GLNG - Global LNG

7 August 2020

Cheniere’s earnings top estimates as LNG exports pick up

6 August 2020

Leading US LNG producer Cheniere Energy’s second-quarter earnings beat analyst expectations, with the results coming out as the country’s LNG exports are forecast to rise for the first time in six months.

Total reduces stake in Tellurian

6 August 2020

France’s Total has scaled down its participation in Tellurian and its proposed Driftwood LNG project on the Louisiana Gulf Coast.

Afreximbank commits $400mn to Mozambique LNG

6 August 2020

The African Export-Import Bank (Afreximbank) is to commit up to $400mn in guarantees and direct lending to support the Area 1 LNG Project in Mozambique.

Origin’s APLNG revenue dips 5% in FY20

6 August 2020

Origin Energy has revealed that its share of revenue from the Australia Pacific LNG (APLNG) project declined 5% in financial year 2019-2020 owing to the coronavirus (COVID-19) pandemic’s impact on global energy demand.

Petrobras begins accepting bids for Bahia LNG lease

6 August 2020

Brazil’s national oil company (NOC) Petrobras has begun accepting bids for the right to lease Bahia LNG, an under-utilised gas import terminal in the north-eastern part of the country.

Marubeni receives exclusive development rights for Thilawa LNG-to-power project in Myanmar

6 August 2020

Marubeni, with Sumitomo, Mitsui & Co. and Eden Group, has received permission from Myanmar’s Ministry of Electricity and Energy to go ahead with their LNG-to-power project in Thilawa, Myanmar.

PetroVietnam units team up on LNG projects

5 August 2020

State-owned PetroVietnam Gas (PV Gas) has teamed up with a number of other PetroVietnam subsidiaries to develop projects that will take advantage of its first liquefied natural gas (LNG) terminal.

Bangladeshi LNG-fired power plant secures loan

5 August 2020

Japanese energy giant JERA and India’s Reliance Power have secured a $642mn loan for their planned liquefied natural gas-fired thermal power plant in Bangladesh.

NRG: Emerging bright spots

4 August 2020

Even as major companies continue to report quarterly losses, world crude oil prices have remained steady and some LNG markets are still heading for growth.

Sempra Energy, IENova say export permit is holding up FID on LNG project

4 August 2020

IENova, the Mexican subsidiary of California-based Sempra Energy, is still hoping to begin work on the Energía Costa Azul LNG project soon, though it is still waiting for Mexico to issue an export permit.

Renergen completes design work for LNG plant

4 August 2020

South Africa’s Renergen has completed design work on its planned gas liquefaction plant 22 days ahead of schedule.

Chevron aims for restart of Gorgon Train 2 by September

31 July 2020

Super-major Chevron said this week that it anticipates restarting the second liquefaction train at Western Australia’s Gorgon LNG terminal in early September after completing repairs that are currently underway.

Ice-breaking LNG carrier reaches Japan in industry first

31 July 2020

Mitsui OSK Lines (MOL) said this week that the ice-breaking Vladimir Rusanov LNG carrier, which it owns and operates jointly with China COSCO Shipping, reached the LNG terminal in Ohgishima, Tokyo Bay, on July 23.

Russia overtakes US in LNG supplies to China

31 July 2020

The latest Chinese customs data show that Russia supplied 396,000 tonnes of LNG to the Asian country in June, compared with 340,000 tonnes arriving from the US.

US LNG exports still booming despite cargo cancellations

31 July 2020

Exports of LNG from the US have still risen year on year, despite a spate of cargo cancellations over the summer as a result of global oversupply.