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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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Indian firms reportedly in talks over Arctic LNG 2 stake acquisition
Two Indian companies, Petronet LNG and ONGC Videsh Ltd (OVL), are reportedly in discussions about buying a stake in Russia’s Arctic LNG 2 project, which is being developed by Novatek.
GLNG: Indian firms reportedly in talks over Arctic LNG 2 stake
Two Indian companies, Petronet LNG and ONGC Videsh Ltd (OVL), are reportedly in discussions about buying a stake in Russia’s Arctic LNG 2 project, which is being developed by Novatek.
Indonesia approves Tangguh LNG expansion, CCUS plan
Indonesia’s oil and gas regulator has approved BP-led plans for Tangguh LNG, which involve the development of the Ubadari natural gas field and a carbon capture project at Vorwata.
Energy Ministry not sure if Trinidad and Tobago can reverse decline in LNG output
The Energy Ministry of Trinidad and Tobago has indicated that it is not certain whether the country can reverse the decline in its LNG output over the next few years.
PGNiG expands US LNG shipments
Petrobras, Excelerate finish negotiations on Bahia LNG lease
Brazil’s national oil company Petrobras has reportedly finished negotiations with US-based Excelerate Energy on a proposed leasing contract for the Bahia LNG terminal and hopes to conclude the contract soon.
Inpex seals two carbon-neutral gas supply deals
Japanese oil and gas developer Inpex has announced two new carbon-neutral natural gas supply agreements with Shizuoka Gas and Iruma Gas.
GLNG: Indonesia approves Tangguh LNG expansion, CCUS plan
Indonesian regulator SKK Migas has approved the development plan for an expansion and a carbon capture, utilisation and storage project at BP’s Tangguh LNG export complex in Papua Barat.
AfDB president hopes work on Mozambique LNG will resume in 12-18 months
Akinwumi Adesina, the president of the African Development Bank (AfDB), has said he believes that TotalEnergies (France) will be able to resume work on the Mozambique LNG in about 12-18 months.
NLNG seeks to refute reports of disrupted shipments
The Nigeria LNG (NLNG) consortium has dismissed recent reports about delayed shipments and missed deadlines, saying that it remains committed to upholding commitments to its customers.
AfrOil: AfDB head optimistic about Mozambique LNG
Akinwumi Adesina, the president of the African Development Bank (AfDB), has said he believes that TotalEnergies (France) will be able to resume work on the Mozambique LNG in about 12-18 months.
Italy could reap gains by expanding its LNG import capacity
Lithuania hails updated LNG contract with Norway's Equinor
PNG’s upstream negotiations create uncertainty
BW Tatiana FSRU heading to El Salvador for EDP’s LNG-to-power project
BW LNG, a subsidiary of Singapore-based BW Group, and its partner Invenergy (US) have moved one step closer to launching an LNG-to-power project in El Salvador following the completion of work on the BW Tatiana FSRU.
Enagas, Acciona Energía, GNL Quintero team up for green hydrogen project
Two Spanish companies are looking to build a green hydrogen production facility at Chile’s Quintero LNG import terminal.
Angolan reports oil exports down, earnings steady in Q2-2021
Alexandre Barroso, Angola’s Secretary of State for Oil and Gas, said last week that the country exported 97.89mn barrels of crude in Q2-2021, equivalent to around 1.077mn barrels per day, down by 13.89% quarter on quarter.
NLNG is reportedly having difficulty upholding supply commitments
The Nigeria LNG (NLNG) consortium is reportedly struggling to meet its commitments to customers.
Renergen signs LNG supply agreement with Consol Glass
South Africa’s Renergen revealed last week that it had agreed to supply LNG to Consol Glass, a Johannesburg-based supplier of glass packaging materials.
QP awards NFE EPC contract to Tecnicas Reunidas
Al-Zour terminal set for 1Q22 completion
LatAmOil: Green hydrogen plans for Chilean LNG terminal
Two Spanish companies are looking to build a green hydrogen production facility at Chile’s Quintero LNG import terminal.
AfrOil: Renergen’s first industrial customer
South Africa’s Renergen revealed last week that it had agreed to supply LNG to Consol Glass, a Johannesburg-based supplier of glass packaging materials.
AsianOil: Sinopec completes Qingdao LNG terminal expansion
China’s state-run Sinopec has finished the first stage of expansion work at its Qingdao LNG import facility in Shandong Province.
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