GLNG - Global LNG
Pakistan seeks unrealistic answer in TAPI to acute energy crisis
First proposed in the 1990s, TAPI would carry 33 bcm per year of gas for sale in primarily Pakistan and India. The section in Turkmenistan was reportedly completed some years ago, and the Afghan Taliban-led government approved construction in June.
Senegal/Mauritania: Golar LNG says work on Gimi FLNG conversion is 97% complete
Golar LNG expects the FLNG plant that will be installed at the GTA gas-bearing block offshore Mauritania and Senegal to leave the Keppel shipyard next month.
Eni contracts CIMC Raffles to convert semi-sub rig to FPU for installation offshore Republic of Congo
Italy’s Eni has contracted China’s CIMC Raffles to convert the Scarabeo 5 semi-submersible rig into a floating production unit (FPU) for its Congo FLNG project.
Oman LNG strikes supply deal with Germany's SEFE
Oman LNG has reached a binding term-sheet agreement with Germany’s state-owned Securing Energy for Europe (SEFE) on the supply of 0.4mn tonnes per year of LNG from 2026 for four years, the Omani state news agency reported on August 14.
LNG Japan agrees 10% share in Western Australia’s Scarborough field
A Tokyo-based Sumitomo-Sojitz joint venture known as LNG Japan Corporation has agreed to purchase a 10% stake in the Scarborough gas field, 233 miles (375 km) off Western Australia.
Argentina's Enarsa cancels LNG cargo amid lower demand due to warmer weather
Argentina’s state-run energy company Enarsa has cancelled a shipment of liquefied natural gas, a source familiar with the matter revealed. This comes as the South American country experiences warmer winter weather than what was previously expected.
Colombia’s proposed Pacific LNG project receives first bid
Colombia’s long-delayed Pacific LNG import terminal received its first bid to build and operate the country’s second LNG facility, BNamericas reported on August 12.
First Arctic LNG-2 train arrives at project site
Russia’s Novatek has announced the delivery of the first train of its planned Arctic LNG-2 terminal to the project site on the western shore of the Gydan Peninsula in the Arctic, ahead of its scheduled launch before the end of the year.
Woodfibre LNG moves ahead with construction of modules
Woodfibre LNG, a unit of Singapore-based Pacific Energy, has announced that it has given approval to a Chinese fabrication plant to commence building the 19 modules that will comprise the CAD6.8bn ($5.1bn) LNG facility.
GLNG: Woodfibre LNG moves ahead with construction of modules
Cedar LNG partners push back targeted FID date
The partners in Canada’s Cedar LNG project, the Haisla Nation and Pembina Pipeline, have pushed back the target date for a final investment decision on the project to the fourth quarter of this year.
Tourmaline joins Ksi Lisims LNG project
Canada’s Tourmaline Oil announced last week that it had joined Rockies LNG Partners, the group developing the proposed Ksi Lisims LNG project on the British Columbian coast.
Chevron, Woodside hold talks on avoiding LNG strike action
Chevron and Australia’s Woodside said on August 10 they are holding talks with unions to prevent strikes at gas facilities that together account for a tenth of global LNG supply.
Leading LNG player Qatar, key market Europe shun each other
The ramifications of heightened energy prices and the prevailing energy crisis have reshaped LNG contract preferences, favouring longer-term deals. This trend is not limited to certain players but applies to Qatar in particular.
EU gas prices soar 40% on August 9 amid Australian supply fears
European natural gas prices saw a remarkable surge of nearly 40% on August 9, driven by growing fears of disrupted LNG supply from Australia. This unforeseen development rattled traders, who were banking on further declines in gas prices.
Norway approves Snovhit Future project
Norway’s state-owned oil company Equinor and its other partners in the Snohvit gas development in the Barents Sea have received the green light from the Norwegian government to proceed with the Snohvit Future project.
Industry trends help reinforce Nigeria’s deal with Golar LNG
NNPCL’s increasing interest in FLNG projects is in line with global LNG operators’ flagging interest in onshore LNG plants.
NFE expects to launch Altamira, Mexico FLNG project in September
US liquefied natural gas firm New Fortress Energy (NFE) is expecting to launch its first floating LNG project off Altamira in Mexico in September. NFE's Pioneer III utilities and accommodation rig recently arrived from Texas.
Russian gas company revenues set to more than halve in 2023
Russian natural gas companies could see their revenues plummet by over half in 2023 compared with the previous year, according to findings released on August 7 by Russian consulting firm Yakov and Partners.
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