LNG
Venture Global LNG blasts complaints over lack of LNG cargoes
Venture Global LNG on Monday lashed out at some customers signed up to take LNG cargoes from a Louisiana export facility, claiming they "have chosen to misrepresent confidential long-term contracts."
Egypt's natural gas production declines and power cuts bite
Egypt's natural gas production fell to a three-year low in the first five months of 2023, figures from the Joint Organisations Data Initiative show, raising questions about the country's efforts to position itself as a regional energy hub.
German environmental group sues private LNG terminal in Lubmin
A German environmental group said it had filed a lawsuit against a privately operated LNG terminal on the Baltic coast, saying it causes noise pollution and is too small to be exempted from environmental permits.
Asian LNG spot prices ease slightly as demand remains tepid
Asian spot LNG prices fell slightly this week, as demand in the region remained weak.
ConocoPhillips signs 20-year LNG supply deals with Mexico Pacific
ConocoPhillips has signed 20-year deals to receive a collective 2.2 million tons of LNG a year from Mexico Pacific's Saguaro export facility, the U.S. oil and gas producer said.
Japan's nuclear restarts this year to accelerate LNG import decline
Kansai Electric Power's plans to relaunch the last idle reactor at its flagship nuclear plant, capping a year-long series of restarts, will mark an energy shift in Japan with the sharpest drop in LNG imports since the Fukushima disaster.
India's GAIL close to finalizing Qatar LNG purchase deal
GAIL Ltd is close to finalizing a long-term liquefied natural gas import deal with Qatar to buy at least 1 million metric tons per year, potentially for more than 20 years, three industry and trade sources said.
Cheniere tops earnings estimates despite weaker LNG prices
Top U.S. liquefied natural gas exporter Cheniere Energy Inc reported second-quarter earnings that topped Wall Street forecasts, and raised its full-year profit outlook.
Qatar natural gas production and exports stable as country eyes expansion
In 2021, Qatar was the world’s sixth-largest dry natural gas producer, the second-largest liquefied natural gas (LNG) exporter, and the third-largest holder of natural gas reserves, according to the data in our recently updated Country Analysis Brief: Qatar.
Germany’s LNG import terminal build up
The EU Commission has approved a $43.9-MM support measure for the land-based liquefied natural gas terminal at Germany's Brunsbuettel on the North Sea, citing its contribution to the security and diversification of supply.
Equitrans U.S. Mountain Valley natural gas pipe on track for end 2023 completion
U.S. energy company Equitrans Midstream said it still expects to complete the Mountain Valley natural gas pipeline by the end of the year despite being tangled in numerous court fights since construction began in 2018.
REV LNG and HOPA continue LNG bunkering in Hamilton with first european vessel
REV LNG, LLC, a New York-based Liquefied Natural Gas services provider and the Hamilton-Oshawa Port Authority recently provided LNG to the Fure Viten, a Furetank vessel under charter by Petro-Nav Desgagnés.
Venture Global LNG's Calcasieu Pass 2 project gets final U.S. environmental nod
Venture Global LNG's proposed Calcasieu Pass 2 project in Louisiana received the U.S. Federal Energy Regulatory Commission's environmental approval, clearing the way for a final vote by the commission on expanding the company's natural gas liquefaction facility.
Asia's LNG demand ticks higher, but Europe's slips, leaving prices muted
Asia's demand for liquefied natural gas ticked up to the most in six months in July but the small increase was partially offset by declining demand in Europe.
bp and OMV sign a 10-year LNG supply agreement
bp and OMV announced the signing of a long-term sale and purchase agreement covering supply of up to 1 million tons of liquefied natural gas per year for 10 years from 2026.
Shell expects Venture Global LNG supply deal to be honored
Top LNG trader Shell expects its agreement with Venture Global LNG to supply liquefied natural gas to be honored, but does not see this happening at the moment, CEO Wael Sawan said.
Shell expects Venture Global LNG sale agreement to be honored
Top LNG trader Shell expects its sale agreement with Venture Global LNG to be honored and does not see this happening at the moment.
Italy's Saipem sees progress towards resuming Mozambique LNG project
Italian energy services group Saipem said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.
Gas producer Wintershall Dea CEO says exiting Russia gets harder by the day
Wintershall Dea's exit from Russia, announced in January, is proving increasingly difficult in an unpredictable business and political environment, Mario Mehren, chief executive of the oil and gas producer said.
EQT in deal with Energy Transfer for Lake Charles LNG export plant
EQT, the biggest U.S. natural gas producer, entered into an liquefied natural gas agreement with U.S. energy firm Energy Transfer's proposed Lake Charles liquefied natural gas export plant in Louisiana.
China policy reform to end losses for city-gas firms on household sales
Policy reform in China will boost profit for city-gas distributors by letting them raise prices for residential sales above costs, after years of selling piped gas to households at a loss, according to utility officials and analysts.
Europe gas supply looking good this winter, Equinor CEO says
Europe's outlook for gas supply is looking good for the coming winter given high gas reserves and plentiful access to supplies, Equinor CEO Anders Opedal told Reuters, but could tighten next summer due to lower reserves.
Naturgy's profit rises on LNG gains, soothing shareholders
Spanish power utility Naturgy reported an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas business, which could help it to win over restive investors.
Eni takes over Chevron's stake in Indonesia deepwater gas project
Eni signed a deal to take over U.S. oil giant Chevron's stake in the Indonesia Deepwater Development gas project, bolstering the Italian company's position in the southeast Asian oil and gas producer.
Indonesia's big gas projects to proceed after global majors sell stakes
Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.
Russia's Putin approves departure of Arctic LNG 2's first line to production site
Russian President Vladimir Putin approved Arctic LNG 2's first line departure via the Northern Sea Route from the Murmansk region to its future production site on the Gydan peninsula, the Kremlin said.
Cheniere Energy's Sabine Pass LNG plant returns to normal
Cheniere Energy Inc's Sabine Pass LNG export facility returned to normal processing levels following an outage at one of its units.
Argentina turns away Gunvor-chartered LNG tanker, citing sanctions
A tanker containing liquefied natural gas that originated from a Russia supplier and was loaded onto a Gunvor Group-chartered vessel off the coast of France was turned away this week by Argentine energy firm Enarsa.
German town opposed to LNG terminals asks for operator's finances to be checked
The German resort town of Binz has asked anti-money laundering authorities to investigate the capital of Deutsche ReGas, operator of a planned liquefied natural gas terminal which the town opposes on environmental grounds.
Egypt aims to resume gas exports by October
Egypt is targeting a resumption of liquefied natural gas exports by October at the start of autumn.
- 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)
