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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 Energy reaches deal with BASF to supply LNG
Houston-headquartered Cheniere Energy has come to agreement with German chemical company BASF to supply it with 0.8mn tonnes per year of LNG.
South Africa-focused natural gas explorer Kinetiko Energy executes deal to advance LNG project
Hungary's MVM strikes deal for Turkish gas supply
Iraq considers tapping Qatari gas
Energy Transfer seeks new export licence for Lake Charles LNG
Midstream player Energy Transfer has requested a new, expedited export licence for its proposed Lake Charles LNG export terminal in Louisiana, according to a filing with the US Department of Energy.
Hungary could start buying LNG from Qatar starting 2027
Qatar and Hungary sign LNG deal as shipbuilding begins
Qatar and Hungary last week signed an LNG supply deal with shipments set to begin in 2027.
Turkish power producer Karpowership offers to cut controversial South Africa contract to 5 years from 20
While Karpowership has offered to reduce its original contract period for providing emergency power to South Africa with its floating gas-powered plants, the shorter contract also suggests an increased price.
Developing Russian LNG motor fuel market will need $7.4bn in investment by 2030
Making the use of LNG as a motor fuel widespread in Russia will require some RUB700bn ($7.4bn) of investment by the end of the decade, but the Russian state is providing only RUB10bn of support towards this end.
Commonwealth LNG closes funding for planned export facility
Commonwealth LNG announced on August 14 that it had closed an investment of development capital from private funds managed by alternative asset management firm Kimmeridge Energy Management.
Pakistan seeks unrealistic answer in TAPI to acute energy crisis
First proposed in the 1990s, TAPI would carry 33 bcm per year of gas for sale in primarily Pakistan and India. The section in Turkmenistan was reportedly completed some years ago, and the Afghan Taliban-led government approved construction in June.
Senegal/Mauritania: Golar LNG says work on Gimi FLNG conversion is 97% complete
Golar LNG expects the FLNG plant that will be installed at the GTA gas-bearing block offshore Mauritania and Senegal to leave the Keppel shipyard next month.
Eni contracts CIMC Raffles to convert semi-sub rig to FPU for installation offshore Republic of Congo
Italy’s Eni has contracted China’s CIMC Raffles to convert the Scarabeo 5 semi-submersible rig into a floating production unit (FPU) for its Congo FLNG project.
Oman LNG strikes supply deal with Germany's SEFE
Oman LNG has reached a binding term-sheet agreement with Germany’s state-owned Securing Energy for Europe (SEFE) on the supply of 0.4mn tonnes per year of LNG from 2026 for four years, the Omani state news agency reported on August 14.
LNG Japan agrees 10% share in Western Australia’s Scarborough field
A Tokyo-based Sumitomo-Sojitz joint venture known as LNG Japan Corporation has agreed to purchase a 10% stake in the Scarborough gas field, 233 miles (375 km) off Western Australia.
Argentina's Enarsa cancels LNG cargo amid lower demand due to warmer weather
Argentina’s state-run energy company Enarsa has cancelled a shipment of liquefied natural gas, a source familiar with the matter revealed. This comes as the South American country experiences warmer winter weather than what was previously expected.
Colombia’s proposed Pacific LNG project receives first bid
Colombia’s long-delayed Pacific LNG import terminal received its first bid to build and operate the country’s second LNG facility, BNamericas reported on August 12.
First Arctic LNG-2 train arrives at project site
Russia’s Novatek has announced the delivery of the first train of its planned Arctic LNG-2 terminal to the project site on the western shore of the Gydan Peninsula in the Arctic, ahead of its scheduled launch before the end of the year.
Woodfibre LNG moves ahead with construction of modules
Woodfibre LNG, a unit of Singapore-based Pacific Energy, has announced that it has given approval to a Chinese fabrication plant to commence building the 19 modules that will comprise the CAD6.8bn ($5.1bn) LNG facility.
GLNG: Woodfibre LNG moves ahead with construction of modules
Cedar LNG partners push back targeted FID date
The partners in Canada’s Cedar LNG project, the Haisla Nation and Pembina Pipeline, have pushed back the target date for a final investment decision on the project to the fourth quarter of this year.
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