LNG
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.
Fluor reaches significant milestone on LNG Canada Project
With the arrival of the last module by ship from its fabrication yard in Zhuhai, China, Fluor Corporation announced today that it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada.
Bangladesh in talks with Malaysian firm for LNG supply
Bangladesh is in talks with a Malaysian firm to secure more supplies of liquefied natural gas, industry sources said, as the South Asian country looks to meet demand for power.
UAE'S ADNOC Gas agrees to $7-$9 B 14-year LNG agreement with Indian Oil Corp
Abu Dhabi's ADNOC Gas announced a 14-year $7-$9-B deal with Indian Oil Corp to supply 1.2 million metric tons of liquefied natural gas per year, ADNOC said in a statement.
Cheniere Energy eyes new gas pipeline to feed LNG expansion
Cheniere Energy Inc, the largest U.S. liquefied natural gas exporter, says it may build a new pipeline to link its Louisiana expansion project to other pipelines in major shale-gas producing regions as it seeks to diversify its risk.
Tuscan LNG terminal to be moved offshore by 2026
A liquefied natural gas vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
