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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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Yantai LNG obtains approval to build import terminal
China's Yantai LNG Group has been given government approval to build an LNG terminal in Shandong Province.
Golar makes moves in Brazil
Golar Power is expanding its footprint in Brazil’s LNG industry, and has signed a “protocol of intentions” with the government of Pernambuco State to develop an LNG import terminal in the Port of Suape.
Work inches forward on Mozambique LNG, Coral South FLNG
New contracts awarded for services related to the Mozambique LNG and Coral South FLNG projects mark steps forward for both facilities in an increasingly uncertain market.
LNG Canada cuts workforce in half amid pandemic
The Royal Dutch Shell-led LNG Canada consortium and its engineering, procurement and construction contractor, JGC Fluor, said this week that they would stop flying workers to the terminal’s site in Kitimat, British Columbia.
Cheniere: no impact on LNG production from coronavirus precautions
Cheniere Energy, the leading US exporter of the super-chilled fuel, has said it does not expect the steps it has taken to protect its workers in the midst of the coronavirus pandemic to have an impact on its production.
Santos agrees to Darwin LNG, Bayu-Undan stake sale
Australian developer Santos has agreed to sell down its stake in the Darwin liquefied natural gas (LNG) terminal and the Bayu-Undan gas field once its acquisition of ConocoPhillips’ northern Australian gas assets has been finalised.
Novatek picks suppliers for next Arctic LNG project
Peru LNG brings export volumes up in February
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw its export volumes rise year on year in February.
Oil price crash could be mixed blessing for LNG
Cautious optimism that the collapse in crude prices will benefit some LNG market players has emerged, though others could stand to take a hit.
Freeport LNG makes progress towards Train 3 start-up
The third liquefaction train at the Freeport LNG export project on the Texas coast has reached the final stage of the commissioning process, which includes the introduction of feed gas.
Berkshire Hathaway not to invest in Quebec LNG project
Warren Buffett’s Berkshire Hathaway has dropped plans to invest CAD4bn ($2.9bn) into an LNG project proposed for Saguenay, Quebec.
CNOOC mulls internal merger
State-owned China National Offshore Oil Corp. (CNOOC) is reportedly planning to hand control of its natural gas and power division to listed unit CNOOC Ltd.
Mexico Pacific Ltd awards FEED contract for Puerto Libertad LNG plant
Houston-based Mexico Pacific Ltd (MPL) has awarded Technip USA a contract for work on a proposed LNG plant in Mexico’s Sonora State.
South African companies urged to seek LNG-related contracts in Mozambique
Several South African businesspeople said during the Africa Gas Forum in Cape Town last week that their country had the potential to benefit from the development of natural gas resources in Mozambique.
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.
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