LNG
Europe gas markets escape hectic LNG summer storage race
Europe can expect a surge of liquefied natural gas (LNG) imports over the coming months, giving the continent’s traders and governments a lot more breathing room.
ExxonMobil sees global natural gas demand surging in outlook to 2050
Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, ExxonMobil said in an annual outlook.
CPC Corp. awards CTCI EPC contract for LNG build in Taiwan
CTCI announced that it was awarded another major LNG terminal-related EPC contract to help the state-owned oil company CPC Corporation build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan
EQT to buy LNG from Sempra's Port Arthur Phase 2 project
Commercial activity in the U.S. LNG sector has been increasing rapidly after President Donald Trump lifted a moratorium on new liquefied natural gas export permits soon after taking office in January.
Trafigura signs long-term LNG supply agreement with KOGAS
Trafigura has signed a long-term agreement to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas company and one of the world’s largest importers of LNG.
Baker Hughes awarded long-term service agreement by bp for Tangguh LNG operations
Baker Hughes announced a long-term service agreement award from bp for its Tangguh LNG plant in Papua Barat, Indonesia.
Natural gas flow to Cheniere's Corpus Christi LNG plant reduced on Tuesday
The plant is one of the largest in the United States and usually pulls up to 2.4 Bft3d of natural gas, but on Tuesday it was only using 1.1 Bft3d.
AMIGO LNG awards EPC contract to Dubai-based Drydocks World for FLNG facility
AMIGO LNG and Singapore-based LNG Alliance announced the formal award of the engineering, procurement and construction (EPC) contract to Drydocks World for the fabrication and delivery of the world's largest floating LNG (FLNG) liquefaction facility.
China's LNG imports are set to rise for a 4th month, but it's not bullish
The world's biggest buyer of the super-chilled fuel is on track to see imports of 6.04 MM tonnes (t) in August, the strongest since the same volume was landed in January.
AMIGO LNG signs 15-yr LNG sale and purchase agreement with Macquarie Group
Under the agreement, AMIGO LNG will deliver 600,000 metric tpy of LNG to Macquarie's Commodities and Global Markets business over a 15-yr term.
Nigeria LNG inks long-term contracts to secure gas supply
The agreements - which include extension options - also involve firms such as Shell Nigeria, Oando Group, Aradel Holdings and First E&P.
DP World wins contract to build floating LNG facility off Mexico
Once operational in the second half of 2028, the four-vessel facility commissioned by AMIGO LNG will provide more than 4.2 metric MMtpy of liquefaction capacity.
Tokyo Gas in talks to buy 1 MMtpy of LNG from Venture Global
Venture Global is the second largest U.S. LNG exporter and since 2023 has been the main source of the country's growing LNG export capacity, helping the U.S. remain the world's largest exporter of the superchilled gas.
Surging U.S. LNG exports to fuel growth in shale gas production
U.S. LNG exports will soar by roughly 10% a year through 2030 as energy firms double their LNG production capacity, according to analysts, providing a shot in the arm to the country's maturing shale industry which has seen growth slow and costs rise.
U.S. natgas prices climb 3% on small storage build, higher LNG export flows
U.S. natural gas futures climbed about 3% on Thursday on a smaller-than-expected storage build, recent declines in daily output and an increase in gas flows to liquefied natural gas (LNG) export plants.
Asia's imports of U.S. LNG to surge, but likely not enough for Trump
Asia's LNG imports from the United States will surge to 3.61 MMt in October, which would be the second-highest on record behind the 3.75 MMt from February 2021.
Nikkiso selected to provide regasification systems and engineering services for LNG-to-power project in Bahamas
Nikkiso Clean Energy & Industrial Gases Group has been contracted by NPG to provide LNG regasification and cryogenic equipment for the New Providence Gas Project in Nassau, the Bahamas.
ConocoPhillips signs 20-yr offtake agreement from Sempra's Port Arthur LNG facility
Sempra announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips have signed a definitive 20-year sale and purchase agreement (SPA) for 4 MMtpy of LNG offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas.
Cameron LNG undergoing maintenance, cargoes not affected
Natural gas flows to the Cameron LNG export facility in Louisiana (U.S.) were significantly reduced for a second consecutive day on Tuesday for short-term maintenance.
Russia's Murmansk LNG faces years of delays
The reported delay presents another challenge for Russia, which seeks by 2030–2035 to achieve a 20% share of the global LNG market where it competes with Qatar, Australia and the United States.
U.S. gas-heavy power pipeline set to stoke LNG exporter tensions
U.S. power firms are building out the most gas-fired power generation capacity globally, which will cement the country's position as by far the world's largest natural gas consumer and gas-fired power producer.
Freeport LNG in Texas (U.S.) recovers from second brief reduction this week
Freeport is one of the world's most closely-watched LNG export plants because starts and stops of its operations often cause price swings in global gas markets.
Amigo LNG signs 20-yr SPA with Gunvor
Amigo LNG announced the signing of a definitive long-term sale and purchase agreement with Gunvor Singapore Pte Ltd of 850,000 tpy of LNG for 20 yrs.
Amarinth wins Innovate UK grant to develop next-generation multistage cryogenic pump
Amarinth has been awarded a £500,000 grant by Innovate UK to develop an advanced multistage centrifugal pump for cryogenic LNG applications.
Equinor restarts Hammerfest LNG output after outage
Europe's largest export terminal for LNG shut down on Saturday due an overheating electrical transformer.
LNG cargoes from sanctioned Arctic LNG 2 project travel east
Four liquefied natural gas (LNG) tankers carrying cargoes from Russia's Arctic LNG 2 plant, sanctioned over Moscow's war in Ukraine, are headed east toward Asia.
Gas demand declines at two of the top U.S. LNG plants
Cheniere's Sabine Pass export facility in Texas, which utilizes up to 4.5 Bft3d of natural gas, was down to 3.7 Bft3d, and Sempra's Cameron LNG plant in Louisiana, which processes 2 Bft3d, was down to 1.3 Bft3d.
EIA: U.S. natural gas storage levels remain above average through injection season
In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecasts U.S. working natural gas inventories will reach 3,872 Bft3 by the end of October, or 2% more than the previous five-year average for that time of year.
A refresher on Russia's commodities clout ahead of the Trump-Putin talks
Prior to its invasion of Ukraine in 2022, Russia was a leading exporter of crude oil, natural gas, coal, aluminum, nickel, steel, wheat and fertilizers - among other commodities - and the top supplier of energy products to Europe.
Key U.S. natural gas trends to track as LNG exports hit new highs
U.S. exports of LNG have scaled new highs so far this year, rising by > 20% from the same months in 2024 to cement the country’s position as the world's largest supplier of the super-chilled fuel.
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- KBR awarded FEED for Coastal Bend LNG project
