GLNG - Global LNG

LNG buyers increasingly seek flexibility as oil-indexation declines

Oil-linked LNG contracts are falling out of favour, while buyers are increasingly in a position to demand more flexibility from sellers.

US threatens companies involved in TurkStream project

Cryopeak signs BC bunkering MoU

British Columbia-based Cryopeak LNG Solutions announced this week that it had signed a memorandum of understanding with marine bulk fuels transporter Island Tug & Barge to provide LNG bunkering services in the Canadian province.

Bangladesh LNG power project secures Japanese loans

Japanese companies intend to loan JPY69bn ($644mn) to a new liquefied natural gas (LNG) fired power project in Bangladesh.

Petrobras pre-qualifies international, local companies to bid for Bahia LNG lease

Brazil’s national oil company (NOC) Petrobras has pre-qualified 10 companies to participate in a bidding contest for the right to lease the underutilised Bahia LNG terminal, along with an associated pipeline.

Gas flows to US LNG terminals fall to new lows

Natural gas flows to US liquefaction terminals fell to new lows in July, having already registered a 20-month low in June.

NextDecade reduces Rio Grande LNG plan to five trains

NextDecade is optimising the plan for its Rio Grande LNG export project on the Texas Gulf Coast, which will allow it to reduce the scale of the facility from six liquefaction terminals to five while still producing 27mn tonnes per year as planned.

Poland’s PKN Orlen signs LOI to take over gas giant PGNiG

NRG: Deep and wide – coverage round the world

Cyprus breaks ground on LNG import terminal

Zvezda to start building Russia's first LNG carrier by year-end: Rosneft

Golar LNG’s FLNG vessel loads 40th cargo offshore Cameroon

Bermuda-based Golar LNG has reported that the Hilli Episeyo, the first vessel in the world to be converted to a floating LNG (FLNG) unit, has reached the milestone of lifting its 40th cargo offshore Cameroon.

Shell could sell Abadi LNG stake

Shell would like sell its 35% stake in Indonesia’s Abadi gas field

Importer JERA carries LNG losses

Importer JERA carries LNG losses

US Secretary of Energy approves Jordan Cove LNG exports

US Secretary of Energy approves Jordan Cove LNG exports

Viva seeks partners for Victorian LNG project

Australian fuel distributor Viva Energy has begun seeking potential partners for its planned liquefied natural gas (LNG) import terminal in Victoria.

Japan confirms $14.4bn investment in Mozambique

Japan has announced a $14.4bn investment drive by some of the country’s leading energy developers and financiers in Mozambique’s LNG potential

APPEA points to IGU survey in Australian gas price debate

Shell aims to exit major Indonesian gas block

Indonesian upstream regulator SKK Migas has confirmed reports that Royal Dutch Shell intends to divest its 35% stake in the giant Masela gas block.

JBIC, private Japanese banks to lend $14bn to Mozambique LNG

A group of Japanese private and public-sector lenders has agreed to provide JPY1.5 trillion ($13.95bn) worth of financing for the Mozambique LNG scheme.

NRG: Bracing for the second wave

Russia picks contractors for Utrenny LNG terminal

COVID-19 weighs on LNG exports as demand remains depressed

COVID-19 continues to depress demand for LNG and batter exports, though some positive signs have emerged amid a generally bearish outlook for the coming months.

YPF sends force majeure notice to Belgium’s Exmar for Tango LNG

Belgian marine operator Exmar has received written notification of force majeure from Argentina’s state-run oil major YPF for their shared Tango floating LNG (FLNG) project.

India rethinks domestic gas pricing mechanism

India has finally bowed to pressure from its state-run developer and has announced plans to slowly dismantle the country’s natural gas pricing mechanism. The mechanism has long been a bugbear for domestic developers.