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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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Petronas denies Canada exit, reaffirms commitment to LNG investment
Malaysian energy giant Petroliam Nasional Bhd (Petronas) has rejected claims that it is planning to exit Canada, asserting its long-term commitment to the country’s energy sector
France and Belgium not satisfied with Russia LNG ban
France and Belgium said they need more reassurance to support the Russian LNG ban
EU on track to cut gas imports by 25% by 2030: IEEFA
The EU is on course to reduce its gas imports by around 25% by 2030, according to forecasts published by the Institute for Energy Economics and Financial Analysis.
France, Belgium resist call to give up Russian LNG
France and Belgium have expressed strong reservations about the European Commission's proposed ban on imports of Russian LNG by 2027.
IGU on LNG risks and opportunities
Venture Global begins site work at CP2 after federal approval
Ambitious US LNG producer Venture Global has reached another milestone announcing that it has broken ground on Calcasieu Pass 2 its third LNG facility.
Australia approves Woodside’s request to extend North West Shelf plant to 2070
Woodside Energy’s request for an extension until 2070 of the life of its North West Shelf LNG facility has been granted approval by the Australian government.
May exports from Trinidad and Tobago’s Atlantic LNG rise
Trinidad and Tobago’s flagship Atlantic LNG export terminal witnessed a 43% climb in exports during May compared to April.
India’s Gail seeks to resell LNG cargoes amid cooler temperatures
India’s state-run gas company Gail is looking to offload contracted LNG cargoes as demand craters in the South Asian country.
Japan’s JERA expresses interest in Alaska LNG project
Japan’s largest oil and gas trader, JERA, has indicated it is interested in purchasing LNG from the proposed Alaska LNG project, as a delegation of top energy and government officials prepares to travel to the US for negotiations.
India's Torrent Power signs LNG deal with BP
Indian power utility Torrent Power has entered into a long-term sales and purchase agreement (SPA) with BP Singapore, a subsidiary of global energy major BP, for the annual supply of up to 0.41mn tonnes of LNG
Israeli Nitzana gas pipeline to Egypt delayed until H1 2028 amid cost-sharing disputes
The launch of the Nitzana pipeline, expected to export 600mn cubic feet per day (cfd) of natural gas from Israel to Egypt, has been delayed to H1 2028.
Rough seas disrupt LNG operations off Bangladesh coast
Market observers note that Bangladesh’s offshore LNG infrastructure remains vulnerable during the annual monsoon. In 2024, one of the two FSRUs suffered damage during Cyclone Remal in late May, disrupting energy imports.
Sovcomflot advises no dividends for 2024
Russian shipping company Sovcomflot has recommended that shareholders forego a dividend for last year, citing a sharp decline in annual profit.
European countries to help Ukraine stockpile US LNG for winter via Trans-Balkan route
Four European countries have agreed to support Ukraine in building up its natural gas reserves ahead of the winter heating season by enabling the supply of US liquefied natural gas (LNG) through the Trans-Balkan Corridor.
US LNG to flow to Ukraine via Trans-Balkan corridor of five countries under new regional deal
Operators of the national gas transmission systems in Bulgaria, Greece, Romania, Moldova and Ukraine have agreed a new scheme to supply US liquefied natural gas to Ukraine via the Trans-Balkan corridor.
Japanese shipping firm seeks government backing after EU sanctions LNG vessels
The European Council announced its 17th package of sanctions last week, aimed at tightening pressure on Moscow and addressing gaps in earlier measures.
Glenfarne selects Worley for additional Alaska LNG pipeline work
Glenfarne Alaska LNG announced on May 27 that it had selected Worley to carry out additional engineering work and prepare a final cost estimate for the planned Alaska LNG pipeline.
Cheniere strikes deal to buy gas from CNRL
US LNG exporter Cheniere Energy has struck a deal to buy natural gas from Canadian Natural Resources Ltd (CNRL).
Quebec reconsiders reviving LNG export terminal in eastern Canada
Quebec finds itself in a seesaw battle as the province weighs whether to push ahead with the revival of the Energie Saguenay LNG project.
Tanker shortage shuts down production at Russia’s Arctic LNG 2 plant
Russia’s sanctioned Arctic LNG 2 plant has been forced to halt production at its first liquefaction unit amid full reservoirs due to a lack of tankers.
Woodfibre LNG receives first modules from China
Canada’s Woodfibre LNG project has reached another milestone with the delivery of the first seven modules to the location site.
Egypt plans to sign 13-15 petroleum agreements in H2 2025
Egypt’s Ministry of Petroleum is preparing between 13 and 15 new petroleum concession agreements to be signed during H2 of 2025, Economy Plus reported on May 27.
Nearly 60 LNG vessels sitting idle as inefficient vessels head to scrapyard
The LNG sector is experiencing a significant uptick in vessels sent to scrapyards.
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