GLNG - Global LNG

Egypt to resume natural gas supplies to Lebanon by end-2025

Egypt is finalising arrangements to export 650mn cubic meters of natural gas annually to Lebanon through the Arab Gas Pipeline by the end of 2025

Thai energy shares rise on OPEC+ production signals

Thai energy stocks moved higher on November 3, supported by cautious optimism after the latest OPEC+ developments on oil production.

Japan faces calls from within for LNG restructuring as utilities assure public that there is little to be worried about

At present, Russia accounts for just under 10% of Japan’s total LNG imports, largely through the Sakhalin-2 project in the Russian Far East. The facility at Prigorodnoye, on the southern tip of Sakhalin, has supplied Japan since 2009.

Shell reports third quarter profit beat paced by LNG trading

Supermajor Shell reported a third quarter profit of $5.4bn, beating forecasts on the back of 12.2bn in cashflow from operations.

Strong LNG demand spurs rise in third-quarter profits for Cheniere

The US’s biggest LNG developer Cheniere Energy reported a revenue jump in its third quarter profits on the back of high demand for LNG.

Shell hints at start-up of second train at LNG Canada before end of year

Supermajor Shell forecasts that the second liquefaction train at LNG Canada will come online before the end of the year, the company’s Chief Financial Officer Sinead Gorman stated.

China’s Hudong-Zhonghua Shipbuilding to deliver record four LNG carriers in October

China’s largest LNG carrier builder Hudong-Zhonghua Shipbuilding has delivered four high-tech LNG carriers in the month of October.

Russia’s LNG exports soar by 21% in October

The commencement of cargoes from Arctic LNG 2 has taken Russia’s LNG exports to new levels.

Brazil doubles LNG import capacity to shore up energy security

Brazil has more than doubled its liquefied natural gas (LNG) regasification capacity since 2020, expanding from 70.8mn cubic metres per day (cbmd) to 147mn cbmd by August 2025.

ExxonMobil delays $30bn Rovuma LNG decision pending restart of TotalEnergies’ Mozambique LNG project

Indonesia advances coal gasification in East Kalimantan

East Kalimantan, on the island of Borneo, is being positioned as a strategic hub for Indonesia’s transition towards greater energy independence through coal gasification.

Argentina’s election results poise Milei to attract global oil investment

Argentina’s oil and gas sector is poised for faster growth following President Javier Milei’s sweeping midterm election victory on October 26, which strengthened his La Libertad Avanza party’s position in congress and bolstered his mandate.

Venezuela relations with Trinidad and Tobago deteriorate, gas deals suspended

Venezuela has suspended all gas and energy cooperation agreements with neighbouring Trinidad and Tobago after accusing the Caribbean two-island nation of aligning with the US amid rising regional tensions, Caracas officials said on October 27.

Argentina's YPF stock surges amid foreign investment interest

Argentina's energy sector is experiencing a dramatic re-rating as YPF surged nearly 40% over five days, fueled by foreign investment interest and renewed political momentum following President Javier Milei's resounding victory in midterm elections.

Bulgaria to complete its Vertical Gas Corridor section by 2026

Bulgaria expects to complete its section of the regional Vertical Gas Corridor by October 2026, a project designed to boost energy security and diversify gas supplies across Southeastern and Central Europe.

UAE's XRG enters talks to invest in Argentina's first major LNG project led by YPF

Abu Dhabi National Oil Company's overseas investment arm, XRG, is in early-stage discussions to invest in Argentina's first large-scale LNG project led by state-owned YPF.

COMMENT: EU's LNG import ban won’t break Russia, but it will render the sector’s further growth fiendishly hard

The European Union’s nineteenth sanctions package against Russia marks a pivotal escalation in the bloc’s energy strategy, which will impose a comprehensive ban on Russian LNG imports beginning January 1, 2027.

Singapore’s GasCo in talks for long-term LNG contracts ahead of 2026 launch

Singapore’s GasCo is holding discussions with liquefied natural gas (LNG) suppliers to secure long-term contracts, as the state-owned company prepares to begin operations on January 1, 2026