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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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Cheniere and Foran Energy finalise 20-year LNG supply deal
Cheniere, the prominent US LNG exporter, has recently inked a substantial 20-year LNG supply deal with China's Foran Energy.
Russia only one of three countries to meet global LNG demand: Mikhelson
The global market for LNG will continue to grow, and only three countries have sufficient resources to satisfy it, Novatek CEO Leonid Mikhelson said at a speech at the Verona Eurasian Economic Forum in Samarkand on November 3.
Russia seizes more German Linde assets
The Arbitration Court of St Petersburg and Leningrad ordered a seizure of 13 ISO containers for liquid helium owned by Germany's Linde in favour of RusKhimAlyans, a subsidiary of gas giant Gazprom, Reuters reports citing court materials.
Cyprus waits for Chevron reply before further Aphrodite talks
Cyprus is waiting for a reply from US oil giant Chevron before it makes any further comment on the status of negotiations between the two on the Aphrodite gas field or what may become of the gas field in the future.
Sinopec joins Qatar’s NFS, signs LNG supply deal
Sinopec was this week made a partner in QatarEnergy’s North Field South (NFS) expansion project, with the deal providing the basis for a 27-year deal to supply LNG to China.
New Fortress Energy mulls onshore LNG export terminal in Mexico
The announcement follows a letter dated October 30 sent to New Fortress by the US Department of Energy (DOE), which notified the company that their existing gas-export permit did not encompass the operation of an onshore facility.
Russia targets 30% of global LNG market share by 2035
Russia is targeting a 30% share of the global LNG market by 2035, Deputy Energy Minister Pavel Sorokin announced on October 31, citing draft plans for the country’s new national energy strategy.
Kosmos Energy takes control of Senegal’s Yakaar-Teranga gas project
Kosmos Energy, an American upstream oil company, has increased its working interest in the Yakaar-Teranga gas discoveries offshore Senegal to 90%, and has assumed operatorship.
New Fortress Energy may need to reapply for Mexico LNG project permit, says US
The US Department of Energy has issued a warning to New Fortress Energy, stating that if any component of its Altamira floating LNG project is situated on Mexican soil, the company will have to resubmit its its application for an export permit.
Russia's struggling shipbuilding industry seeks Chinese partnership
The struggles of Russia's shipbuilding industry have been no secret as it grapples with a series of challenges, including the impact of sanctions cutting off foreign components and expertise, workforce limitations and delays in project deliveries
Cyprus FSRU completes gas test, ready for November handover
The Cypriot FSRU Efyta Prometheas, which was an LNG tanker that has undergone conversion in Shanghai by China’s Cosco Shipping Heavy Industry, has completed its at-sea gas testing on the performance of the LNG cargo containment system.
Chesapeake agrees to 15-year LNG supply deal with Vitol
US oil and gas company Chesapeake Energy revealed that it has signed a heads of agreement deal with Switzerland-based energy and commodity trader Vitol to supply it with LNG for 15 years, beginning in 2028.
Bangladesh signs long-term LNG supply deal with Excelerate Energy
Bangladesh’s state-owned Petrobangla has agreed to a long-term LNG supply deal with US company Excelerate Energy.
Indonesia sees dozens of uncommitted LNG cargoes in 2026
Indonesia is ramping up efforts to find purchasers for its LNG after an energy ministry official revealed that the country sees almost 70 uncommitted cargoes of LNG in 2026.
Freeport LNG receives approval to begin commissioning second jetty
Freeport LNG was granted permission by federal regulators on October 27 to start commissioning its second LNG jetty.
Baker Hughes on track to record almost $9bn worth of orders for LNG equipment in 2022/2023
Houston-headquartered energy services company Baker Hughes revealed it is on track to bring in almost $9bn in LNG equipment sales orders between 2022 and 2023, during a third-quarter earnings call.
BP’s expanded Indonesian Tangguh LNG facility ships first cargo
BP’s Tangguh LNG plant has delivered the first cargo of LNG produced from the facility’s new third liquefaction unit the company announced on October 20.
Israel makes licensing awards amid conflict
Israel has announced the results of its fourth competitive licensing round, handing 12 offshore licences to six companies
Vietnam’s largest LNG terminal, Thi Vai, begins operations: a milestone for clean energy in the country
The Thi Vai liquefied natural gas terminal, a colossal 1mn-tonne project, has commenced its operations in the southern province of Ba Ria - Vung Tau, marking a substantial leap in Vietnam's energy landscape
ADNOC Gas signs LNG supply deal with JERA
The gas arm of Abu Dhabi National Oil Co. (ADNOC) this week signed an LNG supply agreement with the trading subsidiary of Japan’s largest power generation firm.
Oman LNG inks deal to supply Shell and TotalEnergies for 10 years
State-run Oman LNG has signed a contract to extend supply of the super-chilled fuel to shareholders Shell and TotalEnergies for up to 10 years.
Italy next in line for Qatari LNG
Following the recent deals signed for the supply of Qatari LNG to France and the Netherlands, QatarEnergy and Eni have agreed terms on a contract to ship gas to Italy.
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