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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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ADNOC finalises 15-year LNG supply deal with Petronas
Abu Dhabi National Oil Company has agreed to a 15-year sales and purchase agreement with Malaysia’s Petronas for 1mn tonnes per year of LNG.
Germany’s SEFE agrees to supply deal with Angola LNG
Berlin-headquartered gas importer Securing Energy for Europe (SEFE) has agreed to purchase 0.5mn of supply from Angola LNG on a medium-term contract.
Egypt signs ten-year agreement with New Fortress to lease floating gas unit
The Egyptian Natural Gas Holding Company (EGAS) has signed a ten-year agreement with New Fortress Energy (NFE) to lease a floating storage and regasification unit.
Japanese trading giant Mitsui, TotalEnergies aim to resume construction of $20bn LNG project in Mozambique
Indian Gas Exchange reports 12% decline in November trading volumes
The Indian Gas Exchange (IGX) reported a traded gas volume of 2.5 mmscm in November, reflecting a 12% year-on-year decline, according to its statement on December 4.
Pakistan delays LNG imports from Qatar to 2026 despite surplus
Pakistan has postponed a deal to procure liquefied natural gas (LNG) from Qatar by a year, with deliveries now scheduled for 2026 instead of 2025.
Fortis applies for environmental assessment for Tilbury Phase 2 LNG expansion project
Canadian natural gas utility Fortis BC has applied for an environmental assessment with British Columbia regulators for the Tilbury Phase 2 LNG expansion project.
Court dismisses suits against Zachry Industrial over fire at Freeport LNG terminal
A US court has thrown out two lawsuits by Allianz Global Risks US Insurance Co. against Zachry Industrial and its joint venture partners, which sought damages of $1.3bn stemming from a fire and explosion at the Freeport LNG terminal in Texas.
Poland’s Gdansk FSRU moves ahead with pipeline construction work
Poland’s transmission system operator Gaz-System has revealed that it has signed deals with construction contractors for all onshore gas pipelines required for the country’s first floating storage and regasification unit.
Argentina’s YPF enters into landmark floating LNG project with Golar LNG, Pan American Energy
Argentina's state energy firm YPF has entered into a landmark $3bn floating LNG project alongside Golar LNG and Pan American Energy, marking a significant expansion of the country's LNG export capabilities.
Inflationary pressures reducing competitiveness of US LNG, analysts say
New US LNG projects face inflationary concerns as the rising costs of constructing and equipping new facilities is lowering their competitiveness in the global market.
VTTI, Snam complete takeover of Adriatic LNG
Energy infrastructure firms VTTI and Snam have completed their acquisition of Italy’s largest LNG regasification terminal – the 9.6 bcm per year Adriatic LNG facility.
Harbour Energy acquires stake in Argentina's first LNG project
British energy firm Harbour Energy has acquired a 15% stake in Argentina's first LNG export project, which will feature a floating liquefaction vessel in Río Negro's San Matías Gulf.
China’s ship-building order sheet adds six new LNG dual-fuel PCTCs
Singapore-based Eastern Pacific Shipping (EPS) has ordered six new pure car and truck carriers (PCTCs) as part of its drive towards sustainability and fleet expansion. The vessels are all to be LNG dual-fuel powered.
Cyclone Remal inflicts $622mn in economic losses on Bangladesh
Cyclone Remal has inflicted approximately $622mn in economic losses and damages on Bangladesh, primarily due to the extended non-operation of one of its two floating storage and regasification units.
Guyanese government considering options for gas monetisation
Guyana's Vice President Dr Bharrat Jagdeo has outlined the government's multifaceted approach to gas monetisation, addressing concerns about the selection of US-based Fulcrum LNG in a tripartite arrangement with ExxonMobil Guyana Ltd.
Wood Mac study: Increase of US LNG required to reduce Asia’s rising coal use
Asia’s emissions from power generation will soar from increased coal use in the coming decades unless a substantial amount of new LNG supply from the US enters the market, a new study by energy consultant Wood Mackenzie has revealed.
NorthAmOil: Wood Mac study: Increase of US LNG required to reduce Asia’s rising coal use
Argentina's government advances expansion of major gas pipeline as RIGI initiative takes effect
Argentina's government is progressing with the expansion of the Perito Francisco Pascacio Moreno gas pipeline through a project proposed by Transportadora de Gas del Sur under the government’s Large Investment Incentive Regime.
Russia’s LNG exports rise nearly 5% against 2023
Russia’s LNG exports have risen 4.7% in the period from January to November compared to the same time last year.
YPF enters into landmark floating LNG project with Golar LNF and Pan American Energy
Argentina's state energy firm YPF has entered into a landmark $3bn floating LNG project alongside Golar LNG and Pan American Energy, marking a significant expansion of the country's LNG export capabilities.
Natural gas demand for LNG in the US hits near record levels amid cooler weather
Demand for natural gas for LNG processing reached near record levels on November 29 as colder temperatures and fewer outages spurred increased intake of natural gas feedstock.
Flipkart partners with GreenLine to boost sustainable logistics in India with LNG trucks
GreenLine Mobility Solutions has partnered with e-commerce company Flipkart to advance eco-friendly logistics operations by incorporating liquefied natural gas (LNG) trucks into Flipkart’s supply chain.
Jordan signs agreement to utilise Egypt's gas infrastructure over next two years
Jordan and Egypt signed an agreement to utilise Egypt's gas infrastructure, through which Jordan will use Egypt's floating storage and regasification units (FSRUs) over the next two years.
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