LNG

U.S. natgas prices fall 5% on lower LNG feedgas, weekend storm

U.S. natural gas futures fell about 5% to a one-week low due to forecasts for milder weather than previously expected, a potential demand destroying storm on the East Coast this weekend and a decline in the amount of gas flowing to LNG export plants.

Strikes end at Chevron's Australian LNG facilities

An Australian union alliance called off strikes at Chevron's two major local LNG projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies.

Asia spot LNG prices notch up amid spot buys, easing Japan inventories

Asian spot LNG prices rose $1 this week due to buying activity by China and India, easing inventory levels in Japan and higher oil prices.

Chevron accepts Australian labor tribunal's terms to end strike at LNG plants

Chevron said it has the accepted recommendations from Australia's labor regulator to end its dispute with unions at its LNG facilities in Western Australia.

NextDecade secures $356-MM loan for Rio Grande LNG Phase 1

NextDecade said it has received a loan worth $356 MM from a group of lenders to finance a portion of the Phase 1 of its Rio Grande LNG export facility in Texas.

Berkshire Hathaway Maryland Cove Point LNG export plant shut

The amount of natural gas flowing to U.S. energy firm Berkshire Hathaway Energy's Cove Point LNG export plant in Maryland fell to near zero on Wednesday, a sign that the plant likely shut for work expected to start on Sept. 21.

German Mukran LNG import terminal seen ready by first quarter

A new floating reception terminal for LNG off the German Baltic Coast should be operational from the first quarter of 2024, gas pipeline operator Gascade, which is building its onshore connection.

Years of limited gas supply spell price spikes, Equinor says

A protracted lack of supply in the gas market means even minimal disruption will cause prices to spike, a senior executive at Equinor, Europe's largest supplier of natural gas.

Australia tribunal to rule on Chevron LNG strikes after talks fail

Fresh talks between Chevron and unions over strikes at two LNG facilities in Western Australia ended without a deal leaving it up to a workplace tribunal to map a way forward.

Japan says it will ensure stable energy supply after U.S. sanctions related to Arctic LNG-2 project

Japan will ensure stable and steady energy supply to the country in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 LNG project.

LNG crucial to German energy strategy

Germany must strengthen rather than abandon the LNG capability built last year to retain energy diversity in the face of continued fragility of supply.

U.S. natgas prices up 2% to two-week high on daily output drop

U.S. natural gas futures climbed about 2% to a two-week high with a drop in daily output and as the amount of gas flowing to the country's LNG export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.

Chevron's strike-hit Australia LNG facility resumes full production

Chevron said full production had resumed at its strike-hit Wheatstone LNG facility in Western Australia after a fault last week cut production by about one-fifth.

Irish planning body rejects major LNG terminal, cites climate plan

Ireland's top planning body has refused permission for a major new LNG terminal, citing the government's greenhouse gas reduction targets, a possibly fatal blow to a project supporters say is essential to the country's energy security.

Chevron LNG strikes to have limited near-term impact on U.S. gas prices

The strikes at Chevron's LNG plants in Australia will likely have limited near-term impact on U.S. gas prices as domestic demand remains low.

Venture Global CEO says court battles are not slowing the company's LNG projects

Venture Global LNG's chief executive insisted recently that the company's development of U.S. LNG plants has not been slowed by international court battles over its failure to deliver cargoes to contract holders, including BP and Shell.

U.S. natgas prices edge up 1% on rising feedgas to Freeport LNG in Texas (U.S.)

U.S. natural gas futures edged up around 1% as the amount of gas flowing to the country's LNG export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.

New FSRU arrives in France as Greenpeace blocks port

A new LNG FSRU arrived in western France morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.

ConocoPhillips signs 15-year LNG deal at Gate terminal in Netherlands

ConocoPhillips said it has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.

Asian spot LNG prices inch up as market eyes Australia strikes

Asian spot LNG prices inched up this week amid supply concerns as workers at Chevron's Australia LNG projects escalated industrial action and as feedgas intake at U.S. Freeport dropped below normal capacity.

Moldova's energy regulator fines Gazprom unit $1.9 MM

Moldova's energy regulator ANRE has fined a unit of Russia's Gazprom $1.9 MM for not complying with a requirement on the separation of gas transporting activities from those of a supplier.

Sener selected by Gate Terminal to design and build 4th LNG storage tank

Gate Terminal B.V. announces that it has selected VINCI Construction Grands Projets – Entrepose Contracting (tank), Sener (balance of plant) and Sacyr Proyecta (owner engineering services) to execute the expansion of the terminal with a 4th LNG storage tank of 180,000 cubic meters and an additional regasification capacity of 4 BMC per year.

Avenir LNG places LNG bunker trio with Wilhelmsen Ship Management

London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management.

Chevron's Wheatstone LNG facility faced turbine trip

A turbine at Chevron's Wheatstone LNG facility tripped, causing one of the trains, which are units that LNG to operate at 50% capacity.

EU's Simson calls for phase-out of imports of Russian LNG

The European Union must reduce Russian LNG exports and aim to phase them out completely.

SOCAR Trading starts LNG trading in Singapore to capture Asian demand

Azerbajian's SOCAR Trading has begun LNG trading in Singapore to capture growing demand in Asia.

Chevron LNG workers escalate strike action; fault at Australia plant hits output

Unionized workers at Chevron's Australian facilities escalated strike action, when simultaneously a fault at the energy major's Wheatstone plant was discovered that halted about a quarter of its liquefied natural gas production.

Malaysia's Bumi Armada inks deal for LNG development in Indonesia

Malaysia's Bumi Armada said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of LNG.

Freeport LNG feedgas intake cut for fifth day

Freeport LNG's natural gas intake at its plant in Texas fell to zero, marking a fifth straight day of operating well below capacity according to LSEG data and suggesting a persistent outage at the plant.

Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR

Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.