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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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Cheniere completes first train at Corpus Christi expansion project
The US’s largest LNG producer Cheniere Energy has achieved substantial completion of the first of seven liquefaction trains at the Corpus Christi LNG Stage 3 expansion project.
Iraq negotiates first LNG deal with Algeria
Petronas mulling Argentine Vaca Muerta withdrawal
Petronas may be exiting Argentina's Vaca Muerta shale play, with the Malaysian national oil company launching a process to sell its 50% stake in the La Amarga Chica joint venture with YPF.
Vietnam agrees energy deals with the US
Vietnam has stepped up efforts to strengthen its economic ties with the United States, announcing provisional agreements for imports of US energy products and a potential reduction in duties on a wide range of American goods.
India's LNG imports up 7.3% in February
India’s liquefied natural gas (LNG) imports rose 3.08bn cubic metres (bcm) in February, up 7.3% year-on-year (y/y), according to provisional data from the Ministry of Petroleum and Natural Gas’ Petroleum Planning and Analysis Cell (PPAC).
Nakilat marks cutting of first steel on LNG carriers
Qatar's Nakilat has held a steel cutting ceremony for eight of its new LNG carriers at the Hanwha Ocean shipyard.
Red Sea tensions escalate as US and Houthis launch attacks
The US and Yemen’s Houthi rebels have launched fresh attacks amid growing concerns over the safety of Red Sea shipping routes.
Colombia's offshore gas ambitions: Petrobras and Ecopetrol's strategic venture
Colombia is poised to significantly bolster its natural gas reserves through a collaborative offshore project between Brazil's Petrobras and Colombia's Ecopetrol.
Ukraine seen turning to US LNG imports as damage to gas infrastructure mounts
Mounting damage to Ukraine’s natural gas production facilities is forcing Kiev to turn increasingly to gas imports from its European allies – as was recently illustrated by the agreement between Naftogaz and Poland’s Orlen.
Japan, Province of Alberta sign MoU at Houston’s CERAWeek energy conference
Alberta Premier Danielle Smith alongside the chairman and CEO of the Japan Organisation for Metals and Energy Security (JOGMEC), Ichiro Takahara, in mid-March agreed and have signed an MoU at the Houston-based CERAWeek energy conference.
Alaska LNG officials to meet Asian partners in late March
Officials from the Alaska LNG project are slated to arrive in Japan later this month to charm potential investors in the long-stalled project.
LNG and AI to drive US natural gas use to new records
Demand for US natural gas is expected to continue climbing to record highs amid increased use of LNG and AI.
Shell completes sale of Nigerian onshore assets to Renaissance
Shell has finalised the sale of its Nigerian subsidiary, the Shell Petroleum Development Company of Nigeria (SPDC), more than a year after announcing its divestment.
Petrobras begins talks on long-term LNG deal with US suppliers
Brazil’s state-owned Petrobras is in the midst of discussions with US LNG suppliers on a long-term import agreement.
US to lend $4.7bn to TotalEnergies for stalled Mozambique LNG project
TotalEnergies’ long-delayed Mozambique LNG project appears back on track after the US Export-Import Bank greenlighted a $4.7bn loan.
US mulls project partnerships with Russia's Gazprom
First and foremost, US involvement in the operation of the Nord Stream 2 pipeline appears to be on the table.
Sembcorp cancels Indonesian gas deal over regulatory hurdles
Sembcorp Industries (SCIL.SI) has scrapped its gas sales agreement to import piped natural gas (PNG) from Indonesia’s Mako gas fields, citing regulatory challenges
Indonesian gas distributor PGN anticipates profit margin pressure following extended gas price policy
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has disclosed the financial implications of the government's decision to extend the Specific Natural Gas Price (HGBT) program through 2025.
Colombia's strategy to import Qatari gas faces economic and logistical hurdles
President Gustavo Petro has directed Ecopetrol to import natural gas from Qatar to diversify suppliers and reduce consumer prices.
Azerbaijan and North Macedonia strengthen energy cooperation
Azerbaijan and North Macedonia have reinforced their growing partnership, with a particular focus on energy cooperation, as Presidents Ilham Aliyev and Gordana Siljanovska-Davkova met to discuss various areas of collaboration.
Rising construction costs push US LNG producers to renegotiate deals
A handful of US LNG producers are seeking to renegotiate higher prices with purchasers as they grapple with increasing construction costs.
Trump administration seeks to halt SPR sales, build Alaska pipeline to boost LNG exports
The Trump administration plans to work with the US Congress to halt mandated sales from the Strategic Petroleum Reserve to address its low stockpile, US Energy Secretary Chris Wright said on 10 March at the CERAWeek oil and gas conference.
Brazil's Petrobras confirms major gas find offshore Colombia
Brazil's state-controlled oil company, Petrobras, has verified a substantial natural gas discovery off Colombia's Caribbean coast.
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