GLNG - Global LNG
China State Shipbuilding delivers the world’s largest VLGC
A subsidiary of China State Shipbuilding Corporation (CSSC) has finished construction on, and delivered, the world’s largest ever ‘very large liquefied gas carrier’ (VLGC) to Singapore from where it will initially be based.
Vietnam joins Asia’s LNG-reliant nations
PetroVietnam Gas, a branch of the Vietnam Oil and Gas Group, the nation’s state-owned energy entity based in Hanoi, is looking to purchase a first ever cargo of LNG to commission a newly built import terminal in the extreme south of the country.
Philippines commissions first LNG terminal
The Philippines has launched commissioning activities at its first LNG import terminal with the arrival of the 137,500 cubic metre ISH floating storage unit (FSU) on April 26 at the terminal jetty in Batangas Bay about 100 km south of Manila.
Latvia's LNG terminal plan stalled
Liquefied natural gas prices jump in Armenia
Driven by a dramatic rise in the price of liquefied natural gas, Armenia’s Commission for the Protection of Competition has conducted a preliminary study of the LNG market.
ADNOC cancels, relaunches gas development and relocates LNG plant
The Abu Dhabi National Oil Co. (ADNOC) has relaunched its multi-billion dollar Hail and Ghasha sour gas development project just days after it terminated pre-construction contracts awarded in January.
Argentina’s IEASA importing more LNG this year
Argentina’s state-owned Integración Energética SA (IEASA) has arranged to import more LNG cargoes this year than in 2022 because of the fall in LNG prices.
Kumul Petroleum delays purchase of stake in PNG LNG from Santos
Papua New Guinea state-owned Kumul Petroleum has delayed an agreement to purchase a 5% stake in the PNG LNG project from Santos, the Australian firm and Papua New Guinea Prime Minister said on May 1.
World’s biggest buyer of LNG expects volatile year ahead
Japanese energy company JERA, the world’s biggest purchaser of LNG, says there is a risk of more market volatility throughout 2023.
ExxonMobil says it cannot start building Rovuma LNG plant without security in Cabo Delgado
ExxonMobil (US) has said that the Rovuma LNG consortium cannot start work on an onshore gas liquefaction complex without assurances of long-term stability in northern Mozambique.
JERA agrees to purchase LNG from Venture Global in 20-year deal
Under the terms of the free on board deal, JERA will buy roughly 1mn tpy of LNG from the Venture Global-operated CP2 project to be located in Cameron Parish, Louisiana.
Rio Grande LNG to be financed soon, says NextDecade CEO
NextDecade Corp. CEO Matthew Schatzman says that a positive final investment decision is likely to be made on the Rio Grande LNG facility soon after the Federal Energy Regulatory Commission’s order reaffirming its approval.
TotalEnergies says restart of construction of $20bn LNG plant in Mozambique is being hampered by cost dispute with contractors
TotalEnergies has said the security situation in northern Mozambique has stabilised but resumption of work on its LNG project in the area is being complicated by disagreements with contractors over extra costs.
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