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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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Diversified announced gas supply agreement for LNG facility
Diversified Energy announced on October 23 that it had executed an agreement to supply natural gas to a “major” unnamed Gulf Coast LNG export facility.
Energy Transfer selects KBR, Technip to build Lake Charles LNG
Energy Transfer has selected a consortium comprising KBR and Technip Energies as the engineering, procurement and construction contractors for its proposed Lake Charles LNG export project.
Pampa Energia mulling multbillion-dollar LNG plant in Argentina
Pampa Energía, one of Argentina's leading energy producers, is set to make a crucial decision within three months regarding its participation in a major LNG plant partnership as economic deregulation acceleratea offshore development.
YPF boosts Vaca Muerta export capacity in latest project
Argentina’s national oil company, YPF, has announced the completion of the final phase of its Vaca Muerta Norte project, marking a significant expansion in the country’s oil transportation capabilities.
Peru's gas reserves plummet 46% in a decade
Peru’s proven natural gas reserves have alarmingly decreased by 46% over the last decade, now only sufficient for approximately 15 years of domestic consumption.
Singapore prepares to open a second LNG import facility
Singapore LNG chief executive, Leong Wei Hung has revealed that the company is intent on opening a second LNG import facility on the island nation.
Russia begins designing nuclear-powered submarines to transport LNG from Arctic
Russia has unveiled plans to commence designing nuclear-powered submarines to ship LNG from its Arctic facilities to customers in Asia.
Venture Global tells Edison it must wait until April for delivery of LNG cargoes
US LNG upstart Venture Global has notified its European foundation customer Edison that contracted LNG cargo deliveries will be delayed until April 2025.
Belgium calls for EU-wide tracking system of Russian LNG
Belgium’s energy minister Tinne Van der Straeten has suggested the creation of an EU-wide tracking system for Russian LNG.
Egypt to transport LNG through Greece’s new FSRU terminal
State-owned Egyptian Natural Gas Holding Company will ship its LNG through Greece’s newly commissioned Alexandrouppolis floating storage and regasification unit.
Novatek gas sales down 2.3% in 9M 2024
Natural gas sales at Russia’s Novatek were down 2.3% year on year at 56.16bn cubic metres in January through September, as the company continues its search for buyers for LNG from the sanctioned Arctic LNG-2 project.
Cheniere’s Corpus Christi expansion project gets key federal approval
US LNG producer Cheniere Energy has been granted authorisation by federal regulators to open operation of a supply line for its Corpus Christi Stage 3 LNG plant in Texas.
Russian gas supply to China could reach 85 bcm by 2030, says Gazprombank
Russian gas pipeline and LNG exports to China could reach 85bn cubic metres by 2030, according to analysts from Gazprombank’s Centre for Economic Forecasting (CEP).
Ecuador greenlights new LNG terminal project
Ecuador's hydrocarbons regulator (Arch) has granted approval to domestic firm Pacific Terminal for the construction of a liquefied natural gas (LNG) import and storage facility in Monteverde, Guayas province.
Royal Group breaks ground on 900 MW LNG power plant
Japan diversifies LNG supply
As Japan faces an impending supply glut, the nation is strategically exploring alternative liquefied natural gas (LNG) sources in Africa while consolidating its traditional supply chains in the Asia-Pacific region
Indian LNG imports jump 12.4% in September
India's LNG imports in September came in at 2.9bn cubic metres, up 12.4% year-on-year (y/y), according to provisional data released on October 16 by the Petroleum Planning and Analysis Cell (PPAC) of the Indian Ministry of Petroleum and Natural Gas.
New Fortress Energy’s Altamira LNG plant in Mexico exports first cargo to the Netherlands
US LNG developer New Fortress Energy has delivered its first LNG cargo to Holland’s Gate terminal from its Altamira LNG plant located in Mexico.
Russia to seek €1bn damages from Shell for Sakhalin pullout
The Russian Prosecutor General's Office has demanded to recover more than €1bn in damages from the Dutch-British oil major Shell.
Bulgaria approves energy partnership with Oman
Bulgaria’s government approved on October 15 a cooperation agreement with Oman on the global market of LNG, investments in renewable energy projects and sources for electricity storage, it said in a statement after its regular session.
South Korea’s KOGAS and Singapore’s EMA sign MoU on joint LNG purchases
South Korean state-owned Korea Gas Corp. and Singapore’s Energy Market Authority will examine the possibility of making joint purchases of LNG and collaboration possibilities in chartering and operating LNG vessels.
Bangladesh seeks more investments from the US
Bangladesh is seeking increased investment from the US, with the country's Chief Adviser, Professor Muhammad Yunus, stating that his government has implemented measures to attract foreign direct investment (FDI).
Japan pursues policies for emission reductions with ASEAN, foreign partners
During the last month, Japan has entered new agreements and programmes designed to reduce carbon dioxide emissions in line with policies approved by the government through its Green Growth Strategy launched in October 2020.
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