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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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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.
NNPCL exports LNG to Japan, China
The Nigeria National Petroleum Company Ltd (NNPCL) has revealed that it is in the process of exporting liquefied natural gas to China and Japan, with company spokesman Olufemi Soneye disclosing the information on August 26.
Papua LNG FID expected to be delayed until late 2025
The planned Papua LNG project in Papua New Guinea has suffered another delay, with joint partner Santos announcing that a final investment decision on the project is expected to be pushed back until late 2025.
Amigo LNG signs 20-year supply deal with Malaysia’s E&H Energy
Amigo LNG, a subsidiary of LNG Alliance, Singapore, has reached a deal with E&H Energy of Malaysia to supply the firm with 3.6mn tonnes per year of LNG over a 20-year period.
Australia’s Ichthys LNG facility expected to restart Train 2 in October
Output at the liquefaction train at the company’s onshore facility in Darwin in Australia’s Northern Territory stopped on August 20. While conducting operational monitoring activities, production was paused for repairs after identifying an issue.
Woodside to take one train offline at North West Shelf LNG project
Woodside Energy will take one liquefaction train offline at its huge North West Shelf project.
Eni’s Coral Sul FLNG achieves milestone of 5mn tonnes of LNG
Italian firm Eni achieved a key milestone with its Coral Sul floating LNG facility reaching production of 5mn tonnes of LNG at its site offshore Mozambique in the Rovuma Basin.
Thailand's B.Grimm Power makes history with first LNG import
B.Grimm Power, a leading energy company in Thailand, has achieved a significant milestone by becoming the first private enterprise in the country to import liquefied natural gas (LNG) for small power producers.
GLNG: Papua LNG FID expected to be delayed until late 2025
Sri Lanka looks north to India’s Petronet LNG for power generation
Sri Lanka's Minister of Power and Energy, Kanchana Wijesekera, in conjunction with India's Deputy High Commissioner, Satyanjal Pandey, have signed a far-reaching MoU to aid in guaranteeing power production on the Indian Ocean island.
KPC lines up LNG supplies as shortage hits
Kuwait’s top NOC has signed up more gas supplies as it struggles to deal with summer peaking, while oil exploration continues and renewables planning begins.
Nigeria's NNPCL expands LNG exports to Asia
Morocco becomes top importer of LNG from Spain
13 activists detained at Krk LNG protest
Italian oil company Eni secures approval for major offshore gas development in Indonesia's Kutei basin
Indonesian authorities have approved Italian company Eni's development plans for the Geng North (North Ganal PSC) and Gehem (Rapak PSC) fields in the offshore Kutei basin
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