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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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India’s LNG demand to surpass 37 mtpa by 2030: Wood Mackenzie
Indian liquefied natural gas (LNG) demand is projected to exceed 37mn tonnes per annum (mtpa) by 2030 and 88 mtpa by 2050, according to a Wood Mackenzie report.
Japan may consider Alaska LNG investment for sake of good US relations
Japanese Prime Minister Shigeru Ishiba is expected to meet US President Donald Trump this week in Washington for the purpose of reaffirming political and trade relations. One item on the agenda may be Japanese investment in the Alaska LNG project.
Petronas to shut down 500km Sabah to Sarawak gas pipeline
Malaysia’s state-owned energy giant, Petronas, has revealed plans to decommission the Sabah to Sarawak Gas Pipeline, a 500km long piece of infrastructure linking Kimanis in Sabah to Bintulu in Sarawak.
Europe's gas crisis is back with a vengeance
A year ago, many market watchers were warning that it was premature to say Europe’s gas crisis was over. Now it seems it is back with a vengeance.
FERC: Venture Global near to completing repairs to Calcasieu Pass facility
Venture Global could complete repairs to equipment connected to onsite power generation by the end of February, the Federal Energy Regulatory Commission said in a regulatory filing.
Venture Global granted permission to introduce natural gas to Plaquemines’ seventh block
Venture Global has received approval from federal regulators to commence the introduction of natural gas into the Plaquemines plant’s seventh block.
Japan to benefit from more US LNG production, JERA says
Major LNG importer Japan stands set to benefit from improved energy security if US LNG production increases under Donald Trump’s presidency, Japan’s biggest LNG purchaser JERA says.
TotalEnergies and Mozambique hold talks on stalled LNG project
TotalEnergies’ CEO Patrick Pouyanne and Mozambique’s President Daniel Chapo held talks on the long-delayed Mozambique LNG project during an energy conference on January 28.
Household gas cylinder shortage crisis intensifies in Tunisia despite Algerian support
Several Tunisian regions are still experiencing a shortage of household gas cylinders despite recent Algerian gas shipments. An Algerian shipment of 5,200 tonnes of LNG arrived at the port of Bizerte in Tunisia recently to help meet increased demand.
Jade Gas coal bed methane project strategy “well advanced” in South Gobi, Mongolia
ASX-listed Jade Gas on January 31 said it is well advanced in delivering on its commercial strategy for its coal bed methane (CBM) gas project at the Tavantolgoi basin in Mongolia in the South Gobi region of Mongolia.
Nigeria’s LNG exports drop 20% due to pipeline vandalism
Germany’s Russian LNG imports surge over 500% in 2024, via other countries
Germany talks loudly about ending Europe’s imports of Russian gas, but as a result of alternative sources of energy, it has seen imports of Russian LNG soar by 500% in 2024 y/y, worth a total of €7.32bn, delivered via other European countries.
Nigeria to construct five mini-LNG plants
The Nigerian National Petroleum Co. Ltd (NNPCL) has approved plans to construct five mini-liquefied natural gas plants in Ajaokuta, Kogi State, with a groundbreaking ceremony set to take place on February 6.
Morocco set to produce LNG for first time by end-2025
Morocco is set to enter the LNG production market for the first time by the end of 2025 as the gas liquefaction facility at the Tendrara field is nearing completion.
Increase in US LNG production will aid India, Petronet head says
India is set to benefit from a rise in US LNG production following Donald Trump’s return to the White House, Petronet’s chief executive officer Akshay Kumar Singh said in an earnings call.
Guyana in search of LNG plant maintanence provider
Guyana's landmark Gas-to-Energy project is advancing with new requests for proposals, as the government seeks to maximise the utilisation of natural gas from the ExxonMobil-operated Stabroek Block.
Expect no sanctions relief for Russian LNG
Preventing more Russian LNG entering the fast-growing gas markets of Asia over the coming years will help ensure extra US supply has a home.
ADNOC Gas signs $450mn supply deal with Japan’s JERA
United Arab Emirates’ state-run ADNOC Gas has signed a three-year LNG supply deal worth $450mn with Japan’s largest power generation firm, JERA.
Russian LNG exports hit new record in 2024
Russia exported a record 33.6mn tonnes of LNG in 2024, up 4% from the previous year, according to data from Kpler cited by Russian news agency RBC this week.
Nigerian president to inaugurate five mini LNG projects
Nigerian President Bola Tinubu will inaugurate the construction of five mini liquefied natural gas projects in Ajaokuta on January 30.
Venture Global stumbles in debut on NYSE with $58bn valuation
Venture Global’s first day of trading on the New York Stock Exchange (NYSE) ended with a whimper, as the upstart LNG company closed trading on January 24 with a share price of $24.00.
DoE extends comment period on LNG study
The US Department of Energy will extend the comment period on the federal study of the economic, environmental and national security impacts of new LNG export permits from February 18 to March 20.
Trump guarantees Europe LNG supply from US
US President Donald Trump has promised Europe ample supply of LNG.
Bangladesh signs LNG deal with US-based Argent LNG
The government of Bangladesh has entered into a Heads of Agreement (HOA) with Louisiana-based Argent LNG for the purchase of up to 5mn tonnes of liquefied natural gas (LNG) annually over 20 years
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