Europe
Shell expects 50% rise in global LNG demand by 2040
Global demand for LNG is estimated to rise by more than 50% by 2040, as China and countries in South and Southeast Asia use more LNG to support their economic growth.
Chesapeake Energy Corporation, Delfin LNG and Gunvor sign long-term LNG liquefaction offtake agreement indexed to Japan Korea Marker
Chesapeake Energy Corporation, Delfin LNG LLC and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd, today announced the entrance into a LNG export deal that includes executed Sales and Purchase Agreements for long-term liquefaction offtake.
Austria seeking to end Russian gas import contract, energy minister says
Faced with stubbornly high Russian gas imports as the war in Ukraine rages on, Austria is seeking to take more radical steps, including ending energy company OMV's long-term contract to buy gas from Gazprom.
National Grid, Constellation Energy agree on LNG supply deal for Massachusetts (U.S.) facility
Britain's National Grid said it reached an agreement with gas-supplier Constellation Energy that would allow it to keep operating its Everett gas-import terminal for six years.
Russia extends permit for LNG supplies to Germany's SEFE until 2040
The Russian government has extended a permit for its Yamal LNG plant to supply LNG to German nationalized gas importer and trader SEFE until Dec. 31, 2040.
Spain's gas imports down 5% in January from same month last year
Spain's natural gas imports fell more than 5% in January compared to the same month a year earlier, data from Spanish grid operator Enagas showed.
Algeria's Sonatrach to supply Germany with pipeline gas for first time
Germany will receive its first supplies of pipeline natural gas from Algeria under a medium-term contract signed between a subsidiary of trader VNG AG and state-owned oil and gas firm Sonatrach.
India's GAIL buying spot LNG to hedge against Red Sea delays
India's state-run GAIL Ltd is selling more U.S. LNG in European markets and making spot purchases to avert delays due to the Red Sea crisis.
Russia's Arctic LNG 2 last line is on hold, TotalEnergies CEO says
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies said.
Czechs boost imports of Russian gas at end of 2023
Traders in the Czech Republic returned to importing an increasing amount of Russian natural gas in the final months of 2023 after an earlier near-complete halt, foreign trade data from the Czech Statistical Bureau shows.
Russia's INK may boost LPG exports by 20%-30% in 2024, focus on China
Russia's Irkutsk Oil Company will likely increase its exports of LPG by 20%-30% this year, focusing on sales to China, according to traders and industry sources, as the company recovers production.
Mitsubishi sees Russia's Sakhalin LNG as key energy source for Japan
Mitsubishi Corp CEO Katsuya Nakanishi said Russia's Sakhalin 2 LNG project remains a key source for Japan's energy supply, as Japanese companies maintain their Russian exposure.
Germany outlines $17-B plan to subsidize gas-to-hydrogen shift
Germany's government has agreed plans to subsidize gas power plants that can switch to hydrogen with a price tag of $17 B in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.
NextChem and Engie collaborate on advanced biomethane technology
Maire announced that NextChem, through its subsidiary NextChem Tech, and ENGIE agreed to cooperate on the development and commercialization of an advanced biomethane technology to produce synthetic methane from dry biomass waste.
Moldova's separatist Transdniestria region says it needs more gas
Moldova's pro-Russian separatist region of Transdniestria has said it needs more Russian natural gas to operate its industry as supply and cost emerge as election issues in the former Soviet republic.
Russia raises LNG exports by 11% y/y in January
Russia increased exports of LNG in January by 11% from the same month a year ago to 3 MMt, of which 1.77 MMt were shipped to Europe.
European and Asian companies affected by U.S. pause on LNG export permits
U.S. President Joe Biden's administration announced a pause on pending and future permits to export LNG to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.
U.S. LNG export pause leaves EU, industry at odds over energy security
Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. administration to pause approvals on new LNG plants, EU energy officials and analysts said, dismissing industry's warnings.
Mitsui records $93 MM more in provisions for sanctioned Arctic LNG 2 project
Japan's Mitsui & Co said it had recorded $93 MM as additional provisions on its investment in Russia's Arctic LNG 2 project sanctioned by the United States, but lifted its full-year profit forecast.
Poland's Gaz-System chooses Mitsui O.S.K. Lines for FSRU
Polish pipeline operator Gaz-System has chosen Japan's Mitsui O.S.K. Lines to supply a floating storage and regasification unit.
Norway to add more Arctic acreage for oil and gas drilling
Norway plans to add another 37 blocks to its annual so-called pre-defined areas oil and gas licensing round in the Norwegian Sea and the Barents Sea.
Jenbacher engines to power Poland’s largest gas-fueled power plant, replacing coal power
INNIO Group announced that five Jenbacher J920 FleXtra engines will power a 50 MWe combined heat and power project in Bydgoszcz, Poland, for PGE Energia Ciepła S.A.
Russia ready to discuss gas supplies with EU as Ukraine transit deal expires
Russia is ready to hold talks with the European Union on natural gas supplies as a transit deal with Ukraine expires at the end of 2024, Russian Deputy Prime Minister Alexander Novak was quoted as saying.
Russia’s planned gas pipeline to China faces construction delay
Mongolian Prime Minister L. Oyun-Erdene said construction of Russia's planned new Power of Siberia-2 gas pipeline to China, which was expected to start this year, may be delayed.
Baker Hughes achieves new hydrogen milestones to accelerate transition to hydrogen economy
Baker Hughes, an energy technology company, announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy.
Sanctions squeezing Sibur's supply of tankers for Ust-Luga LPG
Russia's largest petrochemical company and exporter of LPG Sibur is reducing LPG exports from the Baltic Sea port of Ust-Luga due to shortages of gas tankers amid sanctions.
Russia's Novatek to load first cargo from Arctic LNG 2 in February
Novatek, Russia's largest producer of LNG, may start loading first cargo from the Arctic LNG 2 plant in February.
Germany's SEFE seeks to expand natural gas business beyond Europe
Fresh from clinching a $54.43-B pipeline gas deal in Norway last month, Germany's SEFE is looking for more suppliers to offer LNG for its customers.
Ukraine may stop importing gas, start exporting electricity
Ukraine is close to being self-sufficient in gas for 2024 and may resume electricity exports in the spring.
Qatar delays LNG shipments to Europe amid Red Sea conflict
Qatar, one of the world's biggest LNG exporters, is delaying some shipments to Europe as conflict in the Red Sea forces longer travel times.
- 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
