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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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Lack of shipping capacity thwarts Russian LNG ambitions
Western sanctions are thwarting Russia’s planned expansion in the global LNG market.
Woodside CEO: LNG demand to soar 50% in next decade
Australia’s Woodside Energy Group forecasts LNG demand to skyrocket 50% over the next decade, the firm’s CEO Meg O’Neill told Bloomberg in an interview on February 27.
Germany’s Mukran port receives FSRU, begins trial operations
Germany’s Baltic Sea industrial port Mukran received the floating storage and regasification unit Energos Power on February 24, operator Deutsche ReGas revealed.
Turkey’s natural gas imports fall 8% in 2023
US levies more sanctions on Russian LNG industry targeting shipyards
The US Department of State imposed fresh sanctions on Russia’s LNG industry on February 24, the second anniversary of Russia’s invasion of Ukraine.
Qatar to boost gas output with new mega field expansion
Qatar announced new plans to expand output from the world's biggest natural gas field shared with Iran, saying it will boost capacity to 142mn tonnes per year before 2030.
British Harbour Energy and UAE Mubadala Energy advance gas exploration in Andaman Sea
A joint endeavour between British and United Arab Emirates oil giants, Harbour Energy and Mubadala Energy, is making strides in the explorations of gas reservoirs in the Andaman Sea in Indonesia through advanced drilling operations
Gas company CGAS forges partnership to establish 1.5 MMSCFD LNG station
PT Citra Nusantara Gemilang is poised to collaborate with PT GT Ladang Teknik and Jianyang Greenfir New Energy Equipment Co Ltd to construct a 1.5mn standard cubic feet per day Liquefied Natural Gas Station.
GLNG: QatarEnergy announces it will increase LNG expansion plans
QatarEnergy announces it will increase LNG expansion plans
QatarEnergy has announced it will add additional capacity to its North Field Expansion plans. The Gulf country has vowed to raise production by an extra 16mn tonnes per year to boost its total capacity to 142mn tonnes per year of LNG by 2030.
Cheniere Energy lowers profit forecast for 2024
Cheniere Energy, the largest LNG producer in the US, revealed on February 22 on a conference call that it has lowered the firm’s profit forecast for 2024
Aramco raises Jafurah resource estimate on back of new booking approach
Majority state-owned Saudi Aramco this week announced the discovery of additional resources at the Kingdom’s largest unconventional gas deposit, Jafurah.
AfrOil: Ghana expects to complete Tema LNG terminal by year-end
Vietnam's first LNG power plants race against time despite hurdles
Construction of Vietnam's first LNG-fueled power plants, Nhon Trach 3 and 4, is progressing despite facing challenges related to financing, land acquisition, and grid connection
Indonesia reveals gas infrastructure project in Batam
The Ministry of Energy and Mineral Resources is set to embark on an infrastructure development venture in Batam City, slated to kick off in July 2024.
FLNG vessel arrives at BP’s Mauritania-Senegal project
BP’s floating liquefied natural gas vessel for its Mauritania-Senegal project has arrived on the maritime border of the two countries.
January bunker fuel sales up over 12% in Singapore on back of Red Sea worries
In Singapore, marine bunker fuel sales began the year 2024 on a robust note, according to the latest data for January released by the nation's Maritime and Port Authority
Gas discovery unveiled in Kohlu District of Balochistan
In what is being deemed a significant breakthrough in Pakistan, Mari Petroleum Company Ltd revealed on February 16 the discovery of a major gas deposit in the Kohlu District of Balochistan
Australian LNG update: Santos-Woodside merger off, LNG exports dip and cyclone warning
After abandoning negotiations on a merger with Woodside, Santos’ owners may consider a sale of the company to a global LNG producer
Equinor strikes LNG deal with Indian fertiliser maker
Equinor has reached a 15-year LNG supply deal to Indian petrochemicals group Deepak Fertilisers, with deliveries due to start in 2026, as the Norwegian energy group looks to expand its LNG trading operations.
Venture Global seeks extension for CP2 plant
US LNG producer Venture Global LNG has requested for additional time from the Federal Energy Regulatory Commission to grant approval for construction of its Calcasieu Pass 2 export facility located in Louisiana.
Greece’s new FSRU receives first LNG cargo
Greece has revealed that the country’s new floating storage regasification unit (FSRU) located in waters southwest of the Port of Alexandroupolis received its first LNG cargo.
Ghana’s LNG import terminal to be finished before end of 2024
Ghana’s long-delayed Tema LNG import terminal is expected to be finished before the end of 2024 the country’s national oil regulator revealed.
Kyushu Electric to wait before investment decision on Energy Transfer’s Lake Charles LNG project
Japanese energy utility Kyushu Electric Power has decided to wait out the US LNG export pause before making a decision on investing in Energy Transfer’s Lake Charles LNG project, an executive from the Japanese company told Reuters.
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