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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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Novatek revives Obskiy LNG project
Shell executive notes ‘progress’ on LNG project in Tanzania
Sonatrach signs contract with two Sinopec subsidiaries for Skikda LNG storage tank
Algeria’s national oil company (NOC) Sonatrach has signed a contract for the construction of a new storage tank at the Skikda LNG plant with two subsidiaries of China’s Sinopec.
Australian oil and gas firms post profits
Several of Australia’s oil and gas producers have reported improved profits, buoyed by rising commodity prices
ConocoPhillips completes purchase of additional APLNG stake
ConocoPhillips announced on February 17 that its Australian subsidiary had completed its $1.645bn purchase of an additional 10% stake in the Australia Pacific LNG (APLNG) project from Origin Energy.
China seeks greater global LNG trading role
China is reportedly working to establish itself as a major player in global LNG trading, bolstered by liberalisation at home and contracts abroad.
Novatek profits soar on high gas prices in 2021
Thailand lays plans for another LNG regasification terminal
CHEC to act as subcontractor for NLNG’s Train 7 project
China Harbour Engineering Co. (CHEC) is slated to act as a subcontractor for the Train 7 expansion project at the Nigeria LNG (NLNG) plant on Bonny Island.
Saipem says it will appeal Algerian court’s conviction on Arzew LNG fraud charges
Italy’s Saipem said on February 15 it will appeal its conviction in an Algerian court on criminal charges of fraud related to the award of a contract in 2008 for the construction of the Arzew LNG plant.
GLNG: China seeks greater global LNG trading role
China is reportedly working to establish itself as a major player in global LNG trading. The move comes around 20 years after the country made a similar push into oil trading.
AfrOil: TotalEnergies CEO qualifies statements on Mozambique LNG restart
Patrick Pouyanné, the CEO of TotalEnergies (France), has qualified his recent statements about the possibility that work on the Mozambique LNG project may resume before the end of this year.
UK unlikely to face physical shortage if Russian gas flow to Europe disrupted: OIES
Pouyanné says Mozambique LNG restart may take more than a year
Patrick Pouyanné, the CEO of TotalEnergies (France), has qualified his recent statements about the possibility that work on the Mozambique LNG project may resume before the end of this year.
TotalEnergies profits soar in Q4 on strong LNG, power performance
Inpex unveils plans for Ichthys CCS project
Japan’s Inpex has unveiled plans to build a carbon capture and storage (CCS) project at its Ichthys LNG terminal in Australia.
Canadian government rejects Quebec LNG project
The Canadian government has rejected GNL Québec’s Énergie Saguenay LNG project. The move follows a rejection from the provincial government of Quebec in July 2021 and could spell the project’s demise.
Shell outlines QGC drilling plans
Royal Dutch Shell has unveiled plans for the next phase of onshore gas development in Queensland, Australia, alongside its partners in the QGC joint venture.
GLNG: Cedar LNG awards FEED contract
GLNG: Cedar LNG awards FEED contract Canada’s Cedar LNG announced this week that it had awarded a front-end engineering and design contract to Black & Veatch and Samsung Heavy Industries for its proposed floating LNG project.
Cedar LNG awards FEED contract
Canada’s Cedar LNG announced this week that it had awarded a front-end engineering and design (FEED) contract to Black & Veatch and Samsung Heavy Industries for its proposed floating LNG (FLNG) project.
Mozambique: Eni says Coral Sul FLNG installation proceeding on schedule
The Italian major Eni has said that work on the Coral South LNG project offshore Mozambique is proceeding on schedule.
Sonatrach, DEPA extend LNG supply deal
Algeria’s national oil company Sonatrach and Greece’s state-owned natural gas company DEPA confirmed on February 4 that they had extended their long-term LNG supply contract the day before.
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