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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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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.
Takeover deal for LNGL collapses, putting company in danger
A planned takeover deal for Australia-headquartered LNG Ltd (LNGL) has collapsed, after the buyer, LNG9, failed to secure financing for the transaction and withdrew its bid.
Oil plunges again after IEA paints bleak picture
Grand Tortue/Ahmeyim project falls behind schedule
BP is reportedly set to delay work at Grand Tortue/Ahmeyim, an offshore block that straddles the maritime border between Senegal and Mauritania, by about a year.
Peru LNG reports exports up in March
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes increase year on year in February.
Novatek overseas sales slump in Q1
Höegh LNG takes steps to mitigate against market conditions
Höegh LNG Holdings announced this week that it was taking steps to preserve liquidity and reduce costs in the uncertain business environment created by the coronavirus (COVID-19) pandemic.
Shell delays FID on Crux project in Australia
Royal Dutch Shell announced on April 7 that alongside its joint venture partners it had agreed to postpone a final investment decision (FID) on the proposed Crux gas project offshore Australia.
PGNiG starts small-scale LNG operations in Lithuania
Poland’s PGNiG has sold its first two LNG cargoes from the reloading station in Klaipeda, Lithuania, which it started using on April 1.
Total agrees to charter LNG-fuelled VLCCs
France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).
KOGAS reportedly asks certain suppliers to defer LNG shipments
Korea Gas (KOGAS), one of the world’s leading buyers of LNG, has reportedly asked some of its suppliers to defer shipments of the fuel as the coronavirus (COVID-19) pandemic continues to depress demand.
ExxonMobil delays FID on Rovuma LNG
Super-major ExxonMobil has announced that it is pushing back a final investment decision on the proposed Rovuma LNG project in Mozambique.
Unprecedented challenges after a boom year
The LNG market grew by 13% in 2019, according to a new report, but now faces unprecedented challenges as suppliers look ahead to the coming months.
Woodside steps up pursuit of hydrogen export goals
Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.
Cryopeak begins construction on small-scale LNG facility
Canada’s Cryopeak LNG Solutions has started construction on a small-scale LNG facility in Fort Nelson, British Columbia.
US LNG exports to China resuming thanks to tax waivers
Shipments of US LNG to China are resuming after Beijing has reportedly started granting tax waivers to certain importers of the super-chilled fuel.
Yantai LNG, the largest LNG terminal in northern China, approved by China’s National Development and Reform Commission
The National Development and Reform Commission of China officially approved the construction of the largest LNG receiving terminal in northern China, the Yantai LNG terminal in March that will be the largest of its kind in the country.
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