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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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Equatorial Guinea hopes Noble can launch Alen field by end-2020
The government of Equatorial Guinea has said that it hopes Noble Energy (US) and its partners will be able to launch production at the offshore Alen field before the end of this year.
PNG walks away from P’nyang gas talks
A planned $13bn expansion of Papua New Guinea’s (PNG) liquefied natural gas (LNG) export capacity is set for lengthy delays after the government walked away from talks with ExxonMobil on a key gas project.
Thailand looking at LNG spot market
Thailand’s Ministry of Energy has ordered state-owned oil and gas company PTT to assess the feasibility of buying LNG on the spot market in order to take advantage of lower prices.
High hopes for Europe
The LNG industry is hopeful that Europe will be able to absorb more supply this year, as a global glut of the fuel continues to weigh on prices.
Plans emerge for new LNG proposal for Alaska
Plans to develop a new LNG facility in south-east Alaska, close to the border with Canada, have emerged over the past two weeks.
Greece gets EU backing for LNG bunker ship
Enbridge, Annova LNG strike gas supply deal
Houston-based Annova LNG announced last week that it had signed a 20-year natural gas supply deal with pipeline operator Enbridge for its proposed LNG export terminal in Texas.
India fails to win over Qatar on LNG pricing
India’s efforts to renegotiate its long-term liquefied natural gas (LNG) supply deal with Qatar have fallen flat, with Doha rebuffing New Delhi's calls for a move away from oil-linked prices.
French LNG imports hit 10-year high in 2019
China imports record amount of LNG in 2019
China’s imports of liquefied natural gas (LNG) climbed 12.2% year in year in 2019 to a record high of 60.25mn tonnes in 2019, despite concerns that the country’s economic slowdown would impinge on demand.
NLNG in 10-year supply deals with Total, Eni
The Nigeria LNG (NLNG) consortium has concluded 10-year supply agreements with subsidiaries of Total and Eni.
Yamal LNG's fourth train faces delays
Total signs 10-year supply deal with Nigeria LNG
France’s Total has struck a deal to buy 1.5mn tonnes per year (tpy) of LNG from the Nigeria LNG (NLNG) terminal on Bonny Island.
Sinopec reportedly to review potential Cheniere deal
Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.
Gas troubles in Trinidad and Tobago
Trinidad and Tobago's gas sector is under pressure, both at home and in the export market.
McDermott files for bankruptcy protection
Engineering and construction firm McDermott International has filed for Chapter 11 bankruptcy protection after reaching an agreement with its creditors.
Petronas signs LNG supply contract with Shenergy
Malaysia’s state-run Petronas has signed a long-term liquefied natural gas supply agreement with China’s Shenergy Group.
Concerns voiced on viability of US-China deal’s energy trade targets
The US and China have signed a preliminary trade deal, amid concern that the energy purchase commitments set out in the agreement could be too ambitious.
Trump administration’s LNG-by-rail plans run into opposition
A proposal by the government of US President Donald Trump to allow transportation of LNG by rail is encountering opposition at the state level.
Eni says hull of Coral South FLNG vessel is complete
Italy’s Eni reported on January 14 that it had marked the completion of the hull of a floating LNG (FLNG) vessel that will be used for the Coral South LNG project in Mozambique.
Eagle LNG Partners awards contract for small-scale LNG plant
US-based Eagle LNG Partners has awarded an engineering, procurement, fabrication and construction (EPFC) contract for a small-scale LNG project that will target buyers in the Caribbean Sea region.
Russia presses on with import substitution drive
MOL, COSCO name newest LNG carrier
Japan’s Mitsui OSK Lines (MOL) and China COSCO Shipping have named the second of four LNG carriers the companies have commissioned to transport fuel produced by Russia’s Yamal LNG project.
Indian LNG demand supports spot prices
India’s demand for liquefied natural gas (LNG) is helping drive spot prices for the fuel higher, according to a report by Reuters.
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