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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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Mexico Pacific set to transform energy landscape with major LNG investment
Mexico Pacific is gearing up for a significant investment decision in 2025 regarding its Saguaro Energía LNG project on the Pacific Coast.
YPF creates subsidiary Argentina LNG
Argentine national oil company YPF has established Argentina LNG, a new subsidiary aimed at developing a liquefied natural gas plant in Río Negro to capitalise on the vast reserves of the Vaca Muerta's shale formation.
NorthAmOil: US elections could have impact on global LNG markets
US elections could have impact on global LNG markets
The US election is in its final few days, and Vice President Kamala Harris and ex-President Donand Trump have been in a razor-edge race. The vote, for the US president and much of Congress, is on November 5.
Argentina seeks to become net energy exporter buoyed by Vaca Muerta
Argentina is edging toward becoming a net energy exporter as the Vaca Muerta shale formation attracts rising investor interest. It is the world's fourth-largest shale oil deposit and the second-largest shale gas resource.
Sunda delays Chuditch-2 well off Timor-Leste
AIM-quoted upstream operator Sunda Energy, focused on gas assets in Southeast Asia, has postponed the start of drilling operations for the Chuditch-2 appraisal well off Timor-Leste to the second quarter of 2025.
AG&P buys take in Australian LNG import project developer
Singaporean firm AG&P LNG has reached an agreement to acquire Venice Energy, an Australian LNG import terminal developer operating the 2mn tonnes per year Outer Harbour LNG project in Adelaide, South Australia.
MidOcean Energy expands stake in South America's first LNG export terminal
MidOcean Energy, an LNG company managed by U.S.-based EIG, has increased its investment in Peru LNG, South America’s first liquefied natural gas (LNG) export terminal located in Pampa Melchorita, 170 kilometres south of Lima.
Panama Canal eyes LNG traffic recovery after 65% plunge as drought restrictions end
The Panama Canal Authority (ACP) is working to restore vessel traffic for US liquefied natural gas (LNG) shipments to Asia, following a 65% drop in its second-largest transit segment and as water levels improve after a months-long drought.
Thailand’s B.Grimm Power on the hunt for LNG
Thailand’s B.Grimm Power, one of the nation’s leading energy companies, is actively pursuing both short-term and long-term supply agreements for LNG supplies to support its expanding energy demands
Cyprus set to receive delayed FSRU
The floating storage and regasification unit for Cyprus’ long-delayed and trouble-stricken LNG project may finally leave China, where it was built.
Terminal upgrade at LNG-to-power project in central Vietnam to accommodate 90,000 tonne vessels
Quang Tri Province in central Vietnam has been granted approval to develop a terminal capable of handling vessels of up to 90,000 tonnes to serve the LNG Hai Lang Power Centre (HLPC).
Singapore turns to Japan, Korea to increase LNG import capacity
Japan’s shipping giant Mitsui OSK Lines (MOL) has signed a long-term charter contract for a floating storage and regasification unit (FSRU) with Singapore LNG Corporation, the city-state's state-owned LNG terminal operator.
South African LNG, helium producer Renergen in land dispute with local solar project
JPMorgan considers return to trading physical LNG
US investment bank JPMorgan Chase is contemplating the resumption of trading physical LNG.
Golden Pass LNG gets 3-year extension for construction of plant
Federal regulators have granted a three-year extension to QatarEnergy and ExxonMobil to complete construction of their joint venture project Golden Pass LNG located in Sabine Pass, Texas.
Pakistan asks Qatar to reschedule LNG cargoes to 2026
Pakistan has formally requested QatarEnergy to reschedule delivery of five LNG cargoes from 2025 to 2026 as the Asian country is experiencing a dip in demand for regasified LNG.
Tourmaline CEO: Growth of LNG projects will raise gas prices in Canada
Gas prices in Canada will lose their discount once the country’s first LNG project comes online, Tourmaline Oil’s CEO Michael Rose warned.
Russia’s Arctic LNG 2 shuts down for winter as sanctions bite
Russian state-run firm Novatek has shut down its Arctic LNG 2 plant in northwestern Siberia for the winter months.
TotalEnergies: Project hold-ups will push back upcoming wave of LNG supply to 2027
A delay to the next wave of LNG supply can be expected as a result of project delays, TotalEnergies’ senior vice president Gregory Joffroy stated.
AEC encourages investors to tap into Central Africa’s hydrocarbon resources at CABEF 2024
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.
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