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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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major power companies, investment banks, consultancies, government agencies, law firms, accountancies, academics and economists. Its scope includes news and intelligence, broken down by geographic area to include Africa, Asia, the Americas, Europe and the Middle East.
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Gas Malaysia Bhd strategises for sustainable growth amid economic outlook
Gas Malaysia Bhd affirms its commitment to maintaining operational efficiency and exploring avenues for growth as it navigates competitive landscapes in Kuala Lumpur.
Petronas secures exploration rights in West Papua's Bobara Block
Petronas Carigali North Madura II Ltd, a subsidiary of Malaysia's Petronas, emerged as the winner in the bidding for exploration and production rights in the Bobara Block situated in West Papua, Indonesia.
Sierra Club-led coalition files motion attempting to prevent construction of Rio Grande LNG
A coalition of more than 60 organisations, including the Sierra Club, has filed a motion with the US District Court in Washington DC, attempting to prevent the building of NextDecade’s Rio Grande LNG facility at the Port of Brownsville in Texas.
Indonesia's strides in natural gas utilisation signal energy transformation
Indonesia's Ministry of Energy and Mineral Resources has disclosed an advancement in the country's energy sector, revealing that domestic natural gas usage soared to 68.2% of total production throughout 2023
Indonesia-owned PT PGN leaps into global LNG market, signals expansion plan
State-owned gas distributor PT PGN, a subsidiary of Pertamina, has embarked on an endeavor to broaden its global business footprint by the sale of seven liquefied natural gas cargoes to China
Turkey’s Botas signs cooperation agreement with Egyptian Natural Gas Holding Company
US regulators approve extension for Driftwood LNG
US regulators have approved a three-year extension for Tellurian’s long-delayed Driftwood LNG in Louisiana.
Shell bullish on LNG, predicts 50% global rise by 2040
Oil and gas supermajor Shell expects global demand for LNG to soar by over 50% by 2040, the company predicted in its 2024 annual LNG market outlook published on February 14.
GLNG: Shell bullish on LNG, predicts 50% global rise by 2040
China seeks to dominate market for clean ships
China has successfully forged a leading role in the manufacture of energy transition technologies – namely the mass production of solar panels and electric vehicles.
New floating LNG in Malaysia to utilise Straatman ship-to-shore tech
Petronas' latest venture in the realm of floating liquefied natural gas in Malaysia will see the incorporation of cutting-edge technology from the Gutch maritime equipment manufacturer, Straatman
Korean conglomerate offloads stake in Peruvian LNG
MidOcean Energy, a leading unit of the US-based energy investor EIG Global Energy Partners, has acquired a stake in Peru LNG, a terminal operator
US House of Representatives passes bill to reverse Biden's LNG pause
The US House of Representatives will hold a vote on February 16 on a bill that would remove LNG export reviews from the remit of the Department of Energy, Republican lawmakers announced.
Poland’s floating LNG terminal secures key permit
Pertamina speeds up development of oil & gas discoveries in Bekasi
PT Pertamina Hulu Energi is fast-tracking the development of promising oil and gas discoveries in Bekasi, West Java
Pertamina teams up with ENI and Petronas to expand oil & gas exploration abroad
PT Pertamina Hulu Energi, a subsidiary of Indonesia's state-owned oil and gas giant Pertamina, is partnering with major players ENI and Petronas to explore potential oil and gas blocks in Africa and South America
Malaysian Sipitang residents urged to seize economic opportunities from the oil and gas industrial park
Local officials are calling on residents to capitalise on the economic boom triggered by the Sipitang Oil and Gas Industrial Park
Chesapeake, Delfin and Gunvor sign long-term LNG deal
Chesapeake Energy, Delfin LNG and Gunvor Group announced on February 13 that the companies have entered into a long-term LNG export contract, which involves a sales and purchase agreement.
Sanctions-related issues solvable with time: interview
International sanctions have created various challenges but these problems “all have a solution” and are a “matter of time and possible discounts."
Cyprus awaits word from energy giants on gas field developments
Cypriot Energy Minister George Papanastasiou keeps hinting that the Cronos-2 appraisal well completed last month by Italy’s Eni in Block 6 will confirm solid natural gas resources, but the Italian giant has yet to state the size of the resource.
Gas field operator completes sale of stake off Timor-Leste
SundaGas Banda Unipessoal, a subsidiary of the UK-based Baron Oil, has finalised the sale of a partial interest in a gas field off Timor-Leste to Timor Gap Chuditch Unipessoal
India maintains interest in Sakhalin-2 project
Indian authorities are expressing ongoing interest in participating in the Sakhalin-2 and other oil and gas projects, affirming their openness to discussions, stated Pankaj Jain, Secretary of the Indian Ministry of Petroleum and Natural Gas
Energy Transfer opens talks with Woodside on potential stake in Lake Charles project
US firm Energy Transfer has begun discussions with Australia’s Woodside Energy Group on the potential sale of a stake in the company’s Lake Charles LNG facility in Louisiana.
Peru LNG reports export volumes down in January
Peru LNG saw export volumes sink by more than 2% month on month in January 2024.
Russia extends permit for Yamal LNG to supply Germany’s SEFE until 2040
Russia has extended a permit allowing its Yamal LNG export terminal to continue supplying LNG to German state-run gas trader Securing Energy for Europe (SEFE) until the end of 2040, a government document published on February 9 revealed.
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