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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.
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EU continues calls to eliminate Russian LNG
EU Energy Commissioner Kadri Simson called on September 14 for the bloc to curb its Russian LNG imports with the end-goal of eliminating them completely, as Brussels considers ways of further strangling Moscow’s revenue source.
Thailand's Gulf-Ratch secures LNG supply agreement with Gunvor for power generation
Thailand's Gulf Energy Development pl (GULF), in collaboration with Ratch Group Public Company Limited (RATCH) have announced a significant milestone in their joint venture project.
Indian blackouts demonstrate a lack of foresight by New Delhi
New Delhi is in the process of searching for more LNG in a bid to alleviate socioeconomic turmoil brought about by ongoing blackouts in some areas.
Environmentalists oppose EXIM support of Papua LNG project
A group of 27 civil society and environmental conservation groups from across the Asia-Pacific, the US and Papua New Guinea have written to the US Export-Import Bank in Washington to “reject” the Category A Papua Liquefied Natural Gas Project.
Bangladesh to purchase two LNG cargoes on the spot market
Bangladesh’s state-run energy company Rupantarita Prakritik Gas Company Ltd (RPGCL) has revealed it will purchase two cargoes of LNG in September and October.
Freeport LNG’s gas intake cut significantly for four days in a row
The US’s second largest LNG facility Freeport LNG has had its gas intake cut sharply for a fourth day in a row on September 12, according to data from the London Stock Exchange Group (LSEG).
US was world’s top LNG exporter in first half of 2023
The US was the leading exporter of LNG globally in the first half of 2023.
Chevron and striking Australian LNG employees to meet at tribunal on September 22
Chevron and striking workers at the company’s LNG plants in Australia will have their dispute heard by an industrial relations tribunal on September 22.
ADNOC Gas signs LNG supply deal with PetroChina
ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced on September 8 that it has signed an LNG supply agreement with PetroChina International Company.
Tellurian shifts to allow non-equity holders of Driftwood to purchase offtake agreements
US LNG developer Tellurian is changing course on financing for its long-delayed Driftwood LNG project planned for the west bank of the Calcasieu River south of Lake Charles in Louisiana.
GLNG: Tellurian shifts to allow non-equity holders of Driftwood to purchase offtake agreements
Turkey’s Karpowership and Argentina’s Galileo to jointly develop floating liquefied natural gas solutions
Spanish dependence on Russian LNG grows in July
Spain’s reliance on Russian natural gas, imported in LNG form, is increasing, even though its overall imports of the fuel are dropping, government data showed on September 8.
Bangladesh group to invest $3bn in clean energy across South Asia
Bangladesh's Summit Group, a leading player in the subcontinent’s energy sector, has unveiled plans to channel $3bn into solar, wind and hydroelectricity projects throughout South Asia.
Japan-US deal on carbon-neutral LNG supply chain moves forward
Houston-based Sempra Infrastructure has agreed a deal with a Japanese consortium to install a carbon-neutral LNG supply chain in the continental USA, with the end product to be shipped back to Japan.
India’s H-Energy to build a gas transmission line in Bangladesh
Commonwealth LNG takes another step forward with non-binding supply agreement
US-based Commonwealth LNG announced this week that it had entered into a heads of agreement with Swiss-headquartered MET Group for the sale and purchase of 1mn tonnes per year of LNG from its planned export terminal.
Thailand anticipates increased LNG imports as crude oil sources decline
The Thai Energy Policy Office (EPO) anticipates an increase in liquefied natural gas imports as the country's crude oil sources wane.
US LNG exports fall in August
US exports of LNG dipped in August with 102 vessels transporting 7.32mn tonnes of the super-chilled fuel, down slightly from the 7.51mn tonnes that were carried abroad in July, according to data from LSEG Eikon.
Woodfibre agrees to supply 100% of its LNG to BP
Pacific Energy and Enbridge-owned Woodfibre LNG signed its third long-term LNG offtake deal with British energy firm BP on September 5.
Golar LNG discussing gas cooperation with Equatorial Guinea
Golar LNG has reportedly held talks with the government of Equatorial Guinea on cooperation in the development and export of offshore natural gas deposits.
Petronas awaits final decision on new Argentinian LNG law
Malaysia’s state-run energy firm Petronas is watching closely developments in Argentina’s Congress of the country’s draft LNG law, which is aimed at giving a jolt to the nation’s LNG sector.
GLNG: Petronas awaits final decision on new Argentinian LNG law
EU LNG imports sink to lowest level in year and a half in August
The EU received 9.8bn cubic metres of gas in liquid form last month, which was 2.8% less than in August 2022 and 10.6% less than in July this year. It marks the second month in a row that imports have fallen on a year-on-year basis.
Santos offloads minor stake in PNG LNG project to Kumul
Australian oil and gas company Santos Ltd revealed on September 1 that it has finalised the initial sale to Papua New Guinea’s state-run Kumul Petroleum of a 2.6% interest in its PNG LNG project.
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