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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.
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ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says
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
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
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
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
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
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
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
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
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
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
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
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
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.
Mexico Pacific, Zhejiang Energy sign long-term supply deal for Saguaro LNG
Mexico Pacific Ltd has agreed to supply Zhejiang Energy International of China with LNG from a new natural gas liquefaction plant slated for construction in Sonora State.
China’s appetite for LNG increases as Beijing just keeps on importing
China is on track to push its oil consumption figures past those of the US by 2034, according to a report released by the US Energy Information Administration.
NGC working to expand presence in gas sector
National Gas Co. of Trinidad and Tobago Ltd (NGC) is taking significant steps to expand its footprint in the natural gas sector through a series of strategic acquisitions of upstream and downstream assets.
Peru LNG reports export volumes up in June
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw its LNG export volumes rise more than 25% month on month in June 2023.
China’s Wison begins construction of Eni’s Congo floating LNG unit
Chinese shipyard Wison Heavy Industry has begun the fabrication of topsides for Eni’s floating LNG unit, which will be deployed offshore the Republic of Congo, Offshore Energy reported on July 4.
Spain’s El Musel terminal receives first LNG ship
The El Musel LNG terminal in north-west Spain received its first LNG ship on July 1 when Cool Racer, owned by Greece’s Thenamaris, arrived for its first unloading.
Russia’s LNG exports drop 9% in first half of 2023
Russia has seen a dip in total LNG exports in the first half of 2023, Reuters reports. From January to June, Russia’s LNG deliveries dropped by 9.4% to about 14.4mn tonnes, according to data revealed on July 3 by Refinitiv Eikon.
Eni kick-starts consultations for environmental approval for floating LNG project in Mozambique
Greece gets 27 bids for gas grid capacity
Greek gas grid operator DESFA on June 27 revealed that it had garnered interest from 27 US and European companies seeking to reserve future capacity on its gas grid.
Gulfstream LNG awarded export approval
The US Department of Energy has granted export approval to Gulfstream LNG, a greenfield LNG export project located in Louisiana currently under development.
Shell takes criticism for ongoing Russian LNG sales
Shell has come under fire for its continued trade of Russian LNG, following an investigation by Global Witness which showed that the UK major was the fifth-biggest trader of the country’s super-cooled fuel in March to December last year.
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