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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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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.
TotalEnergies plans to restart Mozambique LNG project by mid-2025
French energy supermajor TotalEnergies has confirmed its plans to resume operations on the Mozambique liquefied natural gas (LNG) project by mid-2025.
EU could wind down all Russian gas by 2027
EU said to prepare a sanction plan to phase out Russian gas imports by 2027
Novatek slumps to RAS lost in Q1
Russia’s largest LNG producer Novatek reported a net loss of RUB35.3bn ($382mn) in the first quarter of this year under Russian accounting standards.
BLOG: The EU’s glacial push to eliminate Russian LNG
The EU is continuing to grapple with the complex challenge of eliminating its remaining oil and gas imports from Russia, as the European Commission prepares to unveil a roadmap this week outlining how to achieve that goal, hopefully by 2027.
Golar LNG makes FID for Argentine floating LNG vessel
Golar LNG has confirmed the final investment decision for the 20-year re-deployment charter of the floating LNG vessel Hilli Episeyo off Argentina's coast.
Pan American Energy makes FID on landmark Argentine LNG export project
Pan American Energy and partners have reached the final investment decision for the Southern Energy floating liquefied natural gas export project in Argentina.
Argentina LNG deal signals energy shift near Brazil
Pan-American Energy and partners Pampa Energía, Harbour Energy, YPF and Golar LNG have approved the final investment decision (FID) for Argentina’s Southern Energy FLNG export project.
Experts warn US LNG deals threaten Southeast Asia’s energy security and climate goals
As Southeast Asian nations weigh long-term liquefied natural gas (LNG) import deals with the United States to address trade imbalances, energy analysts caution that such commitments could undermine energy security and derail the region’s clean energy
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