GLNG - Global LNG
China oil major CEO criticises US sanctions on Russia, citing impact on LNG project
In a notable deviation from typical corporate rhetoric, the CEO of China National Offshore Oil Corporation, Zhou Xinhuai, has voiced strong opposition against ongoing US-led sanctions on Russia.
New US policy on LNG permitting will also affect Mexican projects
US-based companies such as NFE and MPL may come under fire for their plans to process Permian basin gas in Mexico for export as LNG.
Japan’s Tokyo Gas to lead LNG-to-power project in Vietnam, SE of Hanoi
Tokyo Gas Co. Ltd, Kyuden International Corporation and Vietnam's Truong Tan Vietnam Group have teamed up to launch a joint venture: Thai Binh LNG Power
US LNG trade to Asia being slowed by Panama Canal congestion
LNG vessels using the Panama Canal have been suffering lengthy delays according to the International Energy Agency.
Japan expresses concern over US pause of LNG export permits
Japan has raised the alarm over US President Joe Biden’s decision to temporarily halt US LNG export permits with Industry Minister Ken Saito vowing that the country will take all the necessary actions to guarantee stable energy supply.
NorthAmOil: Biden orders pause of LNG export approvals amid pressure from environmentalists
Biden orders pause of LNG export approvals amid pressure from environmentalists
US President Joe Biden announced on January 26 that approvals of pending and future applications to export LNG from new projects are being temporarily halted.
GLNG: Biden orders pause of LNG export approvals amid pressure from environmentalists
ADNOC Gas reaches 10-year LNG supply deal with India’s GAIL
United Arab Emirates firm ADNOC Gas has come to a 10-year agreement with India’s GAIL to supply the company with 0.5mn tonnes per year of LNG beginning in 2026, the companies revealed on January 30.
Guyana will maintain pre-COVID energy costs, PM says
Prime Minister Mark Phillips of Guyana praised his government for maintaining stable energy rates despite global fluctuations in fuel prices, highlighting the cabinet's commitment to absorbing the increased costs instead of consumers.
US Ex-Im Bank pressed to halt backing for Papua LNG
Europe's final transition from Russian gas to LNG will cost $223bn
Europe's strategic pivot away from Russian natural gas towards LNG is estimated to require a colossal investment of $223bn in global projects over the next decade, Bloomberg calculates.
Biden suspends four LNG export licences to burnish his green credentials
The Biden administration has temporarily frozen approvals of all new licences for the export of US LNG to assess their environmental impact in a move that could disrupt global energy markets.
QatarEnergy signs 15-year deal with Excelerate Energy to supply Bangladesh LNG
QatarEnergy and Excelerate Energy inked a 15-year LNG sale and purchase agreement on January 29 to supply LNG to Bangladesh.
Tellurian hires investment banker in effort to find equity partners for Driftwood LNG plant
US LNG developer Tellurian announced on January 25 that it has hired investment banker Lazard to support its quest to obtain investors and customers for its Driftwood LNG export terminal in Lake Charles, Louisiana.
Indonesia pursues bilateral investment treaty with Tanzania to safeguard expanding Pertamina operations
Indonesia is seeking a bilateral investment treaty with Tanzania, marking a step in light of state-owned oil firm Pertamina's expanding presence in the East African nation
T&T, SK E&S team up to propose LNG power plant for Quang Tri
A joint venture led by Vietnamese conglomerate T&T Group and South Korean energy giant SK E&S has proposed a $2.5bn LNG power plant project in Vietnam's Quang Tri province
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