GLNG - Global LNG
Natural gas could power Africa’s industrialisation process and end the region’s huge energy poverty
Africa must be allowed to exploit its vast natural gas reserves so that it can undergo a wholesale industrialisation process and so that energy can be brought to millions of homes.
Kuwait plans full exploitation at Arash gas field amid Iran dispute
Kuwait is working to lay the groundwork for natural gas extraction from a disputed field in the Persian Gulf in six years, suggested comments from a Kuwaiti official published by Reuters on October 4.
New Fortress’ Mexico LNG facility receives final unit before start-up
The final unit of New Fortress Energy's floating liquefied natural gas export terminal offshore Mexico’s northern coast reached the project site on October 2, according to data from S&P Global Commodities at Sea (CAS)
QatarEnergy signals intent at home, overseas
The gas giant is pressing ahead with its massive LNG expansion project and, together with its partners, has bid on two new licences in Lebanon
Peru LNG’s exports surge in September
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw its export volumes rise by more than 150% month on month in September 2023.
Freeport LNG requests permission for restart of more of its export plant
US LNG exporter Freeport LNG has asked federal regulators for permission to restart more of its export plant in Texas as it seeks to return the US’s second-biggest LNG terminal to full commercial operation.
ExxonMobil sells majority stake in Adriatic LNG terminal to BlackRock
US oil major ExxonMobil has sold its 70.68% stake in Italy’s offshore Adriatic LNG Terminal to US investment firm BlackRock, the company revealed in a statement on October 4.
US Gulf Coast to get first dedicated LNG bunkering facility
The first dedicated LNG bunkering facility in the US Gulf Coast will be developed following an announcement made by a joint venture on September 28.
Vietnam’s Thi Vai LNG facility ready for commercial operations
Vietnam has marked a key milestone in its push to develop its gas industry, with the country’s first LNG warehouse and terminal complex having completed a series of additional technical tests and now ready to commence commercial operations.
QatarEnergy signs $3.9bn deal with Hyundai Heavy Industries for 17 LNG carriers
QatarEnergy has sealed a large-scale deal worth QAR14.2bn ($3.9bn) with South Korea's shipbuilding heavyweight HD Hyundai Heavy Industries (HHI).
NewMed bid under review as panel pushes for higher price
An independent panel appointed by NewMed Energy to review a $2bn bid to buy a 50% stake in the company has recommended an increase in the asking price.
AES sells minority stakes in Panamanian, Dominican assets to Grupo Linda and subsidiary
US-based AES plans to expand its partnership with Grupo Linda, a company based in the Dominican Republic, through the sale of minority stakes in its Dominican and Panamanian assets.
Russian government sets rules for selling ExxonMobil's Sakhalin-1 stake
Russia’s government has approved rules for valuing and selling ExxonMobil’s stake in the Sakhalin-1 oil project in the Far East, the TASS news agency reported on September 29.
Thailand's power authority imports LNG to help reduce electricity costs
Jiraporn Sirikam, Deputy Governor for Power Generation of the Electricity Generating Authority of Thailand (EGAT), has revealed that EGAT has procured LNG under short-term contracts from 2023 to 2027, totalling 1.2mn tonnes per year.
Global efforts at stopping fossil fuel use unrealistic, says Beijing
In a statement delivered from Beijing on September 22, Xie Zhenhua, China's leading climate envoy, pushed back against calls for more forceful condemnation of coal, oil and gas use at the United Nations headquarters.
Saudi Aramco purchases interest in LNG developer MidOcean Energy
Saudi Arabia’s state-run petroleum and natural gas company Saudi Aramco revealed on September 28 that it has purchased a minority stake in LNG company MidOcean Energy.
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