Regions

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.

ADNOC Gas awards $3.6-B contract to expand UAE gas processing

State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said it awarded a $3.6-B contract to expand its gas processing infrastructure in the United Arab Emirates.

Dana Gas receives $80 MM from Iraq's Kurdistan region

United Arab Emirates energy firm Dana Gas said it had received $80 MM from the Kurdistan Regional Government in Iraq, which for over a decade has sometimes struggled to make payments on time.

Defying war risk, European traders store gas in Ukraine

European gas traders have begun storing natural gas in Ukraine to take advantage of lower prices and available capacity there, regardless of the risks from the ongoing war, three traders and company officials said.

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.

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.

Suez Canal tugboat sinks after collision with LPG tanker

A Suez Canal tugboat sank and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said.

U.S. natural gas prices up 1% on hot forecasts, strong air conditioning demand

U.S. natural gas futures edged up about 1% on Friday on forecasts for the weather to remain hotter than normal through mid-August, keeping air conditioning demand extremely high, especially in Texas.

U.S. natural gas exports to Mexico hit monthly record in June- EIA

U.S. natural gas pipeline exports to Mexico averaged around a record of 6.8 bcfd in June, driven by hot weather which increased demand in Mexico's electric power sector, according to the Energy information Administration.

Nigeria's Tinubu hails significant new gas-fired power plant

Nigeria began construction of a 1,350 megawatt gas-fired power plant near its capital Abuja, the first major project under President Bola Tinubu, who promised to improve erratic electricity supply and spur sluggish economic growth

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.

Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal

Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power.

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.

Israel's energy minister favors more natural gas exports

Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and debate on whether the gas should be kept for domestic use.

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.

TC Energy begins re-pressurizing unaffected pipeline section in Virginia

Canada's TC Energy began re-pressurizing part of its Columbia Gas Transmission Pipeline in Strasburg, Virginia that was not directly impacted by an unplanned incident last week, the company said.

U.S. power generators burn record amounts of natural gas on hottest day of summer

U.S. power generators will likely burn a record amount of natural gas for a second day in a row, the hottest day so far this summer, as homes and businesses crank up their air conditioners to escape a brutal heatwave blanketing much of the country.

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.