Asia-Pacific
Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
Golar LNG Limited announced that it has signed an engineering, procurement and construction agreement with CIMC Raffles for a $2.2-B, 3.5-MMtpy MK II floating LNG production (FLNG) vessel. FLNG technology will be provided by Black & Veatch.
ArcelorMittal's India JV seeks duty-free LNG imports
ArcelorMittal's India joint venture (JV) has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonization goals.
Fifth LNG vessel loads cargo at Russia's Arctic LNG 2
The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions.
Thailand's PTT signs 5-yr LNG deal with Oman LNG
Thailand's largest energy firm, state-controlled PTT, has signed a 5-yr deal to buy liquefied natural gas (LNG) from Oman.
Japan considers company support measures for long-term LNG contracts
The Japanese government is considering support measures to make it easier for companies to enter into long-term purchase contracts for liquefied natural gas (LNG) to ensure a stable supply of the super-chilled fuel.
ADNOC signs heads of agreement with Indian Oil for Ruwais LNG project
ADNOC has signed a long-term heads of agreement (LNG agreement) with Indian Oil Corp. Ltd. (IndianOil), India’s largest integrated and diversified energy company, for the delivery of 1 metric MMtpy of liquefied natural gas (LNG).
China’s Hudong-Zhonghua Shipyard to build six new QC-Max LNG vessels for QatarEnergy
QatarEnergy has signed an agreement today with China State Shipbuilding Corp. (CSSC) for the construction of six additional state-of-the-art QC-Max vessels, bringing the total number of LNG vessels on order under its fleet expansion program to 128, including 24 QC-Max mega vessels.
QatarEnergy inaugurates its first conventional-size LNG vessel
QatarEnergy has inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The Rex Tillerson was named after the former Chairman and CEO of ExxonMobil as a tribute to his life-long accomplishments in the energy sector.
Gunvor growing Asia operations, expanding into LPG, naphtha, gasoline, aromatics, power
Global energy trader Gunvor Group is growing its Asia operations to expand in existing markets such as liquefied petroleum gas (LPG), naphtha, gasoline and aromatics as well as into new areas including power.
India plans to use LNG for third of truck fleet, in blow to diesel
India plans to have a third of its heavy duty long-haul trucking fleet fueled by liquefied natural gas (LNG) instead of diesel in 5 yr–7 yr to cut pollution.
DNV awards HPWS AiPs for three innovative designs
DNV has awarded Huangpu Wenchong Shipbuilding Company (HPWS) three approval in principle (AiP) certificates for its innovative designs of three new ship types.
DNV awards Hudong Zhonghua AiP/GASA certificates for four innovative designs
DNV has awarded Hudong Zhonghua Shipbuilding Co. Ltd. with three Approval in Principle (AiP) certificates and a General Approval for Ship Application (GASA) certificate for the design of innovative vessels.
Santos signs 500,000-tpy LNG supply contract with Glencore
Santos will supply 19 LNG cargoes, or up to approximately 500,000 tpy of LNG over a period of 3 yr plus one quarter to Glencore Singapore Pte Ltd.
LNG tankers line up at Malaysia's Bintulu complex after maintenance
A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.
Putin arrives in Mongolia, key link in planned gas pipeline to China
The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.
Turkey's Botas buying 4 Bm3y of LNG from Shell in 10-year deal
Turkish state energy company Botas and British oil major Shell have signed a 10-year LNG agreement for a total of 40 LNG cargoes of approximately 4 Bm3 to be delivered annually for a period covering 10 years starting from 2027.
Russia's Jan–August LNG exports up 7%, jump by 32% in August
Russia's January–August exports of liquefied natural gas (LNG) increased by 7.3% from a year earlier to 20.7 metric MMt and jumped by almost a third in August compared to the previous month, mainly due to LNG from Yamal.
Russia's Gazprom says H1 net income more than tripled to $10.9 B
Kremlin-owned gas giant Gazprom said on Thursday its first-half net income more than tripled from a year earlier to more than 1 T roubles ($10.9 B), thanks to rising gas exports and cost controls.
Asia spot LNG prices rise on supply concerns, geopolitical tensions
Asian spot liquefied natural gas (LNG) prices rose this week as outages in LNG facilities in Australia and Malaysia sparked supply concerns, although buying interests from China remained limited due to higher price levels.
Russia presses ahead with Arctic LNG 2
Russia's largest liquefied natural gas (LNG) producer Novatek appears to be preparing a floating storage unit (FSU) to receive gas as part of its Arctic LNG 2 project, in defiance of sanctions.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Kremlin says Europe will pay more unless Ukraine extends gas transit deal
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31.
Carbon Clean, PETRONAS CCS Solutions ink MoU to collaborate and evaluate Carbon Clean’s CCS technology
Carbon Clean, Petronas, carbon capture, CycloneCC
Nigeria's NNPC sending LNG cargoes to Japan and China
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June.
UPDATE: Ichthys LNG's Train 2 scheduled for October restart, Inpex says
Train 2 at Ichthys LNG is scheduled to be restarted in October, operator Inpex Corp said in an emailed statement on Tuesday.
Prices rise as Australian LNG outage fuels supply concerns
Dutch and British wholesale gas prices rose on Tuesday afternoon on supply concerns raised by an extended outage at an Australian LNG plant and geopolitical risk, though strong storage inventories are limiting the upside.
New Zealand to pass laws to expediate LNG imports amid energy shortages
New Zealand said it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.
Tanker linked to Russia's Arctic LNG 2 spotted in ship-to-ship transfer
A U.S.-sanctioned gas tanker that picked up a cargo from Russia's new Arctic LNG 2 plant this month has been spotted carrying out a ship-to-ship transfer, suggesting Moscow is managing to continue some exports from the project.
Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its deal-making strategy after the collapse of a $52-B merger with Santos.
Europe gas prices vulnerable to Ukraine transit stop, says TotalEnergies CEO
The future of Russian gas transit through Ukraine remains a key uncertainty for European gas prices, even as the continent heads into the winter with full storages.
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vaisala seeks to remove greenwashing from carbon capture with new measurement solution
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
