LNG

Russia aims to boost LNG sales, trade with China via NSR, Novak says

Russia wants to increase trade with China via the Northern Sea Route and become its top supplier of LNG.

Technip Energies has complied at all times with applicable sanctions in relation to the Arctic LNG 2 Project

As of February 24, 2022, the date of the invasion of Ukraine, Technip Energies was overseeing the Arctic LNG 2 project in Gydan, northern Russia. The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.

Germany builds up LNG import terminals

State-owned Deutsche Energy Terminal will hold two auctions for short-term regasification capacities in 2024 at LNG terminals at Brunsbuettel and Wilhelmshaven 1 on October 16 and 23.

U.S. grants license amendment to Trinidad for joint gas project with Venezuela

The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development of an offshore gas project with Venezuela.

Shell calls Energy Transfer reliable, supports LNG license application

Shell PLC has submitted a letter to the U.S. Energy Department in support of Energy Transfer's request for a new license to export LNG to countries without free trade agreements with the U.S., saying the pipeline operator is a reliable gas supplier.

European LNG: The current market and its future

10/18/2023

The European LNG market is often characterized as a single homogenized LNG market. However, there are several distinct LNG markets within Europe, and LNG plays different roles and has different strategic and geopolitical importance in different parts of the continent. This article examines the current state of Europe's LNG market.

Abu Dhabi's ADNOC Gas signs 2-yr LNG supply deal with Japan's JERA

Abu Dhabi's ADNOC Gas and Japan's JERA Global Markets signed a LNG agreement valued between $500-700 MM.

Chevron and LNG workers in Australia agree on deal

Chevron Australia and employees at its two LNG plants in Australia reached an agreement on pay and conditions, ending an impasse that had led workers to threaten renewed strikes later this week.

Saudi Aramco looking at additional investments in LNG

The chief executive of Saudi Arabia's oil group Aramco, Amin Nasser, said his company is looking at more investments in LNG to boost its plans to become a leading player in the seaborne gas market.

Marathon Oil signs deal with Glencore for Alba gas in Equatorial Guinea

Marathon Oil said it has entered into a five-year LNG sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market.

Chevron LNG workers in Australia reaffirm strike plans

Workers at Chevron's two LNG plants in Australia reaffirmed their plan to resume strikes as mediated talks continue, with the U.S. energy major saying that workers were being unreasonable.

FueLNG celebrates monumental milestone: 100th ship-to-ship LNG bunkering operation

FueLNG, a joint venture between Seatrium Offshore & Marine Ltd and Shell Singapore Pte. Ltd, announces the successful completion of its 100th ship-to-ship LNG bunkering operation.

Trinidad to sign Atlantic LNG restructuring agreement next month

An agreement to restructure Trinidad and Tobago's flagship LNG project will be signed by its owners in London next month.

Venture Global receives approval for LNG plant steam generator modifications

The U.S. Federal Energy Regulatory Commission granted LNG company Venture Global LNG to proceed with the heat recovery steam generator modifications at the Calcasieu Pass LNG export plant in Louisiana.

Finland to restrict access to LNG port after gas pipeline damage

The Finnish government said on Friday it will tighten access to key parts of the country's Inkoo port, where a vessel to import LNG was installed late last year.

Asia spot LNG prices rise as geopolitical tensions fuel supply woes

Asian spot LNG prices climbed $1 this week despite muted demand, tracking European gas prices, on concerns over tensions in the Middle East and damage to the Balticconnector gas pipeline linking Estonia and Finland.

Finland's new LNG terminals can compensate for Balticconnector pipeline loss

Two new terminals for importing LNG to Finland have enough capacity to cover peak winter demand, making up for supply lost via the damaged Balticconnector pipeline.

How does Norway export its natural gas?

Norway is Europe's largest gas exporter, exporting more than 120 bcm of gas in 2022 via a network of subsea pipelines to consumers, such as Britain and Germany. In addition, it ships LNG.

Seaspan and AES sign MoU to collaborate on LNG bunkering business development

In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of Understanding with global energy company, AES.

QatarEnergy, TotalEnergies sign 27-year LNG supply agreement

Qatar secured its largest and longest European gas supply deal from Doha's massive production expansion project, providing France with up to 3.5 million metric tons of LNG a year for 27 years.

Tellurian seeks three-year extension to finish Louisiana LNG plant (U.S.)

U.S. LNG developer Tellurian Inc has asked regulators for a three-year construction permit extension to complete its $25-B LNG export facility, according a government filing.

Eni and partners to decide on Mozambique LNG investment by mid 2024

Italy's Eni SpA hopes to reach a final investment decision on its second floating LNG project in Mozambique by the end of June next year.

TotalEnergies Marine Fuels completes first LNG bunkering for Angelicoussis Group's dual-fueled vessels

TotalEnergies Marine Fuels has recently completed its first LNG bunkering operations for two new, dual-fueled vessels owned by the Angelicoussis Group following bilateral short-term supply deals struck on the spot market, signaling the growing maturity of the lower-carbon marine fuel.

Venture Global seeks to commence some service at Louisiana Calcasieu LNG plant (U.S.)

U.S. LNG company Venture Global LNG asked federal energy regulators for permission to commence service of liquefaction blocks 7-9 at its Calcasieu Pass LNG export plant in Louisiana.

Putin says Germany is shooting itself in foot by not buying Russian gas via Nord Stream 2

Russian President Vladimir Putin said that Germany's refusal to certify the Nord Stream 2 pipeline and buy Russian gas from it did not make economic sense for Berlin which was instead paying much more for U.S. LNG.

Spot LNG prices languish ahead of seasonal demand uptick

The price of spot liquefied natural gas remains in a pre-winter lull, but there are some signs that demand for the super-chilled fuel is starting its usual seasonal increase.

Chevron Australia, LNG unions to meet for mediated talks

Chevron and unions representing workers at its two Australian LNG facilities will meet for talks after the oil and gas major asked the industrial arbitrator to help close a deal as workers threaten to restart strikes.

Australia LNG unions threaten fresh strikes next week, Chevron says deal possible

Chevron has asked Australia's industrial tribunal to help resolve a "small number" of issues blocking a deal with unions at its two LNG facilities in Western Australia as workers announced plans to resume strikes next week.

Tellurian seeks more time to finish Louisiana (U.S.) Driftwood LNG export plant

U.S. energy company Tellurian Inc has asked federal energy regulators for more time to build its Driftwood LNG export plant in Louisiana.

Chevron Australia LNG workers back strike threat in second meeting, no talks

Workers at Chevron's two LNG facilities in Western Australia voted to restart strikes, endorsing a similar move by colleagues at a meeting less than 24-hours earlier.