GLNG - Global LNG
Trinidad and Tobago explores new natural gas deals with Venezuela amidst declining supply
Trinidad and Tobago is poised to strike additional agreements with Venezuela to bolster its natural gas reserves following a recent licence granting access to a former oil giant field.
US delays decision on Venture Global’s Calcasieu Pass 2 plant
Venture Global’s Calcasieu Pass 2 (CP2) facility could face an approval delay from the Biden administration, according to a report from The New York Times on January 24.
Petronas calls for incentives to boost Suriname's oil and gas sector
Malaysian energy firm Petronas has called on the government of Suriname to offer enhanced incentives to attract energy companies for oil and gas development in the country.
State-owned oil & gas company Petronas awards production sharing contracts in Malaysia Bid Round 2023, stimulating over $274.9mn capital investment
Petroliam Nasional Bhd has granted production sharing contracts for six exploration blocks and one Discovered Resource Opportunities cluster under Malaysia Bid Round 2023
Pertamina Malaysia wins exploration block SK510 in Malaysia Bid Round 2023
Pertamina Malaysia Exploration Production, a subsidiary of Indonesia's state-owned oil and gas company Pertamina, has secured the exploration block SK510 through the Malaysia Bid Round 2023
Six die as fuel truck explodes in fireball on Ulaanbaatar city street
Three firefighters among dead. Shocked city dwellers ask how it is that such vehicles carrying dangerous loads are permitted to travel into a residential neighbourhood, containing many schools.
Japan’s LNG imports drop by 8% in 2023
Japan has reported a dip in LNG imports in 2023, with the northeast Asian country bringing in 66.2mn tonnes of the super-chilled fuel, according to preliminary data from the Ministry of Finance.
Qatari LNG deliveries to Europe delayed by Red Sea conflict
Qatar’s LNG deliveries to customers in Europe will be delayed as the Gulf country reschedules shipments and routes amid the crisis in the Red Sea.
India close to inking landmark deal with Qatar for affordable LNG
In what is being seen as a major development for the global LNG market, QatarEnergy is poised to finalise a landmark long-term LNG supply agreement with India
Biden urged by natural gas coalition to avoid pausing LNG export approvals
US President Joe Biden has been urged by a group of natural gas producers and pipeline companies to reconsider against any action to pause US LNG export approvals.
Trinidad and Tobago opens talks with Europe on supply of LNG
Trinidad and Tobago is in the midst of negotiations with countries in Europe on supplying them with LNG produced from Venezuelan gas.
Gas exporting countries expect tight LNG market until 2026
Tight global LNG markets have been forecast until 2026 by the Gas Exporting Countries Forum (GECF).
Guyana VP labels Gas-to-Energy project opponents as "hopelessly misguided"
Guyanese Vice President Bharrat Jagdeo labelled Gas-to-Energy project opponents Elizabeth Deane-Hughes, Vanda Radzik, and international lawyer Melinda Jankifor as “hopelessly misguided”.
Pertamina faces $173mn loss in LNG procurement and Maurel & Prom acquisition
The Supreme Audit Agency has finalised its examination of state losses in the alleged corruption cases linked to the procurement of LNG) and Pertamina's acquisition of Maurel & Prom
Greece, India, Turkey significantly increased Russian LNG imports in 2023
India, Turkey and Greece significantly ramped up imports of Russian LNG imports last year.
ING: What the Red Sea crisis could mean for commodity markets
Attacks by Iranian-backed Houthis from Yemen on commercial vessels passing through the Red Sea have made some shipowners reluctant to sail via the Suez Canal and Red Sea.
QatarEnergy pauses sending LNG vessels via the Red Sea amid Houthi attacks
QatarEnergy will pause sending LNG tankers through the Red Sea amid growing security concerns as Yemen’s Iran-back Houthi militia ramp up attacks in the busy shipping lane in support of the Palestinian Islamist group Hamas’ war with Israel.
Contract for jetty construction awarded for second Wilhelmshaven LNG terminal
FSRU Wilhelmshaven, a joint venture between Engie and Tree Energy Solution, has issued a contract to Dutch firm Van Oord for construction of a floating storage and regasification unit jetty at Wilhelmshaven in Germany.
Houthi rebels vow not to target Russian ships despite two accidental attacks on tankers
Houthi rebels have vowed not to target Russian ships passing through the Red Sea, potentially shielding both countries from some of the fallout on international trade caused by the crisis.
Thailand to limit LNG imports in 2024 to cut power costs, boost domestic production
In a policy shift aimed at reducing power expenses and enhancing energy self-reliance, Thailand is set to curtail its growth in LNG imports in 2024
Arctic LNG 2 to ship first cargo before end of January
Russia’s Arctic LNG 2 project will ship its first tanker to Asia before the end of January, industry sources told Reuters on January 16.
QatarEnergy agrees the world's largest LNG carrier deal with China
In a move to expand its LNG fleet, QatarEnergy has reportedly reached an agreement with Hudong-Zhonhua Shipbuilding of China for the construction of the world's largest LNG carriers
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