LNG

U.S. natgas prices jump 6% to 4-month high as rising LNG feedgas boosts demand

U.S. natural gas futures jumped about 6% to a four-month high on Wednesday on lifted forecasts for weekly demand and as more gas was flowing to liquefied natural gas (LNG) export plants with flows to Freeport LNG’s plant in Texas up to an 11-month high.

Australian natural gas industry seeks policy repairs to boost investment

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.

JERA warns of switching investment from Australia unless it gets govt support

Japan's top power generator JERA warned on Thursday it could consider fuel purchases and investments in Asia, the Middle East and the U.S. if Australia does not provide sufficient financial support.

Youth climate-change lawsuit targets Alaska LNG project

Eight young Alaska residents sued the state on Wednesday seeking to block a major natural gas project, the latest in a string of climate-change related lawsuits by youths arguing that government policies promoting fossil fuels violate their rights.

Developer seeks permit to send U.S. gas to Mexico for LNG exports

A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it to countries with U.S. free-trade agreements.

Shell sees emerging Asian markets taking more of world's growing LNG supply

Shell expects its Australian supplies of LNG to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade.

ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.

Gato Negro Permitium Uno seeks U.S. DOE approval to ship gas to Mexico

Gato Negro Permitium Uno is seeking U.S. permission to export gas to Mexico, turn it into LNG and send it to countries with U.S. free-trade agreements.

Firm building QatarEnergy-Exxon LNG plant in Texas (U.S.) files for bankruptcy

The lead contractor building a Texas LNG plant for QatarEnergy and ExxonMobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project.

Lead contractor building Golden Pass LNG plant in Texas files for bankruptcy

On Tuesday, the lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and ExxonMobil filed for Chapter 11 bankruptcy protection, citing challenges at the project.

China LNG imports could hit record levels in 2024, says PetroChina

According to PetroChina, domestic LNG imports could reach between 78 MMtpy-80 MMtpy this year, with the industrial and commercial sectors driving demand.

Deltamarin and ECOLOG collaborate on LCO2 carrier design

Deltamarin and ECOLOG have collaborated on LCO2 carrier design for the purpose of tendering at shipyards worldwide. The new design is intra-EU, short range, low pressure, and shallow draft.

Australia gas producers endorse govt strategy, warn of shortages this decade

Australia's energy producers endorsed a government strategy to boost natural gas development, but warned the country still faces new gas supply shortfalls this decade while markets remain volatile due to global conflicts.

Gulfstream LNG export terminal (U.S.) receives FERC approval

Gulfstream LNG, under development in Plaquemines Parish, Louisiana, announced that it has received the U.S. Federal Energy Regulatory Commission approval to commence the pre-filing permitting process, kicking off the regulatory review for its proposed 4-MMtpy modular export facility.

ADNOC purchases stake/offtake from NextDecade LNG (U.S.)

ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade's Rio Grande LNG, along with a 20-yr LNG offtake agreement from Train 4.

Chart Industries to supply key liquefaction equipment for Cedar LNG project

Chart Industries has been chosen to supply critical liquefaction equipment, including the natural gas liquefaction cold boxes and brazed aluminum heat exchangers, to the Cedar liquefied natural gas (LNG) project.

CoolCo, GAIL enter into long-term charter for newbuild LNG carrier

Cool Company Ltd. (CoolCo) has entered into a 14-yr time charter party with GAIL (India) Ltd. for one of the CoolCo’s two newbuild LNG carriers currently under construction. CoolCo will deliver the newbuild to GAIL in the Gulf of Mexico, with the 14-yr time charter commencing in early 2025.

Natural gas flows to Freeport LNG in Texas (U.S.) at 5-month high

Natural gas flowing to Freeport LNG's export plant in Texas was on track to hit a five-month high, with a liquefaction train expected to return from a brief upset.

Asian spot LNG edges up as hot weather spurs demand

Asian spot liquefied natural gas (LNG) prices rose this week to their highest levels since January, as hot weather across the region spurred more demand for the super-chilled fuel, and as it tracked gains in European gas prices on the back of maintenance outages and lower wind output.

UAE's ADNOC planning US trading expansion

Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.

Japan's JERA to invest $32 B in LNG, renewables, new fuels over next decade

Japan's top power utility JERA said on Thursday it plans to invest 5 T yen ($32.4 B) over the coming decade into renewable energy and new fuels such as hydrogen and ammonia, as well as liquefied natural gas (LNG).

Italy's Snam eyes green opportunities

Italian gas grid distributor Snam is looking at green fuel opportunities. The €15-B group—which has Europe's largest gas transmission network and manages both storage assets and liquefied natural gas (LNG) terminals in Italy—is leading a European project to build a pipeline for green hydrogen (H2).

China LNG import capacity to grow to 250 MMtpy by 2028

PetroChina expects China's LNG import capacity to grow to 250 MMtpy by 2027-28 from about 140 MMtpy now, an official said.

U.S. Republican lawmakers urge FERC to approve LNG applications

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.

Freeport LNG says all three trains in Texas facility are operational

Freeport LNG said that all three liquefaction trains in its Texas facility are in service after ending planned maintenance for the year.

Qatar to sign more long-term LNG contracts this year

Qatar has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, according to QatarEnergy CEO and State Minister for Energy Saad al-Kaabi.

Indonesia's state utility PLN sees gas demand doubling by 2040

Indonesia's state power utility expects its natural gas demand to nearly double by 2040 as it aims to build 20 gigawatt (GW) of gas-fired power plants in the quest to reach net-zero emissions by 2060.

Turkey signs LNG supply deal with ExxonMobil

Turkey's state pipeline company, BOTAS, and ExxonMobil signed an LNG supply agreement, as Turkey aims to diversify its energy sources.

EUROPE GAS: Prices mixed as warm weather supports softer demand

Dutch and British wholesale gas prices were mixed on Tuesday morning as warm weather continued to stay above seasonal averages, supporting softer demand.

Sempra revisits choice of Bechtel on Cameron LNG expansion to cut costs

Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs.