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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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Angola reports oil revenues, volumes down in Q1-2023
José Barroso, Angola’s secretary of state for oil and gas, reported that the country had seen crude oil export volumes and revenues decline year on year in the first quarter of 2023.
Russian energy exports to China soar in Q1
Russian supplies of oil, pipeline gas and LNG to China soared in the first quarter of this year, customs authorities in Beijing reported on April 21, reflecting the diversion of the country’s energy exports from Western markets.
Tokyo, Seoul agree deal to guarantee gas supply
Japanese firm JERA and Korea Gas (KOGAS) have agreed to work together to help guarantee gas supplies to the two long-term rivals as much of Asia continues to struggle to secure cargoes.
China, India hungry for LNG cargoes as spot prices drop
As per data released by commodity analyst firm Kpler, LNG imports to the subcontinent will be in the region of 1.84mn tonnes in March, significantly higher that the 1.27mn imported in February, itself the lowest rate of import in over six years.
India’s Dhamra terminal receives first cargo as LNG imports continue to rise
The Dhamra LNG terminal in India’s eastern state of Odisha received its first cargo on April 17, ahead of startup. The facility co-owned by TotalEnergies and Adani Group will give the Asian country seven LNG terminals in operation.
Nigeria's NLNG failing to meet gas export obligations due to pipeline vandalism
Nigeria Liquefied Natural Gas (NLNG) is currently failing to meet its gas export obligations to customers, primarily due to the vandalism of gas pipelines and theft.
Krk LNG to boost import capacity
Hong Kong readies for launch of LNG terminal
Preparations are underway for the launch of the offshore Hong Kong LNG terminal following the floating storage and regasification unit’s (FSRU) completion of checks and clearance procedures.
LNG Croatia terminal expands gas capacity in Norway deal
LNG Croatia has signed a deal with Norwegian firm Wartsila Gas Solutions for the delivery of an additional regasification module, LNG Croatia revealed on April 14. The module will boast a capacity of 250,000 cubic metres per hour.
Wison reportedly wins EPC contract from India’s Padah LNG for mystery Nigerian project
China’s Wison Offshore and Marine has won a contract to provide procurement services for the builder of an onshore LNG plant in Nigeria’s Akwa Ibom State, Upstream Online has said.
Beleluane Gas Co. begins seeking owners engineer for delayed Mozambican LNG import project
BGC, the operator of a planned LNG import terminal in Mozambique, said late last week that it was seeking an owners engineer to supervise EPC activities for its project.
Netherlands vows to stop importing Russian LNG
The Dutch government has pledged to stop importing Russian LNG, as it targets an expansion in overall LNG capacity to offset the loss of Russian pipeline supply.
Novatek gets patent for improved Arctic Cascade liquefaction tech
Novatek has obtained a Russian patent for an improved version of its Arctic Cascade liquefaction technology, the company reported on April 13, as it pushes to localise LNG production in response to Western sanctions.
Biden administration approves LNG exports from Alaska project
The Biden administration gave the green light on April 13 to exports of LNG from the Alaska LNG project to countries with which the US does not have a free trade agreement. The majority of the LNG produced at the facility would be shipped to Asia.
Latvia scraps plans for controversial LNG terminal but still needs to ditch fossil gas
Shell opens LNG fuelling station in Hungary
French firm Technip Energies wins major LNG deal in China
French firm Technip Energies has secured what is being termed a significant deal with the north-west China-based Shaanxi Yanchang Petroleum Group, and Shaanxi Gas Group.
EU ban on Russian LNG could backfire
Momentum is building behind calls for the EU to impose a ban on Russian LNG, even though doing so could make it harder for the bloc to stock up on gas supplies before next winter.
Tellurian seeks Japanese and Indian investment for Driftwood LNG project
US LNG developer Tellurian is holding discussions with Japanese and Indian companies on potential investment in Tellurian’s planned Driftwood LNG terminal, the company’s CEO Octavio Simoes told Nikkei on April 11.
Sinopec becomes partner QatarEnergy’s NFE project
State-owned QatarEnergy this week signed a partnership deal with China Petrochemical Corp. (Sinopec) for the North Field East (NFE) expansion project.
Novatek purchases 27.5% stake in Sakhalin Energy for $1.1bn
The Russian government has approved the sale of a 27.5% stake in Sakhalin Energy to Novatek, the largest independent natural gas producer in Russia.
Poland declares off-limits zone around Swinoujscie LNG terminal to prevent Russian sabotage
Aussie LNG exports reconsidered to aid in local fuel supply
With winter fast approaching in the southern hemisphere, Australian authorities are pondering whether to limit LNG exports as winter Down Under threatens possible power supply risks.
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