GLNG - Global LNG
Sanctioned Russian maritime major SovComFlot allowed not to pay dividends
The Russian government has instructed the Finance Ministry, Transport Ministry, and Federal Agency for State Property Management (RosImushchestvo) to exclude state-controlled maritime major SovComFlot from dividend payments on 2024 results.
EU adopts 17th sanctions package against Russia, targeting oil industry
The EU has adopted its 17th sanctions package against Russia on March 20, intensifying pressure on Moscow's oil and gas industry in particular.
Shares of South African helium, LNG producer Renergen surge on news of acquisition offer
Renergen, South Africa’s first integrated producer of liquefied helium and liquefied natural gas (LNG) saw its share price surging by more than 78% on May 20, following an announcement of its potential acquisition by ASP Isotopes.
Badak LNG and INPEX Masela forge LNG partnership to boost Indonesia’s gas sector
Badak LNG, has signed a Memorandum of Understanding (MoU) with INPEX Masela Ltd., the Indonesian arm of Japan’s INPEX Corporation, to explore strategic collaboration in advancing Indonesia’s liquefied natural gas
India's Petronet LNG posts highest-ever annual profit
India’s biggest LNG importer Petronet LNG has reported its highest-ever profit after tax (PAT) of INR39.26bn ($460mn) for the financial year ended March 31, 2025
Putin orders completion of pipeline to Murmansk by 2030
The Volkhov-Murmansk pipeline will not only provide gas supply to Russia’s far northern city of Murmansk and the surrounding order, but it will also play a critical role in providing gas feedstock for Novatek’s proposed Murmansk LNG plant.
Chinese firm eyes small-scale LNG plant in Russian Far East
A subsidiary of China’s Zhongyu Xinxing Energy Industry Corp. plans to construct a small-scale liquefied natural gas plant in Russia’s Khabarovsk region.
Novatek reportedly starts up Arctic LNG-2's second train
Russia’s Novatek has commissioned the second liquefaction train at its Arctic LNG-2 project, Reuters and Bloomberg reported on May 20, citing sources familiar with the development.
TotalEnergies agrees to 20-year LNG purchase deal with Canada’s Ksi Lisims
Canada’s fledgling LNG sector has scored another win, with the proposed Ksi Lisims LNG project taking a key step forward after the announcement on May 19 of a 20-year offtake agreement with TotalEnergies.
DOE completes LNG study, signalling restart of non-FTA export permits
The US Department of Energy released its final study on the impact of additional LNG exports, ending the temporary pause on approval permits for new projects exporting to non-Free Trade Agreement countries.
TotalEnergies to request lifting of force majeure for Mozambique LNG
French supermajor TotalEnergies’ CEO Patrick Pouyanne will ask Maputo to lift force majeure on its stalled Mozambique LNG project.
European gas output dips to four-year low in Q1
European natural gas production, including output from Norway, the UK and Turkey, declined by 8% year on year to 47.7bn cubic metres in the first quarter of 2025.
Argentina's Río Negro province signs historic pipeline agreement with Vaca Muerta consortium
Río Negro Governor Alberto Weretilneck has signed a landmark agreement with the VMOS consortium that aims to transform the Argentine province's economic landscape through the development of the Vaca Muerta Sur project.
Oman LNG signs sales and purchase agreement with Vitol
State-run Oman LNG has signed a sales and purchase agreement with Swiss-based Dutch multinational energy and commodity trader Vitol.
Taiwan shuts down final nuclear reactor, pivots to LNG
Taiwan is looking to ramp up purchases of LNG cargoes on the spot market after the island shut down its final nuclear reactor.
Hanwha Energy affirms commitment to Vietnam’s LNG-to-power sector
Hanwha Energy is already a key player in the 1.5-GW Hai Lang LNG power project in Quang Tri Province, a development valued at approximately $2.3bn.
Japan’s top refiners scale back green energy plans as costs and energy security concerns soar
This cautious repositioning also includes a pivot towards LNG, with Eneos planning to strengthen and expand its LNG operations. Demand for LNG, the company believes, will likely continue to rise until around 2040.
Japan under pressure from US over investment in Alaska LNG pipeline
Japan’s participation in the $44bn initiative remains far from assured. Concerns persist within the energy sector over both the commercial feasibility and the long-term viability of the pipeline.
