GLNG - Global LNG

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Oil & Gas

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Overview

With significant investment going into LNG export projects in the US, Australia and across Asia-Pacific and continued concerns about gas imports into Europe and Asia, LNG is expanding as a major sector of the global gas market that has attracted super-majors and independent companies alike.

With this in mind, success can be lost or guaranteed on the basis of accurate and timely information. GLNG offers readers a macro-view of international LNG news, divided by global region. GLNG is published on Thursdays and also incorporates an extensive News in Brief section. This includes detailed and up-to-date information as it breaks, from various sources across the world.

GLNG customers include:

major power companies, investment banks, consultancies, government agencies, law firms, accountancies, academics and economists. Its scope includes news and intelligence, broken down by geographic area to include Africa, Asia, the Americas, Europe and the Middle East.

GLNG  is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Need more convincing?

US LNG exports dip in April

5 May 2024

The US’s LNG exports fell in April slipping to 6.19mn tonnes according to data from the London Stock Exchange Group.

ExxonMobil Guyana reveals dates of output halt due to Gas-to-Energy project

4 May 2024

ExxonMobil has announced the timeframe for the temporary halt of production at two offshore oil projects in Guyana’s Stabroek Block as part of efforts to connect a natural gas pipeline for the landmark Gas-to-Energy project.

Petrobras crude Q1 output up 4.4% at 2.24mn bpd, exports fall

3 May 2024

Brazil’s national oil company Petrobras’ first-quarter crude output rose by 4.4%, year on year, to 2.24mn barrels per day.

Argentine government offers to pay energy companies with $600mn bonds

2 May 2024

Amid an ongoing dispute with energy companies, the Argentine government has put forward a proposal to settle transactions made in December 2023 and January 2024 with BOPREAL bonds valued at approximately $600mn.

How well thought-out is a US ban on LNG exports to China?

1 May 2024

In a recent analysis it was speculated that a recent understated move by the US Department of Energy could signify a significant shift in American policy regarding trade, energy, and its relationship with China.

ExxonMobil chief expects Guyana to become one of world's most successful deepwater developments

1 May 2024

ExxonMobil’s Chief Executive Officer Darren Woods has claimed that Guyana is emerging as one of the most successful deepwater projects in the history of the oil and gas sector.

Venture Global to begin LNG production at Plaquemines in summer

1 May 2024

US LNG upstart Venture Global LNG is planning to begin production of the super-chilled fuel at its Plaquemines export facility in southern Louisiana by mid-year.

Qatar signs record deal with China State Shipbuilding for 18 LNG carriers

1 May 2024

State-run QatarEnergy has signed a deal to purchase 18 LNG carriers from China State Shipbuilding Corporation at a price of $6bn, the company announced.

Egypt to cut LNG exports in May over anticipated summer power shortages

1 May 2024

Egypt will temporarily halt its LNG exports beginning May in order to combat expected power shortages this summer, the North African country announced.

Turkey begins talks with ExxonMobil on LNG deal in quest to diversify gas supply

30 April 2024

In an effort to diversify its supply portfolio and reduce its dependence on Russian gas and also strengthen national security, Turkey, a Nato member, is now in the midst of discussions with the US supermajor.

US LNG exports soar to record highs

30 April 2024

US LNG exports have reached record highs in the first four months of 2024 amid skyrocketing natural gas production.

Italy vows not to stand in way of EU sanctions on Russian LNG

30 April 2024

Italy’s Energy Minister Gilberto Pichetto Fratin says Italy has “no reason to oppose a process of new sanctions" placed on LNG from Russia.

Turkey seeks LNG from ExxonMobil, starts pipeline gas stream to Hungary

30 April 2024

Turkey is seeking to secure a new LNG import deal with ExxonMobil, according to a report in the Financial Times. It is part of Turkey’s plans to diversify its gas imports and reduce its reliance on Russian gas.

LNG Energy Group strikes deal to revamp Venezuela oil fields amid US sanctions uncertainty

30 April 2024

LNG Energy Group, backed by Texas oil magnate Rod Lewis, inked a pact with Venezuela's state-run oil giant PDVSA to revitalise five ageing oil fields, positioning itself for potential growth in a market grappling with a tumultuous political landscape

Petrobras sells idle fields to Perenco, signs MoU with Argentina’s Enarsa for gas projects

29 April 2024

Brazil’s national oil company Petrobras has finalised contracts to sell its entire interest in the Cherne and Bagre fields, situated in the Campos Basin's shallow waters, to Perenco for $10mn.

Guinea lawmakers approve West Africa LNG’s $3bn gas project serving mining sector

29 April 2024

Guinea lawmakers have approved an agreement signed last year between the government and West Africa LNG Group (WA-LNG) for a potential $3bn investment in liquefied natural gas (LNG) import infrastructure.

Russian LNG to fall short of government targets, warns Rystad

29 April 2024

The Norwegian consultancy believes new projects could face delays of five or more years.

Iran’s output at South Pars gas field topped 196 bcm last year

28 April 2024

South Pars, Iran’s mammoth gas field, cranked out more than 196bn cubic metres of sweetened natural gas in the past Persian calendar year which ended on March 19, the CEO of South Pars Gas Complex said.

TotalEnergies CEO warns Russian LNG sanctions would trigger price spike

28 April 2024

EU sanctions on the Yamal LNG project would trigger a spike in global gas prices, raking in profits for global suppliers including TotalEnergies.

Romania’s Neptun Deep project advances towards 2027 debut

26 April 2024

Energy security for Romania and its Eastern European partners is due to see a noted improvement as momentum builds at Neptun Deep. Once in operation, the Black Sea project could become the largest gas producer in the European Union.

Bangladeshi government to increase LNG spot imports

26 April 2024

The government of Bangladesh has opted to increase its intake of LNG with plans to import a total of 23 spot cargoes between January and June.

Edited by

Ed Reed

Editor

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