LNG
GAIL plans $4.9-B ethane cracker in West India
GAIL Ltd, the country's top gas supplier, plans to build a $4.89-B ethane cracker near its LNG import plant in Western India as it seeks to meet an expected surge in demand.
Spain's Endesa faces $411-MM claim in LNG contract dispute
Spanish power utility Endesa faces a claim of $411 MM as part of an arbitration process launched by a liquefied natural gas producer in March.
Osaka Gas sees profit jump in FY23/24 after Freeport LNG restarts
Japan's Osaka Gas Co predicted that its net profit will double to ¥116 B in the current fiscal year to March 2024 after the restart of exports from the U.S. liquefied natural gas company Freeport LNG.
PetroVietnam Gas gets country's first LNG import-export approval
PetroVietnam Gas said it had received a certificate from local authorities to become the country's first company eligible to import and export LNG.
Equinor's Hammerfest LNG plant offline after outage
Equinor's Hammerfest LNG plant in Arctic Norway suffered a compressor failure and is expected to remain offline until May 19.
Asian spot LNG prices hit 23-month low amid weak restocking demand
Asian spot LNG prices hit a 23-month low on mild weather and weak restocking demand in China, Japan and Korea, while Europe enjoys 60% full inventories ahead of summer.
U.S. natural gas futures ease to 3-week low on record output and lower LNG exports
U.S. natural gas futures eased about 1% to a fresh three-week low on output and after the amount of gas flowing to U.S. LNG export plants declined due to spring maintenance.
New Fortress Energy could install Fast LNG units onshore at Altamira, Mexico
U.S. energy company New Fortress Energy Inc said it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.
India's top gas importer sees 'huge jump' in demand as prices ease
India's top gas importer Petronet LNG expects a 'huge jump' in local gas demand for at least six months due to a softening of global prices of liquefied natural gas.
Timor Gap CEO expects Great Sunrise gas project decision by November
The head of East Timor's national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.
Mexico Pacific to pump $14 B into pipeline and plant
Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 B.
Cheniere raises 2023 core earnings forecast after strong quarter
Top U.S. LNG exporter Cheniere Energy Inc raised its 2023 core earnings forecast after reporting a quarterly profit compared with a year-ago loss, sending its shares up about 1.8% in premarket trading.
UAE's ADNOC swaps Fujairah for Ruwais as location for LNG export project
he UAE's state energy firm ADNOC said its planned LNG project would move forward in the Al Ruwais Industrial City in Abu Dhabi and not in the emirate of Fujairah.
U.S. LNG exports go full steam ahead, sales to Latin America rise
U.S. producers of LNG exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America.
Sakhalin Energy to start maintenance at LNG plant
Russia's Sakhalin Energy will start maintenance at its LNG plant in July, without providing the timeframe for the maintenance.
RWE has no interest in operating LNG infrastructure long-term
Germany's RWE said it had no interest in operating infrastructure for importing LNG in the long run, responding to a report saying it wanted to pull out of a controversial LNG project in the Baltic Sea.
Norway plans to nationalize gas pipelines when concessions expire
Norway plans to nationalize most of its gas pipeline network when many existing concessions expire in 2028 to tighten control over key infrastructure.
Vietnam seeks first LNG cargo to commission import terminal
PetroVietnam Gas has issued a tender seeking to buy Vietnam's first cargo of LNG marking a milestone on the Southeast Asian nation's route to becoming a key importer.
TotalEnergies says Mozambique LNG restart complicated by cost disagreements
The restart of TotalEnergies' $20-B Mozambique LNG project is being complicated by disagreements with contractors over extra costs.
U.S. natural gas production and LNG exports will likely grow through 2050 in AEO2023
U.S. EIA projects U.S. natural gas production to increase 15% and LNG exports to increase 152% between 2022 and 2050.
Eni launches LNG production in Congo Republic
Italian energy group Eni and Congo Republic's government on Tuesday launched a $5-B gas liquefaction project expected to reach a production capacity of 3 million tpy in 2025.
Mozambique president says TotalEnergies can safely resume $20-B gas project
Mozambique President Filipe Nyusi said it was safe for TotalEnergies to restart the Cabo Delgado LNG project that was halted in 2021 after insurgent attacks on civilians.
Japan's Tokyo Gas reports record 2022/23 profit on LNG price boost
Tokyo Gas reported its highest ever yearly net profit for the 2022/23 fiscal year amid record LNG prices but warned that next year's profit may drop because of projected lower city gas and electricity sales.
TotalEnergies Marine Fuels and MSC Group complete first LNG bunkering operation in Marseille
TotalEnergies Marine Fuels and the Cruise Division of MSC Group have successfully completed the first LNG bunkering operation at the Port of Marseille Fos, Southern France, for MSC Cruises’ MSC World Europa.
Glenfarne set to decide to build Texas LNG export plant in 2023
U.S. energy company Glenfarne Group LLC said it expects to make a final investment decision in 2023 to build its proposed Texas LNG export plant in Brownsville with first liquefied natural gas production expected in 2027.
Tellurian receives US approval for Driftwood gas pipelines
Liquefied natural gas developer Tellurian Inc said the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4-B Driftwood natural gas transmission pipeline project.
US Energy Dept clamps down on LNG export project extensions
The U.S. Department of Energy announced it will change how it approves requests by companies to push back start dates for liquefied natural gas export projects to get a better picture of true demand for the fuel.
Delfin to sell LNG to Hartree from proposed Louisiana export plant
U.S. liquefied natural gas company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with a unit of energy and commodities firm Hartree Partners LP.
Woodside's stalled Browse LNG project still 'very attractive'
Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse LNG project after the company reported a decline in first-quarter sales revenue relative to the December quarter.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
