GLNG - Global LNG

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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.

GLNG customers include:

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.

GLNG  is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Need more convincing?

Chevron choosing to buy rather than build LNG processing facilities

19 July 2023

Chevron head of global gas Freeman Shaheen says the company is fine with buying US LNG on long-term contracts versus building its own domestic export terminal, Reuters reported on July 15.

Finland's Gasum resumes Russian LNG purchases

19 July 2023

Novatek CEO Leonid Mikhelson said in June that Gasum had not bought any LNG from the Kryogas-Vysotsk plant, situated in north-west Russia, since April.

Japan vows to create LNG reserve system

19 July 2023

Japan will develop an LNG reserve system in 2023 in order to secure gas resources in the case of “unexpected situations”, Industry Minister Yasutoshi Nishimura said during the LNG Producer-Consumer Conference in Tokyo.

PetroVietnam and AES receive approval for Son My Terminal

19 July 2023

US energy company AES and state-owned oil and gas firm PetroVietnam have been granted approval from Binh Thuan Province in the country’s southern region to proceed with construction of the Son My LNG Terminal.

Indian Oil signs long-term LNG import deals with ADNOC and TotalEnergies

19 July 2023

India’s largest refiner Indian Oil Corp reached agreement on two long-term LNG import deals last week during Prime Minister Narendra Modi’s visits to France and the United Arab Emirates (UAE), Reuters reported on July 17.

Hong Kong offshore LNG terminal commences operation

18 July 2023

Hong Kong’s new offshore LNG terminal has begun operations after receiving its first shipment of 139,000 cubic metres of the super-chilled fuel Offshore Energy reported on July 17.

Shell signs 12-year LNG supply agreement with Morocco

17 July 2023

Global energy group Shell signed an agreement with Morocco’s state power utility ONEE by which it will supply the North African country with 6bn cubic metres of liquefied natural gas over 12 years.

NextDecade to proceed with $18.4bn Texas LNG project

14 July 2023

NextDecade Corp. has made a positive final investment decision to construct the first three liquefaction trains (Phase 1) at the company’s 27mn tpy Rio Grande LNG (RGLNG) export facility on the US Gulf Coast.

Cheniere avoiding Panama Canal for LNG amid delays

13 July 2023

Cheniere Energy is avoiding the Panama Canal to transport LNG from the US Gulf of Mexico to Asia, the LNG exporter’s chief operating officer, Corey Grindal, has told reporters in Vancouver, Canada.

ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says

12 July 2023

US supermajor ExxonMobil has commended Mozambique’s government for stabilising the security situation in a gas-rich region in the north of the country. This has encouraged the company and its partners in a planned LNG project there to consider FID.

PetroVietnam receives first shipment of LNG

12 July 2023

The Maran Gas Achilles transport vessel arrived in the terminal wharf on 10 July laden with 70,000 tonnes of LNG that will be used for a trial run of the new terminal. The LNG was loaded at Bontang, Indonesia.

Buffett to control US LNG plant in $3.3bn transaction

12 July 2023

Berkshire Hathaway Energy (BHE) has agreed to buy Dominion Energy’s 50% limited partnership stake in Cove Point LNG in Maryland for $3.3bn.

Enagas names Russia as Spain’s largest LNG supplier in June 2023

12 July 2023

Russia was the largest supplier of LNG to Spain in the month of June, providing more than a quarter of the country’s total purchases, according to Enagas data.

Thailand in negotiations with Qatar for long-term LNG supplies

12 July 2023

The possibility of Thailand securing a small-scale contract from the world’s leading exporter, QatarEnergy, is, however, being seen as a possible lead into future discussions on increased imports,

Germany’s plans to fast-track Ruegen LNG terminal could face legal action

11 July 2023

Germany’s plans to fast-track construction of floating LNG terminals off the Baltic Sea coast could be met by legal action, Reuters reported on July 7.

Centrica signs 15-year LNG supply deal with Delfin Midstream

11 July 2023

Centrica plc, the parent company of British Gas, has agreed to a 15-year LNG supply deal with US-based LNG export project developer Delfin-Midstream, Reuters reported on July 11.

Japan looks to Qatar for LNG in effort to diversify supply

10 July 2023

Facing growing energy security concerns, Japanese natural gas buyers are in talks on new LNG supply contracts with Qatar. With Qatar increasing output, a handful of Japanese companies are seeking to secure long-term supply contracts.

Edison CEO says EastMed gas pipeline still in play

10 July 2023

Nicola Monti, CEO of Italy’s Edison Group, said last week that the proposed EastMed Gas Pipeline, which would stretch from the gas fields in the East Mediterranean to Crete, Greece and on to Italy, is still a viable project.

Ukraine interested in LNG transportation via Bulgaria, joint renewable energy projects

10 July 2023

Ukraine is interested in the transportation of liquefied natural gas via Bulgaria and its storage at the Chiren facility, as well as in joint renewable energy projects with Bulgaria.

Tellurian says it will secure equity partners for Driftwood before 2024

7 July 2023

US LNG developer Tellurian says it aims to draw in equity partners before year-end for Phase 1 of its proposed Driftwood LNG project planned for the west bank of the Calcasieu River south of Lake Charles, Louisiana.

Japan issues thinly veiled threat to Australia on LNG exports

6 July 2023

The Japanese government has made what is being seen as a thinly veiled threat to authorities in Canberra on Tokyo’s future involvement in large-scale LNG exports from Australia.

UTM Offshore and partners to construct floating LNG plant in Nigeria

6 July 2023

Julius Rone, the chief executive, revealed in a meeting with Nigerian President Bola Tinubu in Abuja that their project's goal is to produce 1.5mn tonnes per year of LNG for international trade.

Edited by

Ed Reed

Editor

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