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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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Magnolia terminal to supply gas to Vietnamese LNG-to-power project
Australia-listed LNG Ltd has struck a deal to supply gas to a province in Vietnam from its Magnolia export terminal in Louisiana, on the US Gulf Coast.
Inpex mulls Ichthys LNG expansion
Japanese developer Inpex has revealed that it is looking at ways to expand its $45bn Ichthys LNG project offshore north-western Australia as it approaches full capacity.
TPI urges fossil fuel industry to face up to climate change
Poland hints at stopping purchases of Russian gas altogether
Poland finally has the infrastructure to reduce dependence on Russian gas, after it built an LNG terminal in the western town of Swinoujscie.
Cheniere, EOG strike gas agreement
Subsidiaries of Cheniere Energy have struck long-term gas supply agreements with shale producer EOG Resources to support the LNG exporter’s Corpus Christi liquefaction project.
Spain sees LNG imports surge on demand growth
Western Gas seeking partner for Equus FLNG
Western Gas has appointed Goldman Sachs to help it find a partner for the Equus LNG project offshore Western Australia.
Aramco continues push into LNG
Saudi Aramco is stepping up its participation in the global LNG market, though it still has a long way to go.
EU selects next energy commissioner
Italian LNG terminal fully booked for next gas year
Petronas buys SK408 production for Bintulu LNG
Malaysia’s state-owned Petronas has agreed to buy natural gas produced from the offshore SK408 production-sharing contract (PSC), co-operator Sapura Energy has revealed.
Green light for Arctic LNG 2
Russia’s Novatek has greenlighted the development of its second LNG export project in the Arctic, as it sets its sights on becoming one of the world’s leading LNG producers.
Gunvor bids low in Pakistani LNG tender
Gunvor has reportedly emerged as the lowest bidder for most of the cargoes in Pakistan’s recent spot liquefied natural gas (LNG) supply tender.
Freeport LNG secures over $1bn for Train 4
Freeport LNG Development announced on September 9 that it has struck a deal with Westbourne Capital under which the latter and its co-investors will provide $1.025bn in the form of a mezzanine loan.
YPF execs voice optimism about plans for new LNG plant
Two high-ranking representatives of Argentina’s national oil company (NOC) YPF said last week that they remained optimistic about the prospects for ramping up LNG exports.
Perupetro says Peru LNG complex saw exports rise in August
Peru’s national oil company (NOC) Perupetro said last week that it had seen LNG exports from the terminal in Pampa Melchorita rise year on year last month.
Sakhalin-1 partners take decision on LNG plant
Argentina pushes on with LNG plan amid political upheaval
Argentina’s YPF continues to pursue a plan for a major LNG export project, but political uncertainty in the country will likely slow progress.
Shell, Energy Transfer ask for extension on Lake Charles LNG
Royal Dutch Shell and Energy Transfer have asked US regulators for more time to complete the Lake Charles LNG export project.
QP books out Zeebrugge LNG until 2044
MOL, Karpowership agree final details for floating 48-MW LNG-to-power project
Mitsui OSK Lines (MOL) and Turkey’s Karadeniz Holding have revealed their final plans to develop a 48-MW floating LNG-to-power project in Mozambique
Phoenix says talks with CNOOC on LNG JV ongoing
The Philippines’ Phoenix Petroleum, which is headed by businessman Dennis Uy, has denied reports that China National Offshore Oil Corp. may pull back from the two companies’ planned LNG joint venture.
PNG finally backs Papua LNG deal
The Papua New Guinea (PNG) government has said it will honour the terms of the Papua LNG gas agreement, after months of mixed messaging that had left the project’s future in doubt.
ConocoPhillips signs new PSC for East Timor gas field
US super-major ConocoPhillips has signed a new production-sharing contract (PSC) for East Timor’s Bayu Undan natural gas field.
JGC wins EPC contract for Philippine LNG project
Philippine power utility First Gen has awarded an engineering, procurement and construction (EPC) contract for the Batangas liquefied natural gas (LNG) project to Japanese engineering outfit JGC.
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