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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.
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GLNG: Jordan Cove LNG in doubt
The future of Pembina Pipeline’s proposed Jordan Cove LNG export terminal in Oregon looks increasingly in doubt, with the company taking a write-down on its investment in the project.
Novatek strikes LNG supply deal with Shenergy
Shell: Asia to drive LNG demand as it almost doubles
Royal Dutch Shell’s annual LNG outlook shows that demand for the fuel was resilient last year despite the pandemic, and further growth is expected.
Pavilion, Chevron sign LNG supply deal
Singapore’s Pavilion Energy has signed a six-year agreement with Chevron, covering the delivery of 500,000 tonnes per year of LNG from 2023. Each cargo supplied under the deal will be accompanied by a declaration of its greenhouse gas emissions.
Calcasieu Pass LNG start-up could be ahead of schedule
Venture Global LNG’s Calcasieu Pass export terminal could be on course to start up ahead of schedule, based on reports that the company is offering at least 12 LNG cargoes for loading from the plant between October 2021 and December 2022.
Qatari deals come amid push for LNG dominance
Two separate LNG-related deals have been announced this week, involving Qatargas and its parent company, Qatar Petroleum.
Cheniere sees loss shrink on recovering LNG demand
Leading US LNG producer Cheniere Energy posted a net loss of $194mn for the fourth quarter of 2020, down from a net profit of $939mn in the fourth quarter of 2019, but up on a loss of $463mn in the third quarter of 2020.
Eni restarts Damietta LNG plant in Egypt
Italy’s Eni announced this week that the first cargo since 2012 from the Damietta LNG plant in Egypt had been produced and lifted.
GLNG: Pair of Qatari deals
Two separate LNG-related deals have been announced this week, involving Qatargas and its parent company, Qatar Petroleum (QP).
Russia's Norilsk Nickel to convert mining gear to run on LNG
Novatek mulls larger Obsk LNG terminal
Israel to connect Leviathan to Egyptian LNG terminals
India’s GAIL to sell US LNG imports locally from 2023
GAIL (India) has unveiled plans to stop selling the LNG it sources from the US in international markets, instead selling it locally from 2023.
Tanzanian LNG hopes dashed after Equinor write-down
ACCC warns of gas supply shortfalls, price spikes
The Australian competition watchdog has warned that a retreat in domestic gas prices may be short-lived, owing to a looming supply shortfall.
EU imports of Russian gas surge in January, despite objections to Nord Stream 2
As leading EU countries lobby Germany to stop the construction of Nord Stream 2, the same countries have been dramatically increasing their imports of Russian gas as a cold snap sweeps the Continent
Cheniere requests permission to bring Corpus Christi Train 3 online
Cheniere Energy has asked the US Federal Energy Regulatory Commission (FERC) for permission to bring the third train at the Corpus Christi LNG export terminal in Texas into service.
Mozambique LNG project may be back on track soon
Total’s CEO says work may resume on the Mozambique LNG project by the end of March, pointing to his company’s security agreement with the Mozambican government and insisting production will begin in 2024.
GLNG: Corpus Christi Train 3 ready to enter service
Cheniere Energy has asked the US Federal Energy Regulatory Commission (FERC) for permission to put the third train at the Corpus Christi LNG export terminal in Texas into service.
Fluxys takes FID on Zeebrugge LNG expansion
Polish LNG imports grow, as shipments to Europe return
Poland’s PGNiG said its imports of LNG rose 10% in 2020 and are expected to grow further still, while all across Europe LNG imports are now returning after briefly being redirected to Asia.
Venture Global pushes forward with plans for new terminals
Venture Global LNG, which is currently building the Calcasieu Pass LNG export terminal on Louisiana’s Gulf Coast, is progressing plans to build other terminals in the region.
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