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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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Mexico's Amigo LNG awards 'world's largest' FLNG contract to UAE's Drydocks World
Amigo LNG, the Mexican joint venture between Texas-based Epsilon LNG and Singapore-based LNG Alliance, has awarded an engineering, procurement and construction contract to UAE-based Drydocks World
Egypt receives new floating regasification unit amid limited domestic LNG output
Egypt has received the floating storage and regasification unit (FSRU) Energos Winter at Ain Sokhna port
India’s BPCL secures marketing rights as Mozambique LNG sets to resume construction
India’s state-run Bharat Petroleum Corporation Ltd has secured marketing rights from TotalEnergies’ long-delayed Mozambique LNG project.
Israel signs off on Leviathan expansion following Egypt deal
Following a major recent gas deal, Israel has signed off on a major expansion phase at its largest gas field
Nigeria’s NLNG signs 20-year gas deals to stabilise Bonny Island plant and boost exports
Nigeria LNG Limited (NLNG) has signed six long-term gas supply agreements totalling 1,290 million standard cubic feet per day (mmscf/d) to stabilise operations at its Bonny Island plant and expand liquefied natural gas (LNG) export capacity
Mexico eyes LNG glory but speedbumps appear in pathway
Mexico has grand ambitions to be a key LNG exporter, but trade relations with the US, crime, and concerns over feed gas pose as hurdles.
Brazil kicks-off first bio-LNG project with China’s Furui
Chinese LNG services provider Furui launched Brazil’s first bio-LNG project holding a kick-off meeting with Brazilian executives from a leading agricultural company.
Bahamas picks Nikkiso to provide regasification system for LNG-to-power project
US clean energy firm Nikkiso has be awarded a contract to offer LNG regasification equipment to Bahamas’ New Providence Gas Project.
Nigeria LNG signs handful of 20-year supply deals
Nigeria LNG (NLNG) has signed 20-year supply contracts with state-run Nigeria National Petroleum Company (NNPC), Shell, Oando Group, First E&P, and Aradel Holdings.
Senegal and Mauritania ramp up cooperation on Grand Tortue Ahmeyim gas project
Senegal and Mauritania are intensifying cooperation on the Grand Tortue Ahmeyim (GTA) gas project through high-level meetings aimed at accelerating development and enhancing regional energy integration.
South Africa’s energy regulator signs MoU with ports authority for sustainable energy cooperation
Transnet National Ports Authority (TNPA) and the National Energy Regulator of South Africa (NERSA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in promoting sustainable energy supply.
Mubadala nears key engineering awards for Indonesia’s Andaman gas project
Abu Dhabi’s Mubadala Energy is approaching a critical stage in its Indonesian operations as it moves closer to awarding front-end engineering and design (FEED) contracts for its deepwater Andaman Sea gas development
Osaka Gas launches first large-scale battery project with partners, sets 1GW goal by FY2030
Osaka Gas, together with Itochu and Tokyo Century, has inaugurated the Senri Power Storage Station in Suita City, Osaka Prefecture.
Centrica signs gas deal with Devon
Centrica Energy has entered into a natural gas sale and purchase agreement with US shale producer Devon Energy.
Samsung Heavy secures $1.5bn LNG carrier orders from Oceania
Samsung Heavy Industries has announced contracts worth $1.52bn to build six LNG carriers for two shipowners based in Oceania.
Indonesia’s PGN faces backlash over gas quota amid industry fears of job losses
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has moved to reassure industries of a stable supply following growing alarm over restrictions that could endanger more than 130,000 manufacturing jobs
Mexico’s Amigo LNG signs 20-year supply deal with Gunvor
Mexico’s Amigo LNG has agreed to a 20-year sales and purchase agreement (SPA) with Gunvor Singapore
LNG vessels move east from sanctioned Arctic LNG 2
Two LNG tankers are moving east towards Asia from Russia’s heavily sanctioned Arctic LNG 2 terminal.
Australia's Origin Energy warns of slower and more costly transition to renewables
Origin Energy reported a stronger full-year profit last week, boosted by higher contributions from its LNG operations and cost efficiencies.
ADNOC-led group delays finalising takeover of Australia's Santos
“The market is telling you there’s increased risk and uncertainty,” one analyst said.
Greece's Alexandroupolis FSRU starts back up
Greek gas company Gastrade has resumed operations at its floating LNG terminal in Alexandroupolis after a technical fault forced a shutdown earlier this year.
Seatrium, Karpowership pen letter on converting LNG carriers into FSRUs
Singapore’s Seatrium has signed a letter of intent with Turkish floating power plant company Karpowership to expand their partnership into new floating energy projects.
Centrica to acquire Isle of Grain LNG terminal in $2bn deal
Centrica announced last week it would buy the UK’s Isle of Grain LNG terminal in Kent with US private equity firm Energy Capital Partners for $2bn.
Saipem begins construction on BP’s $7bn integrated gas project off Indonesia
Italy’s energy engineering and construction group Saipem has launched fabrication work on BP’s $7bn integrated project in Indonesia, marking a significant step forward in the expansion of the country’s LNG capacity.
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