GLNG - Global LNG

Höegh LNG takes steps to mitigate against market conditions

Höegh LNG Holdings announced this week that it was taking steps to preserve liquidity and reduce costs in the uncertain business environment created by the coronavirus (COVID-19) pandemic.

Shell delays FID on Crux project in Australia

Royal Dutch Shell announced on April 7 that alongside its joint venture partners it had agreed to postpone a final investment decision (FID) on the proposed Crux gas project offshore Australia.

PGNiG starts small-scale LNG operations in Lithuania

Poland’s PGNiG has sold its first two LNG cargoes from the reloading station in Klaipeda, Lithuania, which it started using on April 1.

Total agrees to charter LNG-fuelled VLCCs

France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).

KOGAS reportedly asks certain suppliers to defer LNG shipments

Korea Gas (KOGAS), one of the world’s leading buyers of LNG, has reportedly asked some of its suppliers to defer shipments of the fuel as the coronavirus (COVID-19) pandemic continues to depress demand.

ExxonMobil delays FID on Rovuma LNG

Super-major ExxonMobil has announced that it is pushing back a final investment decision on the proposed Rovuma LNG project in Mozambique.

Unprecedented challenges after a boom year

The LNG market grew by 13% in 2019, according to a new report, but now faces unprecedented challenges as suppliers look ahead to the coming months.

Woodside steps up pursuit of hydrogen export goals

Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.

Cryopeak begins construction on small-scale LNG facility

Canada’s Cryopeak LNG Solutions has started construction on a small-scale LNG facility in Fort Nelson, British Columbia.

US LNG exports to China resuming thanks to tax waivers

Shipments of US LNG to China are resuming after Beijing has reportedly started granting tax waivers to certain importers of the super-chilled fuel.

Yantai LNG, the largest LNG terminal in northern China, approved by China’s National Development and Reform Commission

The National Development and Reform Commission of China officially approved the construction of the largest LNG receiving terminal in northern China, the Yantai LNG terminal in March that will be the largest of its kind in the country.

Russia ups gas targets for 2035

Trump signals Russia-Saudi truce

Report: LNG demand to grow 6% but market remains unpredictable

Consultancy Wood Mackenzie expects LNG demand to continue growing this year, but has warned that this number will need to be revised as the effects of the coronavirus (COVID-19) pandemic become clearer.

Höegh applies for Cypriot LNG import licence

Höegh LNG has applied for an LNG infrastructure ownership, operations and development licence in Cyprus, under which it would supply a floating storage and regasification unit to the country.

Woodside postpones FIDs on LNG projects amid downturn

Australia's Woodside Petroleum is postponing final investment decisions on three LNG projects – the Scarborough offshore gas development, Browse LNG and Train 2 at the existing Pluto LNG facility.

Pavilion calls for industry standard on GHG emissions

Singapore’s Pavilion Energy is asking potential suppliers to work on developing an industry standard for greenhouse gas emissions from LNG.

AEMO warns of gas supply shortfalls

Australia’s East Coast gas market is on track to experience natural gas shortages within the next five or so years, a new report by the Australian Energy Market Operator (AEMO) has warned.

Cheniere seeks regulatory approval to start Midship pipeline

US LNG producer Cheniere Energy has filed a request with federal regulators to begin service on its newly completed Midship pipeline from Oklahoma’s Anadarko Basin.

UK LNG imports up in 2019

UK imports of LNG more than doubled in 2019, reaching 200 terawatt hours (18.7bn cubic metres), preliminary government data have shown.