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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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Baker Hughes on track to record almost $9bn worth of orders for LNG equipment in 2022/2023
Houston-headquartered energy services company Baker Hughes revealed it is on track to bring in almost $9bn in LNG equipment sales orders between 2022 and 2023, during a third-quarter earnings call.
BP’s expanded Indonesian Tangguh LNG facility ships first cargo
BP’s Tangguh LNG plant has delivered the first cargo of LNG produced from the facility’s new third liquefaction unit the company announced on October 20.
Israel makes licensing awards amid conflict
Israel has announced the results of its fourth competitive licensing round, handing 12 offshore licences to six companies
Vietnam’s largest LNG terminal, Thi Vai, begins operations: a milestone for clean energy in the country
The Thi Vai liquefied natural gas terminal, a colossal 1mn-tonne project, has commenced its operations in the southern province of Ba Ria - Vung Tau, marking a substantial leap in Vietnam's energy landscape
ADNOC Gas signs LNG supply deal with JERA
The gas arm of Abu Dhabi National Oil Co. (ADNOC) this week signed an LNG supply agreement with the trading subsidiary of Japan’s largest power generation firm.
Oman LNG inks deal to supply Shell and TotalEnergies for 10 years
State-run Oman LNG has signed a contract to extend supply of the super-chilled fuel to shareholders Shell and TotalEnergies for up to 10 years.
Italy next in line for Qatari LNG
Following the recent deals signed for the supply of Qatari LNG to France and the Netherlands, QatarEnergy and Eni have agreed terms on a contract to ship gas to Italy.
TotalEnergies to take FID on new Mozambique LNG Terminal in 2024
Germany’s SEFE continues to transport Russian LNG
A German state-run trader has come under criticism for continuing to transport Russian LNG.
War in Gaza won’t change the outcome for East Med Gas Pipeline (EMGP) project
War in Gaza won’t change the outcome for EMGP, which lost too much momentum before the Mideast fell into conflict.
Montenegrin NGOs urge European Commission not to build LNG terminal at Port of Bar
Critics accuse European Commission of actively encouraging higher fossil gas consumption across the Western Balkans.
Tango FLNG, Excalibur FSU leave Dubai for Eni’s Congo LNG project
Italy’s Eni reported on October 21 that the first two vessels it will use in its Congo LNG project had left the dock in Dubai.
Canadian oilpatch ripe for M&As as Tourmaline set to buy Bonavista for $1.12bn
Canada’s largest natural gas producer, Tourmaline Oil, plans to acquire the rival privately held Bonavista Energy to add Deep Basin gas growth. The price-tag would be CAD1.5bn ($1.1bn) cash and stock.
Chevron reaches deal with workers on eve of strikes resuming at Australian LNG plants
Australia’s Offshore Alliance union has agreed to terms on pay and conditions at Chevron’s Gorgon and Wheatstone LNG facilities, ending the possibility of renewed strikes at the plants.
Thailand’s Bangchak opens nation’s first LNG station
In a pioneering move for the Kingdom, Thailand's energy giant, Bangchak, has inaugurated the nation's inaugural LNG refueling station for regular vehicles.
GLNG: Venture Global asks FERC for authorisation to commence part of Calcasieu LNG plant
Venture Global asks FERC for authorisation to commence part of Calcasieu LNG plant
US LNG producer Venture Global has requested authorisation from the Federal Energy Regulatory Commission to begin service of liquefaction blocks 7-9 at Calcasieu Pass LNG terminal in a filing made on October 10.
QatarEnergy and Shell sign deals to supply LNG to Netherlands
State-owned QatarEnergy and IOC partner Shell this week signed two long-term sale and purchase agreements to supply up to 3.5mn tonnes per year of LNG from Qatar to the Netherlands.
Indonesia's Masela LNG project future uncertain as hybrid approach is considered
The Indonesian Energy and Mineral Resources Minister, Arifin Tasrif, has ignited speculation surrounding the future of the Masela liquefied natural gas project by suggesting a shift toward a hybrid offshore and onshore development system.
Trinidad and Tobago reportedly expects Atlantic LNG to sign restructuring agreement in November
Shareholders in the Atlantic LNG plant are reportedly on track to sign a restructuring agreement in London next month.
Iran calls for industrial investment in natural gas storage
The National Iranian Gas Co. (NIGC) has called on large industries to invest in the aboveground storage of natural gas, as the country seeks to improve its ability to manage and respond to fluctuations in energy demand effectively.
IEA declares end to "Golden Age of Gas"
The energy crisis triggered by Russia’s invasion of Ukraine effectively marks the end of the 10-year Golden Age of Gas, the International Energy Agency said in its medium-term gas market report this month.
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