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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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North Macedonia cuts VAT on fuel to curb price surge
ADNOC rolls out new LNG export strategy in response to war
Abu Dhabi's ADNOC Gas announced temporary operational adjustments to LNG production and export-traded liquids in response to ongoing shipping disruptions in the Strait of Hormuz.
Bangladesh looks for more than $2bn in funding to ease fuel, LNG woes
Bangladesh is looking for in excess of $2bn in external financing to help secure fuel and LNG imports, as the government led by new Prime Minister Tarique Rahman moves to stabilise the economy.
Eni invests $15bn in East Kalimantan deepwater gas projects
Italian energy major Eni has taken a final investment decision (FID) on the Geng North and Gendalo-Gandang offshore gas developments in East Kalimantan, committing around $15bn to one of Indonesia’s largest deepwater energy projects in recent years
Canada’s Woodfibre LNG project reaches 65% completion
Woodfibre LNG has reached two-thirds completion following the arrival of its 16th powerhouse module on site in Squamish, British Columbia.
Panama Canal operating at full capacity amid Iran conflict
The Iran conflict has pushed the Panama Canal to full capacity handling up to 38 ships per day.
Iranian attacks on Qatar threaten $20bn in lost revenue
Iranian attacks on critical Qatari energy infrastructure have disrupted 17% of the Gulf Arab country's LNG export capacity, Qatari Energy Minister Saad bin Sherida Al-Kaabi announced.
Iran hits two Qatari LNG trains knocking out 17% of its export capacity
Major attack on Ras Laffan plant damaged two of its 14 LNG trains as well as a gas-to-liquids facility.
Turkey signals April 1 electricity and gas price hikes ahead
Turkey’s government will evaluate electricity and natural gas prices that apply as of April 1, energy minister Alparslan Bayraktar said on March 18 during a televised interview.
Colombia's Ciénaga LNG clears ANI port concession milestone, targeting Q1 2028 start
Ciénaga LNG cleared a critical regulatory hurdle in March after Colombia's Agencia Nacional de Infraestructura (ANI) set the conditions for a port concession covering its planned floating gas import terminal off the Caribbean coast, project director
UN experts oppose African Development Bank's $150mn loan to gas project in restive Mozambican region
A team of UN experts has expressed concern over a recent decision by the African Development Bank (AfDB) to grant a $150mn loan to support the construction of a liquefied natural gas (LNG) project in Mozambique.
Uzbekneftegaz to bore 105 wells with China National Petroleum Corporation subsidiary Xibu
Iran begins charging vessels to transit Strait of Hormuz through IRGC-controlled 'safe corridor'
Iran begins charging up to $2mn per vessel for passage through a new IRGC-controlled "safe corridor" in the Strait of Hormuz, with India, China, Pakistan and Iraq among countries negotiating access.
Pan American Energy ramps up Vaca Muerta output and advances LNG export project
Pan American Energy (PAE) plans to significantly increase oil and gas production in Argentina in 2026, backed by annual investments averaging $1.6bn, as the company expands operations in the Vaca Muerta shale formation.
QatarEnergy warns of potential force majeure on Korean LNG contracts
QatarEnergy may be forced to declare force majeure on long-term LNG contracts with several countries, including South Korea, as supply disruptions persist, according to a report citing the company’s chief executive.
Europe shifts to African LNG amid Middle East, Russia disruptions as Nigeria, Senegal boost supply
Latin America protects domestic markets as oil, gas prices rise
Mexican President Claudia Sheinbaum announced her government will apply fuel subsidies through reductions in the IEPS excise tax on both petrol and diesel as the Middle East conflict pushes up global oil prices and strains domestic fuel costs.
Canadian regulator projects long-term boom in domestic gas production
A new report from the Canada Energy Regulator sees gas production rising across all presented scenarios.
TotalEnergies to accelerate building of $20bn LNG project in Mozambique as Islamist insurgency ebbs
TotalEnergies has said the security situation in northern Mozambique has improved, thus the company will continue constructing its liquefied natural gas (LNG) project there.
Eni approves $5bn Indonesia gas projects
Italian energy group Eni has approved two major offshore gas developments in Indonesia that are expected to produce around 2bn standard cubic feet per day (cf/d) of natural gas, the company said on March 18.
Bangladesh turns to coal as LNG crunch deepens
Bangladesh has sharply increased coal-fired power generation this month as an acute LNG shortage disrupts gas-based electricity output, following supply constraints linked to the ongoing conflict in the Middle East.
Strikes on Iran gas fields could force Turkey to ramp up LNG imports
Damage to Iran’s Asaluyeh gas processing facility in Bushehr province and part of the South Pars complex, after an Israeli missile strike on March 18, risks disrupting pipeline supplies to Turkey, potentially forcing Ankara to raise LNG imports.
YPF to ramp up drilling rigs 50% in Argentina's Vaca Muerta
Argentine national oil company YPF has announced plans to increase drilling rigs in the Vaca Muerta shale formation from 12 to 18 units in 2026. This comes as the company looks to establish a $6bn investment programme for the year.
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