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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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French TotalEnergies exits Russian Arctic LNG 2, retains $1.3bn loan claim
French energy major TotalEnergies (TTE) completed the transfer of its 10% stake in Russia’s Arctic LNG 2 project to NordLine, a subsidiary of Russia’s largest independent gas producer Novatek (NVTK).
Australia's Gladestone LNG partners snap up Greater Meridian coal seem gas project for $310mn
Shell’s Aphrodite pause exposes Trinidad’s gas pricing problem
Shell’s decision to pause Aphrodite highlights Trinidad and Tobago’s wider gas dilemma: declining domestic production is colliding with difficult pricing and offtake negotiations just as the country seeks new supply from Venezuela.
JPMorgan and Santander lead up to $15bn financing talks for Argentina LNG
JPMorgan Chase and Banco Santander are leading financing discussions for Argentina LNG, a $24bn project led by state-controlled YPF to liquefy and export shale gas, with the banks seeking to arrange about $14bn to $15bn alongside other lenders.
Tanzania advances first small-scale LNG project
The agreement is a key step towards a final investment decision (FID), with commercial operations targeted for 2027.
TT wins tank design order for two Tsakos LNG carriers
French LNG containment specialist GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering to design the tanks for two new LNG carriers being built by South Korea's HD Hyundai Heavy Industries.
Ebara Elliott, Doosan to develop LNG compression technology
Ebara Elliott Energy and South Korea's Doosan Enerbility have agreed to jointly develop gas turbine-driven centrifugal compressors for LNG plants, targeting commercial availability from early 2028.
GAIL, DPA and DNV team up on LNG bunkering at Kandla
The agreement will cover the development of LNG bunkering infrastructure and supply chains, as well as the safety framework and operating systems needed to support LNG-fuelled vessels calling at the port.
Mozambique’s gas sector development shifts from potential to project delivery, says AEC
Mozambique’s gas sector is entering a new phase as major LNG projects restart or move towards investment decisions, while the government seeks to use domestic gas supplies to expand electricity access and support industrial development.
Papua LNG on track for FID by end of year
Papua New Guinea’s Papua LNG project is on schedule for a final investment decision to be taken before the end of 2026.
South Korea’s Hanwha Aerospace expands US LNG operations
South Korean defence group Hanwha Aerospace Co. (012450.KS) will establish a US subsidiary to manage its liquefied natural gas (LNG) operations as it builds out its global energy supply chain, the company announced on August 25.
Gladstone LNG partners acquire Australia’s Meridian Coal Seam Gas project
Gladstone LNG joint venture partners have agreed to acquire the Greater Meridian Coal Seam Gas project from from Westside Corporation and Mitsui E&P Australia.
Greek group Corinth Pipeworks wins $250mn pipe contract at Mozambican gas project
Corinth Pipeworks has won a $200mn-$250mn contract to supply line pipe for Mozambique’s Rovuma LNG Phase 1 project, strengthening the Greek manufacturer’s position in the offshore energy infrastructure market.
White & Case selected to advise financing for Dominican Republic’s Manzanillo LNG project
The Dominican Republic’s Manzanillo LNG-to-power project has selected global law firm White & Case to advise lead arrangers and joint structuring agents Citibank and JPMorgan Chase on the $900 mn project.
Bangladesh’s gas shortage falls with increased LNG supply to grid
Bangladesh’s gas shortage has eased following supply of LNG from two floating LNG terminals in Cox’s Bazar in the southwest of the country.
Mozambique’s Rovuma LNG selects Corinth Pipeworks for offshore contract
ExxonMobil and its partners have chosen Corinth Pipeworks to supply line pipe for Phase One of its Rovuma LNG project in northern Mozambique.
Canada’s proposed Churchill LNG export terminal estimated to cost $80 billion
Studies reveal ice class tankers can navigate Hudson Bay but will require an offshore terminal.
EU downplays gas storage risks ahead of winter
The European Commission has played down concerns over the EU's low gas storage levels, saying there is no immediate threat to security of supply this winter despite inventories remaining well below last year's levels.
ASP Isotopes begins commissioning South African helium plant ahead of September shipments
ASP Isotopes (Nasdaq: ASPI; JSE: ISO) has begun commissioning the liquid-helium facility at its Virginia Gas Project in South Africa’s Free State province, with the first commercial shipments expected in September.
Japan’s Namura considers new large dock in Saga
Namura Shipbuilding plans to join a public-private investment project aimed at restarting domestic construction of LNG carriers.
Hilli Episeyo cleared for Argentina LNG project after eight years offshore Cameroon
Golar LNG's Hilli Episeyo floating liquefied natural gas (FLNG) unit has completed its disconnection from the Kribi field offshore Cameroon after eight years of operations, clearing the vessel to move towards its next assignment.
Chinese LNG imports rebound in July amid eased Middle Eastern disruptions
China's LNG imports increased year on year in July as buying continued to recover from the sharp downturn earlier this year, although imports remained lower over the first seven months as a whole.
Woodside plans ninth infill well at Australia's Pluto gas field
Australian oil and gas major Woodside Energy is planning a ninth infill production well at the Pluto gas field offshore Western Australia as it seeks to maximise output from the mature asset and make fuller use of processing capacity at Pluto LNG.
Canada revives plan to build LNG project in Quebec
First Nations group Kino Aski and Marinvest Energy Canada are reviving plans to build a major LNG project in Quebec.
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