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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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European gas prices hit two-year high on colder weather
The surge is driven by a confluence of factors, including intensified demand as a result of colder weather, supply disruptions and weaker power generation from renewables.
Pakistan seeks new deal for Qatar LNG as price hike hits industries
Pakistan has faced an economic crisis for years in which energy costs have played a leading role. A recent increase in the cost of gas for industries has created fears that exports will suffer and lead to more economic trouble.
Guyanese government confirms start date for landmark gas-to-energy project
Guyana's transformative gas-to-energy project is set to begin operations on November 1, according to Prime Minister Mark Phillips, who confirmed the start date for the 300MW power plant during a recent parliamentary session
TotalEnergies pushes for Europe to secure long-term US LNG deal
French supermajor TotalEnergies is keen to assist with the sale of more US LNG to Europe, although the company’s CEO Patrick Pouyanne warned that it would be wise to do so via a long-term agreement.
Mozambique to discuss energy investment prospects, LNG projects at roundtable in Maputo
Mozambique will host a high-level investor roundtable on February 13 in Maputo to highlight its energy potential and investment prospects.
Indian Gas Exchange trade volumes up in January
Indian Gas Exchange traded 182mn cubic metres of gas volume in January, up 26% month on month and 398% year on year.
Polish chemical company Grupa Azoty signs deal for potential US gas supplies
Grupa Azoty, Poland's leading chemical company, has signed a letter of intent with American Gas Partners on potential gas supplies from the US.
US LNG exports stay near record high in January
US exports of LNG were near a record high in January, with the world’s largest exporter of the super-chilled fuel shipping 8.46mn tonnes.
Philippine energy giants unite landmark LNG deal
In a move that could help reshape the Philippines' energy landscape, three of the country's largest power companies have joined forces to develop what experts are calling a game-changing LNG facility.
India’s LNG demand to surpass 37 mtpa by 2030: Wood Mackenzie
Indian liquefied natural gas (LNG) demand is projected to exceed 37mn tonnes per annum (mtpa) by 2030 and 88 mtpa by 2050, according to a Wood Mackenzie report.
Japan may consider Alaska LNG investment for sake of good US relations
Japanese Prime Minister Shigeru Ishiba is expected to meet US President Donald Trump this week in Washington for the purpose of reaffirming political and trade relations. One item on the agenda may be Japanese investment in the Alaska LNG project.
Petronas to shut down 500km Sabah to Sarawak gas pipeline
Malaysia’s state-owned energy giant, Petronas, has revealed plans to decommission the Sabah to Sarawak Gas Pipeline, a 500km long piece of infrastructure linking Kimanis in Sabah to Bintulu in Sarawak.
Europe's gas crisis is back with a vengeance
A year ago, many market watchers were warning that it was premature to say Europe’s gas crisis was over. Now it seems it is back with a vengeance.
FERC: Venture Global near to completing repairs to Calcasieu Pass facility
Venture Global could complete repairs to equipment connected to onsite power generation by the end of February, the Federal Energy Regulatory Commission said in a regulatory filing.
Venture Global granted permission to introduce natural gas to Plaquemines’ seventh block
Venture Global has received approval from federal regulators to commence the introduction of natural gas into the Plaquemines plant’s seventh block.
Japan to benefit from more US LNG production, JERA says
Major LNG importer Japan stands set to benefit from improved energy security if US LNG production increases under Donald Trump’s presidency, Japan’s biggest LNG purchaser JERA says.
TotalEnergies and Mozambique hold talks on stalled LNG project
TotalEnergies’ CEO Patrick Pouyanne and Mozambique’s President Daniel Chapo held talks on the long-delayed Mozambique LNG project during an energy conference on January 28.
Household gas cylinder shortage crisis intensifies in Tunisia despite Algerian support
Several Tunisian regions are still experiencing a shortage of household gas cylinders despite recent Algerian gas shipments. An Algerian shipment of 5,200 tonnes of LNG arrived at the port of Bizerte in Tunisia recently to help meet increased demand.
Jade Gas coal bed methane project strategy “well advanced” in South Gobi, Mongolia
ASX-listed Jade Gas on January 31 said it is well advanced in delivering on its commercial strategy for its coal bed methane (CBM) gas project at the Tavantolgoi basin in Mongolia in the South Gobi region of Mongolia.
Nigeria’s LNG exports drop 20% due to pipeline vandalism
Germany’s Russian LNG imports surge over 500% in 2024, via other countries
Germany talks loudly about ending Europe’s imports of Russian gas, but as a result of alternative sources of energy, it has seen imports of Russian LNG soar by 500% in 2024 y/y, worth a total of €7.32bn, delivered via other European countries.
Nigeria to construct five mini-LNG plants
The Nigerian National Petroleum Co. Ltd (NNPCL) has approved plans to construct five mini-liquefied natural gas plants in Ajaokuta, Kogi State, with a groundbreaking ceremony set to take place on February 6.
Morocco set to produce LNG for first time by end-2025
Morocco is set to enter the LNG production market for the first time by the end of 2025 as the gas liquefaction facility at the Tendrara field is nearing completion.
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