GLNG - Global LNG
More delays looming for Mozambique LNG?
Saipem’s predictions of a July restart for Mozambique LNG have not borne fruit due to the difficulty of resolving cost disputes with TotalEnergies
Italian oil industry service provider Saipem notes progress towards resumption of LNG project development in Mozambique
Italian energy services group Saipem has said work to resume construction of a $20bn LNG project in northern Mozambique in which it is involved is well underway.
Eni snaps up Chevron stakes in three Indonesian blocks
Italy’s Eni announced this week it has purchased Chevron’s operating stakes in three production-sharing contracts off Indonesia, as the company looks to broaden its footprint in the country and fast-track key projects there.
Higher rain levels in Brazil help stave off gas pain in Europe
The end of Brazil’s drought has allowed US sellers to send more LNG to Europe, but these conditions may not persist beyond the short term.
EU, Venezuela in talks on methane capture, exports
At least three European firms are slated to work with Venezuela's PdVSA to start trapping methane emissions and sending them to Atlantic LNG for processing and export.
Argentina says it turned away Russian-produced LNG because of sanctions
Buenos Aires has cited sanctions against Moscow as the reason for a state-owned company’s decision to refuse delivery of a cargo of Russian-produced LNG last week.
Arctic LNG-2 to reach full capacity in Q1 24, says Novatek head
Russia’s top LNG producer Novatek expects the first train of its Arctic LNG-2 project to reach its full capacity of 6.6mn tonnes per year in the first quarter of 2024, CEO Leonid Mikhelson told reporters late on July 20.
German resort town calls for probe into finances of LNG project operator
The German resort town of Binz has called for an anti-money-laundering probe into the finances of the operator of a planned LNG terminal that it opposes over its environmental impact.
Novatek to raise LNG supplies to Japan
Russian natural gas producer Novatek plans to ship over 2mn tonnes per year of LNG from the Arctic LNG 2 plant, Reuters reported on July 21.
ExxonMobil plans to double LNG production by 2030
ExxonMobil has ambitious plans to produce around 40mn tonnes per year of LNG by the end of the decade, the company’s senior vice-president of LNG marketing, Andrew Barry, told Nikkei Asia on July 19.
Nigeria’s NNPCL to build first domestic floating LNG project
The Nigerian National Petroleum Company Ltd and UTM Offshore have signed a heads of terms agreement for the construction of the country's inaugural domestic floating liquefied natural gas project.
BP, Shell initiate arbitration claims against Venture Global LNG
BP and Shell are pursuing arbitration claims against Venture Global LNG, according to Reuters.
Cheniere Energy sets sights on new gas pipeline to support LNG expansion
US LNG exporter Cheniere Energy is considering constructing a new pipeline to feed its Sabine Pass expansion project in Louisiana to other pipelines in key shale gas production areas in an effort to diversify its risk Reuters reported on July 19.
Tellurian: Driftwood is likely the last big US LNG project to join construction wave
US LNG developer Tellurian feels its Driftwood LNG project based in Louisiana is likely the last of the large proposed LNG export projects in the US with a viable chance of shipping supplies internationally by the end of the decade.
EU mulls importing gas from Argentina
The EU is looking at potentially buying natural gas from Argentina in the future, in anticipation of the South American country’s planned expansion in domestic production that is expected to transform it from a net gas importer to exporter.
Mexico Pacific, CFE establish alliance to ensure gas deliveries to Saguaro LNG
Houston-based Mexico Pacific Ltd has struck a long-term deal on gas deliveries with CFE, Mexico’s national electricity provider.
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