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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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major power companies, investment banks, consultancies, government agencies, law firms, accountancies, academics and economists. Its scope includes news and intelligence, broken down by geographic area to include Africa, Asia, the Americas, Europe and the Middle East.
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Australian court dismisses challenges against Woodside gas projects
The Supreme Court of Western Australia has dismissed two challenges brought against gas projects operated by Woodside.
Spotlight shines on US LNG as Europe grapples with gas questions
US LNG is in the spotlight as Europe urgently considers how it can reduce dependence on Russian gas in the wake of Moscow’s attack on Ukraine.
Trinidad and Tobago’s PM comments on potential lost revenue from LNG sales
Trinidad and Tobago’s Prime Minister Keith Rowley claimed at the Sixth Summit of the Gas Exporting Countries Forum (GECF) that his nation had lost billions of dollars in potential revenue from LNG sales.
Slovak state utility company SPP buys LNG to increase its gas reserves amid Ukrainian conflict
JERA to pursue LNG-to-power in Vietnam
Japan’s JERA announced on March 1 that it had kicked off full-scale operations in Vietnam. The company intends to pursue LNG-to-power projects through its new Vietnamese unit.
Nigeria, Equatorial Guinea sign MoU on joint processing of gas from stranded fields
Nigeria and Equatorial Guinea have signed a memorandum of understanding (MoU) that provides for natural and associated gas from stranded fields in the Nigerian offshore zone to be processed at the Punta Europa gas hub.
GLNG: Shell, PipeChina sign terminal use agreement
Subsidiaries of Shell and China Oil & Gas Pipeline Network – known as PipeChina – have signed a memorandum of co-operation (MoC) and two terminal use agreements.
Exodus of Western majors from Russia begins
International oil companies have started announcing plans to exit Russia, potentially marking the biggest ever withdrawal of foreign investment from the country’s oil and gas industry during such a short period.
Republic of Congo: NFE, Eni subsidiary sign HoA on Fast LNG technology
US-based New Fortress Energy (NFE) has arranged to make its Fast LNG technology available to a subsidiary of Italian energy major Eni for use off the coast of the Republic of Congo (ROC).
ADNOC, AG&P sign FSU agreement for Philippines LNG project
A unit of Abu Dhabi National Oil Company has signed a charter agreement with Singapore-based Atlantic Gulf & Pacific International Holdings for the conversion of the former’s Ish LNG carrier and its use as a floating storage unit.
Bangladesh to buy spot LNG cargo from Vitol
State-owned Bangladeshi firm Petrobangla is reportedly set to award a contract to commodity trader Vitol for a spot LNG cargo to be delivered in March.
Croatia’s Krk LNG terminal to secure enough natural gas amid sanctions on Russia, PM says
Shell, PipeChina sign terminal use agreement
Subsidiaries of Shell and China Oil & Gas Piping Network – known as PipeChina – have signed a memorandum of co-operation (MoC) and two terminal use agreements.
P’nyang partners sign gas agreement with PNG government
The partners in the P’nyang gas project have signed an agreement with the government of Papua New Guinea over the field’s proposed development.
Eni and Brazzaville eye gas export prospects
Eni has unveiled plans for installing 2mn tpy of LNG production capacity in the Republic of Congo’s offshore zone.
Phoenix Development Co. awards FEED contract for proposed gas and LNG hub offshore Suriname
Houston-based Phoenix Development Co. (PDC) has signed a contract with Dallas-based Schwob Energy Services (SES) for front-end engineering and design services on a gas hub and LNG plant offshore Suriname.
China’s Sinopec to establish $179mn LNG storage tank in Algeria
Russia's Novatek gas major buys back more shares
Cayman Islands power provider considers switching from diesel to gas
Caribbean Utilities Co. (CUC), the national power provider of the Cayman Islands, is reportedly considering switching from diesel to regasified LNG as its main fuel for electricity generation.
Shell warns that LNG market will remain tight in 2022
GLNG: Shell warns that LNG market will remain tight in 2022
Shell said on February 21 it expected the global LNG market to remain tight in 2022, after a 6% climb in demand last year.
Eiffage finishes all 21 caissons for FLNG breakwater at GTA field
Eiffage Genie Civil (France) has finished building all 21 of the caissons that will form a breakwater protecting the FLNG vessel at the Greater Tortue/Ahmeyim (GTA) gas field offshore Senegal and Mauritania.
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