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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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EU’s 14th sanctions package could include LNG, shadow tanker fleet
The upcoming 14th sanction package of the European Union for Russia’s full-scale military invasion of Ukraine will be directed at Russia’s liquefied natural gas sector and shadow tanker fleet transporting Russian oil.
Scarcity & security: European impact of Biden's LNG decision
Biden’s LNG freeze make little sense for both European and the US energy security, and won’t promote a green energy transition.
Mexican billionaire Carlos Slim takes over Lakach gas field from Pemex
Grupo Carso, owned by Mexican tycoon Carlos Slim, has taken control of the Lakach natural gas field in the Gulf of Mexico, displacing the national oil company (NOC) Pemex after it and New Fortres Energy joint venture to run the field fell through.
Europe unlikely to tackle Russian LNG imports anytime soon
The European Parliament voted in favour of rules earlier this month that would enable individual EU member states to block Russian LNG imports, by preventing Russian companies from booking capacity at gas infrastructure.
Egypt to halts LNG exports from May, say government sources
The Egyptian government will halt liquefied natural gas shipments starting from May, to ensure high demand by businesses and households during the summer is met.
Brazil's LNG competitiveness tightens as prices converge with Europe and the Mediterranean
The competitive landscape for liquefied natural gas (LNG) in Brazil is undergoing a shift as prices align more closely with those in Europe and the Mediterranean, despite an anticipated surge in imports this month.
New Fortress Energy signs EPC contract for Brazilian LNG power plant
New Fortress Energy (NFE) has finalised an Engineering, Procurement, and Construction (EPC) contract with a consortium comprising Mitsubishi Power Americas and Andrade Gutierrez for the construction of a 1.6 GW power plant.
LNG reigns supreme in low-carbon bunkering
Oman LNG signs 10-year supply deal with Japan’s JERA
Pieridae seeks to offload Goldboro permits after halting plans for LNG terminal
Calgary-headquartered Pieridae Energy has filed a request to the utility and review board in Nova Scotia for permission to sell its permits to Ireland’s Simply Blue Group to construct the Goldboro LNG terminal on Nova Scotia’s eastern shore.
Gas consumption at Freeport LNG near zero for 5 straight days
America's second-largest LNG export terminal Freeport LNG went its fifth straight day on April 15 of near zero gas consumption.
European Parliament permits members to ban Russian LNG imports
The European Parliament has voted to adopt rules that will give member countries the legal basis to block Russian LNG imports through preventing Russian firms from booking the gas infrastructure capacity needed to deliver LNG to Europe.
Mexico Pacific announces Sarah Bairstow as new CEO
LNG developer Mexico Pacific has announced the appointment of Sarah Bairstow as the company’s new CEO.
Cedar LNG to receive liquefaction equipment from Chart Industries
Pembina Pipeline and Haisla Nation have taken another key step forward with the development of their proposed floating LNG facility in Kitimat, British Columbia with the announcement that Chart Industries will supply liquefaction equipment.
Cartagena summit spotlights natural gas in Colombia's energy transition
The Colombian city of Cartagena witnessed the gathering of industry leaders, national and international experts, and government officials during the Arpel-Naturgás Week 2024 to deliberate on the future trajectory of natural gas in the energy mix.
LNG imports improving EU energy security as Russian gas supplies fall to 8% of gas imports
Liquefied natural gas helps make Europe’s gas supply more secure as it doesn’t rely on existing pipeline infrastructure, allowing EU countries to diversify the sources of their imports, the European Commission (EC) said in a recent report.
TotalEnergies' plan to restart building of Mozambique gas project violates planned EU law
French energy supermajor TotalEnergies' intention to resume constructing a natural gas processing plant in northern Mozambique could violate an upcoming European Union law.
Novatek sees slight rise in gas supply in Q1
Russia’s Novatek boosted its gas production by 1.2% year on year to 21.12bn cubic metres in the first quarter.
EU Parliament backs rules to allow member states to block Russian LNG
The European Parliament voted in favour last week of rules thaat would enable governments of EU member states to block Russian LNG imports by preventing Russian companies from booking capacity at gas infrastructure.
Role of gas in South Africa’s future energy landscape
KOGAS teams up with Hyundai on latest LNG pump tech
Korea Gas Corp. (KOGAS) revealed an important partnership with Hyundai Heavy Industries Turbomachinery earlier in the month aimed at advancing the manufacture of a vital component crucial for natural gas extraction infrastructure.
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