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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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Germany’s SEFE continues to transport Russian LNG
A German state-run trader has come under criticism for continuing to transport Russian LNG.
War in Gaza won’t change the outcome for East Med Gas Pipeline (EMGP) project
War in Gaza won’t change the outcome for EMGP, which lost too much momentum before the Mideast fell into conflict.
Montenegrin NGOs urge European Commission not to build LNG terminal at Port of Bar
Critics accuse European Commission of actively encouraging higher fossil gas consumption across the Western Balkans.
Tango FLNG, Excalibur FSU leave Dubai for Eni’s Congo LNG project
Italy’s Eni reported on October 21 that the first two vessels it will use in its Congo LNG project had left the dock in Dubai.
Canadian oilpatch ripe for M&As as Tourmaline set to buy Bonavista for $1.12bn
Canada’s largest natural gas producer, Tourmaline Oil, plans to acquire the rival privately held Bonavista Energy to add Deep Basin gas growth. The price-tag would be CAD1.5bn ($1.1bn) cash and stock.
Chevron reaches deal with workers on eve of strikes resuming at Australian LNG plants
Australia’s Offshore Alliance union has agreed to terms on pay and conditions at Chevron’s Gorgon and Wheatstone LNG facilities, ending the possibility of renewed strikes at the plants.
Thailand’s Bangchak opens nation’s first LNG station
In a pioneering move for the Kingdom, Thailand's energy giant, Bangchak, has inaugurated the nation's inaugural LNG refueling station for regular vehicles.
GLNG: Venture Global asks FERC for authorisation to commence part of Calcasieu LNG plant
Venture Global asks FERC for authorisation to commence part of Calcasieu LNG plant
US LNG producer Venture Global has requested authorisation from the Federal Energy Regulatory Commission to begin service of liquefaction blocks 7-9 at Calcasieu Pass LNG terminal in a filing made on October 10.
QatarEnergy and Shell sign deals to supply LNG to Netherlands
State-owned QatarEnergy and IOC partner Shell this week signed two long-term sale and purchase agreements to supply up to 3.5mn tonnes per year of LNG from Qatar to the Netherlands.
Indonesia's Masela LNG project future uncertain as hybrid approach is considered
The Indonesian Energy and Mineral Resources Minister, Arifin Tasrif, has ignited speculation surrounding the future of the Masela liquefied natural gas project by suggesting a shift toward a hybrid offshore and onshore development system.
Trinidad and Tobago reportedly expects Atlantic LNG to sign restructuring agreement in November
Shareholders in the Atlantic LNG plant are reportedly on track to sign a restructuring agreement in London next month.
Iran calls for industrial investment in natural gas storage
The National Iranian Gas Co. (NIGC) has called on large industries to invest in the aboveground storage of natural gas, as the country seeks to improve its ability to manage and respond to fluctuations in energy demand effectively.
IEA declares end to "Golden Age of Gas"
The energy crisis triggered by Russia’s invasion of Ukraine effectively marks the end of the 10-year Golden Age of Gas, the International Energy Agency said in its medium-term gas market report this month.
Iran opens largest privately built refinery
Iran on October 13 brought on stream its largest privately built refinery in the southern city of Mohr, Fars Province.
Iran claims biggest onshore natural gas field in south
Iran has discovered a natural gas field estimated to contain 22 trillion cubic feet of gas (more than 620bn cubic metres), Oil Minister Javad Owji said.
Iran can become regional ‘energy hub,’ says oil minister
Iran is seeking to become a regional “energy hub,” linking regional oil and gas suppliers to customers in Asia and Europe, Iranian oil Minister Javad Owji said.
Iran’s oil output surpasses 5-year record of 3.3mn bpd, minister says
Iranian Oil Minister Javad Owji said the country’s daily crude production has topped 3.3mn barrels despite US crippling sanctions.
Iran’s gas hub initiative a pipedream if challenges remain unaddressed
Iran, which has the world's second-largest natural gas reserves, is seeking to become a “gas hub” in co-operation with neighbouring countries; this is an ambitious goal that faces many challenges.
Gazprom opposes liberalisation of Russian LNG exports
Russia’s Gazprom has said it opposes the liberalisation of the country’s LNG export industry, in an apparent move to defend its leading position in the space, the Moscow-based Vedomosti newspaper reported on October 10.
Global LNG supply diversification sought by Japan as Russia-Ukraine conflict drags on
Amid the ongoing Russian-Ukraine conflict Japanese LNG traders are actively looking for alternative sources in regions like Qatar, Indonesia and beyond.
Middle East instability threatens regional LNG exports
The ongoing conflict between Hamas and Israel is casting a shadow over Israel's natural gas exports, but the broader concern in the global natural gas market hinges on the potential for the conflict to escalate further.
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