GLNG - Global LNG

Inpex raises profit forecast

Japan’s Inpex has raised its net profit forecast for 2022 and kicked off new exploratory drilling over the past week.

Australia’s LNG export revenue up 95% y/y in April

Australia’s LNG export revenue of AUD5.5bn ($3.8bn) in April represented a 95% year-on-year increase, consultancy EnergyQuest has said in its latest monthly Australian LNG report, released on May 13.

Venture Global announces offtake agreements with ExxonMobil, Petronas

US-based Venture Global LNG announced this week that it had struck separate sale and purchase agreements with ExxonMobil LNG Asia-Pacific and Malaysia’s Petronas.

'World’s first' modular LNG FSRU to be deployed in Senegal

KARMOL has announced that the world’s first LNG floating storage and regasification unit (FSRU) is now ready for deployment in Senegal.

Israel jockeys to promote LNG exports to Europe via facilities in Egypt

India lapping up discounted Russian LNG

Gasunie secures Netherlands’ second FSRU

The Netherlands’ Gasunie is to charter an FSRU from New Fortress Energy for five years as part of plans to develop up to 8 bcm per year of LNG import capacity.

US to deliver cheap LNG to Bulgaria from June

Estonia’s Alexela will build quay and procure floating LNG terminal

African Energy Chamber, Mozambique share ideas on ramping up gas development

Gas firms call for US, EU to work on global methane measurement standard

Poland receives first LNG cargo via Klaipeda

Kosmos says GTA project is 75% ready

US-based Kosmos Energy said on Tuesday (May 9) that work on the Greater Tortue/Ahmeyim (GTA) project is more than three quarters complete.

Canada in talks on expediting East Coast LNG exports

The Canadian government is in talks with the developers of two proposed LNG export terminals on Canada’s East Coast to see whether it can help expedite those projects, it emerged last week.

Chinese yards to stop work on modules for Arctic LNG 2

Chinese yards are reportedly set to halt work on modules for the Novatek-led Arctic LNG 2 project in Russia by the end of May.

Wintershall acquiring Edison’s 11.25% interest in Algeria’s Reggane gas facility

Mitsui writes down value of Russian LNG investments

Japan’s Mitsui & Co. said this week that it had written down the value of its investments in two Russian LNG projects by a combined JPY80.6bn ($617mn).

GLNG: Mitsui writes down value of Russian LNG investments

Japan’s Mitsui & Co. said this week that it had written down the value of its investments in two Russian LNG projects by a combined JPY80.6bn ($617mn).

European LNG rundown

MPL expands scope of Puerto Libertad LNG project, targets FID in H2-2022

Mexico Pacific Ltd (MPL) has expanded the scope of its plan to build a new LNG export terminal at Puerto Libertad in Mexico’s Sonora State and will make a final investment decision in the second half of 2022.

Vietnam’s Sovico partners with JERA for LNG supply opportunities

African gas and African realities

The case of Spanish-Moroccan-Algerian tensions over the GME pipeline demonstrates that if the EU wants Africa’s gas, it may also have to confront regional tensions and disputes.

CNOOC lead China’s rush of orders for LNG tankers

Japan’s NYK has ordered six new 170,000 cubic metre gas carriers from CSSC Hudong-Zhonghua Shipbuilding for charter to CNOOC, as China continues to raise its LNG export capabilities.

Gunvor secures long-term deal with Energy Transfer for US LNG

Swiss-based commodity trader Gunvor is to buy 2mn tonnes per year of LNG from Energy Transfer's proposed Lake Charles LNG export terminal.

NextDecade strikes offtake deal with Engie at last

US LNG developer NextDecade reached an agreement this week to supply LNG to French utility Engie. The deal signals a change in course for Engie, which had previously backed out of talks over a supply deal with NextDecade.