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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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RDIF, Gazprom to collaborate on domestic LNG development
The Russian Direct Investment Fund and state gas producer Gazprom’s LNG tech unit have agreed to collaborate on investing in small and medium-scale LNG production and infrastructure projects.
Bangladesh relaunches LNG imports on international spot market
Bangladesh has resumed its imports of LNG on the spot market after a two-month hiatus. In doing so the interim government in Dhaka has imposed a new set of procurement rules designed to enhance transparency in the selection of suppliers.
Jordan contracts FSU from BW Group for 10 years
Washington tightens sanctions screws on Russia's Arctic LNG-2
The US has ratcheted up pressure on Russia’s Arctic LNG-2 development further, announcing sanctions on September 5 on two companies and two vessels with ties to the project.
India pushes LNG adoption in heavy-duty vehicles to combat air pollution
India, home to some of the most polluted cities globally, is taking significant steps to reduce air pollution, one of which involves increasing the share of natural gas in its energy mix.
Kazakhstan’s QazaqGaz to purchase and deliver LPG to domestic market
Romanian-Syrian businessman takes over LPG terminal in Constanta
Developed in 2010, the terminal is a gateway for LPG imports through the Port of Constanta.
Pakistan planning to cut charges, taxes on imported LNG
The Pakistani government is planning to reduce charges and taxes on imported LNG in an effort to lower power tariffs
Pertamina and Tanzania's TPDC sign MoU to strengthen oil and gas collaboration
PT Pertamina (Persero), through its subsidiary PT Pertamina International EP (PIEP), has signed a Memorandum of Understanding (MoU) with Tanzania Petroleum Development Corporation (TPDC) to enhance cooperation in the oil and gas sector
LNG tankers face delays at Malaysia’s Bintulu terminal amid maintenance disruptions
A significant number of liquefied natural gas tankers are currently delayed at Malaysia's Bintulu terminal due to recent production disruptions caused by maintenance and operational issues, according to industry insiders and ship-tracking data.
Golden Pass LNG seeks three-year construction extension
Golden Pass LNG has asked the Federal Energy Regulatory Commission for a three-year extension to finish building its 18mn tonnes per year facility in Sabine Pass, Texas.
Vires Energy cancels Batangas FSRU terminal
Vires Energy Corp, a subsidiary of Filippino businessman Walter Brown’s A. Brown Co., is dropping its notice to proceed for an LNG terminal planned for Batangas in the Philippines.
EIA: LNG export capacity in North America on course to double by 2028
Export capacity of LNG is slated to more than double by 2028 from 2023 levels, the US Energy Information Administration predicts.
US greenlights Mexico’s Altamira LNG as first non-FTA permit since pause
Mexico’s Altamira LNG export facility has become the first terminal to be granted approval by the US Department of Energy to ship abroad LNG cargoes to countries that do not hold a Free Trade Agreement with the US since President Biden's pause.
Mexico Pacific secures 20-year LNG supply deal with South Korea’s POSCO
Mexico Pacific has sealed a 20-year supply deal with South Korean industrial giant POSCO to sell the company 0.7mn tonnes per year of LNG.
Mexican Amigo LNG secures key LNG supply deal with Oman’s OQ trading
Amigo LNG SA de CV, a Mexican subsidiary of Singapore’s LNG Alliance Pte Ltd, has finalised a binding Heads of Agreement (HOA) with OQ Trading (OQT), the trading division of Oman’s national energy company.
Turkey’s gas-hub-for-Europe ambition boosted by Shell LNG deal
Shell signs deal to supply LNG to BOTAS
Shell has signed a 10-year deal to supply LNG to BOTAS, beginning in 2027
Indonesian energy minister sets oil and gas production targets for 2025
The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, announced that the oil lifting target in the 2025 State Budget Plan (RAPBN) is set at approximately 600,000 barrels per day
Russian gas major Novatek to pay 1H24 dividend
The board of Russian natural gas major Novatek recommended a 1H24 dividend of RUB 35.5/share, Renaissance Capital wrote, estimating the dividend yield at 3.6%.
BP, EOG Resources to develop Coconut offshore Trinidad, Shell awards EPCI to McDermott for Manatee
BP Trinidad and Tobago and EOG Resources Trinidad Limited have announced a partnership to develop the Coconut gas field off the southeast coast of Trinidad in the Columbus Basin.
Political and security challenges delay development of major gas projects in Africa
Since the start of the Russia-Ukraine war in 2022, interest in Africa’s gas resources has surged. However, political and security challenges have delayed the development of major gas projects on the continent, according to analysts
Greece buys spot LNG cargo as renewables struggle in region
Greece has purchased a spot LNG cargo to be delivered to its Revithoussa terminal.
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