Regions
Update: Saudi Aramco to export first condensate from Jafurah gas plant in February
The $100-B Jafurah project, estimated to contain 229 Tsft3 of raw gas and 75 Bbbl of condensate, is central to Aramco's ambitions to become a major global natural gas player and boost its gas production capacity.
Azerbaijan’s SOCAR and Hungary's MVM sign new gas supply deal
Azerbaijan's gas has been increasingly in focus since gas exports from Russia to Europe collapsed in the wake of Moscow's invasion of Ukraine in February 2022 and subsequent Western sanctions.
Nigerian oil firms strike flare-gas deals to curb emissions, boost energy
Nigeria holds Africa's largest proven gas reserves and is betting on gas to drive industrial growth and cut emissions.
Update: Venture Global hits back at Shell's fraud claims in LNG arbitration battle
The legal documents submitted in New York Supreme Court mark the latest development in a prolonged saga over Venture Global's claimed failure to deliver LNG under long-term contracts while selling on the spot market as prices soared after Russia's invasion of Ukraine.
Morocco to launch nation's first deepwater LNG import terminal in 2026
Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the success of Africa's largest port, Tanger Med. Nador West Med, under construction on the Mediterranea..
LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas
In a major step towards producing liquefied natural gas at ExxonMobil and QatarEnergy's 2.4-bcfd Golden Pass LNG export plant in Texas, the Imsaikah LNG vessel has arrived at its port to cool down the plant. The ship is carrying LNG from Qatar that is expected to be used to cool equipment as part..
Australia nears gas market review that could squeeze LNG exporters
Australia is set to issue a gas market review that could curb exports of LNG from its east coast, where three operators led by firms such as Shell and Santos send cargoes to Asia and beyond. The review, which industry watchers expect Canberra to release as soon as this week, could include a policy ..
Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Tuesday in a sign that one of its three liquefaction trains has returned to service after shutting down on Monday. The plant is one of the most closely watched U.S. LNG export facilit..
EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility
EnerMech has secured a contract from Bechtel Corporation to deliver chemical cleaning services for the Woodside Energy operated Pluto Train 2 LNG development in Karratha, Western Australia. The award strengthens the firm’s position as a trusted provider of pre-commissioning solutions and builds on i..
Capsol Technologies signs MoU with U.S. utility to deploy CapsolGT for low-carbon gas power generation
Capsol Technologies has signed a Memorandum of Understanding with a leading utility granting exclusivity to develop the first commercial-scale low-carbon gas power plant using the company’s CapsolGT carbon capture technology in the U.S.
JGC celebrates handed over second production train to LNG Canada
JGC Holdings Corporation has announced that JGC Corporation, together with its joint venture partner Fluor Corporation, has successfully completed and handed over Train 2, including all construction area of the LNG Canada project.
UAE aims to boost LNG exports as global demand outpaces supply
Energy Minister Suhail al-Mazrouei said on Monday he agreed with Qatar's energy minister that global demand for natural gas is outstripping investment in production projects.
Japan's JERA signs first long-term LNG export deal with India's Torrent Power
Torrent Power will use the LNG, to be supplied on a delivered basis, for its 2,730-megawatt (MW) capacity of power plants in India. It will also use the LNG cargoes for sale to households, small industries and the transport sector.
Gazprom delivers first post-sanctions LNG cargo from Portovaya to China
Exports were suspended in February this year following the introduction of the U.S. sanctions over Ukraine to directly disrupt Russia's ability to produce and export LNG and reduce Russia's revenue from LNG exports.
Tokyo Gas and Teralta partner to advance e-methane project development in Canada
Teralta is advancing multiple e-NG project opportunities across North America, including an e-NG project in Brandon, Manitoba, Canada which utilizes by-product green hydrogen derived from hydroelectric power and CO₂ from existing industrial sources. The e-NG from this project is estimated to be ready for export to Japan by around FY2030.
Vitol set to supply new Colombia LNG project
The country currently has one LNG import terminal in operation, with a slate of new projects proposed by state oil company Ecopetrol SA and others.
Hungarian energy group MVM prepares to phase out Russian gas, if needed
The European Union agreed on Wednesday to phase out Russian gas imports by late 2027 as part of an effort to end the bloc's decades-long energy dependency on Moscow, with short-term pipeline gas contracts affected from as soon as June 2026. Landlocked Hungary opposes the move, and said it would challenge the legislation at the EU's Court of Justice.
U.S. natural gas prices surge 4% to 35-month high in cold snap
U.S. natural gas futures climbed about 4% to a fresh 35-month high as homes and businesses continued to crank up their heaters to escape a week of extreme cold, while flows to liquefied natural gas (LNG) export plants remained near record highs.
Update: Glenfarne finalizes 20-yr LNG supply deal with South Korea's POSCO
Global demand for the superchilled fuel has surged since Russia's invasion of Ukraine upended gas markets in 2022, driving buyers in Europe and Asia to lock in long-term supply deals with U.S. exporters.
Chevron JV approves $2-B Gorgon LNG Stage 3 project offshore Western Australia
The Australian unit of U.S. oil giant Chevron said that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast. The development will be used as backfill for the existing LNG export concern and will li..
Opinion: U.S. LNG exports will shrink if margin squeeze intensifies
The U.S. became the world's biggest LNG exporter in 2023, surpassing Australia and Qatar. Exports from its eight main LNG terminals hit a record 12 Bm3 in November, a 20% rise from a year earlier.
YPF CEO sees green light for Argentina LNG project with Eni, XRG in mid-2026
Exports from the 12-MMtpy project phase involving Eni and XRG will likely start in 2030 or 2031, or four years from the potential FID in mid-2026.
Glenfarne’s Texas LNG project signs binding offtake agreement with Macquarie
The agreement converts a previous non-binding heads of agreement between the two companies into a binding definitive agreement.
Aramco's Jafurah gas plant (Phase 1) begins output
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said. Jafurah is potentially the biggest shale gas project outside the U.S. and is expected to reach sustainable production of..
The European countries most impacted by Russian gas phase-out
To help outline potential grounds for dispute among impacted countries, below is a breakdown of Europe's most gas-dependent nations and key regional gas import trends.
Turkey extends Russian gas imports for a year as it plans U.S. investment
Turkey is Russia's last major natural gas market in Europe after years of war-related Western sanctions on Moscow. It imports a total of 22 Bm3 of gas under the Gazprom contracts that expire at the end of the year, amounting to less than 40% of Turkey's overall gas mix, down from more than 50% in 2018.
U.S. LNG exports hit record high in November on cooler weather, strong output
LNG plants typically operate more efficiently in cooler conditions. Average temperatures along the Gulf Coast were about 8°F lower in November than in October, according to the U.S. National Weather Service.
Updates on buildup of Germany LNG import terminals
Germany has been putting import terminals for liquefied natural gas (LNG) into operation as part of its efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.
Opinion: High and rising natural gas costs may spur fresh climb in U.S. coal use
Between January and March of this year, U.S. gas prices jumped by a third due to a cold snap and strong LNG exports, which in turn sparked higher U.S. coal-fired power generation as utilities cut costs by burning cheaper coal instead of gas.
EU agrees to end Russian gas imports by late 2027; Hungary, Slovakia oppose
Representatives for EU governments and the European Parliament reached an agreement in the early hours of Wednesday on proposals set out by the European Commission in June to end shipments from the EU's former top gas supplier following Russia's invasion of Ukraine in 2022.
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Aramco's Jafurah gas plant (Phase 1) begins output
- U.S. natural gas prices surge 4% to 35-month high in cold snap
- LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas
