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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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Maharashtra to convert 5,000 diesel buses to LNG
The Maharashtra State Road Transport Corporation (MSRTC) plans to transform 5,000 diesel buses into liquefied natural gas (LNG) vehicles to lower fuel expenses and environmental impact.
GAIL pens charter deal for a new-build LNG carrier with K Line
GAIL has entered into a long-term charter agreement with Japan's Kawasaki Kisen Kaisha (K Line) via a ship-owning firm based in Singapore for a newly built LNG vessel.
Russia removes MET for hard-to-recover Yamal gas projects
Russian President Vladimir Putin has signed a law eliminating the mineral extraction tax (MET) on natural gas and gas condensate extracted from Achimov and Jurassic deposits on the Yamal Peninsula.
South Africa seeks LNG from Qatar as gas shortages loom
Brazil, Argentina companies sign deal with Bolivia's YPFB to pipe Vaca Muerta gas
Grupo Matrix Energia from Brazil and TotalEnergies' Argentine division have finalised their first agreement with Bolivia’s state-owned YPFB to transport gas from Argentina's vast Vaca Muerta shale formation.
Excelerate Energy supplies two LNG cargoes to Bangladesh in November
US-based Excelerate Energy delivered two liquefied natural gas (LNG) shipments to Bangladesh's state-run Petrobangla in November.
BP dishes out contracts for $7bn Tangguh LNG expansion in Indonesia
BP has awarded multi-billion contracts to Japanese engineering and construction giant JGC and a partnership between Italy’s Saipem and Jakarta-based Meindo Elang for its Tangguh LNG expansion project in Indonesia.
Swiss power producer Axpo ponders Japanese LNG investment
Axpo, a Baden-based power producer and trader, is reportedly exploring potential investments in Japan's electricity and LNG markets as the Northeast Asian country’s evolving power sector drives demand for hedging and spot LNG supply.
Critics slam Guyana tapping a new entry to develop gas project
Guyana's ambitious plans to monetise its natural gas resources have hit a standstill five months after the government's controversial selection of Fulcrum LNG, a one-year-old US startup, to develop a potential $30bn export project.
INTERVIEW: Black & Veatch well-positioned for growth through energy transition
Global engineering, procurement and construction firm Black & Veatch is well-positioned both in the LNG space and across the broader energy sector to capitalise on the energy transition and ensure the company’s continued growth.
Bangladesh to issue international tenders for offshore gas exploration
Bangladesh’s interim government will issue international tenders for offshore gas exploration on December 9 and for onshore reserves, including hilly areas, in March next year.
Venture Global faces pending arbitration claims of nearly $6bn
US LNG upstart Venture Global is facing pending arbitration claims of $5.9bn from eight different companies.
Europe turns to African LNG amid growing geopolitical conflict, says report
Europe’s thirst for LNG is increasingly being met by African LNG suppliers amid increasing geopolitical conflicts, according to a new special report by LNG Industry.
Woodside’s Pluto LNG plant shut down due to fault in control system
Australia’s Woodside Energy shut down the company’s Pluto LNG facility on November 25 because of a fault in the plant’s control system.
NorthAmOil: Trump planning executive order to remove LNG ban
Trump planning executive order to remove LNG ban
President-elect Donald Trump’s promise to lift the temporary ban on LNG export approvals for new projects as a day one priority is beginning to take shape.
South Korean firms eye US LNG boom under incoming Trump White House
South Korean energy and shipbuilding giants are ramping up efforts to capitalise on a much awaited surge in the US LNG market.
GLNG: Eni’s second FLNG in Congo is deployed
Eni’s second FLNG in Congo is deployed
Italian energy major Eni is set to deploy its second floating LNG (FLNG) terminal offshore the Republic of Congo.
YPF, Golar LNG, Pan American Energy to engage in unified LNG project
YPF, Argentina's national oil company, will join forces with Pan American Energy Group SL and Golar LNG in a unified liquefied natural gas venture, YPF President Horacio Daniel Marín announced on LinkedIn.
ADNOC receives LNG carrier, CCUS certification
ADNOC L&S has received the first of six new LNG carriers, as well as certification on a carbon storage project
Kamchatka starts building small-scale LNG complex
Bolivia and Brazil strengthen gas sector cooperation
YPFB Andina and Fluxus Bolivia have formalised a key agreement to jointly explore and develop the Vitiacua gas block, marking a significant step in strengthening energy ties between Bolivia and Brazil.
TDI-Brooks completes seabed survey programme in Suriname
TDI-Brooks has completed a multi-client seabed survey program in Suriname for GeoPartners and Staatsolie Maatschappij Suriname, covering 45,000 km2 using their RV Gyre vessel.
Colombia's oil and gas sector faces decline despite Promigas' growth
Colombia’s oil and gas industry is experiencing significant setbacks, with production levels hitting historic lows in September 2024.
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