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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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Venture Global’s CP2 gets environmental approval, FID expected mid-year
US LNG giant Venture Global’s Calcasieu Pass 2 project has been given the go-ahead from federal regulators in a final environmental report for the megaproject.
Glencore finalises 20-year supply deal with Commonwealth LNG
Multinational commodity trader and mining firm Glencore has agreed to a 20-year offtake contract with Commonwealth LNG.
Aramco signs MoU with NextDecade and Sempra
State-run Saudi Aramco has agreed to a memorandum of understanding with US LNG producers Sempra and NextDecade.
Dutch-UAE consortium secures contract for Perenco’s FLNG project in Gabon
A Dutch-United Arab Emirates (UAE) consortium has signed a contract to deliver a floating liquefied natural gas (FLNG) facility for Perenco’s energy project at Cap Lopez, off the coast of Gabon.
Egypt eyes long-term contracts for Qatari natural gas supply
Egypt and Qatar are planning to sign long-term contracts for the supply of Qatari natural gas to meet Egypt’s domestic energy needs.
Expansion of Cedar LNG appears likely amid strong demand for Canadian LNG
Canada’s Cedar LNG is experiencing strong interest from Asian buyers, with early-stage negotiations pointing to a possible expansion terminal being added to the project.
Japan’s Eneos pivots investment from hydrogen to LNG
Japanese energy company Eneos Holdings will shift investment from hydrogen to LNG and sustainable aviation fuel.
Egypt shifts to LNG importer with 10-year deal for floating terminal
Egypt has agreed with Norway’s Höegh Evi to lease a floating LNG import terminal for 10 years.
BLOG: Don't be afraid of the great gas glut
We are on the brink of a serious glut in global LNG supply – some will say. Global gas prices are indeed set to fall and the market loosen over the coming years, thanks mainly to the US and Qatar.
Tensions, trade, and the fuel factor—India’s energy supply amid conflict with Pakistan
As India turns Westward for crude, with one eye on Pakistan’s military actions to the Northwest, the LNG picture is less optimistic. The ongoing strain with Pakistan threatens to compromise pipeline logistics and maritime routes of the fuel.
US industry group reportedly calls for LNG exemption from Trump’s new rules for exports
A US energy industry group is reportedly asking the administration of US President Donald Trump to exempt LNG tankers from new rules that will require producers to transport an increasing percentage of their exports on US-built vessels.
Golar LNG approves pioneering Argentina FLNG project to tap Vaca Muerta gas
Argentina’s LNG export plans have taken a step forward even as scepticism remains.
Tanzania seeks to greenlight $42bn LNG project by October
The Tanzanian government is seeking to finalise terms on a long-delayed $42bn LNG export terminal with international oil and gas companies by October.
Commonwealth LNG secures supply deal with Asian customer
US LNG developer Commonwealth LNG has signed a 20-year supply deal with an Asian customer.
China returns to LNG spot market as prices dip
Chinese companies are back buying LNG cargoes from the spot market following a drop in prices, marking a shift in the purchasing pattern for the world’s biggest importer of LNG
LNG Canada prepares to produce first LNG in June
Canada’s flagship project has finished the cooldown process of the new plant, with all machinery tested, marking the completion of a critical step in bringing online the new plant in Kitimat, British Columbia.
China's ENN, Zhenhau Oil sign deals for ADNOC's LNG
China's ENN Natural Gas and state-owned Zhenhua Oil have each entered into term agreements to purchase LNG from ADNOC.
Shell reportedly eyes BP takeover in $300bn tie-up
While Shell is on an upward trajectory, BP’s disappointing share performance has fuelled speculation that it could be targeted for takeover.
Scarborough Energy Project faces additional obstacle from Australian doctors group
Australian oil and gas giant Woodside Energy will need to clear another hurdle for its Scarborough Energy Project to get the green light after Doctors for the Environment Australia initiated legal action in the country’s Federal Court.
Golar LNG approves Argentina FLNG project to tap Vaca Muerta gas
Golar LNG has announced the FID for the 20-year re-deployment charter of its FLNG Hilli Episeyo vessel to Southern Energy S.A. offshore Argentina, marking a significant step in monetising Argentina's vast Vaca Muerta shale gas resources.
QatarEnergy and Japanese firms discuss long-term LNG deal
If finalised, the agreement would then reinforce Doha’s long-established position in Japan’s influential gas market, at a time competition is intensifying from the US in the form of the Alaska LNG project, as well as from regional Gulf producers.
ConocoPhillips' exit from Sarawak oil project raises pressure on Malaysian government
ConocoPhillips announced it would exit the Salam-Patawali deepwater oil and gas field, which it had jointly discovered with Petronas in 2018. The 50:50 joint venture, located off southern Sarawak, had been projected to cost $3.13bn.
South Africa’s energy minister says gas-to-power plants should run at higher load factor
South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has said that the load factor for proposed gas-to-power plants will be increased from 25% to over 50%.
Woodfibre LNG seeks to expand workforce, requesting second floatel
Woodfibre LNG is gearing up to increase construction with a request to add a second floatel for employees sent to regulatory agencies.
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