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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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major power companies, investment banks, consultancies, government agencies, law firms, accountancies, academics and economists. Its scope includes news and intelligence, broken down by geographic area to include Africa, Asia, the Americas, Europe and the Middle East.
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NRG: A slow and painful recovery
The market may be showing early signs of a recovery, but for many oil and gas companies, the worst is still to come
NLNG eyes Nigerian domestic market
The Nigeria LNG (NLNG) consortium has said it hopes to start selling some of its production on the domestic market.
Australian LNG exports reported as holding up in April
Australia’s LNG exports remained robust in April, despite many countries going into lockdown as they sought to contain the coronavirus (COVID-19) pandemic, thus putting the brakes on demand.
Warnings sounded over Qatar’s LNG strategy
A warning has come this week that Qatar may need to shut in LNG production if it is to avoid a battle for market share that could tank gas prices.
Report: India’s LNG import growth depends on pipelines
The US Energy Information Administration warned last week that the future growth of India’s LNG imports depended on the timely completion of new gas pipeline networks.
NLNG awards $4bn EPC contract for Train 7
Turkey’s Botas ‘reducing Russian pipeline gas purchases and switching to much cheaper Yamal LNG’
LNGL sells Magnolia LNG after appointing administrators
Australia-based LNG Ltd (LNGL) has sold its proposed Magnolia LNG project in Louisiana, on the US Gulf Coast.
NextDecade aims for FID this year, but issues warning
US LNG developer NextDecade has said it is still targeting a final investment decision on the Rio Grande LNG project in South Texas this year, but that the timing could be affected by the impact of the coronavirus (COVID-19) pandemic.
Total reports 27% increase in LNG sales
France’s Total announced as part of its first-quarter results for 2020 that its LNG sales had increased by 27% year on year.
Regulator issues Texas LNG permit with stricter than usual standards
Texas LNG has received a state permit for its proposed export terminal at the Port of Brownsville in South Texas, with stricter air pollution standards than normally expected for the region.
Warning issued over potential LNG shortage in Japan
The world is struggling to absorb a glut of LNG, but import-dependent Japan could find itself facing a shortage of the fuel
Woodside wins Australia’s first ship-to-ship LNG bunkering licences
The Pilbara Port Authority (PPA) has issued Australia’s first ship-to-ship liquefied natural gas (LNG) bunkering licences to Woodside Petroleum.
Freeport LNG Train 3 enters service
The third train at the Freeport LNG export terminal on the Texas Gulf Coast has entered commercial service.
W-Industries wins subsea support services contract for Mozambique LNG project
France’s Total has chosen Texas-based W-Industries as its contractor for subsea support services related to the non-downstream components of the $20bn Mozambique LNG project.
Novatek takes axe to capex
Qatar's QP to axe jobs, cut costs
Australia’s CBM sector enjoys good news
The Australian upstream has been battered by this year’s collapsing oil and gas prices, with developers big and small reviewing their capital expenditure and deferring projects until business conditions improve.
Cheniere reports first-quarter profit, but moderates growth forecast
Cheniere Energy, the US’ leading exporter of LNG, reported this week that its net income in the first quarter of 2020 reached $375mn, but warned that it had experienced an increase in the number of cargo cancellations by customers.
Australian regulator approves Ichthys LNG subsea work
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Inpex’s plan for subsea modifications to the Ichthys LNG project.
Hopes for resilience of LNG demand
The COVID-19 pandemic is hitting many industries, including LNG, but there are hopes that demand for the fuel will stay resilient despite being dented in the short term.
Thailand provisionally supports LNG stockpiling idea
The Thai government has said given its provisional support to the idea of storing imported liquefied natural gas (LNG) in gas fields in offshore gas fields.
India’s LNG imports soared in March
India’s imports of liquefied natural gas (LNG) soared 20.4% year on year in March to 2.87bn cubic metres, while production shrank by 14.4% to 2.41 bcm.
NGPL declares force majeure on Sabine Pass gas flows following storms
Natural Gas Pipeline Co. of America (NGPL), a subsidiary of Kinder Morgan, said on April 29 that gas transport to the Sabine Pass delivery point was temporarily suspended after “severe” storms damaged the pipeline.
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