LNG
Russia seen struggling to reach its LNG targets
Exports of Russia's liquefied natural gas (LNG) will likely not exceed 67 MM tonnes (t) by 2030, falling far short of its 100 MMt target due to international sanctions.
Petronet LNG: LNG terminal expansion projects update, increasing trade via Singapore unit
According to Reuters, a Petronet LNG executive said that the Dahej LNG terminal expansion project is scheduled to be completed in 3 mos-4 mos. In addition, the executive provided the following update on other projects:
Adani Total Dhamra LNG terminal expansion not imminent
India's Adani Total has yet to conduct feasibility studies to double the capacity of its LNG terminal in Dhamra, a year after the JV announced it was in the early stages of planning a possible expansion.
Inpex targets FID for Indonesia's Abadi LNG project in 2027
Japan's biggest oil and gas explorer, Inpex Corp, said it aims to make a final investment decision on its Abadi LNG project in Indonesia in 2027 as part of its efforts to expand LNG supply. Under a new three-year business plan through 2027, the company plans to invest 1.8 trillion yen ($11.7 B) in growth areas, including its flagship Ichthys LNG project in Australia.
India's natural gas use target hinges on higher gas-fired power generation
India's plan to boost the share of natural gas in its energy mix hinges on lower global LNG prices that will make gas-fired electricity generation more competitive. India aims to raise the share of natural gas in its energy mix to 15% by 2030 from 6.2% currently.
Japan's JERA sees rising competition for U.S. LNG as Asia, Europe demand grow
Japan's top power generator JERA expects competition for U.S. LNG to increase as demand from Asia and Europe rises, its Asia CEO said. "There are many potential buyers. Asian and European buyers are really interested in U.S. energy. So, there are many competitors,” JERA Asia CEO Izumi Kai told Reuters on the sidelines of the India Energy Week conference.
TotalEnergies signs 10-yr LNG supply deal with India's GSPC
TotalEnergies has signed a deal to supply the Gujarat State Petroleum Corporation with 400,000 metric tpy of LNG, beginning in 2026. India will have to double annual imports by the end of the decade to meet rising demand from rapid urbanization and industrialization.
ADNOC Gas signs 14-yr, multibillion dollar LNG supply agreement with Indian Oil Corp.
The agreement, signed by ADNOC Gas and IndianOil, is valued in the range of $7 B-$9 B over its 14-year term.
Tanzania hopes to conclude talks for LNG project by June
Tanzania is discussing tax incentives with investors in a stalled project to construct a $42-B LNG plant in the country, Energy Minister Doto Biteko said on Tuesday, adding the talks could be completed by June. Equinor and Shell are joint operators of the country's mega gas project, while ExxonMobil, Pavilion Energy, Medco Energi and Tanzania's national oil company TPDC are partners.
Woodside and Trinidad have agreed on initial commercial terms for deepwater gas project
Trinidad and Tobago is pushing producers, especially those offshore, to accelerate natural gas output in order to resume full use of its gas processing capacity-LNG output and exports have been curtailed in recent years by lack of gas.
Shell sees significant LNG growth in near term under its scenarios
Global demand for LNG will see a robust rise in the next few years, while gas will likely see a more gradual dynamic and oil may peak at the beginning of the next decade, scenarios published by Shell showed.
India gas demand to surge by 2030, doubling LNG imports, says IEA
India's natural gas consumption is set to jump 60% between 2023 and 2030, doubling the country's need for liquefied natural gas (LNG) imports, as domestic output is expected to grow much more slowly than demand.
Bangladesh seeking long-term LNG deals, to build new import terminals
Bangladesh is looking for long-term liquefied natural gas (LNG) deals with exporting nations such as Brunei, an adviser to the South Asian nation's energy ministry said at the India Energy Week conference on Tuesday.
