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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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Long-term optimism, short-term worries
In the long term, there is more confidence in LNG demand growth, as illustrated by Royal Dutch Shell’s latest LNG Outlook.
Sempra makes LNG progress
US-based Sempra Energy is making progress at both its existing Cameron LNG export project in Louisiana and its planned Port Arthur facility in Texas.
Tellurian struggles with market conditions
Weakening LNG demand is weighing on US LNG developer Tellurian, with two pieces of unwelcome news for the company being announced in the past week.
ConocoPhillips awards final equipment contracts for Barossa project
US super-major ConocoPhillips has awarded contracts for the supply and installation of subsea infrastructure at the Barossa natural gas and condensate project offshore Australia’s Northern Territory.
Europe to gain from cheap gas
Chinese gas demand growth slows in January
China’s apparent consumption of natural gas climbed by 3.4% year on year in January to 29.65bn cubic metres, the National Development and Reform Commission (NDRC) announced on February 28.
Pakistan LNG considers terminating supply agreements
Pakistan LNG is reportedly considering cancelling two long-term LNG supply contracts to take advantage of low spot prices for the fuel.
Greece pushes ahead towards gas goals
Centrica, CELSE commission LNG import terminal in Sergipe
UK-based Centrica and its local partner Centrais Elétricas de Sergipe (CELSE) have commissioned a new LNG import terminal in Sergipe, Brazil. The terminal is Brazil’s first privately owned LNG import facility.
Stabilis Energy plans small-scale LNG plant in Monterrey
Houston-based Stabilis Energy has applied for a permit to build a small-scale gas liquefaction facility in the north-eastern Mexican city of Monterrey.
Venture Global makes progress with supply deal, compressor contract
Two separate announcements over the past week show US-based Venture Global making progress with elements of its plans for both the Plaquemines LNG and Calcasieu Pass LNG projects in Louisiana.
Cheniere’s profits balanced by demand concerns
LNG exporter Cheniere Energy has reported rising profits, but has also issued a warning about slowing demand for the fuel in Asia.
Novatek reports further delays at Yamal LNG train
US company signs gas-to-power deal in Nicaragua
The US company New Fortress Energy (NFE) has agreed to supply LNG to Nicaragua as part of a long-term gas-to-power project worth $700mn.
Qatar reportedly delays partner selection for LNG expansion
Qatar is reported to have delayed its selection of foreign partners for its North Field expansion project, amid a slump in LNG prices.
Enbridge to acquire Rio Bravo pipeline from NextDecade
Enbridge has struck a deal to buy the planned Rio Bravo gas pipeline, which will supply the proposed Rio Grande LNG project, from NextDecade.
NLNG consolidates remarketing plans via 10-year deal with Galp Trading
The Nigeria LNG (NLNG) consortium has signed a long-term supply deal with Galp Trading for remarketed volumes of fuel from Trains 1, 2 and 3 of the its liquefaction plant on Bonny Island.
Coastal GasLink pipeline fight intensifies
Protests against the planned Coastal GasLink pipeline have escalated, disrupting transport networks across Canada in solidarity with hereditary chiefs of a British Columbia First Nation that oppose the project.
US seeks to carve out space for LNG in Europe
Petronas’s PFLNG Dua launches from South Korean yard
Malaysia’s state-owned Petronas has said its second floating liquefied natural gas (FLNG) unit – PFLNG Dua – is two weeks away from arriving at the deepwater Rotan gas field.
Sound Energy moots micro-LNG project for Tendrara in Morocco
UK-listed Sound Energy has said it hopes to pursue a small-scale LNG project at the Tendrara licence area in eastern Morocco.
Further down the chain
Exmar’s troubles with Tango FLNG highlight the potential for coronavirus to cause trouble in every corner of the oil and gas industry.
Peru LNG reports exports down in January
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw its export volumes decline year on year in the first month of 2020.
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