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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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Australia’s CBM sector enjoys good news
The Australian upstream has been battered by this year’s collapsing oil and gas prices, with developers big and small reviewing their capital expenditure and deferring projects until business conditions improve.
Cheniere reports first-quarter profit, but moderates growth forecast
Cheniere Energy, the US’ leading exporter of LNG, reported this week that its net income in the first quarter of 2020 reached $375mn, but warned that it had experienced an increase in the number of cargo cancellations by customers.
Australian regulator approves Ichthys LNG subsea work
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Inpex’s plan for subsea modifications to the Ichthys LNG project.
Hopes for resilience of LNG demand
The COVID-19 pandemic is hitting many industries, including LNG, but there are hopes that demand for the fuel will stay resilient despite being dented in the short term.
Thailand provisionally supports LNG stockpiling idea
The Thai government has said given its provisional support to the idea of storing imported liquefied natural gas (LNG) in gas fields in offshore gas fields.
India’s LNG imports soared in March
India’s imports of liquefied natural gas (LNG) soared 20.4% year on year in March to 2.87bn cubic metres, while production shrank by 14.4% to 2.41 bcm.
NGPL declares force majeure on Sabine Pass gas flows following storms
Natural Gas Pipeline Co. of America (NGPL), a subsidiary of Kinder Morgan, said on April 29 that gas transport to the Sabine Pass delivery point was temporarily suspended after “severe” storms damaged the pipeline.
Earnings of Russian Novatek gas major down 33% in 1Q20
Europe shows early signs of gas market recovery
Russia's LNG output up 17% y/y in 2M20
Mozambique LNG on hold after COVID-19 outbreak
Sempra introduces feed gas to third Cameron LNG train
Sempra LNG, a subsidiary of US-based Sempra Energy, has started introducing pipeline feed gas to the third liquefaction train at its Cameron LNG project on the Louisiana Gulf Coast.
CCC wins Arctic LNG-2 contracts
Compressor Controls Corp. (CCC), a division of US-based Roper Technologies, has been awarded several contracts by Russia’s Novatek relating to the Arctic LNG 2 project.
Cargo cancellations coming in
Buyers in Asia and Europe are reported to have cancelled around 20 cargoes of LNG that were due to be loaded in the US.
Qatar picks Chinese yard to build LNG carrier fleet
State-run China State Shipbuilding Corp. (CSSC) and state-owned Qatar Petroleum have signed a contract that will see the Chinese company build a new fleet of liquefied natural gas (LNG) carriers for the Middle Eastern gas giant.
Pieridae delays FID on Goldboro LNG
Canada’s Pieridae Energy said last week that it had decided to delay a final investment decision on its proposed Goldboro LNG terminal in Nova Scotia until after September 30.
Arrow Energy JV sanctions Surat gas project
The Arrow Energy joint venture, comprising Royal Dutch Shell and PetroChina on a 50:50 basis, has sanctioned the first phase of the Surat gas project in Queensland, Australia.
NCDMB touts Project 100 programme to NLNG
The Nigerian Content Development Monitoring Board (NCDMB) has asked the four-member Nigeria LNG (NLNG) consortium to look to participants in its Project 100 programme as it seeks local contractors to assist in the expansion of its seventh production
Novatek acquires new Arctic gas tract
Shell, GCL considering Chinese LNG joint venture
Privately owned Chinese company GCL Oil & Natural Gas has signed a framework agreement with super-major Royal Dutch Shell to explore a potential joint venture to market and trade LNG.
LNG market bracing for inevitable shut-ins
LNG shut-ins are thought to be looming, and some regions where the fuel is produced are more vulnerable than others.
QP forges ahead with LNG expansion, undeterred
Qatar Petroleum is not downsizing its LNG expansion plans in the face of the market downturn, and has kicked off drilling at the North Field East project.
Santos agrees to Barossa stake sale with JERA
Texas approves Annova LNG project
The Texas Commission on Environmental Quality (TCEQ) has issued a state permit to the proposed Annova LNG project at the Port of Brownsville, in South Texas.
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