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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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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.
Pampa Energia mulling multbillion-dollar LNG plant in Argentina
Pampa Energía, one of Argentina's leading energy producers, is set to make a crucial decision within three months regarding its participation in a major LNG plant partnership as economic deregulation acceleratea offshore development.
YPF boosts Vaca Muerta export capacity in latest project
Argentina’s national oil company, YPF, has announced the completion of the final phase of its Vaca Muerta Norte project, marking a significant expansion in the country’s oil transportation capabilities.
Peru's gas reserves plummet 46% in a decade
Peru’s proven natural gas reserves have alarmingly decreased by 46% over the last decade, now only sufficient for approximately 15 years of domestic consumption.
Singapore prepares to open a second LNG import facility
Singapore LNG chief executive, Leong Wei Hung has revealed that the company is intent on opening a second LNG import facility on the island nation.
Russia begins designing nuclear-powered submarines to transport LNG from Arctic
Russia has unveiled plans to commence designing nuclear-powered submarines to ship LNG from its Arctic facilities to customers in Asia.
Venture Global tells Edison it must wait until April for delivery of LNG cargoes
US LNG upstart Venture Global has notified its European foundation customer Edison that contracted LNG cargo deliveries will be delayed until April 2025.
Belgium calls for EU-wide tracking system of Russian LNG
Belgium’s energy minister Tinne Van der Straeten has suggested the creation of an EU-wide tracking system for Russian LNG.
Egypt to transport LNG through Greece’s new FSRU terminal
State-owned Egyptian Natural Gas Holding Company will ship its LNG through Greece’s newly commissioned Alexandrouppolis floating storage and regasification unit.
Novatek gas sales down 2.3% in 9M 2024
Natural gas sales at Russia’s Novatek were down 2.3% year on year at 56.16bn cubic metres in January through September, as the company continues its search for buyers for LNG from the sanctioned Arctic LNG-2 project.
Cheniere’s Corpus Christi expansion project gets key federal approval
US LNG producer Cheniere Energy has been granted authorisation by federal regulators to open operation of a supply line for its Corpus Christi Stage 3 LNG plant in Texas.
Russian gas supply to China could reach 85 bcm by 2030, says Gazprombank
Russian gas pipeline and LNG exports to China could reach 85bn cubic metres by 2030, according to analysts from Gazprombank’s Centre for Economic Forecasting (CEP).
Ecuador greenlights new LNG terminal project
Ecuador's hydrocarbons regulator (Arch) has granted approval to domestic firm Pacific Terminal for the construction of a liquefied natural gas (LNG) import and storage facility in Monteverde, Guayas province.
Royal Group breaks ground on 900 MW LNG power plant
Japan diversifies LNG supply
As Japan faces an impending supply glut, the nation is strategically exploring alternative liquefied natural gas (LNG) sources in Africa while consolidating its traditional supply chains in the Asia-Pacific region
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