economics
German regulator: gas supply much better than in 2022
Germany's gas supply is much better than it was a year ago, the country's energy regulator said on Thursday, still refraining from giving the all-clear as there is limited visibility on how harsh winter temperatures are going to be.
U.S. October LNG exports climb to second highest level on record
U.S. LNG producers ramped up exports in October, to 7.92 Mmt, according to data provider LSEG, the second-highest monthly level on record.
New Fortress Energy may need to reapply for Mexico LNG permit
The U.S. Department of Energy has warned New Fortress Energy if any portion of its Altamira floating LNG project is located onshore Mexico, the company will have to resubmit its application for an export permit.
Gazprom delivers second LNG shipment to China, taking Suez Canal
Russia's Gazprom delivered a second shipment of LNG to China, sending it via the Suez Canal rather than the northern sea route taken by the previous cargo.
Chevron in talks on 15-year LNG supply contracts into Europe
Chevron is negotiating contracts to supply LNG into Europe for up to 15 years as buyers expect the region to rely on imports for longer than previously thought.
Enterprise Products doubles down on gas liquids with pipelines, processing plants
Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline in Texas to NGLs.
Australia LNG workers vote in support for Chevron deal
An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two LNG facilities in Australia.
Indonesia sees nearly 70 uncommitted LNG cargoes in 2026, seeks buyers
Indonesia sees nearly 70 uncommitted cargoes of LNG in 2026, energy ministry official Tutuka Ariadji said, as a number of gas projects are expected to come online in the coming years.
Russian piped gas exports to Europe down 2.4%, may fall by half in 2023
Natural gas pipeline exports to Europe by Russia's Gazprom were down 2.4% in October compared to September.
India's Petronet hopes diplomatic row with Qatar will not hurt gas talks
The CEO of India's Petronet LNG said he hoped negotiations between India and Qatar to extend their long-term liquefied natural gas import deals beyond 2028 would not be harmed by a diplomatic row between the countries.
Egypt's natural gas imports drop to zero from 800 Mf3d
Egypt's natural gas imports fell to zero from 800 Mf3d, leading to more power cuts.
Germany's Scholz says his country willing to invest in Nigerian gas, minerals
German Chancellor Olaf Scholz said his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to sub-Saharan Africa.
Australia's Origin in talks to import LNG from Venice Energy's terminal
Australian energy infrastructure developer Venice Energy said that power producer Origin Energy is in talks to import LNG from its Outer Harbor LNG terminal and be the sole user for at least a decade.
TotalEnergies says Qatar LNG flows could be diverted from Europe
TotalEnergies said that LNG deliveries covered by a 27-year deal it signed with Qatar this month could be diverted to non-European countries if needed.
Seaside LNG takes delivery of new barge Clean Everglades
Executives from Seaside LNG, Polaris New Energy and their guests gathered at Fincantieri Bay Shipbuilding to christen the recently constructed LNG bunker barge Clean Everglades.
Freeport LNG gets approval to restart more of export plant in Texas (U.S.)
U.S. LNG company Freeport LNG received approval from federal energy regulators to take more steps to return its export plant in Texas to full operation.
Eni could more than double gas production in Indonesia
Italy's Eni could more than double its gas production in Indonesia thanks to the development of a recent discovery and potential synergies with assets it already owns.
Asia spot LNG prices steady on heating demand support
Asian spot LNG prices were little changed this week, as steady European heating demand supported prices despite forecasts of mild weather in the coming months.
Ghana hit by power outages due to limited gas supply
Several areas of Ghana were hit by power outages due to a drop in electricity generation after the West African country's power transmission company warned of limited gas supply for power generation.
TotalEnergies commissions its LNG Floating Terminal in the Port of Le Havre
TotalEnergies announces the commissioning of the Cape Ann, its FSRU for LNG located in the port of Le Havre. The terminal injected its first MWh of gas into the grid operated by GRTgaz, using LNG from Norway.
TotalEnergies targets FID on Matola LNG by Sept 2024
French energy company TotalEnergies expects to take a final investment decision on a planned new LNG import terminal at Mozambique's Matola port by September next year.
thyssenkrupp Uhde awarded contract by ENOWA to supply a green methanol and methanol-to-gasoline plant
thyssenkrupp Uhde has been awarded a contract by ENOWA, NEOM’s energy and water company, for engineering services and the supply, design and procurement of equipment for a new CO2-to-methanol and methanol-to-gasoline demonstration plant at ENOWA’s Hydrogen Innovation and Development Center in Saudi Arabia.
Finland LNG terminal to open booking for winter slots
Finland's Gasgrid, which operates the floating LNG import terminal at Inkoo, will be opening booking for its revised winter slots for three days to help maintain stable supplies after the loss of a pipeline.
Gascade gains mining approval for pipeline link to boost LNG flow from Ruegen to Lubmin
Gas grid company Gascade has obtained approval from mining authorities to complete a link for a pipeline linking Mukran port on the German Baltic Sea island of Ruegen with Lubmin on the mainland so that more LNG can flow.
Thailand soars from 11th to 8th in global LNG import rankings with 25% surge
Thailand has jumped from eleventh to eighth in the world ranking for imports of LNG, after purchases through October soared 25% from the same period in 2022.
Vaar Energi says Goliat field may supply gas to Hammerfest LNG
Vaar Energi said it will decide next year whether to send natural gas from Norway's Goliat petroleum field in the Arctic Barents Sea to the nearby Hammerfest LNG plant for export to world markets.
IEA says "unprecedented" supply surge could lead to LNG glut from 2025
An expected strong rise in LNG production capacity will ease prices and gas supply concerns, but also risks creating a supply glut.
Spain's industrial gas demand recovered in Q3
Demand for gas from Spain's industry increased by more than 25% in the third quarter from a year earlier, boosted by companies in the refining, chemical and pharmaceutical sectors.
Construction of Mongolian part of Russian gas link to China may start in early 2024
Construction of the Mongolian portion of Russia's planned new Power of Siberia-2 gas pipeline to China may start in the first quarter or first half of 2024.
EU on track to quit Russian natural gas
The European Union is on track towards its goal of ending Europe's reliance on Russian natural gas within this decade.