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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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Equinor’s Hammerfest LNG shut down over gas leak
Norwegian energy major Equinor shut down and evacuated its Hammerfest LNG plant due to a gas leak that occurred during maintenance.
Shell, TotalEnergies and Mitsui eye stake in ADNOC’s Ruwais LNG plant
Two energy majors and a trading house are vying to purchase a stake in Abu Dhabi National Oil Co.’s Ruwais LNG plant.
GAIL planning to double the size of Dabhol LNG terminal near Mumbai
India’s state-owned natural gas company GAIL is reportedly intent on augmenting the capacity of its all-important LNG terminal at Dabhol, Maharashtra.
OQ and TotalEnergies sign deal for Marsa LNG bunkering facility
OQ and TotalEnergies have signed a $1.6bn investment deal to develop the Marsa LNG project at the Port of Sohar.
Production returns to Freeport LNG
Limited production has returned to Freeport LNG, the US’s second largest LNG export terminal, after six days of near zero gas flows last week.
EQT signs another tolling deal with Glenfarne’s Texas LNG
EQT, the US natural gas producer headquartered in Pittsburgh, announced that it has agreed to a second Heads of Agreement with Glenfarne’s planned Texas LNG plant to produce an additional 1.5mn tonnes per year of LNG in a 20-year tolling contract.
25 GOP governors call on Biden to lift LNG pause
A group of 25 Republican governors issued a statement on April 23 requesting President Biden to end the “reckless pause” on export approvals for new LNG projects.
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.
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