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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 signs Arctic LNG 2 supply agreements with two Chinese firms
Russia’s Novatek announced on January 11 that it had struck separate long-term supply agreements with two Chinese companies – Zhejiang Provincial Energy Group and ENN Natural Gas.
Saipem charters floating hotel vessel for GTA offshore gas project
Saipem, the Italian service provider that is serving as general contractor for the Grand Tortue/Ahmeyim (GTA) natural gas and LNG project, has chartered an offshore accommodation vessel for the offshore block.
GLNG: Novatek signs Arctic LNG 2 supply agreements with two Chinese firms
Russia’s Novatek announced on January 11 that it had struck separate long-term supply agreements with two Chinese companies – Zhejiang Provincial Energy Group and ENN Natural Gas.
European gas prices ease back from record highs
MOL to accelerate investment in LNG-fuelled vessels
Japanese shipping company Mitsui OSK Lines (MOL) said on January 5 that it would accelerate investment in LNG-fuelled vessels, as well as offshore wind power, this year as it pursues decarbonisation.
Karnataka partners with LNG Alliance to develop import terminal
The government of the Indian state of Karnataka has partnered with Singapore’s LNG Alliance and New Mangalore Port Trust (NMPT), a state port in Mangalore, to develop an LNG import terminal.
NextDecade delays Rio Grande FID until second half of 2022
US-based NextDecade has pushed back a planned final investment decision on its Rio Grande LNG project in Texas again, this time until the second half of 2022.
Sycar secures supply deal for Jambeli LNG with Colon LNG Marketing
US-based Sycar revealed late last month that it had secured a source of LNG for the import terminal it intends to build at Bajo Alto, a sheltered port in Ecuador’s southern El Oro province.
Montenegro eyes LNG-to-power projects
Venture Global strikes supply deal with CNOOC
The US’ Venture Global LNG announced in late December that it had struck a deal to supply LNG to a subsidiary of China National Offshore Oil Corp. (CNOOC).
Fears Europe could run out of gas this year fall on warmer weather, rising LNG deliveries, but gas supplies remain tight
The draw-down from Europe’s gas storage facilities has flattened out thanks to the arrival of warmer weather and a “flotilla” of US LNG deliveries as of January 3, according to AGSI+ data.
Prelude FLNG shutdown extended by regulator’s order
Australia’s NOPSEMA regulator has ordered Royal Dutch Shell not to return its Prelude floating LNG facility to service until the company can prove that it can keep the vessel properly powered and that safety systems are operational.
Two approaches to LNG
Two LNG projects in Mozambique and Mauritania appear to be gaining some headway, but their sponsors are following different strategies.
Shell, TotalEnergies agree Oman Block 10 deal
QatarEnergy takes over at Qatargas, hands out EPCI work
GLNG: Venture Global strikes supply deal with CNOOC
The US’ Venture Global LNG announced in late December that it had struck a deal to supply LNG to a subsidiary of China National Offshore Oil Corp. (CNOOC).
MOL, Vopak partner on FSRU for Hong Kong
Mitsui OSK Lines (MOL) and Royal Vopak announced this week that they had agreed to jointly own and operate a floating storage and regasification unit (FSRU) set to serve the first Hong Kong LNG import terminal.
YPF exec says Argentina is studying LNG export plans
Argentina’s national oil company YPF is reportedly looking into proposals for establishing LNG export capacity in the expectation that production levels will rise at fields in the Vaca Muerta shale formation.
LNG sector gaining momentum in Brazil
Excelerate begins deliveries to the Bahia LNG terminal amid record Brazilian gas imports, NFE’s signing of Alunorte deal.
Venture Global receives permission to start commissioning second Calcasieu Pass block
The US Federal Energy Regulatory Commission (FERC) this week gave Venture Global LNG permission to begin commissioning liquefaction systems at a second block at the company’s Calcasieu Pass liquefaction plant.
Cheniere reported to have struck July supply deal with NFE
US LNG producer Cheniere Energy reached a six-year supply deal with an affiliate of New Fortress Energy (NFE) in July, a recently released letter to the US Department of Energy has shown.
Eagle LNG, WEB Aruba sign agreement on LNG terminal construction
US-based Eagle LNG Partners has struck an agreement with WEB Aruba, the national water and power provider of Aruba, on the construction of an LNG regasification terminal at the site of an existing oil refinery in San Nicolas.
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