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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.
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FortisBC scales back Tilbury LNG expansion plan
Canada’s FortisBC has filed a detailed project description for the Phase 2 expansion at its small-scale Tilbury LNG facility with regulatory authorities, scaling back capacity from prior plans.
Morgan Stanley warns of further gas, LNG price volatility risk
Investment bank Morgan Stanley warned this week that low inventories and the imminent arrival of the winter heating season leave room for further upside volatility for gas and LNG prices.
AES expands LNG footprint in Panama
US-based AES has bought out its minority partner in AES Colón, the operator of a natural gas complex on Telfers Island, near the Atlantic end of the Panama Canal.
Major LNG-to-power JV commissions its first TPP in Açu
Gas Natural Açu, a joint venture formed to execute Latin America’s largest LNG-to-power project, has successfully commissioned the first thermal power plant within its Açu Gas Hub complex in Rio de Janeiro State.
New Fortress battles to advance LNG plans
New Fortress Energy is running into regulatory issues and environmental opposition to its LNG plans in both the US and Puerto Rico.
Vietnam sets date for first LNG imports
The country is banking on foreign supplies of the cleaner burning fuel to underpin both economic expansion as well as its decarbonisation.
DNG Energy, Imperial Logistics unveil plan for pilot LNG project
DNG Energy of South Africa has teamed up with Imperial Logistics, another local company, for a pilot project that will test the use of LNG as an alternative to diesel in the transport sector.
GLNG: Gazprom pushes forward with $13bn Baltic LNG project
Russian gas supplier Gazprom has awarded an engineering procurement and construction contract for the $13bn LNG complex it is developing on the Baltic Sea.
Poland not to prolong gas supply with Gazprom
Novatek snaps up two more Arctic fields
Gazprom pushes forward with $13bn Baltic LNG project
Russian investment in Zvornik worth BAM75mn
NFE, Norsk Hydro finalise terms for Brazilian refinery LNG supply deal
New Fortress Energy (NFE) has announced this week that it has finalised the commercial terms of a deal with a Norsk Hydro subsidiary to supply natural gas to the Alunorte alumina refinery in Pará, Brazil.
Golden Pass LNG aims for 2024 start-up
The first train at the Golden Pass LNG terminal, which is under construction in Texas, is scheduled to enter service in 2024.
Demand for carbon-neutral LNG grows amid growing criticism
Demand for carbon-neutral LNG is rising, but critics are increasingly arguing that using carbon offsets is not an effective way to combat climate change.
Cheniere unveils long-term capital allocation plan
US LNG producer Cheniere Energy said this week that its board of directors has approved a long-term capital allocation plan.
Upside on shares of Russia's Novatek seen limited by gas price rally
Sasol, CEF sign MoU on development of domestic gas sector
South Africa’s Sasol has teamed up with Central Energy Fund (CEF), a government-run developer of energy solutions, to expand the domestic natural gas sector.
GNL Quintero and partners moving ahead with green hydrogen project
The backers of a green hydrogen project in Chile are said to have already arranged to sell more than half of their initial production.
Indian firms reportedly in talks over Arctic LNG 2 stake acquisition
Two Indian companies, Petronet LNG and ONGC Videsh Ltd (OVL), are reportedly in discussions about buying a stake in Russia’s Arctic LNG 2 project, which is being developed by Novatek.
GLNG: Indian firms reportedly in talks over Arctic LNG 2 stake
Two Indian companies, Petronet LNG and ONGC Videsh Ltd (OVL), are reportedly in discussions about buying a stake in Russia’s Arctic LNG 2 project, which is being developed by Novatek.
Indonesia approves Tangguh LNG expansion, CCUS plan
Indonesia’s oil and gas regulator has approved BP-led plans for Tangguh LNG, which involve the development of the Ubadari natural gas field and a carbon capture project at Vorwata.
Energy Ministry not sure if Trinidad and Tobago can reverse decline in LNG output
The Energy Ministry of Trinidad and Tobago has indicated that it is not certain whether the country can reverse the decline in its LNG output over the next few years.
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