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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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Rosneft says it will conduct feasibility study of Far East LNG project
Rosneft will conduct a feasibility study on plans for the Far East LNG project.
GLNG: AGL formally scraps Crib Point LNG import project
Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project, arounnd a month after the State of Victoria rejected the plan on concerns over its environmental impact.
FSU OGM: Total eyes stake in LNG transshipment complexes
Novatek, Russia’s largest privately owned producer of natural gas, is looking to sell a minority stake in its LNG transshipment unit to France’s Total.
Momentum for US LNG
Even as a small handful of US LNG export proposals are seen to be failing, others are moving forward.
SKK Migas aims for 2021 launch of Tangguh LNG expansion
Indonesia’s upstream regulator SKK Migas has said it hopes BP can bring the third train of its Tangguh liquefied natural gas (LNG) project on stream by the end of the year.
Petronas exports LNG in ISO tanks to China
Malaysia’s state-owned Petronas has exported its first shipment of liquefied natural gas (LNG) stored in ISO tanks to China.
Philippines approves LNG-to-power project
The government of the Philippines has approved Vires Energy’s proposed LNG-to-power project.
Pembina pauses Jordan Cove development
Canada’s Pembina has put the development of its proposed Jordan Cove LNG export project in Oregon, on the US’ West Coast, and an associated natural gas pipeline on pause.
Poll results raise concerns about fate of Peru’s gas and mineral resources
Concerns about the future of Peru’s extractive industries are mounting ahead of the next round of the presidential election, as the top-polling candidate has talked about nationalising the country’s natural gas and mineral deposits.
Mozambique LNG on hold
Total issues declaration of force majeure for Mozambique LNG project, citing deteriorating security conditions in Cabo Delgado.
Nigeria LNG wins tax waiver
The Nigeria LNG (NLNG) consortium has been granted a tax waiver worth NGN20bn ($52.49mn) for its expenditures on road and bridge construction.
GLNG: Philippines approves LNG-to-power project
The government of the Philippines has approved Vires Energy’s proposed LNG-to-power project.
AsianOil: Eni starts up Indonesian deepwater gas field
Italian major Eni has started producing natural gas from its deepwater Merakes project in the East Sepinggan block offshore Indonesia.
Oman and Qatar use NOCs to tap bond markets
Flow of Azerbaijani gas to Turkey from Shah Deniz I field ‘stops as 20 year contract expires’
PSA releases findings from Hammerfest fire probe
MET Croatia delivers first cargo to Krk LNG terminal
Baker Hughes raises projection for LNG demand
Oilfield services firm Baker Hughes said in its first-quarter earnings call that it has raised its expectations for global LNG demand to 600-650mn tpy by 2030.
Energy secretary outlines Argentina’s plans to secure gas supplies for the winter
Argentina’s Energy Secretary Dario Martinez stated last week that the government was working with upstream operators to ensure that the country had adequate supplies of natural gas for the coming heating season.
NFE expands Brazilian portfolio by completing acquisition of Hygo, GMLP
US-based New Fortress Energy (NFE) has expanded its Brazilian gas portfolio by completing the acquisition of Hygo Energy Transition and Golar LNG Partners.
Petrovietnam to build LNG-fired power plant
State-owned Petrovietnam reportedly intends to build a $1.5bn liquefied natural gas (LNG) fired thermal power plant in the country’s southern province of Ca Mau.
Shell, Equinor call on Tanzania to make “critical decisions” about LNG project
Representatives of Royal Dutch Shell (UK/Netherlands) and Equinor (Norway) have urged Tanzania’s government to wrap up talks on an ambitious LNG project as quickly as possible.
NextDecade advances clean LNG plans
It has been another busy week for US-based LNG developer NextDecade, which announced two separate partnerships in recent days that are geared towards bolstering Rio Grande LNG’s green credentials.
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