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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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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.
North Field East to capture 2.9mn tpy of CO2: GECF
QatarEnergy’s North Field East LNG development will capture 2.9mn tonnes per year of CO2. The claim was made in a recent statement by the GECF about the role that carbon capture utilisation and storage can play in reducing greenhouse gas emissions.
Vopak expands ties with Gasunie, updates on LNG projects
Vopak has announced that it will acquire 50% of the shares in EemsEnergyTerminal, an LNG import terminal located in the Eemshaven in the Netherlands, in partnership with Gasunie, subject to approval from competition authorities.
Floating LNG projects soar with $35bn worth of contracts to be awarded by 2027
Investment in floating liquefied natural gas production terminals is set to climb significantly in the next five years with $35bn in engineering, procurement and construction contracts expected to be doled out.
Novatek seeks tax cuts for LNG projects
Russia’s Novatek has requested that the government grant its Yamal LNG project further deferral of additional profit tax for 2022 and also cut its rate.
CNOOC Ltd reportedly eyeing FLNG development plan for BCD-10 gas reserves offshore Gabon
CNOOC is reportedly considering using an FLNG vessel to monetise natural gas resources at Block BCD-10, located about 145 km offshore Gabon.
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