Africa
South Africa proposes buying U.S. LNG as it seeks trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal.
Shell expects more LNG exporters to turn into net importers, drive demand
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.
Egypt in talks to buy 40-60 LNG cargoes this year amid energy crunch
Egypt is in talks with international energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) to secure emergency fuel imports amid a worsening energy crunch ahead of peak summer demand
Egypt's fertilizer producers cut output as gas supplies slashed
Two of Egypt's largest fertilizer producers said on Wednesday they had received official notification of a two-week reduction in natural gas supply to their plants, triggering an immediate drop in production.
Despite challenges, major LNG producers push new projects to feed global power demand
Producers are pushing ahead with liquefied natural gas (LNG) projects, banking on urbanization and the technology sector to drive global power demand and outweigh such challenges as potential oversupply, rising project costs and tariff uncertainty.
TotalEnergies CEO aims to lift force majeure on Mozambique LNG project
TotalEnergies will seek Mozambique's approval to lift a force majeure declaration on its $20-billion liquefied natural gas (LNG) project there and resume construction by mid-summer, Chief Executive Patrick Pouyanne said.
Morocco, TAQA, Nareva team up to develop energy, gas, desalination projects
Moroccan electricity and water utility ONEE has signed deals for projects from desalination to renewable energy and transmission lines with a consortium comprising the Mohammed VI Investment Fund and energy groups TAQA Morocco and Nareva.
Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 yr due to manufacturing constraints, rising costs and competition from renewables.
Hoegh Evi signs 10-yr deal with EGAS to supply floating LNG terminal to Egypt amid energy crunch
Norway's Hoegh Evi has signed a 10-yr time charter agreement with Egypt's state-owned gas company EGAS to deploy a floating storage and regasification unit (FSRU) in the Port of Sumed by late 2026, as the country scrambles to secure gas supplies amid mounting domestic shortages.
Sonatrach and Saudi Aramco cut May LPG prices by 1%–11%
Saudi Aramco and Algeria's Sonatrach have cut May's official selling prices for liquefied petroleum gas (LPG) by 0.8%–10.9% from the previous month due to rising global supply.
Morocco to begin tendering process for LNG terminal
Morocco plans to issue, within a few days, an expression of interest for a liquefied natural gas (LNG) terminal near the eastern Mediterranean city of Nador.
bp completes loading of first cargo from Greater Tortue Ahmeyim LNG project
bp has safely loaded the first cargo of liquefied natural gas (LNG) for export from its GTA Phase 1 project offshore Mauritania and Senegal.
Mozambique government approves Eni's Coral Norte FLNG plan
Mozambique approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.
U.S. approves $5-B loan to TotalEnergies for Mozambique gas project
The board of the U.S. Export-Import Bank approved a nearly $5-B loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies.
Egypt to lease German gas liquefaction unit to bolster production
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said.
Nigeria LNG operating at a third of capacity because of theft
Nigeria LNG, a major gas exporter, is operating at only a third of its capacity due to illegal connections by thieves on key gas supply pipelines.
Vitol, Glencore win $380-MM award in Nigerian LNG litigation
Trading houses Vitol and Glencore will receive $380 MM in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole liquefied natural gas (LNG) producer for non-delivery of cargoes.
Egypt, Cyprus sign gas export deals, boosting Eastern Mediterranean energy cooperation
Egypt and Cyprus signed agreements on Monday enabling the export of gas from Cyprus's offshore fields to Egypt for liquefaction and re-export to Europe, as both countries seek to bolster the Eastern Mediterranean's role as an energy hub.
Kosmos Energy achieves first LNG at the Greater Tortue Ahmeyim project in Mauritania and Senegal
Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Mitsubishi Power secures major gas turbine and services order for Al Wahda Power Plant in Morocco
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries Ltd. (MHI), has won a major order in Morocco to supply two M701JAC gas turbines and auxiliary equipment for the Al Wahda open-cycle gas turbine power plant owned and operated by the National Office of Electricity and Drinking Water (ONEE).
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.
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.
Nigeria launches construction on five mini-LNG facilities, totaling 97 MMft3d in capacity
In its efforts to deepen domestic gas utilization, NNPC and its partners have launched five mini-LNG plants in Ajaokuta, Kogi State, Nigeria, totaling 97 MMft3d in processing capacity.
Mozambique president, TotalEnergies CEO discuss development projects
Mozambique's President Daniel Chapo met with Patrick Pouyanne, the CEO of TotalEnergies, on Monday to discuss several of the company's projects in the southern African country, including a long-delayed $20-B liquefied natural gas (LNG) development.
Morocco plans 990-MW gas-fired power plant in north
Morocco's water and electricity utility (ONEE) plans to build a 990-megawatt (MW) gas-fired power plant at a cost of 4.15 B ($420 MM).
TotalEnergies' Mozambique LNG project faces delay beyond 2029
TotalEnergies' $20-B Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said, citing the need to end force majeure and ensure security at the project site.
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
FLNG Gimi receives first gas from the Greater Tortue Ahmeyim field
Golar LNG Limited announced that FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
Portugal to import more US, Nigerian LNG, aims to end Russian supply
Portugal plans to increase purchases of liquefied natural gas (LNG) from the U.S. and Nigeria as it aims to end already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said on Tuesday.
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- Update: How Germany is building up LNG import terminals
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- Croatia's LNG terminal to auction 0.75 Bm3 of regasification capacity in May
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
