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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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US was world’s top LNG exporter in first half of 2023
The US was the leading exporter of LNG globally in the first half of 2023.
Chevron and striking Australian LNG employees to meet at tribunal on September 22
Chevron and striking workers at the company’s LNG plants in Australia will have their dispute heard by an industrial relations tribunal on September 22.
ADNOC Gas signs LNG supply deal with PetroChina
ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced on September 8 that it has signed an LNG supply agreement with PetroChina International Company.
GLNG: Tellurian shifts to allow non-equity holders of Driftwood to purchase offtake agreements
Tellurian shifts to allow non-equity holders of Driftwood to purchase offtake agreements
US LNG developer Tellurian is changing course on financing for its long-delayed Driftwood LNG project planned for the west bank of the Calcasieu River south of Lake Charles in Louisiana.
Turkey’s Karpowership and Argentina’s Galileo to jointly develop floating liquefied natural gas solutions
Spanish dependence on Russian LNG grows in July
Spain’s reliance on Russian natural gas, imported in LNG form, is increasing, even though its overall imports of the fuel are dropping, government data showed on September 8.
Bangladesh group to invest $3bn in clean energy across South Asia
Bangladesh's Summit Group, a leading player in the subcontinent’s energy sector, has unveiled plans to channel $3bn into solar, wind and hydroelectricity projects throughout South Asia.
Japan-US deal on carbon-neutral LNG supply chain moves forward
Houston-based Sempra Infrastructure has agreed a deal with a Japanese consortium to install a carbon-neutral LNG supply chain in the continental USA, with the end product to be shipped back to Japan.
India’s H-Energy to build a gas transmission line in Bangladesh
Commonwealth LNG takes another step forward with non-binding supply agreement
US-based Commonwealth LNG announced this week that it had entered into a heads of agreement with Swiss-headquartered MET Group for the sale and purchase of 1mn tonnes per year of LNG from its planned export terminal.
Thailand anticipates increased LNG imports as crude oil sources decline
The Thai Energy Policy Office (EPO) anticipates an increase in liquefied natural gas imports as the country's crude oil sources wane.
US LNG exports fall in August
US exports of LNG dipped in August with 102 vessels transporting 7.32mn tonnes of the super-chilled fuel, down slightly from the 7.51mn tonnes that were carried abroad in July, according to data from LSEG Eikon.
Woodfibre agrees to supply 100% of its LNG to BP
Pacific Energy and Enbridge-owned Woodfibre LNG signed its third long-term LNG offtake deal with British energy firm BP on September 5.
Golar LNG discussing gas cooperation with Equatorial Guinea
Golar LNG has reportedly held talks with the government of Equatorial Guinea on cooperation in the development and export of offshore natural gas deposits.
Petronas awaits final decision on new Argentinian LNG law
Malaysia’s state-run energy firm Petronas is watching closely developments in Argentina’s Congress of the country’s draft LNG law, which is aimed at giving a jolt to the nation’s LNG sector.
GLNG: Petronas awaits final decision on new Argentinian LNG law
EU LNG imports sink to lowest level in year and a half in August
The EU received 9.8bn cubic metres of gas in liquid form last month, which was 2.8% less than in August 2022 and 10.6% less than in July this year. It marks the second month in a row that imports have fallen on a year-on-year basis.
Santos offloads minor stake in PNG LNG project to Kumul
Australian oil and gas company Santos Ltd revealed on September 1 that it has finalised the initial sale to Papua New Guinea’s state-run Kumul Petroleum of a 2.6% interest in its PNG LNG project.
Peru LNG sees export volumes drop in August due to maintenance
Peru LNG, the operator of a gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes drop slightly more than 36% m/m in August 2023.
Can Europe simply ban Russia's soaring LNG imports too?
Europe has cut itself off from Russian gas following the destruction of the Nord Stream 1 & 2 pipelines last year, but imports of Russian liquefied natural gas have soared as it seeks sources of fuel and has few other options. Or does it?
Buyers of US LNG reportedly facing higher liquefaction fees
Buyers of US LNG are reportedly agreeing to higher liquefaction fees at newer export projects in the country.
Malaysia's state-owned energy company Petronas to permanently shut part of Sabah Sarawak gas pipeline amid safety concerns
Petronas, Malaysia's state-owned energy company, has announced its decision to permanently shut down a portion of the Sabah Sarawak Gas Pipeline (SSGP), a vital conduit delivering feed gas to the Petronas LNG Complex.
Thai-Vietnam LNG project a potential ground-breaker in regional LNG co-operation
In a recent meeting between the head of Vietnam’s Thanh Hóa Province and Thai energy developer Gulf Group it was provisionally agreed to build an LNG terminal in the province just south of Hanoi.
ExxonMobil says world will fail to meet Paris goal in 2050
Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.
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