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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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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.
Small-scale LNG touted as solution to Permian’s flaring problem
A handful of players are touting small-scale LNG as a solution to the flaring of associated natural gas production in the US' Permian Basin, and recent policy developments may help to spur this approach.
Competition between pipeline gas, LNG in Europe rises as regasification capacity grows
LNG imports are increasingly competing with pipeline gas in Europe, with further regasification capacity under development.
Tellurian reduces cost of Driftwood Phase 1 by 30%
US-based Tellurian has amended the plan for the first phase of its proposed Driftwood LNG project, with the changes allowing the company to reduce the capital cost of Phase 1 by around 30%.
Chevron ordered to inspect remaining Gorgon trains for damage
Chevron and its partners in the Gorgon LNG project have been ordered by the government of Western Australia to inspect the propane heat exchangers at Trains 1 and 3 at the 15.6mn tonne per year liquefaction terminal.
Lithuania's KN aims at 5 LNG terminals by 2030
Neptune eyes Eni’s Australian assets
Neptune Energy is reportedly the latest party to express interest in buying Italian major Eni’s Australian oil and gas portfolio.
Woodside mulls acquisition opportunities
Australia’s Woodside Petroleum has said it is looking to acquire distressed oil and gas assets after reporting a 28% slide in its first-half adjusted profit.
Chinese company to buy stake in GNA’s LNG-to-power project
China’s State Power Investment Corp. (SPIC) has arranged to buy a stake in Gas Natural Açu (GNA), Latin America’s largest LNG-to-power project.
Cameron LNG enters full commercial operations with Train 3 start-up
Sempra Energy announced on August 10 that its Cameron LNG export terminal in Hackberry, Louisiana had entered full commercial service with the start-up of the third liquefaction train.
NRG: Bad news, good news
Amid bad news including the explosion in Lebanon and concerns about security at storage facilities in Libya, progress is being made elsewhere, with a licensing round launched in Somalia and a major acquisition announced in Canada.
Gas prices in the US, Europe spike on hot weather
Cheniere’s earnings top estimates as LNG exports pick up
Leading US LNG producer Cheniere Energy’s second-quarter earnings beat analyst expectations, with the results coming out as the country’s LNG exports are forecast to rise for the first time in six months.
Total reduces stake in Tellurian
France’s Total has scaled down its participation in Tellurian and its proposed Driftwood LNG project on the Louisiana Gulf Coast.
Afreximbank commits $400mn to Mozambique LNG
The African Export-Import Bank (Afreximbank) is to commit up to $400mn in guarantees and direct lending to support the Area 1 LNG Project in Mozambique.
Origin’s APLNG revenue dips 5% in FY20
Origin Energy has revealed that its share of revenue from the Australia Pacific LNG (APLNG) project declined 5% in financial year 2019-2020 owing to the coronavirus (COVID-19) pandemic’s impact on global energy demand.
Petrobras begins accepting bids for Bahia LNG lease
Brazil’s national oil company (NOC) Petrobras has begun accepting bids for the right to lease Bahia LNG, an under-utilised gas import terminal in the north-eastern part of the country.
Marubeni receives exclusive development rights for Thilawa LNG-to-power project in Myanmar
Marubeni, with Sumitomo, Mitsui & Co. and Eden Group, has received permission from Myanmar’s Ministry of Electricity and Energy to go ahead with their LNG-to-power project in Thilawa, Myanmar.
Qatar picks Air Products for LNG expansion tech
PetroVietnam units team up on LNG projects
State-owned PetroVietnam Gas (PV Gas) has teamed up with a number of other PetroVietnam subsidiaries to develop projects that will take advantage of its first liquefied natural gas (LNG) terminal.
Bangladeshi LNG-fired power plant secures loan
Japanese energy giant JERA and India’s Reliance Power have secured a $642mn loan for their planned liquefied natural gas-fired thermal power plant in Bangladesh.
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