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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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Brazil kicks-off first bio-LNG project with China’s Furui
Chinese LNG services provider Furui launched Brazil’s first bio-LNG project holding a kick-off meeting with Brazilian executives from a leading agricultural company.
Bahamas picks Nikkiso to provide regasification system for LNG-to-power project
US clean energy firm Nikkiso has be awarded a contract to offer LNG regasification equipment to Bahamas’ New Providence Gas Project.
Nigeria LNG signs handful of 20-year supply deals
Nigeria LNG (NLNG) has signed 20-year supply contracts with state-run Nigeria National Petroleum Company (NNPC), Shell, Oando Group, First E&P, and Aradel Holdings.
Senegal and Mauritania ramp up cooperation on Grand Tortue Ahmeyim gas project
Senegal and Mauritania are intensifying cooperation on the Grand Tortue Ahmeyim (GTA) gas project through high-level meetings aimed at accelerating development and enhancing regional energy integration.
South Africa’s energy regulator signs MoU with ports authority for sustainable energy cooperation
Transnet National Ports Authority (TNPA) and the National Energy Regulator of South Africa (NERSA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in promoting sustainable energy supply.
Mubadala nears key engineering awards for Indonesia’s Andaman gas project
Abu Dhabi’s Mubadala Energy is approaching a critical stage in its Indonesian operations as it moves closer to awarding front-end engineering and design (FEED) contracts for its deepwater Andaman Sea gas development
Osaka Gas launches first large-scale battery project with partners, sets 1GW goal by FY2030
Osaka Gas, together with Itochu and Tokyo Century, has inaugurated the Senri Power Storage Station in Suita City, Osaka Prefecture.
Centrica signs gas deal with Devon
Centrica Energy has entered into a natural gas sale and purchase agreement with US shale producer Devon Energy.
Samsung Heavy secures $1.5bn LNG carrier orders from Oceania
Samsung Heavy Industries has announced contracts worth $1.52bn to build six LNG carriers for two shipowners based in Oceania.
Indonesia’s PGN faces backlash over gas quota amid industry fears of job losses
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has moved to reassure industries of a stable supply following growing alarm over restrictions that could endanger more than 130,000 manufacturing jobs
Mexico’s Amigo LNG signs 20-year supply deal with Gunvor
Mexico’s Amigo LNG has agreed to a 20-year sales and purchase agreement (SPA) with Gunvor Singapore
LNG vessels move east from sanctioned Arctic LNG 2
Two LNG tankers are moving east towards Asia from Russia’s heavily sanctioned Arctic LNG 2 terminal.
Australia's Origin Energy warns of slower and more costly transition to renewables
Origin Energy reported a stronger full-year profit last week, boosted by higher contributions from its LNG operations and cost efficiencies.
ADNOC-led group delays finalising takeover of Australia's Santos
“The market is telling you there’s increased risk and uncertainty,” one analyst said.
Greece's Alexandroupolis FSRU starts back up
Greek gas company Gastrade has resumed operations at its floating LNG terminal in Alexandroupolis after a technical fault forced a shutdown earlier this year.
Seatrium, Karpowership pen letter on converting LNG carriers into FSRUs
Singapore’s Seatrium has signed a letter of intent with Turkish floating power plant company Karpowership to expand their partnership into new floating energy projects.
Centrica to acquire Isle of Grain LNG terminal in $2bn deal
Centrica announced last week it would buy the UK’s Isle of Grain LNG terminal in Kent with US private equity firm Energy Capital Partners for $2bn.
Saipem begins construction on BP’s $7bn integrated gas project off Indonesia
Italy’s energy engineering and construction group Saipem has launched fabrication work on BP’s $7bn integrated project in Indonesia, marking a significant step forward in the expansion of the country’s LNG capacity.
Indonesian company Cikarang Listrindo faces gas supply disruption after Pertamina field shutdown
PT Cikarang Listrindo has reported a disruption in its natural gas supply following an unexpected shutdown at Pertamina EP’s (PEP) Subang Gathering Station on August 5
Venture Global wins arbitration case with Shell over delayed cargo deliveries
Venture Global’s court victory over Shell has given the company confidence it will win its remaining court cases and has boosted the firm’s beatdown share price.
Asian LNG prices head south as markets await any Trump–Putin talks fallout
Some suggested Moscow may seek to reopen discussions on Arctic LNG 2, its 19.8mn tonnes per annum project, which is currently constrained by US measures.
China ramps up LNG imports after several sluggish months
Chinese LNG imports have climbed over the past month amid dropping prices and efforts to refill stock levels, reversing a trend of several months of declining imports;
Aramco continues asset monetisation with $11bn Jafurah deal
BlackRock-led consortium takes 49% stake in key gas infrastructure as questions emerge over the kingdom’s long-term strategy for its core energy assets
UK’s Centrica buys Grain LNG terminal
British energy firm Centrica has agreed to purchase the UK’s largest LNG terminal, Grain LNG from electricity and gas utility National Grid for GDP1.7bn.
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