Trinidad sees revenue increase from LNG sales after contract revamp
Trinidad and Tobago, the largest producer of liquefied natural gas (LNG) in Latin America and the Caribbean, is seeing an increase in government revenue from LNG exports by selling cargoes at between 15% and 55% above Henry Hub prices.
Oman, Australia LNG vessels head west as Europe draws supply
At least three vessels carrying liquefied natural gas (LNG) from Oman and Australia are heading west for delivery, with one sailing through the Red Sea, shiptracking data showed on Monday, as higher prices in Europe continue to draw more supplies.
ADNOC agrees to 5-yr LNG supply deal with India's BPCL
Abu Dhabi National Oil Co. (ADNOC) will supply 2.5 MMt of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new 5-yr deal.
India's GAIL revives plan to buy US LNG as Trump ends ban on export permits
GAIL India Ltd will seek to buy a stake in a U.S. LNG plant or secure long-term U.S. LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.
Germany's Brunsbuettel, Wilhelmshaven LNG terminals get strong demand for regasification slots
Germany's Deutsche Energy Terminal said it has successfully sold all LNG regasification slots offered at the liquefied gas terminals of Brunsbuettel and Wilhelmshaven for this year.
Fincantieri delivers first of two advanced dual-fuel InTUItion-class cruise ships
Fincantieri has announced the successful delivery of the Mein Schiff Relax, the first of two advanced dual-fuel InTUItion-class cruise ships built for TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, in Molfalcone, Italy.
Seaspan Energy completes first ship-to-ship LNG bunkering in Canada
Seaspan Energy (Seaspan) has successfully completed the first ship-to-ship LNG bunkering in Canada, which took place in the Port of Vancouver in the Upper Harbour.
Harvest Alaska plans to redevelop Kenai LNG terminal in Alaska (U.S.)
Harvest Alaska announced an agreement with Marathon Petroleum Corporation and Chugach Electric Association to bolster Southcentral Alaska's energy supplies through Harvest's acquisition and redevelopment of the existing Kenai LNG Terminal.
Pakistan's LNG deal with Qatar open to renegotiation next year
Pakistan's liquefied natural gas (LNG) pact with Qatar allows for either party to initiate renegotiation talks next year but no decision has been taken on whether to do this, Pakistan's petroleum minister said on Friday.
TotalEnergies CEO doubles down on US LNG, downplays Trump tariff fears
TotalEnergies will expand its investment in U.S. LNG over the next decade as the French company seeks to cement its position as a major exporter of U.S. LNG.
TotalEnergies CEO says U.S. financing for Mozambique LNG project expected in coming weeks
TotalEnergies CEO Patrick Pouyanne said that financing from the U.S. for its $20-B Mozambique LNG project is expected to be approved in coming weeks, with other credit agencies to follow in the months after.
Egypt signs $3 B in LNG deals with Shell and TotalEnergies
Egypt has signed deals worth about $3 B with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025.
East Timor favors Australia over Chinese firms on major gas project
East Timor would prefer to work with Australia and partners Woodside Energy and Japan's Osaka Gas over Chinese firms that have expressed interest in developing the stalled Greater Sunrise natural gas field
LNG shipping rates plunge on increasing vessel availability
Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the global fleet outpace shipping demand and shorter average journey times have increased vessel availability.
TotalEnergies CEO urges Europe to negotiate LNG free-trade deal with U.S.
TotalEnergies CEO Patrick Pouyanne said on Wednesday that Europe should negotiate to obtain a free-trade guarantee on U.S. liquefied natural gas (LNG), against the backdrop of an unpredictable global trade environment.
Ukraine says it has potential to buy, store LNG from U.S.
Ukraine and other European nations have the potential to buy and store liquefied natural gas (LNG) from the United States in Ukraine and this could strengthen Europe's energy security as gas transits from Russia end.
China tariff retaliation targets its modest U.S. energy imports
China is the world's top energy importer but its purchases from the U.S. are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal.
- 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
