LNG
Asia LNG loses some strike froth, but fundamentals are supportive
Spot prices of LNG retreated in Asia as the threat of imminent strike action at three Australian plants eased, but solid fundamentals are keeping prices elevated for future deliveries.
Asian spot LNG prices fall as Woodside averts strike
Asian spot LNG prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.
Woodside, unions reach deal at Australian LNG facility, workers meet to ratify
Woodside Energy reached an in-principle agreement with unions at Australia's LNG project, potentially averting a disruption to supplies from one of the world's biggest exporters of the super-chilled fuel.
Gazprom's first LNG cargo via Arctic destined for China's Jingtang
An LNG cargo from Russia's Gazprom being sent via the Northern Sea Route for the first time is destined for the Chinese port of Jingtang.
Japan utilities LNG stockpiles slump as hot summer lifts air-conditioner demand
LNG stockpiles held by Japanese electric utilities hit more than one-year lows, as the hot summer drives usage of air-conditioners and typhoons delay cargoes, data released by Japan's industry ministry showed.
Australia strikes may impact short-term LNG prices
Global gas prices could rise in the short term if strikes at Australia's LNG plants take place, but markets are well balanced now with inventory levels keeping high in North Asia and Europe.
Cheniere Corpus Christi, Texas, LNG export plant gas flows reduced
The amount of natural gas flowing to U.S. energy company Cheniere Energy's Corpus Christi LNG export plant in Texas was on track to decline, a day after Tropical Storm Harold hit South Texas.
Energy Transfer seeks new LNG export license after extension denied
Pipeline operator Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy.
China LNG buyers expand trading after adding more US, Qatari contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
Asian buyers may seek U.S. LNG if Australia worker disputes worsen
Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.
Cheniere Energy strikes LNG supply deal with BASF
Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.
Workers begin strike vote at Chevron's LNG facilities in Australia
Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second largest LNG plant at Gorgon and at its Wheatstone operations after voting opened for a union ballot.
Hungary will receive LNG from Qatar starting in 2027
Hungary can begin to receive shipments of LNG gas from Qatar in 2027, said Hungarian Foreign Minister Peter Szijjarto.
Russia's Arctic-2 LNG set to start production during 2023
Russia's Arctic-2 LNG project, in which China's CNOOC Ltd holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said.
Poland's Orlen, Gaz-System sign gas deal for planned terminal
Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 LNG cargoes per year at a planned floating gas terminal.
Asian spot LNG prices rise to 5-month high on Australian strikes risk
Asian spot LNG prices rose this week to the highest level in five months, as the risk of possible industrial action at some Australian LNG facilities raised concerns over supply.
German government to examine finances of private LNG operator
The German government will examine the finances of Deutsche ReGas, the operator of a planned LNG terminal on the Baltic coast opposed by local authorities.
Abu Dhabi's ADNOC Gas signs 5-yr LNG supply deal with Japex
Abu Dhabi's ADNOC Gas said it has signed a five-year deal to supply LNG to Japan Petroleum Exploration Co.
Worker disputes at Australian LNG producers roil global gas market
Woodside Energy Group and U.S. major Chevron are locked in a dispute overpay and job security with about 700 workers at four facilities in Australia that produce more than a tenth of the world's LNG.
Woodside, unions remain at odds over wages at Australia's largest LNG facility
Woodside Energy said "positive progress" was being made on wage disputes at Australia's largest LNG facility even as a union alliance said key differences remained ahead of further talks.
U.S. natural gas futures rise as heat wave lingers
U.S. natural gas futures rose as hotter-than-normal weather kept cooling demand high, with consumption set to rise further into next week.
LNG's calm veneer stripped by Australia strike threat
The comfort that had characterized natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian LNG plants.
Australia regulator clears way for strike vote at Chevron LNG plants
Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon LNG facilities if workers vote in favor of such a step, fueling concerns the country's exports could be cut.
Asian LNG spot prices inch up as market eyes Australian strikes
Asian spot LNG prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.
Pavilion Energy, CNOOC complete first bunker delivery to LNG-powered VLCC
Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first LNG ship-to-ship bunker operation for a very large crude carrier at China's Guangzhou port.
German gas storage operators seek supply boost until 2026/27
Germany must boost gas supply security in the coming four winters after it was cut off from Russian pipeline exports last year, gas storage operators group INES said.
Chevron, Woodside in talks to avert Australian LNG strikes
Chevron and Woodside Energy Group are holding talks with unions to avert threatened strikes over pay and conditions at facilities that together supply about 10% of the LNG market.
Nigeria LNG's force majeure declared in October to continue
Nigeria LNG said the force majeure it declared in October due to widespread flooding that disrupted supply is continuing.
Norway approves connection of Western Europe's largest LNG plant to grid
Norway has approved a plan to connect Equinor's Hammerfest LNG plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition.
New Fortress to start operations of second, third Fast LNG units in 2025
New Fortress Energy Inc said the second and third production units of its Fast LNG were under construction and it expects operations to begin in the first quarter of 2025.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
- Toyo awarded EPC contract for Dahej LNG terminal (India)
