GLNG - Global LNG
Focus on Haynesville as Trump boosts prospects of US LNG
There are early signs that the Haynesville, the US gas basin in east Texas and Louisiana, is seeing more activity.
India's GAIL to receive Qatar LNG deliveries this month, plans more deals
India’s gas transmission and distribution company GAIL (India) is due to begin receiving Qatari LNG this month, marking the start of a new round of contracts designed to meet the country’s growing energy needs.
Bulgaria’s energy regulator lowers natural gas price for April by 14.3%
Bulgaria's energy and water regulatory body, KEVR, said it has approved a lower wholesale natural gas price of BGN75.08 (€38.4) per MWh for April, excluding transmission fees, excise tax and VAT, which is by 14.3% lower than in March.
Excelerate Energy buys New Fortress Energy’s Jamaican LNG assets
Houston-headquartered Excelerate Energy has agreed to buy New Fortress Energy’s LNG assets in Jamaica in a deal worth $1.1 bn.
ADNOC subsidiary XRG completes acquisition of Galp’s stake in Mozambique’s Rovuma Basin LNG projects
XRG, a wholly owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has completed its acquisition of Portuguese oil and gas company Galp Energia’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin.
Slow progress on sea trials delays Russia’s first domestically built LNG carrier
Russia’s first domestically constructed LNG carrier, the Arc7 ice-class tanker Alexey Kosygin has been delayed by prolonged sea trials.
Germany’s SEFE agrees to buy LNG from Delphin under 15-year deal
US LNG producer Delphin Midstream has signed a 15-year heads of agreement deal to supply 1.5mn tonnes per year of LNG to Berlin-headquartered Securing Energy for Europe.
GAIL India to start receiving LNG from Qatar in April under five-year deal
Indian state-owned gas utility GAIL (India) Ltd will start receiving LNG under a five-year, 12 cargoes per year deal from Qatar Energy Trading from April
Cracks appear in EU plan to adopt Japan-style LNG model
The European Union is in the midst of assessing whether to adopt a “Japanese model” of direct investment in LNG projects as the bloc grapples with high energy prices and low gas storage levels.
Venture Global requests FERC permission to start Calcasieu Pass
The US’s second-largest LNG producer Venture Global has requested approval from federal regulators to begin operations at the firm’s Calcasieu Pass LNG export terminal and its TransCameron pipeline project in Louisiana.
Shell targets 5% annual increase in LNG sales over next 5 years
Shell is aiming for a 4-5% annual increase in LNG sales over the next five years, stated the supermajor’s finance chief, Sinead Gorman.
Russian LPG exports to Afghanistan rise 52% amid EU sanctions
Russian liquefied petroleum gas (LPG) exports to Afghanistan have increased significantly over the past two months, reaching 71,000 tonnes - a 52% rise for the period.
Mumbai-based L&T wins major engineering contract from QatarEnergy LNG
Mumbai-based Larsen & Toubro Limited (L&T) has secured an “ultra mega” Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) from QatarEnergy LNG, the company said in a press release dated March 26
Vietnam to cut tariffs on US LNG, cars to ease trade surplus concerns
Vietnam will reduce tariffs on several US products, including liquefied natural gas and automobiles, as it seeks to address concerns over its large trade surplus with the United States, a finance ministry official said.
Gas Malaysia extends $1.5mn cash advance to joint venture with Tokyo Gas
Gas Malaysia Bhd has provided a MYR6.5mn ($1.5mn) cash advance to Gas Malaysia Energy Advance Sdn Bhd, a 66:34 joint venture with Tokyo Gas Engineering Solutions Corp, to enhance cash flow and optimise resource allocation within the group
SNPC presents Gas Master Plan at Congo Energy & Investment Forum in Brazzaville
The Republic of Congo’s national oil company SNPC has outlined its forthcoming Gas Master Plan (GMP) designed to serve as a roadmap to developing the country’s gas resources for domestic and export markets.
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