economics
India eyes ending import tax on U.S. ethane and LPG in trade talks
India plans to end taxes on U.S. ethane and liquefied petroleum gas (LPG) imports under broader negotiations with Washington as it looks to reduce its trade surplus and ease its tariff burden.
Thailand plans to import more U.S. LNG over next 5 yr, says minister
Thailand plans to import more liquefied natural gas (LNG) from the United States over the next 5 yr, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs.
Europe gas: Prices slightly down on healthy Norwegian and LNG supply
Dutch and British gas prices were slightly lower on Tuesday morning amid warm temperatures and strong supply from Norway and liquefied natural gas (LNG), while market players continued to monitor any developments on tariffs and talks to end the war in Ukraine.
Abu Dhabi's ADNOC mulls bid for Aethon's U.S. natural gas assets
Abu Dhabi state oil company ADNOC is in the early stages of considering a bid for investment firm Aethon Energy Management's U.S. natural gas assets.
Croatia's LNG terminal to auction 0.75 Bm3 of regasification capacity in May
Croatia's floating liquefied natural gas (FLNG) terminal will auction 0.75 Bm3 of regasification capacity in May, the managing director of LNG Croatia said.
Alexandroupolis LNG terminal to restart soon and hit capacity by September
The 4.3-MMtpy Alexandroupolis LNG terminal in Greece will begin a gradual restart soon and reach full capacity by September. Gastrade halted operations at Alexandroupolis in late January, citing technical issues
Bulgaria to increase capacity to import gas from Greece by 50% next year
Bulgaria will increase its capacity to import gas from Greece by 50% a year from next January to 8 billion cubic meters (bcm) annually, the head of gas transmission operator Bulgartransgaz said.
NextDecade strikes LNG supply deal with TotalEnergies for 1.5 MMtpy
U.S. LNG producer NextDecade said it has signed a 20-year deal to supply France's TotalEnergies with 1.5 MMtpy from its Rio Grande facility's planned fourth liquefaction facility.
Eni signs MoU with YPF for joint evaluation of Argentina LNG project phase
The MoU relates to the development of upstream, transportation and gas liquefaction facilities through two floating LNG units, with a total capacity of 12 MMtpy.
Energy Transfer requests more time to build Lake Charles LNG plant (U.S.)
Energy Transfer, the pipeline company developing a LNG export facility in Louisiana, is asking federal regulators to extend the deadline by three years for construction of its plant.
Indian gas firm GAIL seeks 26% stake in U.S. LNG
GAIL India Ltd issued a tender to buy an up to 26% stake in a LNG project in the U.S. combined with a 15-year gas import deal, aiding New Delhi's efforts to narrow its trade surplus with Washington.
U.S. natgas prices edge up on record flows to LNG export plants
U.S. natural gas futures edged up about 1% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher gas demand this week than previously expected.
Back to Russian gas? Trump-wary EU has energy security dilemma
More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile. U.S. liquefied natural gas (LNG) helped to plug the Russian supply gap in Europe during the 2022–2023 energy crisis.
U.S. natural gas prices slide 3% to 2-month low on small daily output rise
U.S. natural gas futures slid about 3% to a two-month low on Friday on a small increase in daily output and worries U.S. President Donald Trump's trade war with China could reduce economic growth and demand for energy around the world.
Singapore port authority receives proposals for scaling up LNG marine fuel supply
The Maritime and Port Authority of Singapore has received a total of 14 proposals to scale up the supply of LNG for marine fuel, the government body said
Taiwan could buy $200 B more from U.S., increase LNG imports as part of trade deal
Taiwan state-backed bodies could over the next decade buy an extra $200 B from the U.S. and bump up the percentage of LNG it gets from the county by one-third to help narrow the trade deficit, the economy minister said
Russia, Sri Lanka discuss fuel supply, LNG projects
Russia and Sri Lanka discussed Russian companies' participation in construction and modernization of LNG facilities on the island, the Russian energy ministry said
New LNG plant to boost Venture Global profits as Calcasieu serves long-term customers
Long-term customers to get good deals on LNG from Calcasieu Pass Venture to charge higher spot prices for LNG from Plaquemines Calcasieu customers to continue arbitration cases Venture Global Inc is about to start selling LNG cargoes from a Louisiana export terminal to long-term customers..
Russia lacks infrastructure to replace U.S. LPG for China
Russia's exporters of liquefied petroleum gas (LPG) are unlikely to be able to provide enough LPG to make up for U.S. supplies disrupted by tariffs, traders said on Thursday, citing a lack of infrastructure.
Mozambique government approves Eni's Coral Norte FLNG plan
Mozambique approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.
LNG Canada starts cooldown of plant in final step before producing LNG
LNG Canada has started to cool down its LNG plant in Kitimat, British Columbia, considered a final step before it begins to produce the superchilled gas.
Indonesia to divert LNG cargoes to local buyers in April-May, adjust Singapore exports
Indonesia's upstream oil and gas regulator SKK Migas will during April and May divert five export cargoes of LNG to domestic buyers. Indonesia will also optimize gas exports from the Natuna area to neighboring Singapore, while reducing exports via its Sumatra pipeline to Singapore
Azerbaijan urges EU to reassess finance restrictions on gas corridor expansion
The European Union must reassess its financing and policies on long-term contracts if it wants to keep importing natural gas from Azerbaijan, President Ilham Aliyev said, adding Baku may seek other export markets instead.
Shell lowers first-quarter LNG production outlook
Shell lowered its first-quarter LNG production outlook in a trading update, citing the impact of bad weather in Australia, before it publishes results on May 2.
U.S. exits carbon talks on shipping, urges others to follow
The U.S. has withdrawn from talks in London looking at advancing decarbonization in the shipping sector and Washington will consider "reciprocal measures" to offset any fees charged to U.S. ships.
Petronet LNG signs initial pact with Odisha government to set up a 4-MMtpy LNG terminal
The LNG operator has signed an initial pact with India's Odish state government to possible build a 4-MMtpy LNG terminal.
China petchem plants face shutdown as tariffs on U.S. LPG loom
Chinese petrochemical makers that buy $11 B worth of U.S. liquefied petroleum gas (LPG) annually are poised to cut output or shut for maintenance in coming weeks as Beijing's retaliatory tariffs on U.S. imports drive up costs.
Chevron announces sale of majority interest in its East Texas (U.S.) gas assets
Chevron U.S.A. Inc., a subsidiary of Chevron Corp., has closed on a transaction to sell a 70% interest in its East Texas gas assets to an affiliate of TG Natural Resources LLC (TGNR), a company indirectly owned by Tokyo Gas Co. Ltd. (Tokyo Gas) and Castleton Commodities Intl. LLC (CCI), for $525 MM, with $75 MM paid in cash and $450 MM as a capital carry to fund Haynesville development.
Chinese LNG buyers resell U.S. cargoes as tariffs bite
Chinese buyers of liquefied natural gas (LNG) are re-selling U.S.-sourced cargoes as tit-for-tat tariffs drive up import costs, and the trend is set to accelerate as new multi-year supply deals kick in this month and domestic demand weakens.
Australia's Woodside sells Louisiana LNG stake to Stonepeak for $5.7 B
Woodside Energy, Australia’s top gas producer, said on Monday it has agreed to sell a 40% stake in its Louisiana (U.S.) liquefied natural gas plant (LNG) to U.S. infrastructure investor Stonepeak for $5.7 B.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Digital Exclusive: The future of gas turbines in the green revolution
- LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
