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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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Turkey’s natural gas and power prices ‘expected to rise by up to 15% amid spiking global prices’
Novatek deputy chairman arrested over allegedly hiding $93mn from IRS
The deputy chairman and former CFO of Russia’s second-largest gas producer Novatek, Florida businessman Mark Gyetvay, has been arrested in the US on tax charges relating to $93mn that was hidden in offshore accounts.
Opposition mounts to Tilbury LNG expansion
First modules arrived at Arctic LNG-2
NFE finalises deal on Sri Lankan LNG terminal
AES signs JV deal for Vietnamese LNG terminal
First Nations enter LNG NL project
First Nation groups from Canada’s eastern Newfoundland and Labrador Province have announced plans to invest in a local liquefied natural gas that will target the European market.
Brazil clears $1bn LNG-to-power plant for launch
US manufacturers call for restrictions on LNG exports
bpTT brings Matapal field on stream ahead of schedule
BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), revealed on September 20 that it had begun extracting natural gas from the Matapal field offshore Trinidad and Tobago.
DNG, Masana unveil plans for pilot LNG project targeting transport sector
DNG Energy of South Africa is expanding its effort to promote the use of LNG as a transport fuel through the launch of a pilot project with Masana Petroleum Solutions, one of its own subsidiaries.
ING: Little stopping the natural gas rally
The record low natural gas prices seen in Europe last year seem like a distant memory. Prices have hit new records on almost a daily basis recently. TTF has recently broken above EUR70/MWh, which is up around 245% since the start of the year.
GLNG: US manufacturers call for LNG restrictions
LatAmOil: bpTT brings Matapal field on stream ahead of schedule
BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), revealed on September 20 that it had begun extracting natural gas from the Matapal field offshore Trinidad and Tobago.
South African energy company pushes forward with LNG pilot study
South African alternative fuel company, DNG Energy’s Petroleum Division has included another local company, Masana Petroleum Solutions, as partner to test the feasibility of making LNG available to South Africa’s transport industry.
European policy exacerbates energy crisis
FortisBC scales back Tilbury LNG expansion plan
Canada’s FortisBC has filed a detailed project description for the Phase 2 expansion at its small-scale Tilbury LNG facility with regulatory authorities, scaling back capacity from prior plans.
Morgan Stanley warns of further gas, LNG price volatility risk
Investment bank Morgan Stanley warned this week that low inventories and the imminent arrival of the winter heating season leave room for further upside volatility for gas and LNG prices.
AES expands LNG footprint in Panama
US-based AES has bought out its minority partner in AES Colón, the operator of a natural gas complex on Telfers Island, near the Atlantic end of the Panama Canal.
Major LNG-to-power JV commissions its first TPP in Açu
Gas Natural Açu, a joint venture formed to execute Latin America’s largest LNG-to-power project, has successfully commissioned the first thermal power plant within its Açu Gas Hub complex in Rio de Janeiro State.
New Fortress battles to advance LNG plans
New Fortress Energy is running into regulatory issues and environmental opposition to its LNG plans in both the US and Puerto Rico.
Vietnam sets date for first LNG imports
The country is banking on foreign supplies of the cleaner burning fuel to underpin both economic expansion as well as its decarbonisation.
DNG Energy, Imperial Logistics unveil plan for pilot LNG project
DNG Energy of South Africa has teamed up with Imperial Logistics, another local company, for a pilot project that will test the use of LNG as an alternative to diesel in the transport sector.
GLNG: Gazprom pushes forward with $13bn Baltic LNG project
Russian gas supplier Gazprom has awarded an engineering procurement and construction contract for the $13bn LNG complex it is developing on the Baltic Sea.
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