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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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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.
GLNG: 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.
Total changes name to TotalEnergies
Scepticism over Argentina’s LNG export potential
Argentina’s ambitions to become a major LNG exporter appear unlikely to be realised in the shorter term, and the country’s producers are prioritising regional pipeline exports.
Peru rations gas amid liquefaction plant outage
Gases del Pacifico-Quavii, a subsidiary of Colombia's Promigas and one of Peru’s leading natural gas distributors, is rationing supply following an outage at the Peru LNG liquefaction plant, on which it relies for gas.
New Fortress seeks court review of FERC’s Puerto Rico LNG decision
New Fortress Energy has asked a federal appeals court to review a US Federal Energy Regulatory Commission decision asserting jurisdiction over the San Juan LNG terminal in Puerto Rico and requiring the company to apply for a permit for the facility.
Santos kicks off Timor-Leste drilling programme
Australian independent Santos has started the Phase 3C infill drilling programme at the Bayu-Undan field offshore in Timor-Leste.
Pertamina to build LNG terminal for Cilacap refinery
Indonesia’s state-owned Pertamina unveiled plans this week to build a small-scale liquefied natural gas (LNG) terminal to supply feedstock to its Cilacap refinery.
Indonesian upstream hit by spate of outages
Indonesia’s oil and gas industry has experienced a series of unplanned shutdowns that threaten to derail the government’s upstream production targets.
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