LNG
Update: U.S. natgas prices climb 4% to 13-month high on lower output, rising LNG feedgas
U.S. natural gas futures climbed about 4% to a 13-month high on Thursday on lower output in recent days and an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants to an 11-month high.
YPF, Shell sign agreement for first phase of the Argentina LNG project
YPF President and CEO Horacio Marin, and Shell's Executive Vice President of LNG, Cederic Cremers, have signed a project development agreement (PDA) for the development of Argentina’s LNG project.
Russia's Gazprom supplies first LNG to Italy
Russian energy giant Gazprom has delivered its first cargo of LNG to Italy from LNG Portovaya plant on the Baltic Sea, LSEG data showed on Wednesday.
U.S. keeps its LNG exports crown even as luster fades
U.S. liquefied natural gas (LNG) exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the lucrative LNG export sector.
Germany's Wilhelmshaven LNG terminal will not operate in Q1, DET says
Germany's Wilhelmshaven LNG terminal, built in response to Europe's energy crisis, is currently not expected to handle any deliveries during the first quarter of 2025, according to a statement by its government-owned operator.
Venture Global’s Plaquemines LNG achieves first LNG production
Venture Global has reached first liquefied natural gas (LNG) production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana (U.S.).
ADNOC signs 15-yr LNG supply deal with Germany's EnBW
Abu Dhabi National Oil Company has signed an agreement to supply German utility company EnBW with 600,000 tpy of LNG from its Ruwais project for 15 years.
Avergies, Valorizon and Waga Energy join forces to produce RNG in Southwestern France
As part of an environmental project, Valorizon and Avergies have chosen Waga Energy to recover biogas from the Albié non-hazardous landfill in Monflanquin (Southwestern France).
REV LNG provides first LNG fueling operation for McAsphalt Advantage
REV LNG LLC (REV), a leading mobile energy services and project development company, has completed the first liquefied natural gas (LNG) fueling operation for the newly delivered McAsphalt Advantage, a bitumen carrier that will serve the operations of McAsphalt Marine Transportation Ltd.
U.S. natgas prices slip 2% from 13-month high on rising output
U.S. natural gas futures fell about 2% on Friday from a 13-month high reached in the prior session on increased supplies as producers keep pulling more gas out of the ground in anticipation of rising demand from cold winter weather and higher gas flows to liquefied natural gas (LNG) export plants.
Venture Global's Plaquemines plant set to produce first LNG
Venture Global LNG is on track to inaugurate liquefied natural gas (LNG) production at its Plaquemines export plant in Louisiana (U.S.) as soon as this week.
Australia's Santos to supply Japan's Shizuoka with LNG
Santos, Australia's No.2 independent oil and gas producer by market cap, said on Thursday it signed a deal to supply Japanese gas distributor Shizuoka Gas with liquefied natural gas (LNG).
Europe energy markets are well supplied but prices too high, SEFE CEO says
European energy markets are very well supplied but market prices are significantly higher than before, leading to Europe losing a competitive edge in the global economy, the head of nationalized German energy firm SEFE said.
Qatar energy minister has no concerns over Trump vow to lift LNG exports cap
Qatar has no concerns about U.S. President-elect Donald Trump's promise to lift a cap on liquefied natural gas (LNG) exports, Qatar's Energy Minister Saad al-Kaabi said on Saturday, adding his country would cope with any competition.
Gas price shock set to add to Europe's industrial pain
Europe's struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas (LNG) intensifies, and the prospect of reduced Russian supplies looms.
Biden Administration to release LNG study by mid-December
The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas (LNG) exports by the middle of this month, a Department of Energy (DOE) official said on Wednesday.
Novatek will continue to develop LNG projects amid rising demand, RIA says
Russia's largest producer of LNG, Novatek, will continue to develop its LNG projects to meet rising global demand, the Russian state-run RIA news agency reported on Thursday, citing the company's head, Leonid Mikhelson.
Sembcorp Industries inks 10-yr LNG supply deal with Chevron's Singapore unit
Sembcorp Industries said its Sembcorp Fuels unit signed a deal with Chevron USA's Singapore unit to import up to 0.6 MMtpy LNG starting in 2028.
AGDC statement on AIDEA resolution supporting Alaska LNG
The Alaska Gasline Development Corporation (AGDC) has released the following statement regarding Wednesday’s AIDEA resolution supporting the development of Alaska LNG Phase 1, the in-state pipeline portion of Alaska LNG designed to bring North Slope natural gas to Interior and Southcentral Alaska.
API: Demand for U.S. LNG shows folly of permitting pause
Global demand for U.S. liquefied natural gas (LNG) remains strong – which again should give pause to the Biden administration’s decision to halt in permitting for new and pending LNG export projects.
CryoSys to support PIC Americas in development of Texas LNG export facility
CryoSys LLC has entered into an agreement with PIC Americas to deliver advanced pretreatment and liquefaction solutions to PIC Americas planned development of a world-class liquefied natural gas (LNG) export facility with a minimum capacity of 7.2 metric MMtpy.
Woodside, Bechtel sign agreement for Louisiana LNG
Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the development of the three train 16.5-metric MMtpy foundation development of Louisiana LNG.
Venture Global says new LNG environmental review unnecessary
Venture Global LNG has slammed a U.S. call for an additional environmental review of a proposed Louisiana LNG project as unnecessary, adding that it will be ready to begin construction once the project gets a final go-ahead.
Pakistan defers LNG contract with Qatar for a year
Pakistan has deferred an agreement to buy liquefied natural gas (LNG) from Qatar for a year, Petroleum Minister Musadik Malik said on Wednesday, and will now receive the contracted LNG cargoes in 2026 instead of 2025.
Rising LNG terminal costs to make new U.S. projects less competitive
Rising costs of building and equipping new U.S. liquefied natural gas (LNG) plants will reduce the competitiveness of U.S. gas exports.
Rotterdam-Singapore GDSC conducts end-to-end sustainability certification pilot for liquefied bio-methane bunkering
The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners have conducted a successful pilot for the bunkering of mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam (PoR).
Flex LNG announces 15-yr time charter for Flex Constellation LNG carrier
Flex LNG announced it has agreed a new Time Charter Agreement for Flex Constellation for 15-years. Commencement of the charter will occur during the first or second quarter of 2026 with maturity in 2041. The TC also include an extension option for the charterer until 2043.
Jordan signs deal to use Egyptian FSRU until 2026
Egypt and Jordan have signed an agreement to allow Jordan to use an Egyptian floating storage and regasification unit (FSRU) until 2026. The FSRU will help Jordan secure LNG supplies in case of emergencies ahead of the completion of the Aqaba LNG import terminal scheduled in the fourth quarter of 2026.
Argentina government greenlights key Vaca Muerta gas pipeline project
Argentina's government has greenlit a key $500-MM private sector gas pipeline expansion project, a key signal of state support to boost transport capacity as it ramps up domestic energy production.
QatarEnergy signs long-term LNG deal with Shell for delivery to China
State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with LNG for delivery to China. The deal is for the supply of 3 MMtpy of LNG, said QatarEnergy in a statement on Monday, adding that the agreement will start in January 2025.
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- Update: How Germany is building up LNG import terminals
- TotalEnergies and partners launch the 2nd phase of Northern Lights CCS project
- Digital Exclusive: The value of experience—Why expertise matters in compressor overhauls and revamps
- Croatia's LNG terminal to auction 0.75 Bm3 of regasification capacity in May
