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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.
With this in mind, success can be lost or guaranteed on the basis of accurate and timely information. GLNG offers readers a macro-view of international LNG news, divided by global region. GLNG is published on Thursdays and also incorporates an extensive News in Brief section. This includes detailed and up-to-date information as it breaks, from various sources across the world.
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Petrobras may consider ramping up LNG imports amid maintenance
Brazil’s Petrobras may increase LNG imports by 50% to compensate for an expected drop in domestic natural gas flows when the Rota 1 pipeline is shut down for maintenance in August, it emerged this week.
NLNG signs supply deals with three local companies
The Nigeria LNG (NLNG) consortium revealed last week that it had signed supply deals with three local companies.
Havfram to provide subsea mooring system for Grand Tortue/Ahmeyim FPSO
Technip Energies has awarded a contract to Havfram for pre-installation and hook-up services for the subsea mooring system that will be used to station an FPSO at the Grand Tortue/Ahmeyim block.
DPR head unveils micro-LNG initiative
Nigeria’s government is sponsoring plans for the establishment of hundreds of small-scale LNG distribution centres across the country.
AsianOil: Australian government backs oil, gas sector
Australian Prime Minister Scott Morrison has pledged that the oil and gas sector will “always” be a pillar of the economy, even as domestic investment in clean energy alternatives grows.
GLNG: IOCs reportedly bid to participate in Qatar’s LNG expansion
Six leading international oil companies (IOCs) have reportedly submitted bids to participate in Qatar’s giant LNG expansion project.
Clean LNG initiatives accelerate
New initiatives related to clean LNG and decarbonisation appear to be accelerating, with more developments announced in recent days.
Woodside to make Pluto LNG carbon neutral by 2050
Australian developer Woodside Energy aims to make its Pluto liquefied natural gas (LNG) facility carbon neutral by 2050.
Excelerate FSRU comes online offshore Argentina
Excelerate Energy announced last week that its Exemplar floating storage and regasification unit (FSRU) had started operations offshore the Argentine port of Bahia Blanca.
Tanzania reports progress in talks on LNG project
Tanzania’s government is reportedly making progress in talks with Equinor (Norway) and Royal Dutch Shell (UK/Netherlands) on the resumption of work at an LNG project worth $30bn.
Orezone, Genser sign PPA for LNG-to-power project in Burkina Faso
US-based Genser Energy has agreed to set up a small-scale LNG-fuelled power plant in Burkina Faso to Orezone Gold Corp. (Canada) for use at the Bomboré gold mine.
Black & Veatch to study AET’s LNG-to-power project in Colombia
US-based Black & Veatch has won a contract for a feasibility study of the Andes Energy Terminal (AET) project, an LNG-to-power scheme that would serve consumers in central and south-western Colombia.
GLNG: Excelerate FSRU comes online offshore Argentina
Excelerate Energy announced last week that its Exemplar floating storage and regasification unit (FSRU) had started operations offshore the Argentine port of Bahia Blanca.
IGU upbeat on global LNG outlook
The International Gas Union’s annual LNG report is upbeat on the outlook for global LNG, and has talked up the role the fuel will play in post-pandemic recovery and the energy transition.
Tellurian announces another supply deal
US-based Tellurian has finalised two sales and purchase agreements (SPAs) with commodity traders for 3mn tonnes per year (tpy) each of LNG from its planned Driftwood LNG project on the Louisiana Gulf Coast over a 10-year period.
Sempra raises stake in IEnova to 96.4%
US-based Sempra Energy reported last week that it had increased its equity stake in IEnova, its Mexican subsidiary, to 96.4% following the expiry of its share exchange offer.
Boskalis making progress on pipeline for LNG-to-power project in El Salvador
Boskalis, a Dutch dredging and offshore services provider, has nearly completed work on a subsea pipeline that will support an LNG-to-power project in El Salvador.
Venture Global unveils CCS plan for Louisiana LNG projects
US-based Venture Global announced last week that it would develop carbon capture and storage (CCS) capacity to serve two of its LNG export projects on Louisiana’s Gulf Coast.
Petronas’ profit more than doubles in Q1
State-owned Malaysian major Petronas has recorded a more than 100% year-on-year increase in its first-quarter profit, attributing the result to both a recovery in oil and gas prices as well as its own cost-cutting efforts.
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