LNG
TotalEnergies CEO says gas market volatility to remain until new supply arrives
The Chief Executive of French energy giant TotalEnergies said that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
Egypt expected to resume LNG exports in December or January
Egypt is expected to resume exports of LNG in December or January as domestic demand declines during winter and as it receives more gas from Israel.
Freeport LNG plant in Texas (U.S.) on track to resume service after shutdown
U.S. LNG company Freeport LNG's export plant in Texas was on track to return to service after all of its liquefaction trains shut.
bp, Edison, Shell ask U.S., EU to intervene in Venture Global LNG dispute
bp, Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with LNG exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
Uptick in LNG demand in Asia, Europe insufficient to drive prices
Rising demand for LNG in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.
LNG export capacity from North America is likely to more than double through 2027
EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.
Asia spot LNG prices fall amid full inventories, warmer weather
Asian spot LNG prices fell this week as full inventories and warm weather helped mitigate concerns over new U.S. sanctions on Russia's Arctic LNG 2.
Top LNG importer China re-selling more cargoes, eyes trading gains
China, the world's top importer of LNG, is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.
U.S. working with allies over sanctions on Russian Arctic LNG project
The U.S. is working closely with partner countries over sanctions on a Russian LNG project in the Arctic as a January deadline looms on a wind-down of transactions with the plant.
Russia says it won't ditch plans to boost LNG output due to U.S. sanctions
Russia will not abandon its plans to increase LNG production to 100 MMty because of U.S. sanctions.
Electrical incident curtails LNG output at Chevron's Gorgon facility
An "electrical incident" last month has curtailed the output of LNG at Chevron's Gorgon facility in Western Australia.
Environmental group urges U.S. not to extend license for Tellurian Inc LNG plant
The Sierra Club environmental group urged the U.S. energy regulator to reject a request by LNG developer Tellurian Inc for a three-year extension to complete construction of its $25-B LNG export facility.
Mideast conflict dims prospect of more Egyptian LNG exports to Europe
The prospect of the EU receiving more LNG from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports form Israel.
TC Energy beats third-quarter profit estimates on high LNG demand
Pipeline operator TC Energy on Wednesday beat third-quarter profit estimates, as it gained from higher demand for LNG.
New Fortress sees first LNG from Mexico Altamira export plant by end Q4
U.S. energy company New Fortress Energy said on Wednesday it expects to produce first LNG at its Altamira export plant in Mexico by the end of the fourth quarter.
Japan says to ensure U.S. sanctions on Russia LNG project won't harm supplies
Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake.
Regulators say loss of Everett LNG terminal threatens New England energy reliability
A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather.
Sinopec signs new 27-year LNG supply deal with QatarEnergy
State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy.
Russia's LNG production seen at around 30 MMt in 2023
Russia's LNG production is seen at around 30 MMt in 2023.
New Fortress to charter FSRU for LNG import terminal in Brazil
LNG developer New Fortress Energy said it has signed a deal to charter a FSRU from Brazil's Petrobras starting in December.
Finland receives LNG cargo, books more for the winter
A tanker carrying LNG docked at Finland's Inkoo terminal and has begun unloading, the second cargo to arrive since the damage last month to a Finnish-Estonian pipeline.
Asia spot LNG prices fall amid full inventories, mild weather
Asian spot LNG prices fell this week but remained at a near nine-month high as geopolitical risks raised market concerns despite full inventories and a mild start to winter.
The Russian Arctic LNG project targeted by U.S. sanctions
The U.S. has imposed sweeping new sanctions on Moscow over the conflict in Ukraine, including on the planned Arctic LNG-2 plant as it targets Russia's energy sector.
Second gas cargo heads to Finland's LNG terminal after pipeline rupture
A tanker carrying Norwegian LNG is set to arrive at Finland's Inkoo terminal overnight making it the second cargo since the Oct. 8 outage of a Finnish-Estonian gas pipeline.
Tellurian says on track to produce LNG in 2027, still looking for customers
U.S. energy company Tellurian Inc said it remains on target to produce the first LNG at its Driftwood export plant in Louisiana in 2027.
New Fortress Energy says considering an onshore LNG facility in Mexico
New Fortress Energy disclosed it is weighing a LNG export facility in Mexico that would be an onshore complement to its offshore project.
U.S. October LNG exports climb to second highest level on record
U.S. LNG producers ramped up exports in October, to 7.92 Mmt, according to data provider LSEG, the second-highest monthly level on record.
New Fortress Energy may need to reapply for Mexico LNG permit
The U.S. Department of Energy has warned New Fortress Energy if any portion of its Altamira floating LNG project is located onshore Mexico, the company will have to resubmit its application for an export permit.
Gazprom delivers second LNG shipment to China, taking Suez Canal
Russia's Gazprom delivered a second shipment of LNG to China, sending it via the Suez Canal rather than the northern sea route taken by the previous cargo.
Chevron in talks on 15-year LNG supply contracts into Europe
Chevron is negotiating contracts to supply LNG into Europe for up to 15 years as buyers expect the region to rely on imports for longer than previously thought.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
