GLNG - Global LNG

Plans unveiled for major Vietnamese LNG-to-power investment

Chan May LNG is planning to invest up to $6bn in an LNG-to-power project in Vietnam as interest in such ventures grows in the country.

Oil Search’s revenue plunges 26% in Q2

Sydney-listed Oil Search saw its second-quarter revenue plunge 26% quarter on quarter owing to the oil price crash in March.

Okra Energy subsidiary to deliver LNG to Mexico’s Énestas

A subsidiary of US-based Okra Energy has announced plans to deliver LNG to a customer in Mexico.

Pace of US LNG cargo cancellations slows

LNG buyers are continuing to cancel cargoes of the super-chilled fuel that are scheduled for loading from the US, but the pace of these cancellations is reported to be slowing.

Renergen launches South Africa’s first ever LNG auctions

Renergen has launched South Africa’s first ever auction of LNG by opening a bidding contest for future LNG production streams from the Victoria Gas Project.

Berlin’s relations with Ankara can’t progress while east Med drilling continues Germany’s foreign minister says on Athens visit

NRG: A global mixed bag

The global pandemic is beginning to sort the weak from the strong, with some oil and gas projects receiving continued support despite the downturn while others are being labelled “wait and see”

Russian LNG output slumps 10% in June

Total reveals details of Mozambique LNG financing deal

France’s Total has divulged some details of a recently signed financing agreement that will cover around three quarters of the projected costs of the Mozambique LNG project.

NLNG responds to MP’s charges of corruption

The Nigeria LNG (NLNG) consortium has denied allegations of unauthorised withdrawals from an account used to cover dividend payments to its largest shareholder, Nigerian National Petroleum Corp. (NNPC).

Titan LNG secures EU funds for bunkering expansion

Lithuania’s Klaipeda LNGT reports a 48% increase in terminal use in 1H20

Tajikistan sees a rise of over 50% in LNG prices since end-May

Azerbaijan warns of security risks to oil and gas supplies to Europe following Armenia clashes

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