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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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AGOC, KGOC implement Dorra gas deal
Novatek says Arctic LNG-2 remains on track for 2023 launch
The first train at Novatek’s 20mn tpy Arctic LNG-2 project is still on track to start up in December next year, while the second and third trains should come online in 2024 and 2026 as initially planned, according to a project director.
Indonesia eyes IPOs at Pertamina units
Atlantic LNG shareholders strike deal on shareholder reorganisation
Partners in Atlantic LNG have finally reached an agreement on the reorganisation of ownership structures in the facility’s production trains after four years of negotiations.
Sempra, Engie sign offtake agreement for Port Arthur LNG
Sempra has announced an offtake agreement with Engie for liquefied natural gas from Sempra’s proposed Port Arthur LNG facility.
GLNG: Sempra signs offtake agreement with Port Arthur LNG
Freeport LNG again delays restart of an export facility to end of year
Freeport LNG has again delayed the restart of the US’s second-largest liquefied natural gas export facility to the end of December. It was to have opened in mid-December.
Mozambique’s first LNG cargo arrives in Bilbao
The first cargo of LNG exported from Mozambique was delivered to the Spanish port of Bilbao on December 7.
Singapore's AG&P plans first LNG terminal in India by 2024
Eni’s proposal for another FLNG offshore Mozambique
Eni's suggestion for a new FLNG offshore Mozambique appears to be aimed at jump-starting Rovuma LNG in order to take advantage of soaring demand for gas in Europe.
ING: Europe faces stiff competition for natural gas
The collapse in European natural gas prices in recent months has created a false sense of security. While the current winter appears to be more manageable, the region will find it more difficult to build adequate storage for the 2023/24 winter.
LNG in Europe: ready or not?
With the reliable supply of Russian gas to Europe a thing of the past since the eruption of war in Ukraine, many European countries have been scrambling to find alternative sources of energy. Many have turned to LNG.
Massa says Argentina’s government is drawing up new LNG export bill
Argentina's government is drawing up new legislation with the aim of fostering the establishment of LNG export infrastructure and terminals.
Next wave of US LNG projects advances
The next wave of US LNG export capacity is advancing, with various announcements relating to particular projects being made recently.
Bangladesh turns to Brunei for LNG supply
GLNG: Bangladesh turns to Brunei for LNG supply
Norway’s Kanfer Shipping will supply ships for Nimofast’s LNG hub in Paraná state
Norway’s Kanfer Shipping has agreed to support Nimofast Brasil, a trading company based in Curitiba, in its efforts to establish an LNG hub for small- and medium-scale buyers on the Brazilian coast.
Sino-Russian ties continue to deepen as Western sanctions drive their economies together
Widely seen as a marriage of convenience, economic ties between Russia and China are rapidly deepening as the two countries are driven together by pressure from the West.
TTF remain in lull as EU stalls on gas price cap plan
DMEA: Israel eyes new gas export route to Europe
NewMed Energy (Israel) has indicated that it does not want Egypt’s LNG plants to be the sole export outlet for natural gas from the Leviathan field.
Ruvuma (Tanzania) PSA revised to facilitate faster gas development
Shareholders in the Ruvuma licence area in southern Tanzania have revised their production-sharing agreement (PSA) with the aim of accelerating the development of their natural gas resources.
New route to Europe for Israeli natural gas
While the short-term path to European gas markets continues to run through Egypt, NewMed appears to be leaning towards a plan for the installation of an FLNG unit at the Leviathan field.
COP27 – Canada faces criticism for oil and gas stance
Though global delegates have left COP27 in Sharm El-Sheikh, the criticism of Canada’s stance on fossil fuels is still sharp.
NFE, Pemex finalise strategic partnership agreement for Lakach gas project
US-based New Fortress Energy (NFE) has finalised an agreement with Mexico's Pemex on the development of Lakach, a deepwater natural gas field.
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