GLNG - Global LNG

Russia eyes LNG Brazil for LNG exports

Russia believes it has a favourable outlook for exporting LNG to Brazil, Russia’s ambassador to the country told reporters in Brasilia at a meeting of the Russian-Brazilian intergovernmental on May 25.

Diplomatic progress prompts cautious resumption of Hormuz transit

The tentative reopening of the Strait of Hormuz has allowed critical LNG and crude tankers to resume transit amid progressing US-Iran diplomatic negotiations.

Pakistan seeks Gulf backing for oil reserve hub siting

Pakistan has revealed that it is hoping to persuade Gulf oil producers to establish crude storage reserves at a planned energy hub near Gwadar Port as Islamabad attempts to strengthen domestic energy security following months of disruption.

Australian Union Group Pulls Strike Action at Inpex’s Ichthys Plant

The Offshore Alliance union group has pulled strike action that had been planned for Inpex’s Ichthys LNG plant on May 27 and 28.

Indonesian gas company PGN locks in 80% dividend payout ratio, deploying $172.29mn cash return

State-backed gas infrastructure monopoly PT Perusahaan Gas Negara Tbk(IDX: PGAS) has officially greenlit a massive cash dividend distribution totaling $172.29mn

India's April LNG imports drop 30%

India’s liquefied natural gas (LNG) imports in April stood at 1.954bn cubic metres (bcm), registering a sharp 29.6% drop compared with the same month last year.

Vietnam’s PV power prioritises LNG expansion funding

State-owned energy firm PV Power has no plans to float major subsidiaries or cut its ownership below 51%, choosing instead to protect long-term cash flow as it prepares for a costly new phase of LNG power investments.

Turkey's BOTAS signs ‌memorandum with Italy’s Edison to explore potential natural gas, LNG options

QatarEnergy signs MoU on exporting Cypriot gas via Egypt

The agreement announced on May 21 will examine how future gas production from offshore Cyprus could be integrated with Egypt’s domestic gas network and LNG facilities.

Russia completes probe into LNG carrier hit by drones in Mediterranean

Russia’s Investigative Committee said on May 25 it had completed an inspection of the damaged LNG carrier Arctic Metagaz.

Another LNG Tanker Exits Strait of Hormuz for Pakistan

Cheniere’s Corpus Christi plant produces first LNG from Train 6

Expansion of Texas LNG plant is ahead of schedule to be completed this year.

Santos takes FID on Papua New Guinea gas project

Santos and its partners in the PNG LNG project have approved a new gas development in Papua New Guinea aimed at sustaining LNG export supply.

Western Australia will be exempt from 20% gas reservation requirement

The exemption eases fears of regulatory overlap and further uncertainty for LNG producers operating in Western Australia.

Trinidad sets fiscal terms for Venezuela gas imports as Dragon talks gather pace

Trinidad and Tobago moves to formalise revenue terms for Venezuelan cross-border gas as Dragon field negotiations gather pace and upstream decline squeezes Atlantic LNG output.

Australian LNG firms warn of long-term fallout from Hormuz crisis

Australia’s biggest LNG producers warned that the disruption to flows through the Strait of Hormuz could have long-lasting consequences for global energy markets.

Japan's Inpex strikes domestic gas deal with Indonesian firms

Japan’s Inpex signed a gas sales agreement on May 20 with several Indonesian state-controlled companies covering supply from the long-delayed Abadi LNG project.

Congo pushes stronger local content and LNG expansion in energy sector talks with AEC

High-level talks between Congo’s minister of hydrocarbons and the African Energy Chamber focused on strengthening local content and advancing gas sector expansion to position the country as a regional gas hub.

Turkey's Karpowership launches 250 MW LNG-to-power project on Mexico's Yucatán Peninsula

Argentina, Chile discuss energy integration pact linking Vaca Muerta gas to Asia

Argentina and Chile are negotiating a bilateral energy integration agreement that could allow natural gas from Vaca Muerta to reach Asian markets through Chilean Pacific ports.

Korea’s Daewoo E&C expands LNG footprint in Africa

Daewoo Engineering & Construction is expanding its role in Africa’s liquefied natural gas sector through major projects in Nigeria and Mozambique, strengthening its position as South Korea’s leading LNG infrastructure contractor

Rwanda confirms continued military deployment in Mozambique’s Cabo Delgado

Kigali will maintain military operations in Cabo Delgado province under an arrangement with Maputo, underscoring Rwanda’s continuing role in stabilising the insurgency-hit region that hosts some of Africa’s largest LNG projects.

Italy's Eni plans to build a third floating natural gas project in Mozambique

Italian oil giant Eni (BIT: ENI, NYSE: E) is considering developing its third floating liquefied natural gas (FLNG) project in Mozambique’s Rovuma Basin.

Latin America and Caribbean pump 11% of world oil in 2025 as regional output jumps 20%

Latin America and the Caribbean boosted oil production by 20% last year compared with 2024, accounting for roughly 11% of global output ahead of the Iran conflict and the subsequent price escalation, OLACDE said in a new report.

BP to focus on increasing its LNG trading

British supermajor BP has plans to expand its LNG trading and will dismantle its pipeline gas trading team.