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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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Spot prices show signs of recovery across Asia
Spot prices in Asia have risen slightly in May, though the recovery is still fragile, and has been bolstered in the short term by cancellations of cargoes from the US, as well as some regional production issues.
Thailand’s Gulf Energy wins LNG import licences
Thailand’s Gulf Energy has been granted licences to import up to 1.7mn tonnes per year of LNG.
More US shipments reaching China even as other cargoes cancelled
The number of cancelled US LNG cargoes is reported to be on the up, but this comes as more LNG from the US is reaching China after shipments between the two recently resumed.
Bahrain refining overhaul reaches halfway point
Construction kicks off on Longkou LNG import plant
China’s National Petroleum and Natural Gas Pipeline Network Group (PipeChina) has broken ground on an LNG import terminal that is being built in the city of Longkou in Yantai, Shandong Province.
Shell, Pieridae to try licence transfers again
Shell Canada – a division of Royal Dutch Shell – and Pieridae Energy are set to engage in a second attempt to transfer licences after the first was blocked by the Alberta Energy Regulator.
NextDecade confirms FID delay on Rio Grande LNG
US-based NextDecade has confirmed that it will delay its final investment decision on the Rio Grande LNG project, proposed for the Port of Brownsville, Texas, until 2021.
Poland eyes greater role for gas
NRG: A slow and painful recovery
The market may be showing early signs of a recovery, but for many oil and gas companies, the worst is still to come
NLNG eyes Nigerian domestic market
The Nigeria LNG (NLNG) consortium has said it hopes to start selling some of its production on the domestic market.
Australian LNG exports reported as holding up in April
Australia’s LNG exports remained robust in April, despite many countries going into lockdown as they sought to contain the coronavirus (COVID-19) pandemic, thus putting the brakes on demand.
Warnings sounded over Qatar’s LNG strategy
A warning has come this week that Qatar may need to shut in LNG production if it is to avoid a battle for market share that could tank gas prices.
Report: India’s LNG import growth depends on pipelines
The US Energy Information Administration warned last week that the future growth of India’s LNG imports depended on the timely completion of new gas pipeline networks.
NLNG awards $4bn EPC contract for Train 7
Turkey’s Botas ‘reducing Russian pipeline gas purchases and switching to much cheaper Yamal LNG’
LNGL sells Magnolia LNG after appointing administrators
Australia-based LNG Ltd (LNGL) has sold its proposed Magnolia LNG project in Louisiana, on the US Gulf Coast.
NextDecade aims for FID this year, but issues warning
US LNG developer NextDecade has said it is still targeting a final investment decision on the Rio Grande LNG project in South Texas this year, but that the timing could be affected by the impact of the coronavirus (COVID-19) pandemic.
Total reports 27% increase in LNG sales
France’s Total announced as part of its first-quarter results for 2020 that its LNG sales had increased by 27% year on year.
Regulator issues Texas LNG permit with stricter than usual standards
Texas LNG has received a state permit for its proposed export terminal at the Port of Brownsville in South Texas, with stricter air pollution standards than normally expected for the region.
Warning issued over potential LNG shortage in Japan
The world is struggling to absorb a glut of LNG, but import-dependent Japan could find itself facing a shortage of the fuel
Woodside wins Australia’s first ship-to-ship LNG bunkering licences
The Pilbara Port Authority (PPA) has issued Australia’s first ship-to-ship liquefied natural gas (LNG) bunkering licences to Woodside Petroleum.
Freeport LNG Train 3 enters service
The third train at the Freeport LNG export terminal on the Texas Gulf Coast has entered commercial service.
W-Industries wins subsea support services contract for Mozambique LNG project
France’s Total has chosen Texas-based W-Industries as its contractor for subsea support services related to the non-downstream components of the $20bn Mozambique LNG project.
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