit new record in 2024
Russia exported a record 33.6mn tonnes of LNG in 2024, up 4% from the previous year, according to data from Kpler cited by Russian news agency RBC this week.
Nigerian president to inaugurate five mini LNG projects
Nigerian President Bola Tinubu will inaugurate the construction of five mini liquefied natural gas projects in Ajaokuta on January 30.
Venture Global stumbles in debut on NYSE with $58bn valuation
Venture Global’s first day of trading on the New York Stock Exchange (NYSE) ended with a whimper, as the upstart LNG company closed trading on January 24 with a share price of $24.00.
DoE extends comment period on LNG study
The US Department of Energy will extend the comment period on the federal study of the economic, environmental and national security impacts of new LNG export permits from February 18 to March 20.
Trump guarantees Europe LNG supply from US
US President Donald Trump has promised Europe ample supply of LNG.
Bangladesh signs LNG deal with US-based Argent LNG
The government of Bangladesh has entered into a Heads of Agreement (HOA) with Louisiana-based Argent LNG for the purchase of up to 5mn tonnes of liquefied natural gas (LNG) annually over 20 years
El Salvador's electricity demand rises 4.3% in 2024
El Salvador's electricity demand grew 4.3% to 7,145.2 GWh in 2024, according to the national energy market administrator Unidad de Transacciones.
Trump rapidly makes moves on energy
Returning US President Donald Trump has wasted no time in declaring a national energy emergency and introducing various measures related to the industry
Venture Global scales back IPO target by 41% amid investor hesitation
LNG producer Venture Global has scaled back the valuation it is seeking in its initial public offering (IPO) by about 41% after investors were hesitant in response to the company’s previous plans for the listing.
Argentina's YPF seals memorandum of understanding with Indian firms for LNG exports
Argentina's national oil company YPF has signed a memorandum of understanding (MoU) with three Indian firms that could lead to LNG exports of up to 10mn tonnes per year.
Gazprom, Novatek brace for tough 2025
Russian natural gas producers Gazprom and Novatek are bracing for a challenging 2025 as they work to rebuild their export strategies through a pivot to Asia.
Argentina's YPF seals memorandum of understanding with Indian firms for LNG exports
Argentina's national oil company YPF has signed a memorandum of understanding with three Indian firms that could lead to LNG exports of up to 10mn tonnes per year.
Coates hires UGL for LNG engineering work off Queensland
Australian equipment supplier Coates has entered a long-term agreement with UGL, a specialist provider of end-to-end engineering services, to support LNG facilities on Curtis Island.
Asia's gas industry welcomes Trump's lifting of LNG approval pause
“The resumption of US LNG export approvals is welcomed by every country in Asia,” ANGEA CEO Paul Everingham said.
Taiwan’s LNG policy faces environmental, safety criticism
Taiwan’s push to increase LNG infrastructure by adding a proposed fourth LNG terminal, near the port city of Keelung in the north of the country, has drawn criticism from environmental groups and local stakeholders.
Chinese power projects under CPEC leave Pakistan struggling with debt
The China-Pakistan Economic Corridor (CPEC), once hailed as a transformative initiative for Pakistan’s economy, has left the nation grappling with substantial debt and soaring electricity costs.
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