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Overview
With significant investment going into LNG export projects in the US, Australia and across Asia-Pacific and continued concerns about gas imports into Europe and Asia, LNG is expanding as a major sector of the global gas market that has attracted super-majors and independent companies alike.
With this in mind, success can be lost or guaranteed on the basis of accurate and timely information. GLNG offers readers a macro-view of international LNG news, divided by global region. GLNG is published on Thursdays and also incorporates an extensive News in Brief section. This includes detailed and up-to-date information as it breaks, from various sources across the world.
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Romania’s Neptun Deep project advances towards 2027 debut
Energy security for Romania and its Eastern European partners is due to see a noted improvement as momentum builds at Neptun Deep. Once in operation, the Black Sea project could become the largest gas producer in the European Union.
Bangladeshi government to increase LNG spot imports
The government of Bangladesh has opted to increase its intake of LNG with plans to import a total of 23 spot cargoes between January and June.
MidOcean Energy completes acquisition of SK Earthon's stake in Peru LNG
MidOcean Energy completes acquisition of SK Earthon's stake in Peru LNG, boosting South America's LNG export capacity
Asia likely to need more LNG for longer
Japan, South Korea and Taiwan are struggling to meet end-of-decade emissions targets as the pace of renewables development is not fast enough, argues Graeme Bethune, the chairman of Australian consultancy EnergyQuest.
TotalEnergies signs 10-year supply deal with Oman LNG, greenlights Marsa project
Oman LNG has signed a sales and purchase agreement with France’s TotalEnergies to supply the energy major with 800,000 tonnes per year of LNG the companies announced.
Equinor’s Hammerfest LNG shut down over gas leak
Norwegian energy major Equinor shut down and evacuated its Hammerfest LNG plant due to a gas leak that occurred during maintenance.
Shell, TotalEnergies and Mitsui eye stake in ADNOC’s Ruwais LNG plant
Two energy majors and a trading house are vying to purchase a stake in Abu Dhabi National Oil Co.’s Ruwais LNG plant.
GAIL planning to double the size of Dabhol LNG terminal near Mumbai
India’s state-owned natural gas company GAIL is reportedly intent on augmenting the capacity of its all-important LNG terminal at Dabhol, Maharashtra.
OQ and TotalEnergies sign deal for Marsa LNG bunkering facility
OQ and TotalEnergies have signed a $1.6bn investment deal to develop the Marsa LNG project at the Port of Sohar.
Production returns to Freeport LNG
Limited production has returned to Freeport LNG, the US’s second largest LNG export terminal, after six days of near zero gas flows last week.
EQT signs another tolling deal with Glenfarne’s Texas LNG
EQT, the US natural gas producer headquartered in Pittsburgh, announced that it has agreed to a second Heads of Agreement with Glenfarne’s planned Texas LNG plant to produce an additional 1.5mn tonnes per year of LNG in a 20-year tolling contract.
25 GOP governors call on Biden to lift LNG pause
A group of 25 Republican governors issued a statement on April 23 requesting President Biden to end the “reckless pause” on export approvals for new LNG projects.
EU’s 14th sanctions package could include LNG, shadow tanker fleet
The upcoming 14th sanction package of the European Union for Russia’s full-scale military invasion of Ukraine will be directed at Russia’s liquefied natural gas sector and shadow tanker fleet transporting Russian oil.
Scarcity & security: European impact of Biden's LNG decision
Biden’s LNG freeze make little sense for both European and the US energy security, and won’t promote a green energy transition.
Mexican billionaire Carlos Slim takes over Lakach gas field from Pemex
Grupo Carso, owned by Mexican tycoon Carlos Slim, has taken control of the Lakach natural gas field in the Gulf of Mexico, displacing the national oil company (NOC) Pemex after it and New Fortres Energy joint venture to run the field fell through.
Europe unlikely to tackle Russian LNG imports anytime soon
The European Parliament voted in favour of rules earlier this month that would enable individual EU member states to block Russian LNG imports, by preventing Russian companies from booking capacity at gas infrastructure.
Egypt to halts LNG exports from May, say government sources
The Egyptian government will halt liquefied natural gas shipments starting from May, to ensure high demand by businesses and households during the summer is met.
Brazil's LNG competitiveness tightens as prices converge with Europe and the Mediterranean
The competitive landscape for liquefied natural gas (LNG) in Brazil is undergoing a shift as prices align more closely with those in Europe and the Mediterranean, despite an anticipated surge in imports this month.
New Fortress Energy signs EPC contract for Brazilian LNG power plant
New Fortress Energy (NFE) has finalised an Engineering, Procurement, and Construction (EPC) contract with a consortium comprising Mitsubishi Power Americas and Andrade Gutierrez for the construction of a 1.6 GW power plant.
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