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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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Gas flows to Freeport LNG fall to near zero as Hurricane Beryl hits Texas coast
Natural gas inflowing to the Freeport LNG terminal dropped to almost zero in the leadup to Hurricane Beryl’s arrival on Texas’s east coast.
Shell takes FID on Trinidad’s Manatee project
Supermajor Shell has made a positive final investment decision on the Manatee project off the coast of Trinidad and Tobago.
US extends LPG export licence to Venezuela amid diplomatic talks
The US Treasury Department's Office of Foreign Assets Control (OFAC) has issued licence 40C, extending authorisation for the export and re-export of liquefied petroleum gas (LPG) to Venezuela until July 8, 2025.
Singapore's EPS orders eight LNG dual-fuel containerships
Singapore’s Eastern Pacific Shipping has ordered eight LNG dual-fuel containerships from China’s New Times Shipbuilding.
ADNOC’s latest deals across drilling, LNG and transition
ADNOC is continuing to invest heavily across the energy value chain as it seeks to raise its profile.
Shell agrees to 10-year LNG supply deal with MET Group
Supermajor Shell has reached an agreement with European energy firm MET Group to supply the Switzerland-headquartered company with LNG from its US operations for a 10-year period.
Petronas expands LNG fleet with new vessels
Malaysian state energy company Petronas announced on July 8 its decision to introduce three additional energy-saving liquefied natural gas ships to its North American operations
President Joko Widodo discusses gas price policy with cabinet ministers
President Joko Widodo convened the ministers of the Advanced Indonesia Cabinet at the Presidential Palace in Jakarta on July 8. The meeting focused on the continuation of the Specific Natural Gas Price (HGBT) policy
Golar LNG enters 20-year floating LNG deployment agreement in Argentina
Golar LNG secured a 20-year agreement with Pan American Energy to deploy a Floating Liquefied Natural Gas vessel in Argentina, Golar announced in a press release.
Australian gas producer Santos eyed by at least two high-flying suitors
Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) are separately evaluating potential bids for Australia's Santos, the continent’s oil and gas exploration giant.
LNG Canada moves one step closer to completion with final weld of first train
LNG Canada has moved another step closer to delivering its first cargo with the final weld completed on the facility’s first liquefaction train.
Poland's Orlen to deliver regasified LNG to Slovakia
The gas supply arm of Poland’s state-owned Orlen, PGNiG Supply & Trading, has signed a contract to supply pipeline gas to Slovakia, which is facing the cessation of Russian gas deliveries via Ukraine starting January 1 next year.
Golar to deploy floating LNG vessel to Argentina in 20-year deal
Maritime LNG infrastructure firm Golar LNG has reached an agreement with Argentina’s Pan American Energy for the 20-year deployment of a floating LNG vessel near its Vaca Muerte shale formation.
Indonesian government allocates IDR42.9 trillion in energy subsidies for H1 2024
In the first half of 2024, the Indonesian government disbursed IDR42.9 trillion in energy subsidies, covering fuel and 3-kg liquefied petroleum gas canisters
LNG Croatia launches €17mn tender for expansion
The Ministry of Energy and Mineral Resources urges oil and gas contractors to utilise or return idle working areas
The Ministry of Energy and Mineral Resources has called on Oil and Gas Cooperation Contract Contractors to either develop potential but idle oil and gas working areas or return them
Pertamina Internasional expands with new Middle East office in Dubai
PT Pertamina Internasional EP (PIEP), the international subsidiary of Pertamina’s Upstream Subholding, has expanded its operations by opening a new branch office in Dubai, United Arab Emirates
India’s regulatory board drafts new rules for LNG industry terminals
India’s Petroleum and Natural Gas Regulatory Board is reported to be considering the introduction of more regulatory controls over the country’s LNG terminals to make their operation more transparent and to better utilise existing infrastructure.
Renewed tensions as Philippines’ UN submission reignites Sabah dispute with Malaysia
A recent Philippine submission to the United Nations over seabed territory claims has sparked strong objections from Malaysia, rekindling a longstanding territorial dispute over Sabah in northern Borneo
PGN secures new domestic LNG supply from Tangguh refinery
PT PGN Tbk, as Pertamina's Gas Subholding, has secured an additional supply of liquefied natural gas from the domestic Tangguh LNG refinery in Teluk Bintuni, West Papua
Pertamina seeks $280mn non-cash state capital injection for gas and refueling assets
PT Pertamina has submitted a request for a non-cash state capital injection amounting to $280mn, consisting of state-owned assets
Colombia's Ecopetrol to import gas from Venezuela, mulls bringing in LNG
Ecopetrol, Colombia's state oil company, is set to import 2.8mn cubic metres per day of gas from Venezuela starting next year to bolster national hydrocarbon supply, addressing an anticipated 8% shortfall. The two countries are neighbours.
MOL of Japan takes full ownership of LNG Rose Shipping for $32mn
Mitsui OSK Lines (MOL) has announced its decision to acquire the full 50% stake owned by Itochu Corporation in LNG Rose Shipping. In doing so it will make the LNG carrier company a wholly owned subsidiary of MOL.
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