GLNG - Global LNG

Kumul Petroleum delays purchase of stake in PNG LNG from Santos

Papua New Guinea state-owned Kumul Petroleum has delayed an agreement to purchase a 5% stake in the PNG LNG project from Santos, the Australian firm and Papua New Guinea Prime Minister said on May 1.

World’s biggest buyer of LNG expects volatile year ahead

Japanese energy company JERA, the world’s biggest purchaser of LNG, says there is a risk of more market volatility throughout 2023.

ExxonMobil says it cannot start building Rovuma LNG plant without security in Cabo Delgado

ExxonMobil (US) has said that the Rovuma LNG consortium cannot start work on an onshore gas liquefaction complex without assurances of long-term stability in northern Mozambique.

JERA agrees to purchase LNG from Venture Global in 20-year deal

Under the terms of the free on board deal, JERA will buy roughly 1mn tpy of LNG from the Venture Global-operated CP2 project to be located in Cameron Parish, Louisiana.

Rio Grande LNG to be financed soon, says NextDecade CEO

NextDecade Corp. CEO Matthew Schatzman says that a positive final investment decision is likely to be made on the Rio Grande LNG facility soon after the Federal Energy Regulatory Commission’s order reaffirming its approval.

TotalEnergies says restart of construction of $20bn LNG plant in Mozambique is being hampered by cost dispute with contractors

TotalEnergies has said the security situation in northern Mozambique has stabilised but resumption of work on its LNG project in the area is being complicated by disagreements with contractors over extra costs.

Slovakia secures access to LNG terminals in Germany

Department of Energy tightens LNG export extensions

The US Department of Energy has tightened its approval of applications by companies for projects for exporting LNG.

Mozambique's president says TotalEnergies can resume construction of $20bn LNG plant

Mozambique's President Filipe Nyusi has said that security has been restored in the north of the country and French oil major TotalEnergies can resume building its $20bn liquefied natural gas project.

GLNG: Qatar reports rise in deliveries of LNG cargoes in first quarter of 2023, amid bright outlook

Qatar reports rise in deliveries of LNG cargoes in first quarter of 2023, amid bright outlook

Qatar’s LNG exports sector has had a strong start to 2023, with the country shipping 22 more cargoes in the first quarter of the year compared to the same period in 2022.

Golar LNG to build floating liquefied natural gas (FLNG) plant in Nigeria

The NNPCL has signed a memorandum of understanding with Golar LNG to build a floating liquefied natural gas plant (FLNG) in Nigeria.

Glenfarne’s Texas LNG receives FERC approval

Glenfarne Energy Transition obtained approval from the US Federal Energy Regulatory Commission (FERC) on April 24 for its planned 4mn tpy Texas LNG facility located in the port of Brownsville.

Delfin Floating LNG project on schedule for FID by mid-2023

Delfin Midstream revealed on April 24 that its floating liquefied natural gas (FLNG) project offshore of Louisiana consisting of four vessels each boasting a nameplate capacity of 3.5mn tonnes per year is expected to take a FID by mid-2023.

Tellurian obtains FERC approval for Driftwood pipelines

Houston-headquartered LNG developer Tellurian received Federal Energy Regulatory Commission (FERC) approval on April 21 for its Driftwood LNG Line 200 and Line 300 natural gas transmission pipeline project.

SE Europe strengthens gas security with new regional agreement

Four EU members in Southeast Europe have strengthened their energy security futures with the signing in Sofia on 25 April of a memorandum of understanding that includes Azerbaijan, which supplies natural gas to the region through the SGC.

Congo LNG project launched by Eni

Italian oil major Eni inaugurated the Congo LNG gas liquefaction project on April 25. The facility will features two floating liquefied natural gas (FLNG) plants at the Nene and Litchendjili fields offshore the Republic of the Congo.

2022 blip aside, China is Asia’s LNG force of the future

With the exception of last year’s dip in numbers, as LNG prices around the world reacted to Russian invasion of Ukraine, China has shown continued year-on-year LNG import increases since the mid-2000s.

New LNG deliveries for India’s GAIL from SEFE

German firm SEFE Marketing and Trading, formerly Gazprom Germania, delivered two cargoes of LNG to GAIL in March and in April. Another four are to be delivered in May.

Chevron seeks drilling rig for East Mediterranean assets

Europe’s heating season ends as gas storage passes bottom

European gas tank storage hit a low of 55.36% full at the start of April 1, and the volume held in tanks has grown since then to 57.94% full as of April 23, according to data from GIE.

Russian LNG liberalisation set to benefit Rosneft

Russian state-owned oil firm Rosneft looks set to be the main beneficiary of a proposed government law that will liberalise rights to use the country’s gas to export gas, with 36 of the company’s fields permitted to be used for LNG development.

LNG volumes at sea rise on annual basis

The amount of LNG stored at sea rose this month on an annual basis, Reuters reported on April 21, attributing the growth to low spot demand in Japan, China and South Korea.

Angola reports oil revenues, volumes down in Q1-2023

José Barroso, Angola’s secretary of state for oil and gas, reported that the country had seen crude oil export volumes and revenues decline year on year in the first quarter of 2023.

Russian energy exports to China soar in Q1

Russian supplies of oil, pipeline gas and LNG to China soared in the first quarter of this year, customs authorities in Beijing reported on April 21, reflecting the diversion of the country’s energy exports from Western markets.