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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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Petronas adopts AECO price index for spot LNG sale
Malaysia’s state-owned Petronas has sold its first spot shipment of liquefied natural gas (LNG) using the Canada Alberta Energy Company (AECO) price index.
UTM Offshore contracts JGC, KBR for FLNG project
Nigeria’s UTM Offshore will work with Japan’s JGC and US-based KBR on plans for installing a floating LNG unit at the Yoho offshore oilfield.
Petrofac wins contract from BP to develop procedures for GTA project
UK-based Petrofac has won a contract from BP (UK) for services related to the Grand Tortue/Ahmeyim (GTA) project offshore Senegal and Mauritania.
GLNG: Sempra likely to push Port Arthur LNG FID back to 2022
Sempra Energy said last week that it would likely delay the final investment decision (FID) on its proposed Port Arthur LNG export terminal in Texas to 2022.
Sycar wraps up permit process for LNG project in Ecuador
US-based Sycar has completed the process of obtaining permits for its small-scale LNG project in Ecuador.
IEnova comments on impact of changes in Mexican energy laws
IEnova, the Mexican unit of California-based Sempra Energy, has expressed cautious optimism about its prospects for expansion, despite recent shifts in the regulatory environment.
European LNG import, bunkering capacity continues to grow
Europe continues to add to its LNG import capacity, and efforts to step up bunkering of the super-chilled fuel are also on the rise.
Sinopec chases new opportunities in China’s expanding gas sector
The company has outlined an ambitious investment plan for the next five years as it seeks to pivot towards liquefied natural gas (LNG) imports.
Total resumes push towards FID for Papua LNG
France’s Total announced this week that following talks with the government of Papua New Guinea (PNG), it was remobilising project teams and other required resources to move the proposed Papua LNG project forward.
ACCC to approve Queensland LNG maintenance co-ordination
Australia’s competition watchdog has said it is inclined to approve plans by Queensland’s three liquefied natural gas (LNG) projects to extend their co-ordination of maintenance schedules as long as the process remains transparent.
Cheniere delivers carbon-neutral LNG cargo to Europe
US LNG producer Cheniere Energy said this week that it had supplied a carbon-neutral cargo of LNG to Royal Dutch Shell in Europe.
Tema LNG now expecting to receive first cargo by end-May
Tema LNG Terminal Company (TLTC), the owner of the Tema LNG terminal offshore Ghana, is reportedly on track to receive its first cargo within the next few weeks.
Wider implications of unrest in northern Mozambique
Amid doubts about an SADC plan to send troops to Cabo Delgado, Mozambican authorities should consider working with Tanzania to contain Islamist militants.
AGL formally scraps Crib Point LNG import project
Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project. The move is not a surprising one, as it comes around a month after the State of Victoria rejected the plan.
Total eyes stake in LNG transshipment complexes
Novatek, Russia’s largest privately owned producer of natural gas, is looking to sell a minority stake in its LNG transshipment unit to France’s Total.
Rosneft says it will conduct feasibility study of Far East LNG project
Rosneft will conduct a feasibility study on plans for the Far East LNG project.
GLNG: AGL formally scraps Crib Point LNG import project
Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project, arounnd a month after the State of Victoria rejected the plan on concerns over its environmental impact.
FSU OGM: Total eyes stake in LNG transshipment complexes
Novatek, Russia’s largest privately owned producer of natural gas, is looking to sell a minority stake in its LNG transshipment unit to France’s Total.
Momentum for US LNG
Even as a small handful of US LNG export proposals are seen to be failing, others are moving forward.
SKK Migas aims for 2021 launch of Tangguh LNG expansion
Indonesia’s upstream regulator SKK Migas has said it hopes BP can bring the third train of its Tangguh liquefied natural gas (LNG) project on stream by the end of the year.
Petronas exports LNG in ISO tanks to China
Malaysia’s state-owned Petronas has exported its first shipment of liquefied natural gas (LNG) stored in ISO tanks to China.
Philippines approves LNG-to-power project
The government of the Philippines has approved Vires Energy’s proposed LNG-to-power project.
Pembina pauses Jordan Cove development
Canada’s Pembina has put the development of its proposed Jordan Cove LNG export project in Oregon, on the US’ West Coast, and an associated natural gas pipeline on pause.
Poll results raise concerns about fate of Peru’s gas and mineral resources
Concerns about the future of Peru’s extractive industries are mounting ahead of the next round of the presidential election, as the top-polling candidate has talked about nationalising the country’s natural gas and mineral deposits.
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