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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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EU may stall Russian energy phase-out amid high prices, fear of overreliance on US LNG
The EU may fear the Trump administration could weaponise gas supply just as the Kremlin has.
South Africa's first onshore LNG producer Renergen ups output by 22%
South Africa’s first liquefied natural gas (LNG) producer, Renergen has reported a 21.97% increase in output to 1,371 tonnes (t) from the previous quarter's production of 1,124t.
EU LNG imports rise 17% in March
LNG deliveries from European import terminals to the EU gas grid surged to an all-time high of 12.7 bcm in March.
Vietnam plans import tax cut for LNG
Vietnam's Ministry of Finance is drafting a decree on a preferential import tax for certain products, including a proposal to reduce the import tax rate on LNG to 2%.
Focus on Haynesville as Trump boosts prospects of US LNG
There are early signs that the Haynesville, the US gas basin in east Texas and Louisiana, is seeing more activity.
India's GAIL to receive Qatar LNG deliveries this month, plans more deals
India’s gas transmission and distribution company GAIL (India) is due to begin receiving Qatari LNG this month, marking the start of a new round of contracts designed to meet the country’s growing energy needs.
Bulgaria’s energy regulator lowers natural gas price for April by 14.3%
Bulgaria's energy and water regulatory body, KEVR, said it has approved a lower wholesale natural gas price of BGN75.08 (€38.4) per MWh for April, excluding transmission fees, excise tax and VAT, which is by 14.3% lower than in March.
Excelerate Energy buys New Fortress Energy’s Jamaican LNG assets
Houston-headquartered Excelerate Energy has agreed to buy New Fortress Energy’s LNG assets in Jamaica in a deal worth $1.1 bn.
ADNOC subsidiary XRG completes acquisition of Galp’s stake in Mozambique’s Rovuma Basin LNG projects
XRG, a wholly owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has completed its acquisition of Portuguese oil and gas company Galp Energia’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin.
Slow progress on sea trials delays Russia’s first domestically built LNG carrier
Russia’s first domestically constructed LNG carrier, the Arc7 ice-class tanker Alexey Kosygin has been delayed by prolonged sea trials.
Germany’s SEFE agrees to buy LNG from Delphin under 15-year deal
US LNG producer Delphin Midstream has signed a 15-year heads of agreement deal to supply 1.5mn tonnes per year of LNG to Berlin-headquartered Securing Energy for Europe.
GAIL India to start receiving LNG from Qatar in April under five-year deal
Indian state-owned gas utility GAIL (India) Ltd will start receiving LNG under a five-year, 12 cargoes per year deal from Qatar Energy Trading from April
Cracks appear in EU plan to adopt Japan-style LNG model
The European Union is in the midst of assessing whether to adopt a “Japanese model” of direct investment in LNG projects as the bloc grapples with high energy prices and low gas storage levels.
Venture Global requests FERC permission to start Calcasieu Pass
The US’s second-largest LNG producer Venture Global has requested approval from federal regulators to begin operations at the firm’s Calcasieu Pass LNG export terminal and its TransCameron pipeline project in Louisiana.
Shell targets 5% annual increase in LNG sales over next 5 years
Shell is aiming for a 4-5% annual increase in LNG sales over the next five years, stated the supermajor’s finance chief, Sinead Gorman.
Russian LPG exports to Afghanistan rise 52% amid EU sanctions
Russian liquefied petroleum gas (LPG) exports to Afghanistan have increased significantly over the past two months, reaching 71,000 tonnes - a 52% rise for the period.
Mumbai-based L&T wins major engineering contract from QatarEnergy LNG
Mumbai-based Larsen & Toubro Limited (L&T) has secured an “ultra mega” Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) from QatarEnergy LNG, the company said in a press release dated March 26
Vietnam to cut tariffs on US LNG, cars to ease trade surplus concerns
Vietnam will reduce tariffs on several US products, including liquefied natural gas and automobiles, as it seeks to address concerns over its large trade surplus with the United States, a finance ministry official said.
Gas Malaysia extends $1.5mn cash advance to joint venture with Tokyo Gas
Gas Malaysia Bhd has provided a MYR6.5mn ($1.5mn) cash advance to Gas Malaysia Energy Advance Sdn Bhd, a 66:34 joint venture with Tokyo Gas Engineering Solutions Corp, to enhance cash flow and optimise resource allocation within the group
SNPC presents Gas Master Plan at Congo Energy & Investment Forum in Brazzaville
The Republic of Congo’s national oil company SNPC has outlined its forthcoming Gas Master Plan (GMP) designed to serve as a roadmap to developing the country’s gas resources for domestic and export markets.
Australian energy market operator warns of sooner gas shortfall in the south
Australia’s energy market operator has revised its outlook to flag potential seasonal gas shortfalls in southern Australia from 2028
Woodside strikes 15-year LNG deal with China Resources Gas
Woodside Energy has signed a 15-year deal to supply LNG to China Resources Gas International, marking the Australian firm’s fourth long-term LNG deal in Asia since the start of 2024.
Golar LNG signs financial lease deals with Chinese investors for FLNG
Golar LNG has signed finance lease agreements with a group of Chinese leasing firms to refinance the existing debt facility on its Gimi FLNG vessel.
Australian opposition vows to fast-track NWS LNG extension
Australia’s opposition Coalition has vowed to fast-track a federal decision on extending the operating life of the 14.4mn tonne per year North West Shelf LNG project.
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