LNG
Cyprus wants shipping corridor to export natgas
Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers.
Venezuela, Trinidad to meet again in June to discuss Dragon gas project
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.
PetroChina, bp awarded 20 year access to Europe's Gate LNG terminal
PetroChina International and energy giant bp have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.
Four bidders vie for stake in Exxon LNG terminal in Italy
Four international groups are competing to buy ExxonMobil Corp's majority stake in a liquefied natural gas terminal offshore Italy.
Asian spot LNG prices slide for fifth straight week on low demand
Asian spot liquefied natural gas prices have weakened for the fifth consecutive week on muted demand due to healthy stocks, remaining at their lowest level in two years.
Finland's LNG import terminal fully booked for Q2 and Q3
Finland’s floating storage and regasification unit is fully booked for liquefied natural gas imports in the second and third quarters this year.
As gas reserves wane, Philippines faces rising costs in switch to LNG
With just four years before the Philippines' only gas field is set to run dry, the country has started importing liquefied natural gas, creating a fresh headache for a government struggling to curb high inflation.
German gas group SEFE on track for 30% of LNG in 2023 supply portfolio
German gas importer and trader SEFE said liquefied natural gas was likely to make up 30% of its source of supply as the state-controlled company moves away from pipeline gas which Russia used to supply.
TotalEnergies prepares for Mozambique LNG restart
French energy company TotalEnergies will relaunch its Mozambique LNG project once it has followed the recommendations of a commissioned human rights report that was published.
PetroVietnam Gas signs deal for first LNG cargo from Shell Eastern Trading
PetroVietnam Gas said it had signed a contract to buy Vietnam’s first liquefied natural gas cargo from Singapore-based Shell Eastern Trading.
Germany cannot be relaxed about Baltic LNG capacity, senior official says
Germany cannot be relaxed about the need for LNG terminals in the Baltic Sea, a high-ranking economy ministry official said, a week after plans emerged to scale down the region's Mukran project after local resistance.
Spot LNG price drops to level that's not too hot, not too cold
The spot price of LNG in Asia is in the sweet spot of being low enough to boost buying interest, but not so low that it sparks a surge in demand.
Take the mystery out of running your LNG plant
While process simulation software can be used by plant engineers to calculate the dewpoint temperature of mixed refrigerant, this is of limited use to the plant operators at the control panel in maintaining an appropriate amount of mixed refrigerant superheat as they adjust the plant. To address these challenges, the authors’ company has developed a simplified method of calculating mixed refrigerant superheat that can be programmed in the distributed control system (DCS) and made available to panel operators.
How tech is laying the foundation for future LNG success and compliance
This article details some of the ways LNG operators are embracing and deploying technology to close the gaps that exist in their ESG compliance infrastructures and emerging operational needs.
Asian spot LNG prices slip to 2-year low on tepid demand
Asian spot LNG prices slipped to their lowest level in two years on weak demand and high inventories, while European LNG prices also fell below the $10 mark amid healthy stock build and limited need for additional supply.
Lower gas prices to push up India's FY24 gas demand by 7%
Indian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resumption of supply under a deal with the former unit of Russia's Gazprom.
Japan embraces G7's gas support but companies may face long-term problems
Japan's energy companies were quick to embrace the G7's support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open the companies up to long-term problems.
Philippines' First Gen seeks one LNG cargo for FSRU commissioning in Sept
Philippine power producer First Gen Corp will issue a tender probably in the next two weeks for one LNG cargo for delivery in September.
Vietnam bets big on LNG, South China Sea gas fields amid supply, security risks
Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported LNG and its reserves in the South China Sea, despite supply and geopolitical risks.
The EU will ban Russian LNG 'sooner than later,' Spain’s energy minister says
European Union countries will agree sooner rather than later to ban import of LNG from Russia.
Cheniere strikes LNG supply deal with Korea Southern Power
Cheniere Energy Inc said it has entered a long-term deal to supply LNG to Korea Southern Power Co Ltd.
Germany's LNG import terminals tackle challenges
A German government-backed LNG terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.
Executives say Australia gas moves may hit long-term energy investment
The Australian government's repeated intervention in domestic gas prices could have long-term repercussions on investments in its wider energy sector, industry executives warned.
Bangladesh rocked by power cuts as cyclone hits gas supply
Bangladesh faced its worst power cuts in over seven months as a deadly storm forced the closure of both its floating LNG terminals, less than a month after a scorching heatwave caused widespread outages in the south Asian country.
Woodside open to talks with Chinese firms for Scarborough gas project
Woodside Energy Group said it is open to talks with Chinese firms to invest in its $12-B Scarborough liquefied natural gas project in Australia.
Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.
Germany scales down LNG terminal plans as supply crisis eases
Germany will almost halve planned capacity for LNG terminals in the Baltic Sea as Berlin revaluates its LNG needs given local resistance and an easing of energy bottlenecks.
Shell halts production at Prelude floating LNG facility
Shell has suspended production at its Prelude floating LNG facility off Western Australia due to problems with its processes and is working through steps to restart production at the world's largest floating LNG platform.
Asian spot LNG prices fall for third straight week to near 2-yr low
Asian spot LNG prices fell for the third straight week to the lowest level in nearly two years due to weak demand from top regional importers and as inventories remained high.
U.S. permit crackdown poses new hurdles for proposed LNG projects
The U.S. Department of Energy's refusal to grant export permit extensions to LNG developers that fail to meet a construction deadline poses a new hurdle for greenfield plants.
- 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)