Petronas and Petros move toward profit-sharing deal in Sarawak gas dispute resolution
Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are nearing a profit-sharing arrangement to resolve a long-standing dispute over gas distribution control in Sarawak, according to insights from Kenanga Research
India’s LNG imports rise 21% in April
India’s liquefied natural gas (LNG) imports rose sharply in April 2025, reaching 3.03bn cubic metres (bcm), up 21.3% year-on-year, according to provisional figures from the Petroleum Planning and Analysis Cell (PPAC)
COMMENT: Europe must choose either to accept 15% of Russian gas supplies or zero
The European Commission on May 6 unveiled a brief roadmap outlining how it plans to achieve the EU objective of eliminating all remaining Russian energy imports by 2027.
Egypt examines LNG supply offers from Saudi Aramco, UAE’s Adnoc, Algeria’s Sonatrach, and QatarEnergy
Egypt's state-owned gas company EGAS has received several offers to supply liquefied natural gas (LNG) shipments urgently needed for summer.
Kazakhstan boosts oil refinery output by 10.8% in first four months of 2025
Kazakhstan’s oil refineries processed 6.092mn tonnes of crude oil between January and April, reflecting a 10.8% y/y increase.
Focus on strategic gas monetisation at Invest in African Energy 2025 forum
At the start of the Invest in African Energy (IAE) forum in Paris, African energy leaders called for stronger regional cooperation, smarter use of gas resources, and better local development policies.
Eni boosts Indonesian gas output with Merakes East start-up
Italian energy giant Eni has commenced gas production from the Merakes East field in Indonesia's offshore Kutei Basin, further strengthening its foothold in Southeast Asia’s energy market
Woodside explores Aramco collaboration, potential stake in $17.5bn US LNG project
Shares in Woodside, Australia's largest gas producer, jumped nearly 4% following the announcement. The agreement also includes the possibility for Aramco to secure future LNG supplies from the facility.
Mexico's Pemex eyes LNG plants for southern states of Oaxaca, Veracruz
Mexican state oil company Pemex is evaluating liquefied natural gas projects at two locations to support southeastern regional development and reduce import dependence, a company adviser said.
Russia in talks to build liquefied natural gas terminals in Egypt
The Egyptian government is reportedly in talks with Russia to build liquefied natural gas (LNG) terminals in Egypt.
TNB and Malakoff poised to gain from Malaysia’s first gas plant tender in nearly a decade
Tenaga Nasional Bhd (TNB) and Malakoff Corp Bhd are expected to emerge as key beneficiaries of Malaysia’s first gas-fired power plant tender in nine years, amid soaring electricity demand driven by rapid data centre growth
YPF to make FID on second FLNG vessel for Argentina
A final investment decision on a planned second floating LNG vessel for Argentina's Río Negro province is expected next quarter, national oil company YPF announced during its Q1 results call.
US New Fortress Energy secures multi-year FSRU charter to bolster Dominican Republic LNG supply
New Fortress Energy has finalised a three-year charter for the floating storage and regasification unit Energos Freeze, to be stationed at Energía 2000’s LNG terminal in the Dominican Republic, commencing operations from September 2025.
African energy ministers convene to explore financing strategies at Invest in African Energy 2025 forum
African energy ministers are meeting at the Invest in African Energy (IAE) 2025 conference focused on unlocking finance for energy projects across the continent.
Petronas-Petros gas pact set to cement Sarawak’s role in LNG supply chain
An agreement on natural gas management between Malaysia’s national oil company Petronas and Sarawak’s state-owned Petroleum Sarawak Bhd (Petros) is expected to be announced imminently, Sarawak Premier Tan Sri Abang Johari Tun Openg confirmed
GAIL India receives five proposals for US LNG stake, long-term supply deals
State-owned gas importer GAIL (India) Ltd has received five proposals from US companies offering equity participation in liquefied natural gas (LNG) projects, each tied to long-term supply agreements
Venture Global’s CP2 gets environmental approval, FID expected mid-year
US LNG giant Venture Global’s Calcasieu Pass 2 project has been given the go-ahead from federal regulators in a final environmental report for the megaproject.
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