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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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Flipkart partners with GreenLine to boost sustainable logistics in India with LNG trucks
GreenLine Mobility Solutions has partnered with e-commerce company Flipkart to advance eco-friendly logistics operations by incorporating liquefied natural gas (LNG) trucks into Flipkart’s supply chain.
Jordan signs agreement to utilise Egypt's gas infrastructure over next two years
Jordan and Egypt signed an agreement to utilise Egypt's gas infrastructure, through which Jordan will use Egypt's floating storage and regasification units (FSRUs) over the next two years.
Last LNG carriers head back to Yamal as navigation through eastern NSR ends for this year
Navigation in the eastern sector of the Northern Sea Route for 2024 has concluded as the last LNG tankers from Yamal LNG return from China.
GLNG: Woodside’s CEO says it will add partners to Louisiana LNG project before March
Woodside’s CEO says it will add partners to Louisiana LNG project before March
Australia’s Woodside Energy plans to onboard several new partners as it sells a 50% stake in its Louisiana LNG project.
QatarEnergy signs long-term contract with Shell for delivery of LNG to China
QatarEnergy along with Shell have come to a long-term sales and purchase agreement for the delivery 3mn tonnes per year of LNG to China.
Russia starts stripping Germany's Linde of assets
Germany’s Linde, which ceased operations in Russia citing sanctions, has begun losing its assets in the country after failing to win a series of legal battles with Russian contractor RusKhimAlliance.
Nigeria looks to ramp up LNG production as TotalEnergies hints of sanctioning Ima gas project
French supermajor TotalEnergies hopes to approve the Ima gas project in Nigeria in 2025, breathing a breath of fresh air into the country’s struggling LNG sector, which has suffered from a lack of gas feedstock supply.
TotalEnergies to greenlight $750mn Nigerian gas project in 2025
Maharashtra to convert 5,000 diesel buses to LNG
The Maharashtra State Road Transport Corporation (MSRTC) plans to transform 5,000 diesel buses into liquefied natural gas (LNG) vehicles to lower fuel expenses and environmental impact.
GAIL pens charter deal for a new-build LNG carrier with K Line
GAIL has entered into a long-term charter agreement with Japan's Kawasaki Kisen Kaisha (K Line) via a ship-owning firm based in Singapore for a newly built LNG vessel.
Russia removes MET for hard-to-recover Yamal gas projects
Russian President Vladimir Putin has signed a law eliminating the mineral extraction tax (MET) on natural gas and gas condensate extracted from Achimov and Jurassic deposits on the Yamal Peninsula.
South Africa seeks LNG from Qatar as gas shortages loom
Brazil, Argentina companies sign deal with Bolivia's YPFB to pipe Vaca Muerta gas
Grupo Matrix Energia from Brazil and TotalEnergies' Argentine division have finalised their first agreement with Bolivia’s state-owned YPFB to transport gas from Argentina's vast Vaca Muerta shale formation.
Excelerate Energy supplies two LNG cargoes to Bangladesh in November
US-based Excelerate Energy delivered two liquefied natural gas (LNG) shipments to Bangladesh's state-run Petrobangla in November.
BP dishes out contracts for $7bn Tangguh LNG expansion in Indonesia
BP has awarded multi-billion contracts to Japanese engineering and construction giant JGC and a partnership between Italy’s Saipem and Jakarta-based Meindo Elang for its Tangguh LNG expansion project in Indonesia.
Swiss power producer Axpo ponders Japanese LNG investment
Axpo, a Baden-based power producer and trader, is reportedly exploring potential investments in Japan's electricity and LNG markets as the Northeast Asian country’s evolving power sector drives demand for hedging and spot LNG supply.
Critics slam Guyana tapping a new entry to develop gas project
Guyana's ambitious plans to monetise its natural gas resources have hit a standstill five months after the government's controversial selection of Fulcrum LNG, a one-year-old US startup, to develop a potential $30bn export project.
INTERVIEW: Black & Veatch well-positioned for growth through energy transition
Global engineering, procurement and construction firm Black & Veatch is well-positioned both in the LNG space and across the broader energy sector to capitalise on the energy transition and ensure the company’s continued growth.
Bangladesh to issue international tenders for offshore gas exploration
Bangladesh’s interim government will issue international tenders for offshore gas exploration on December 9 and for onshore reserves, including hilly areas, in March next year.
Venture Global faces pending arbitration claims of nearly $6bn
US LNG upstart Venture Global is facing pending arbitration claims of $5.9bn from eight different companies.
Europe turns to African LNG amid growing geopolitical conflict, says report
Europe’s thirst for LNG is increasingly being met by African LNG suppliers amid increasing geopolitical conflicts, according to a new special report by LNG Industry.
Woodside’s Pluto LNG plant shut down due to fault in control system
Australia’s Woodside Energy shut down the company’s Pluto LNG facility on November 25 because of a fault in the plant’s control system.
Trump planning executive order to remove LNG ban
President-elect Donald Trump’s promise to lift the temporary ban on LNG export approvals for new projects as a day one priority is beginning to take shape.
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