natural gas
Thailand soars from 11th to 8th in global LNG import rankings with 25% surge
Thailand has jumped from eleventh to eighth in the world ranking for imports of LNG, after purchases through October soared 25% from the same period in 2022.
Vaar Energi says Goliat field may supply gas to Hammerfest LNG
Vaar Energi said it will decide next year whether to send natural gas from Norway's Goliat petroleum field in the Arctic Barents Sea to the nearby Hammerfest LNG plant for export to world markets.
Svanehøj develops a complete high-pressure marine pump unit for LNG fuel
As demand for LNG-fueled vessels remains high, the marine pump specialist Svanehøj can now offer a high-pressure pump solution for two-stroke engines – a compact unit with three combined cold ends designed for optimal flow and longer service intervals.
South Korea's Hyundai, Saudi Aramco clinch $2.4 B gas plant deal
South Korea's Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4-B contract with oil giant Saudi Aramco to build a gas processing plant.
IEA says "unprecedented" supply surge could lead to LNG glut from 2025
An expected strong rise in LNG production capacity will ease prices and gas supply concerns, but also risks creating a supply glut.
Spain's industrial gas demand recovered in Q3
Demand for gas from Spain's industry increased by more than 25% in the third quarter from a year earlier, boosted by companies in the refining, chemical and pharmaceutical sectors.
Construction of Mongolian part of Russian gas link to China may start in early 2024
Construction of the Mongolian portion of Russia's planned new Power of Siberia-2 gas pipeline to China may start in the first quarter or first half of 2024.
EU on track to quit Russian natural gas
The European Union is on track towards its goal of ending Europe's reliance on Russian natural gas within this decade.
Italy's LNG deal with Qatar shows how hard it is to quit gas
Italy's ENI SpA signed a deal this week to purchase up to 1 million tons of LNG annually from QatarEnergy for the next 27 years, locking in gas flows to Southern Europe's largest economy until at least 2050.
Singapore LNG to develop country's second LNG terminal
Singapore LNG Corp will develop and operate the country's second LNG terminal, with gas supply capacity of up to 5 mtpa.
Freeport LNG Texas (U.S.) plant reports brief production halt
Freeport LNG reported a temporary production halt on October 21st, when the U.S. LNG producer's three liquefaction trains were brought offline after a trip at its upstream PTF facility in Texas.
Norwegian September gas output lags forecasts, hits 4-year low on outages
Norway's natural gas output fell in September to its lowest level since 1999, lagging an official forecast as maintenance cut production, while crude oil also fell behind expectations.
Oman LNG extends supply deals with shareholders up to 2034
Oman LNG signed agreements to extend supplies to shareholders including Shell and TotalEnergies for up to 10 years beyond 2024.
Russia's Gazprom to supply extra gas to Hungary and China this year
Russia's Gazprom will supply extra gas to Hungary through the coming winter and will also provide China with an additional 600 Mm3 this year on top of contractual obligations.
Gasgrid publishes revised winter booking plan for floating LNG terminal
Finland's Gasgrid, which operates the floating LNG import terminal at Inkoo, published a revised booking schedule for 6 slots between December and March, to help maintain stable supplies after the loss of a pipeline.
Asia spot LNG prices rise on stronger northeast Asian demand
Asian spot LNG prices rose more than $3 this week to a near nine-month high, supported by increased demand from northeast Asian buyers and amid tensions in the Middle East.
Amid gas scramble, Africa leads a boom in nimble export facilities
Africa is at the forefront of a global wave of new floating gas facilities as countries on the continent seek to meet surging demand in Europe as quickly and cheaply as possible.
Elenger to deliver LNG cargo to Finland's Inkoo in late November
Elenger, part of Estonia's Eesti Gaas, said it will deliver a cargo of LNG from the U.S. to Finland's Inkoo terminal in the second half of November.
LNG tanker diverts from Egypt terminal as gas flows from Israel ebb
A tanker seeking to fill up LNG at a terminal in Egypt left empty and diverted to another port, after an Israeli pipeline supplying gas was halted due to Israel-Hamas conflict.
Finland's Gasgrid to offer spot for new November LNG cargo
Finland's Gasgrid, which operates the Inkoo floating LNG import terminal at Inkoo, will offer an additional late spot in November in a cargo booking window planned for Oct. 20.
Russia aims to boost LNG sales, trade with China via NSR, Novak says
Russia wants to increase trade with China via the Northern Sea Route and become its top supplier of LNG.
Technip Energies has complied at all times with applicable sanctions in relation to the Arctic LNG 2 Project
As of February 24, 2022, the date of the invasion of Ukraine, Technip Energies was overseeing the Arctic LNG 2 project in Gydan, northern Russia. The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.
Germany builds up LNG import terminals
State-owned Deutsche Energy Terminal will hold two auctions for short-term regasification capacities in 2024 at LNG terminals at Brunsbuettel and Wilhelmshaven 1 on October 16 and 23.
U.S. grants license amendment to Trinidad for joint gas project with Venezuela
The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development of an offshore gas project with Venezuela.
Russian gas supplies to China may soon match exports to West Europe
Russian pipeline gas supplies to China may soon match volumes sent to Western Europe.
European LNG: The current market and its future
The European LNG market is often characterized as a single homogenized LNG market. However, there are several distinct LNG markets within Europe, and LNG plays different roles and has different strategic and geopolitical importance in different parts of the continent. This article examines the current state of Europe's LNG market.
Abu Dhabi's ADNOC Gas signs 2-yr LNG supply deal with Japan's JERA
Abu Dhabi's ADNOC Gas and Japan's JERA Global Markets signed a LNG agreement valued between $500-700 MM.
Chevron and LNG workers in Australia agree on deal
Chevron Australia and employees at its two LNG plants in Australia reached an agreement on pay and conditions, ending an impasse that had led workers to threaten renewed strikes later this week.
Some of lost European gas demand may be gone for good
The chief executive of Vitol, the world's top independent energy trader, said that some of the lost demand for gas in Europe following a recent spike in prices may be gone for good.
Saudi Aramco looking at additional investments in LNG
The chief executive of Saudi Arabia's oil group Aramco, Amin Nasser, said his company is looking at more investments in LNG to boost its plans to become a leading player in the seaborne gas market.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
