GLNG - Global LNG

Government approval puts Philippine LNG project back on track

The Philippines is on track to begin importing liquefied natural gas (LNG) before the end of 2022, following the government’s recent green light for work to begin on a floating storage and regasification unit (FSRU) based project.

Echo Energy mulls micro-LNG project in Argentina

US-based Echo Energy is looking into the possibility of launching a micro-LNG initiative in Argentina.

Russian LNG potentially poised to take market share in Europe

US efforts to sell more LNG to Europe stand to be undermined by expanding production of the super-chilled fuel in Russia, which could be cheaper for European countries to import.

South Africa pledges support for Mozambican LNG projects

South Africa has pledged to support gas development in neighbouring Mozambique.

BP shares tumble to 25-year low as investors doubt clean energy strategy

Novatek freed of debt guarantees at Yamal LNG

Siemens to provide cryogenic BOG compression train for NLNG

The Nigeria LNG (NLNG) consortium has arranged to acquire a cryogenic boil-off gas (BOG) compression train from Germany’s Siemens.

Turkey’s LPG imports rise nearly 28% y/y in July

“Hiding its failures” has become “crucial” for Turkey’s Erdogan “autocracy” says Carnegie analyst

Carbon-neutral LNG moving into the spotlight

The prospect of widespread carbon-neutral LNG trading is increasingly under discussion, but would need to be balanced with cost-competitiveness.

Cameron LNG begins restart operations as US LNG exports rebound

Sempra Energy, the operator of the Cameron LNG export terminal in Louisiana, said on September 18 that it had begun restart operations at the facility.

Cryopeak, Sumitomo sign MoU on LNG bunkering

Canada-based Cryopeak LNG Solutions has signed a memorandum of understanding with Japan’s Sumitomo on the development of an LNG bunker fuel supply chain in the Pacific Northwest.

EU Parliament backs applying emissions trading to shipping

US pinning hopes on LNG exports in push to hit Turkey trade target

Novatek gets $611mn Gazprombank loan for LNG storage facilities

NRG: Steps being taken in several directions

Arctic LNG-2 lines up $9.5bn in international finance

BP sets out LNG’s role in energy outlook

BP has published its Energy Outlook 2020, which sees LNG trade growing significantly in at least the medium term in two out of three scenarios.

EXR expands gas exploration at giant Mongolian project

Australia unveils national gas strategy

The Australian government has announced a slew of natural gas-focused measures aimed at helping the economy to recover from the COVID-19 recession.

Berlin offers LNG project funding to avert US sanctions on Nord Stream 2

US LNG exports rebound after cargo cancellations, storm shutdowns

US LNG exports are reported to be on track to rise for a second consecutive month in September, according to federal data.

Abu Dhabi’s sovereign wealth fund buys into Cheniere

The Abu Dhabi Investment Authority (ADIA) – the emirate’s main sovereign wealth fund – has disclosed a 5.05% stake in US LNG exporter Cheniere Energy.

Gas demand from Chinese generators could decline 17% by 2025

China’s gas-fired generating sector is struggling to stay afloat as the twin pressures of lower tariffs and the ongoing trade war could push demand for feedstock down by 17% by 2025.

Fitch gives Peru LNG negative outlook on weaker operations

US-based Fitch Ratings says its outlook for Peru LNG (PLNG) is negative, owing to the consortium’s weaker operational performance, which stems from a decline in world prices for natural gas.