natural gas

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

10/18/2023

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.

Marathon Oil signs deal with Glencore for Alba gas in Equatorial Guinea

Marathon Oil said it has entered into a five-year LNG sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market.

Russia-China oil and gas cooperation in focus as Putin visits Xi

Beijing has rejected Western criticism of its growing partnership with Moscow in light of Russia's conflict in Ukraine and it insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses.

Chevron LNG workers in Australia reaffirm strike plans

Workers at Chevron's two LNG plants in Australia reaffirmed their plan to resume strikes as mediated talks continue, with the U.S. energy major saying that workers were being unreasonable.

FueLNG celebrates monumental milestone: 100th ship-to-ship LNG bunkering operation

FueLNG, a joint venture between Seatrium Offshore & Marine Ltd and Shell Singapore Pte. Ltd, announces the successful completion of its 100th ship-to-ship LNG bunkering operation.

Trinidad to sign Atlantic LNG restructuring agreement next month

An agreement to restructure Trinidad and Tobago's flagship LNG project will be signed by its owners in London next month.

Venture Global receives approval for LNG plant steam generator modifications

The U.S. Federal Energy Regulatory Commission granted LNG company Venture Global LNG to proceed with the heat recovery steam generator modifications at the Calcasieu Pass LNG export plant in Louisiana.