LNG
Flex LNG announces 15-yr time charter for Flex Constellation LNG carrier
Flex LNG announced it has agreed a new Time Charter Agreement for Flex Constellation for 15-years. Commencement of the charter will occur during the first or second quarter of 2026 with maturity in 2041. The TC also include an extension option for the charterer until 2043.
Jordan signs deal to use Egyptian FSRU until 2026
Egypt and Jordan have signed an agreement to allow Jordan to use an Egyptian floating storage and regasification unit (FSRU) until 2026. The FSRU will help Jordan secure LNG supplies in case of emergencies ahead of the completion of the Aqaba LNG import terminal scheduled in the fourth quarter of 2026.
Argentina government greenlights key Vaca Muerta gas pipeline project
Argentina's government has greenlit a key $500-MM private sector gas pipeline expansion project, a key signal of state support to boost transport capacity as it ramps up domestic energy production.
QatarEnergy signs long-term LNG deal with Shell for delivery to China
State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with LNG for delivery to China. The deal is for the supply of 3 MMtpy of LNG, said QatarEnergy in a statement on Monday, adding that the agreement will start in January 2025.
Marine fuel supplier Peninsula targets global LNG bunkering
Peninsula is working on building a global liquefied natural gas (LNG) bunkering business to help shippers reduce emissions while renewable fuels are still being developed.
U.S. LNG/natural gas demand nears record level
Gas demand from the largest U.S. liquefied natural gas (LNG) producers soared on Friday to near-record levels on cooler weather and fewer outages.
Woodside to bring in several partners to Louisiana LNG project by March
Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, said its CEO. Australia-listed Woodside is seeking to sell a 50% stake in the Louisiana LNG project.
Guyana gas-to-energy project wins initial $500-MM bank loan guarantee approval
Guyana has received preliminary approval from the U.S. Export-Import Bank for a more than $500 MM loan guarantee to support a natural-gas fired power project and gas processing facility.
Cheniere Energy allowed to bring natgas into its Corpus Christi expansion
U.S. Federal regulators on Wednesday gave Cheniere Energy permission to introduce natural gas into its Corpus Christi, Texas expansion project.
Goldman warns of likely Asia LNG price rise on European supply crunch
Asia prices of LNG could jump to above $20/mmBtuif European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday.
Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank
Japan's top utility JERA sees no impact from new U.S. sanctions on Gazprombank on its procurement of LNG from Russia's Sakhalin-2 project, as it does not use the lender for payment settlements, its president said.
ADNOC L&S takes delivery of first new-build LNG carrier from Jiangnan Shipyard ahead of schedule
ADNOC Logistics and Services Plc., a global energy maritime logistics leader, has taken delivery of Al Shelila, the first of six newbuild liquified natural gas (LNG) carriers from Jiangnan Shipyard in China.
Trump prepares wide-ranging energy plan to boost gas exports
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new LNG projects and increase oil drilling.
LNG is stepping up to solve Europe gas woes, but at a price
Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG) market already stepping up to avoid any shortfall, albeit at higher prices.
Brunei LNG initiates startup process after 'operational upset'
Brunei LNG said on Friday it is in the process of a safe startup of its liquefied natural gas (LNG) facility, which is expected to continue until further notice, following an "operational upset" earlier this week.
Japan to ensure uninterrupted Sakhalin-2 LNG supply from Russia
Japan will take all possible measures to prevent disruptions in securing a stable supply of liquefied natural gas (LNG) from Russia's Sakhalin-2 project following new U.S. sanctions.
Indonesia regulator confirms disruption at bp's Tangguh LNG project
Indonesia's upstream oil and gas regulator SKK Migas confirmed there was an outage at the third train of bp's Tangguh liquefied natural gas (LNG) facility in West Papua, and said operations were expected to begin to restart from Saturday.
U.S. LNG exports primed to jump as price arb to Europe opens wide
United States exports of LNG to Europe are set to jump in the coming weeks after the price spread between domestic natural gas and Europe's main gas pricing hub hit one-year highs.
Container shippers hedging green transition with dual-fuel vessel orders
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.
PetroVietnam Gas signs deal to supply LNG to PetroVietnam Power
PetroVietnam Gas has signed a contract to supply LNG to PetroVietnam Power to test run the country's first LNG-fired power plants.
Egypt in talks with foreign companies over long-term LNG purchases
Egypt is in talks with U.S. and other foreign companies to purchase long-term volumes of LNG, as it seeks to cut its reliance on more costly spot market purchases to meet power demand.
ONEOK agrees to sell Interstate Gas Pipelines to DT Midstream for $1.2 B
ONEOK Inc. has signed an agreement to sell its three wholly owned interstate natural gas pipeline systems to DT Midstream Inc. for $1.2 B.
Japan's LNG handling volume up 1% in FY23/24 as external trade rises
The volume of liquefied natural gas (LNG) handled by Japanese companies rose 1% year-on-year to 103.13 MM tonnes (t) in the fiscal 2023/24 year as external trade increased.
Russia's Yamal LNG resumes ship-to-ship transfers near Murmansk
Russia's Yamal LNG project resumed ship-to-ship transfer of liquefied natural gas (LNG) near the port of Murmansk in order to free up ice-class tankers.
Venture Global LNG's second plant running over budget, document shows
Venture Global LNG's second liquefied natural gas (LNG) export plant, currently under construction in Louisiana, is $2.35 B over budget and costs could still rise, according to financial documents prepared for its initial public offering of shares.
U.S. natgas prices slide 3% on rising output, less cold forecast for late November
U.S. natural gas futures slid about 3% to a one-week low on Friday on an increase in daily output and forecasts for less cold weather in late November than previously expected.
U.S. natgas flows to LNG export plants on track to hit 9-month high
The amount of gas flowing to the seven big operating U.S. liquefied natural gas (LNG) export plants was on track to rise to a nine-month high on Thursday as feedgas to a few plants hit multi-week highs.
Crown LNG rushing to develop and start building US LNG plant while Trump in office
Crown LNG is racing against time to develop and start construction of a 9-MMtpy LNG export plant in the U.S. before President-elect Donald Trump's second term ends in 2029. "We were sincerely hoping that he (Trump) would be there to support the industry because certainly the old administration was against it, quite simply," CEO Swapan Kataria said.
Philippines' PNOC signs LNG agreement with Indonesia's Pertamina
State-owned firms Philippine National Oil Company (PNOC) and Indonesia's Pertamina have signed a preliminary agreement to develop liquefied natural gas (LNG) and other energy sources.
Germany rejects arrival of Russian LNG shipment at Brunsbuttel terminal
Germany has refused to allow a Russian liquefied natural gas shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia.
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- 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
