GLNG - Global LNG

Bosnia, Croatia aim to sign gas link deal by end-April, Čović says

Bosnia & Herzegovina and Croatia could sign an agreement on a new gas interconnection by the end of April, a senior Bosnian Croat leader said.

Morocco faces gas supply disruptions, turns to coal to meet power demand

Morocco has experienced sharp disruptions in gas supplies in recent days after flows via Spain were halted for four consecutive days

Egypt and Cyprus sign gas framework deal to boost energy cooperation

Egypt and Cyprus signed a framework agreement on March 30 to strengthen cooperation in the gas sector

Cyclone shuts down Australian LNG plants further squeezing supply

Around 8% of the world’s LNG supply was disrupted by cyclone Narelle off the western coast of Australia.

India, Russia eyes resumed LNG trade

India and Russia are preparing to resume direct LNG supplies for the first time since the start of the war in Ukraine.

European gas stocks continue to dwindle despite warm weather

European gas inventories continue to deplete despite warmer weather, as countries and companies seek to cushion themselves from soaring prices on the spot market.

Venture Global reaches settlement with Edison over Calcasieu Pass cargo deliveries

US LNG giant Venture Global has come to a settlement agreement with Italy’s Edison of the pending arbitration case concerning Venture Global’s failure to deliver cargoes from its Calcasieu Pass plant.

Algeria restores friendship treaty with Spain, boosts gas supplies

Bulgaria backs EU deal on Vertical Gas Corridor to secure regional gas supplies

Operators of the Vertical Gas Corridor have agreed with the European Commission on a long-term framework to secure reliable gas supplies to Southeastern Europe.

African LNG projects emerging as critical solution to Europe’s energy needs

Amid current global geopolitical shocks with escalating tensions in the Middle East, European buyers are seeking alternative gas supplies, which could bring much-needed energy security to Europe.

Colombia gas import dependence raises midstream infrastructure strategic value, Fitch says

Colombia's declining domestic gas production and increased LNG import reliance have elevated midstream infrastructure's strategic importance whilst regulated pass-through mechanisms support stable credit profiles

Middle East conflict drives LNG traffic surge through Panama Canal

Venture Global, Vitol sign LNG offtake agreement

US LNG producer Venture Global and commodity trader Vitol have signed a new binding five-year LNG offtake agreement.

Coastal GasLink, LNG Canada sign agreement ahead of potential second phase

Pipeline operator TC Energy's Coastal GasLink unit has entered into commercial agreements with LNG Canada ahead of a potential second phase for both projects.

TotalEnergies to redirect capital from US offshore wind to oil and gas

TotalEnergies has struck a deal with the Trump administration to abandon its US offshore wind leases and redirect recovered lease fees to fossil fuel projects.

Italy, Spain race to secure Algerian gas amid Middle East crisis

Italian PM Giorgia Meloni is seeking to boost gas flows from Algeria, as Italy, along with Spain, competes to secure alternative energy supplies from North Africa, following disruptions in Middle Eastern exports

Dutch gas reserves slump to lowest level since 2018

The Netherlands’ gas in storage has dropped to its lowest level in eight years, as Europe continues withdrawing stockpiles despite warmer weather.

South Korea faces LNG price volatility after Qatar halt

Colombia’s gas import dependence deepens as supply gaps loom

Colombia is set to deepen its reliance on imported natural gas as declining domestic output and delayed upstream projects tighten supply

North Macedonia’s PM promotes regional energy initiative to attract large-scale investment

Bosnia weighs US LNG imports via Croatia’s Krk terminal

Bosnia & Herzegovina is considering importing US liquefied natural gas via Krk LNG terminal in neighbouring Croatia, as part of efforts to strengthen energy security and diversify supply, the United States embassy in Bosnia said.

Chile gas system insulated from global shocks by LNG contracts and regional supply mix

Chile’s natural gas market is showing resilience to global energy volatility, supported by long-term pricing structures and diversified import channels that are cushioning the impact of geopolitical tensions abroad.

Losers and winners from the Qatari LNG disruption

While European and Asian importers have been hit hard by the disruption in Qatari LNG to varying degrees, the crisis has both short- and long-term benefits for US exporters and other LNG competitors.

Iran tells ‘non-hostile vessels’ they can pass through Strait

Tehran has formally notified the International Maritime Organization (IMO) that “non-hostile vessels” may now navigate the Strait of Hormuz, provided they act “in co-ordination with Iranian authorities”.

Egypt plans LNG imports worth up to $3bn ahead of summer demand

Egypt’s Ministry of Petroleum and Mineral Resources is currently studying a plan to import around 45 liquefied natural gas (LNG) cargoes at an estimated cost of between $2.5bn and $3bn.