LNG
Hungary will receive LNG from Qatar starting in 2027
Hungary can begin to receive shipments of LNG gas from Qatar in 2027, said Hungarian Foreign Minister Peter Szijjarto.
Russia's Arctic-2 LNG set to start production during 2023
Russia's Arctic-2 LNG project, in which China's CNOOC Ltd holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said.
Poland's Orlen, Gaz-System sign gas deal for planned terminal
Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 LNG cargoes per year at a planned floating gas terminal.
Asian spot LNG prices rise to 5-month high on Australian strikes risk
Asian spot LNG prices rose this week to the highest level in five months, as the risk of possible industrial action at some Australian LNG facilities raised concerns over supply.
German government to examine finances of private LNG operator
The German government will examine the finances of Deutsche ReGas, the operator of a planned LNG terminal on the Baltic coast opposed by local authorities.
Abu Dhabi's ADNOC Gas signs 5-yr LNG supply deal with Japex
Abu Dhabi's ADNOC Gas said it has signed a five-year deal to supply LNG to Japan Petroleum Exploration Co.
Worker disputes at Australian LNG producers roil global gas market
Woodside Energy Group and U.S. major Chevron are locked in a dispute overpay and job security with about 700 workers at four facilities in Australia that produce more than a tenth of the world's LNG.
Woodside, unions remain at odds over wages at Australia's largest LNG facility
Woodside Energy said "positive progress" was being made on wage disputes at Australia's largest LNG facility even as a union alliance said key differences remained ahead of further talks.
U.S. natural gas futures rise as heat wave lingers
U.S. natural gas futures rose as hotter-than-normal weather kept cooling demand high, with consumption set to rise further into next week.
LNG's calm veneer stripped by Australia strike threat
The comfort that had characterized natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian LNG plants.
Australia regulator clears way for strike vote at Chevron LNG plants
Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon LNG facilities if workers vote in favor of such a step, fueling concerns the country's exports could be cut.
Asian LNG spot prices inch up as market eyes Australian strikes
Asian spot LNG prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.
Pavilion Energy, CNOOC complete first bunker delivery to LNG-powered VLCC
Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first LNG ship-to-ship bunker operation for a very large crude carrier at China's Guangzhou port.
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.
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.
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.
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.
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.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
