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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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Mauritania to export LNG in mid-2024
Mauritania is set to make a significant mark on the global energy stage as it announces plans to commence its first liquefied natural gas exports in mid-2024.
Thai Binh LNG plant gets green light for offshore port for 150,000-tonne ships
Vietnam's Ministry of Transport has approved plans for a floating warehouse port to receive liquid/gas cargo ships of up to 150,000 tonnes off the coast of Tra Ly estuary in Thai Binh province
President Jokowi unveils Tangguh Train 3 to boost annual LNG production
President Joko Widodo has officially inaugurated the Tangguh Train 3 National Strategic Project in Teluk Bintuni, a move poised to catapult Tangguh's annual LNG production to 11.4mn tonnes
Japan’s JERA gets the OK on LNG stockpiling plan
Japan's Ministry of Economy, Trade, and Industry has given the green light to an initiative proposed by JERA, the nation's leading power generator
Bangladesh nears LNG supply deal with Summit Group
Bangladesh energy company Summit Group is in the final stages of negotiations with the government of Bangladesh to supply its state-run company Petrobangla with about 1.5mn tonnes per year of LNG.
Delfin, ARC sign long-term LNG and gas agreements with Gunvor, Cheniere
Delfin Midstream Inc. and Gunvor Group have announced that Gunvor Singapore Pte has entered into a long-term LNG sale and purchase agreement with Delfin LNG.
Bulgartransgaz considers investing in second LNG terminal in Greece
EU ports reship more than 20% of imported Russian LNG
Over one fifth of LNG imported by Europe from Russia is being transhipped to other destinations around the globe according to data from a think-tank, the Institute for Energy Economics and Financial Analysis.
Turkey moves ahead with Sakarya gas field development
State-owned Turkish Petroleum Corporation (TPAO) has purchased from Brazil a large platform that it will use for processing gas produced at the Black Sea offshore Sakarya gas field.
Cambodia to build first gas-fired power plant, replace coal project with LNG facility
Cambodia has scrapped plans to build a 700-MW coal-fired power plant in Koh Kong and will instead build an 800-MW LNG plant
Guyana to achieve oil payback in under ten years, WoodMac analyst says
A Wood Mackenzie industry analyst has projected that the Guyana basin should achieve payback within eight to 12 years with oil sales in the range of $60 to $80 per barrel. Wood Mac expects Guyana to show particularly strong upstream growth.
Pakistan sees only top-drawer bids for January LNG delivery
Pakistan has received four international bids for the supply of an LNG cargo in early January, with the lowest bid at $18.46 per unit
Mexico Pacific awards contract for Saguaro LNG pipeline
Mexico Pacific, the developer behind the planned $14bn Saguaro Energia LNG export project, has granted the engineering, procurement, and construction (EPC) contract for the pipeline that will supply natural gas to the proposed facility.
Japan pledges to work with Mozambique towards restarting $20bn LNG project
Mozambique and Japan have committed to collaborate on resuming the development of a LNG project in the north of the African nation halted in 2021 due to security concerns.
AfrOil: Environmentalists urge banks not to support Mozambique LNG
Daewoo signs MoU with Yemen covering LNG terminal, power plant
South Korea’s Daewoo Engineering & Construction has signed a memorandum of understanding with Yemen’s Ministry of Electricity and Energy to build a LNG receiving terminal in Yemen.
Indian Oil plans to double Ennore LNG terminal capacity amid push for more gas
Indian Oil Corp will double the capacity of the Ennore LNG import terminal in the country’s south-eastern state of Tamil Nadu, the firm’s executive director for gas business announced on November 24.
GLNG: Indian Oil plans to double Ennore LNG terminal capacity amid push for more gas
Trafigura to supply Philippines with LNG cargo
Philippines’ power generation company First Gen Corporation (FGEN) has awarded its second LNG cargo tender to Swiss trader Trafigura. The cargo is to be delivered to a floating storage and regasification unit (FSRU), the BW Batangas.
Japan asks LNG buyers to secure long-term deals to strengthen energy security
The Japanese government is requesting that LNG importers make efforts to secure decades-long supply deals amid growing concerns in the country over energy security.
President Joko Widodo inaugurates Tangguh Train 3 LNG project in Papua
President Joko Widodo has officially inaugurated the Tangguh Train 3 LNG project, operated by British Petroleum.
Algeria agrees to extend LNG supplies to Turkey until 2027
Algerian state oil and gas firm Sonatrach signed an agreement to extend gas supplies to Turkish state energy utility Botas for three years, Turkey’s energy minister Alparslan Bayraktar said.
High prices to lead to challenges for imports of LNG in Vietnam
Vietnam is contemplating the increased development of LNG as one of the means to transition to low-emission energy sources.
Czechia secures capacity in German LNG terminal
Majority state state-owned Czech energy utility CEZ secured annual capacity, amounting to 2bn square metres until 2027, at the Stade LNG terminal, which is currently under construction and is located near the German port city of Hamburg.
Nigeria, Germany sign deals on gas and renewable energy
Nigeria has signed a deal with Germany to increase gas exports, with Berlin pledging to invest $500mn in renewable energy projects in return, according to an announcement by the Nigerian government.
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