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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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Japan’s LNG imports drop by 8% in 2023
Japan has reported a dip in LNG imports in 2023, with the northeast Asian country bringing in 66.2mn tonnes of the super-chilled fuel, according to preliminary data from the Ministry of Finance.
Qatari LNG deliveries to Europe delayed by Red Sea conflict
Qatar’s LNG deliveries to customers in Europe will be delayed as the Gulf country reschedules shipments and routes amid the crisis in the Red Sea.
India close to inking landmark deal with Qatar for affordable LNG
In what is being seen as a major development for the global LNG market, QatarEnergy is poised to finalise a landmark long-term LNG supply agreement with India
Biden urged by natural gas coalition to avoid pausing LNG export approvals
US President Joe Biden has been urged by a group of natural gas producers and pipeline companies to reconsider against any action to pause US LNG export approvals.
Trinidad and Tobago opens talks with Europe on supply of LNG
Trinidad and Tobago is in the midst of negotiations with countries in Europe on supplying them with LNG produced from Venezuelan gas.
Gas exporting countries expect tight LNG market until 2026
Tight global LNG markets have been forecast until 2026 by the Gas Exporting Countries Forum (GECF).
Guyana VP labels Gas-to-Energy project opponents as "hopelessly misguided"
Guyanese Vice President Bharrat Jagdeo labelled Gas-to-Energy project opponents Elizabeth Deane-Hughes, Vanda Radzik, and international lawyer Melinda Jankifor as “hopelessly misguided”.
Pertamina faces $173mn loss in LNG procurement and Maurel & Prom acquisition
The Supreme Audit Agency has finalised its examination of state losses in the alleged corruption cases linked to the procurement of LNG) and Pertamina's acquisition of Maurel & Prom
Greece, India, Turkey significantly increased Russian LNG imports in 2023
India, Turkey and Greece significantly ramped up imports of Russian LNG imports last year.
ING: What the Red Sea crisis could mean for commodity markets
Attacks by Iranian-backed Houthis from Yemen on commercial vessels passing through the Red Sea have made some shipowners reluctant to sail via the Suez Canal and Red Sea.
QatarEnergy pauses sending LNG vessels via the Red Sea amid Houthi attacks
QatarEnergy will pause sending LNG tankers through the Red Sea amid growing security concerns as Yemen’s Iran-back Houthi militia ramp up attacks in the busy shipping lane in support of the Palestinian Islamist group Hamas’ war with Israel.
Contract for jetty construction awarded for second Wilhelmshaven LNG terminal
FSRU Wilhelmshaven, a joint venture between Engie and Tree Energy Solution, has issued a contract to Dutch firm Van Oord for construction of a floating storage and regasification unit jetty at Wilhelmshaven in Germany.
Houthi rebels vow not to target Russian ships despite two accidental attacks on tankers
Houthi rebels have vowed not to target Russian ships passing through the Red Sea, potentially shielding both countries from some of the fallout on international trade caused by the crisis.
Thailand to limit LNG imports in 2024 to cut power costs, boost domestic production
In a policy shift aimed at reducing power expenses and enhancing energy self-reliance, Thailand is set to curtail its growth in LNG imports in 2024
Arctic LNG 2 to ship first cargo before end of January
Russia’s Arctic LNG 2 project will ship its first tanker to Asia before the end of January, industry sources told Reuters on January 16.
QatarEnergy agrees the world's largest LNG carrier deal with China
In a move to expand its LNG fleet, QatarEnergy has reportedly reached an agreement with Hudong-Zhonhua Shipbuilding of China for the construction of the world's largest LNG carriers
IEA sounds alarm: geopolitical tensions in Middle East pose serious threat to global oil supplies
The Middle East, a region that commands one-third of the world's seaborne oil trade, is facing heightened geopolitical tensions that could significantly affect global oil supplies.
Indonesia's oil and gas output set to miss targets, SKK Migas commits to bridging the gap
Indonesia's oil and gas production for the year is expected to fall short of government goals
Tourmaline signs long-term LNG deal with Trafigura
Calgary-headquartered Tourmaline has reached a long-term LNG deal with commodity trading firm Trafigura, the two companies revealed on January 16.
QatarEnergy alters route of LNG tankers to Cape of Good Hope
Three vessels transporting LNG for QatarEnergy are rerouting their journey to Europe around the Cape of Good Hope after pausing on the weekend amid security concerns in the Red Sea following attacks by Yemen’s Iran-backed Houthi militia.
US LNG exports to Asia stymied by Panama Canal drought, Red Sea attacks
LNG exports from the US to Asia are facing longer journeys because of limited shipping through the drought-stricken Panama Canal and Houthi attacks on cargo ships in the Red Sea.
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