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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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Australia’s gas plans appear to be on shaky ground
The Australian government does not appear to have noticed that its plans to bolster gas-fired power generation (GPG) over the long term have begun to unravel rather rapidly.
Blackstone agrees to offload Cheniere stake
Blackstone Group’s private equity business has agreed to sell its stake of over 40% in LNG producer Cheniere Energy’s limited partnership, Cheniere Energy Partners, to Brookfield Infrastructure and its own affiliated company.
Mexico seen close to granting Sempra new LNG export facility permit
The Mexican government has reportedly asked IEnova, the local unit of US-based Sempra Energy, to build another export facility at the Energía Costa Azul LNG facility to help sell off excess natural gas.
Turkey’s Kuzey Star Yard and Russia’s Srednenevsky Shipyard ‘launch first LNG-powered rail ferry’
Russia's Novatek sets 1H20 dividends, but fails to impress
Novatek pledges 2030 climate goals
Total to work with Mozambican government on security
NRG: Looking to the future
Although rattled by the international oil and gas price collapse, governments and investors continue to press forward – either through new legislation or new projects
Gazprom bags $741mn state loan for Baltic LNG venture
Hong Kong-based Golden Concord Holdings ties up with H. Sterling to restructure its LNG and gas businesses
Hong Kong-based energy conglomerate Golden Concord Holdings Ltd (GCL Group) has launched a strategic restructuring of its LNG and gas businesses, the company announced on May 31, 2020, and established a new company, GCL Natural Gas Group Ltd.
'Daunting challenges lie in way of those minded to revive Trans-Caspian Pipeline project'
Analyst says: “TCP has great political appeal and is destined to remain alive for many years, if only on PowerPoint presentations... it will provide fodder for politicians and bureaucrats (ignorant of or not understanding commercial realities)."
European gas storage volumes reach 90% capacity
BEYOND THE BOSPORUS: Has Erdogan discovered more reserves of hot air?
So far the markets don’t see Turkey’s gas find in the Black Sea as a game-changer and the more cynical perceive Ankara as bigging it up to put a brake on the beleaguered lira. The jury, however, is still out.
Panama Canal marks Neopanamax transit milestone
The SK Resolute LNG carrier completed a transit last week that marked the 10,000th journey by a Neopanamax vessel through the Panama Canal since its expansion.
Cheniere’s Midship subsidiary requests extension to complete pipeline
Midship Pipeline, a subsidiary of US LNG exporter Cheniere Energy, has asked the Federal Energy Regulatory Commission for an extension until December 2022 to complete its natural gas pipeline.
Petronet reportedly considering scaling back Tellurian investment
India’s Petronet LNG is reportedly considering scaling back a proposed investment in US-based Tellurian’s Driftwood LNG project, which had previously been pegged at around $2.5bn.
Golar provides update on FSRU for LNG Croatia
LNG player Golar Energy has provided an update on its Viking floating storage and regasification unit conversion project, with CEO Iain Ross saying the vessel is due to depart from China to Europe in September.
Shell seeks sale of Norway’s Gasnor
Royal Dutch Shell is reportedly in talks to sell Norway-based gas business Gasnor, with the move forming part of a broader push to sell non-core assets.
Green energy could reduce Asian LNG production emissions by 8%
Using renewable energy to operate LNG production plants across the Asia-Pacific region could reduce emissions by about 8%
Gazprom’s European exports plunge, boosting China’s appeal
Security risks on the rise in Mozambique
Militants have seized control of Mocimboa da Praia, the main port of entry for Mozambique LNG supplies.
NRG: All the news at your fingertip
Algerian Energy Minister revises timeline for drop in gas exports
Algeria’s Energy Minister Abdelmajid Attar has said that the country’s natural gas exports are not likely to decline significantly before the end of the decade.
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