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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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US LNG exports climb in August
US LNG exports saw an uptick in August as European countries purchased higher volumes to shore up ahead of winter.
Venture Global’s Plaquemines Phase 2 on schedule for deliveries
Venture Global’s Plaquemines Phase 2 is on schedule to commence deliveries of contracted LNG cargoes.
Tanzania’s TPDC seeks more than 30% stake in mini-LNG project
Tanzania Petroleum Development Corporation (TPDC) is seeking a stake of more than 30% in the country’s planned small-scale liquefied natural gas project as partners aim to finalise its ownership structure by the end of September.
Pakistan rejects LNG cargo at three times the pre-war price as blackouts deepen
Pakistan has scrapped an emergency tender for liquefied natural gas after the only bid came in at nearly three times pre-war prices, leaving its power sector short.
Shell completes acquisition of ARC Resources for $16.5bn
World’s largest LNG trader could be eyeing future LNG projects following ARC Resources acquisition.
Bangladesh to buy four LNG cargoes
Bangladesh has approved the purchase of four additional liquefied natural gas (LNG) cargoes to meet rising domestic demand.
Vietnam’s $2.7bn Thai Binh LNG project picks technical adviser
Vietnam’s Thai Binh LNG project has appointed AFRY as its international technical adviser.
Costa Rica's recope eyes $120mn LPG storage expansion at Moín as studies near completion
Costa Rica's state fuel company Recope is advancing feasibility studies for a 134,000-barrel LPG storage expansion at its Moín terminal in Limón province, with the analysis due to complete in 2026 and the infrastructure targeted
Ecuador's TPG commits $50mn to expand Guayaquil port capacity
Ecuador's Petroecuador strengthens 27 sites as El Niño risks rise
Petroecuador has deployed preventive measures at 27 strategic sites across Ecuador since May to protect oil infrastructure and maintain fuel and liquefied petroleum gas supplies amid potential impacts from the El Niño-Southern Oscillation
Aramco weighs first domestic LNG plant
Saudi Aramco is advancing plans for an LNG facility on Saudi soil, MEED reported this week, marking a potential shift in the kingdom’s gas strategy
Egypt considers leasing second floating LNG storage unit to secure gas buffer
Egypt is evaluating chartering a second floating storage unit (FSU) with a capacity of 150,000 cubic metres in September 2026 to build an emergency natural gas buffer and hedge against delivery delays or potential declines in Israeli pipeline imports
Wildfires threaten Tangguh LNG and Indonesian oil and gas operations
Forest fires have spread close to BP’s Tangguh LNG complex and several other oil and gas operations in eastern Indonesia, prompting increased firefighting efforts, although production has largely continued without disruption.
Asian spot LNG prices hit five-month high on Hormuz disruption
Asian spot LNG prices climbed to their highest level in five months on September 1, as buyers sought replacement cargoes amid continued disruption to Qatari supply and renewed tensions between the US and Iran.
Chevron warns environmental challenge could cause delays to Australia's Gorgon LNG project
US oil major Chevron has warned that a legal challenge against environmental approval for infrastructure supporting its Gorgon LNG project in Western Australia could cost the company around A$40mn per month if key works are delayed.
Bolivia bets $6.4mn on new gas well as Paz pushes to revive energy sovereignty
Bolivian President Rodrigo Paz Pereira inaugurated the Junín-9D gas well in Santa Rosa del Sara, Santa Cruz department, marking a $6.4mn investment aimed at reviving hydrocarbon exploration and reversing two decades of declining domestic production.
Italy's MAIRE lands early engineering work at Asian LNG plant
Italian firm MAIRE’s Tecnimont has secured early engineering work for a large-scale gas monetisation project in South America and a front-end engineering design (FEED) contract for an LNG plant in Asia.
El Salvador's Energía del Pacífico receives 40th LNG cargo
Vietnam's Cai Mep LNG receives third commercial cargo
AG&P LNG has received the third commercial LNG cargo at its Cai Mep terminal in southern Vietnam, as the facility moves towards a regular import schedule.
Sempra starts FERC process for Port Arthur LNG expansion
The proposed project would add four liquefaction trains – Trains 5-8 – with capacity of up to around 27mn tonnes per year.
Pakistan seeks spot LNG cargo for September delivery
Pakistan has moved to secure an additional liquefied natural gas (LNG) cargo from the international spot market as it looks to meet near-term energy requirements.
Another Russian-built Arc7 LNG carrier loads its first cargo
Russia’s new Arc7 LNG carrier Konstantin Posyet appears to have loaded its first cargo from the sanctioned Arctic LNG 2 project, adding another specialised ice-class vessel to the limited fleet available to serve the development.
MSGBC gas projects shift focus to infrastructure and investment
The MSGBC Basin is moving from major discoveries towards project development, with Senegal and Mauritania seeking to build gas and LNG industries that can support exports and domestic energy needs.
Argentina secures $900mn financing for Vaca Muerta LNG pipeline
Argentina’s San Matías Pipeline consortium has secured a $900mn seven-year project finance loan to build a 472-km pipeline linking the Vaca Muerta shale formation with planned floating LNG facilities on the Atlantic coast.
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