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?

RWE planning to exit controversial Ruegen LNG terminal

11 May 2023

German utility RWE AG is leaning towards exiting the controversial LNG project on the Baltic Sea island of Ruegen following the emergence of political rows over the location of the terminal, Bloomberg reported on May 10.

Kosmos Energy says GTA block is set to begin gas production by year-end as expected

11 May 2023

BP is on track to begin production at the GTA block, located offshore Mauritania and Senegal, by the end of this year as scheduled.

Peru LNG exports six cargoes in April

10 May 2023

Peru LNG has reported that its export volumes climbed by about 10% month on month in April 2023.

Aramco Q1 results fall on lower oil price

10 May 2023

Majority state-owned Saudi Aramco announced its results for Q1 2023, with net profit registering a drop of 19% from a year earlier.

China State Shipbuilding delivers the world’s largest VLGC

4 May 2023

A subsidiary of China State Shipbuilding Corporation (CSSC) has finished construction on, and delivered, the world’s largest ever ‘very large liquefied gas carrier’ (VLGC) to Singapore from where it will initially be based.

Vietnam joins Asia’s LNG-reliant nations

4 May 2023

PetroVietnam Gas, a branch of the Vietnam Oil and Gas Group, the nation’s state-owned energy entity based in Hanoi, is looking to purchase a first ever cargo of LNG to commission a newly built import terminal in the extreme south of the country.

Philippines commissions first LNG terminal

4 May 2023

The Philippines has launched commissioning activities at its first LNG import terminal with the arrival of the 137,500 cubic metre ISH floating storage unit (FSU) on April 26 at the terminal jetty in Batangas Bay about 100 km south of Manila.

Liquefied natural gas prices jump in Armenia

3 May 2023

Driven by a dramatic rise in the price of liquefied natural gas, Armenia’s Commission for the Protection of Competition has conducted a preliminary study of the LNG market.

ADNOC cancels, relaunches gas development and relocates LNG plant

3 May 2023

The Abu Dhabi National Oil Co. (ADNOC) has relaunched its multi-billion dollar Hail and Ghasha sour gas development project just days after it terminated pre-construction contracts awarded in January.

Argentina’s IEASA importing more LNG this year

2 May 2023

Argentina’s state-owned Integración Energética SA (IEASA) has arranged to import more LNG cargoes this year than in 2022 because of the fall in LNG prices.

Kumul Petroleum delays purchase of stake in PNG LNG from Santos

2 May 2023

Papua New Guinea state-owned Kumul Petroleum has delayed an agreement to purchase a 5% stake in the PNG LNG project from Santos, the Australian firm and Papua New Guinea Prime Minister said on May 1.

World’s biggest buyer of LNG expects volatile year ahead

2 May 2023

Japanese energy company JERA, the world’s biggest purchaser of LNG, says there is a risk of more market volatility throughout 2023.

ExxonMobil says it cannot start building Rovuma LNG plant without security in Cabo Delgado

1 May 2023

ExxonMobil (US) has said that the Rovuma LNG consortium cannot start work on an onshore gas liquefaction complex without assurances of long-term stability in northern Mozambique.

JERA agrees to purchase LNG from Venture Global in 20-year deal

30 April 2023

Under the terms of the free on board deal, JERA will buy roughly 1mn tpy of LNG from the Venture Global-operated CP2 project to be located in Cameron Parish, Louisiana.

Rio Grande LNG to be financed soon, says NextDecade CEO

30 April 2023

NextDecade Corp. CEO Matthew Schatzman says that a positive final investment decision is likely to be made on the Rio Grande LNG facility soon after the Federal Energy Regulatory Commission’s order reaffirming its approval.

TotalEnergies says restart of construction of $20bn LNG plant in Mozambique is being hampered by cost dispute with contractors

28 April 2023

TotalEnergies has said the security situation in northern Mozambique has stabilised but resumption of work on its LNG project in the area is being complicated by disagreements with contractors over extra costs.

Department of Energy tightens LNG export extensions

27 April 2023

The US Department of Energy has tightened its approval of applications by companies for projects for exporting LNG.

Mozambique's president says TotalEnergies can resume construction of $20bn LNG plant

27 April 2023

Mozambique's President Filipe Nyusi has said that security has been restored in the north of the country and French oil major TotalEnergies can resume building its $20bn liquefied natural gas project.

Qatar reports rise in deliveries of LNG cargoes in first quarter of 2023, amid bright outlook

27 April 2023

Qatar’s LNG exports sector has had a strong start to 2023, with the country shipping 22 more cargoes in the first quarter of the year compared to the same period in 2022.

Golar LNG to build floating liquefied natural gas (FLNG) plant in Nigeria

27 April 2023

The NNPCL has signed a memorandum of understanding with Golar LNG to build a floating liquefied natural gas plant (FLNG) in Nigeria.

Edited by

Ed Reed

Editor

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