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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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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.
NorthAmOil: Wood Mac study: Increase of US LNG required to reduce Asia’s rising coal use
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.
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.
Last LNG carriers head back to Yamal as navigation through eastern NSR ends for this year
Navigation in the eastern sector of the Northern Sea Route for 2024 has concluded as the last LNG tankers from Yamal LNG return from China.
GLNG: Woodside’s CEO says it will add partners to Louisiana LNG project before March
Woodside’s CEO says it will add partners to Louisiana LNG project before March
Australia’s Woodside Energy plans to onboard several new partners as it sells a 50% stake in its Louisiana LNG project.
QatarEnergy signs long-term contract with Shell for delivery of LNG to China
QatarEnergy along with Shell have come to a long-term sales and purchase agreement for the delivery 3mn tonnes per year of LNG to China.
Russia starts stripping Germany's Linde of assets
Germany’s Linde, which ceased operations in Russia citing sanctions, has begun losing its assets in the country after failing to win a series of legal battles with Russian contractor RusKhimAlliance.
Nigeria looks to ramp up LNG production as TotalEnergies hints of sanctioning Ima gas project
French supermajor TotalEnergies hopes to approve the Ima gas project in Nigeria in 2025, breathing a breath of fresh air into the country’s struggling LNG sector, which has suffered from a lack of gas feedstock supply.
TotalEnergies to greenlight $750mn Nigerian gas project in 2025
Maharashtra to convert 5,000 diesel buses to LNG
The Maharashtra State Road Transport Corporation (MSRTC) plans to transform 5,000 diesel buses into liquefied natural gas (LNG) vehicles to lower fuel expenses and environmental impact.
GAIL pens charter deal for a new-build LNG carrier with K Line
GAIL has entered into a long-term charter agreement with Japan's Kawasaki Kisen Kaisha (K Line) via a ship-owning firm based in Singapore for a newly built LNG vessel.
Russia removes MET for hard-to-recover Yamal gas projects
Russian President Vladimir Putin has signed a law eliminating the mineral extraction tax (MET) on natural gas and gas condensate extracted from Achimov and Jurassic deposits on the Yamal Peninsula.
South Africa seeks LNG from Qatar as gas shortages loom
Brazil, Argentina companies sign deal with Bolivia's YPFB to pipe Vaca Muerta gas
Grupo Matrix Energia from Brazil and TotalEnergies' Argentine division have finalised their first agreement with Bolivia’s state-owned YPFB to transport gas from Argentina's vast Vaca Muerta shale formation.
Excelerate Energy supplies two LNG cargoes to Bangladesh in November
US-based Excelerate Energy delivered two liquefied natural gas (LNG) shipments to Bangladesh's state-run Petrobangla in November.
BP dishes out contracts for $7bn Tangguh LNG expansion in Indonesia
BP has awarded multi-billion contracts to Japanese engineering and construction giant JGC and a partnership between Italy’s Saipem and Jakarta-based Meindo Elang for its Tangguh LNG expansion project in Indonesia.
Swiss power producer Axpo ponders Japanese LNG investment
Axpo, a Baden-based power producer and trader, is reportedly exploring potential investments in Japan's electricity and LNG markets as the Northeast Asian country’s evolving power sector drives demand for hedging and spot LNG supply.
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