GLNG - Global LNG

Poland’s Orlen signs deal to supply Ukraine with LNG

The LNG will be transported from cargoes delivered to the LNG import terminal located in Klaipeda, Lithuania. The super-chilled fuel will then be transported through Lithuania and Poland before it reaches Ukraine via the Drozdovychi interconnector.

US Venture Global suffers stock freefall after fourth-quarter revenue miss

US LNG producer Venture Global saw its stock tumble by 36% on March 6 after missing fourth-quarter revenue targets.

Golden Pass LNG receives US export extension

QatarEnergy and ExxonMobil’s joint venture Golden Pass LNG has been granted an extension for its permit for exports to begin.

Vietnam to increase US imports liquefied gas, machinery imports amid trade imbalance concerns

Vietnam will boost imports of liquefied gas, fuel, machinery, and technology from the United States to help address trade imbalances between the two countries, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said on March 5.

Indian Gas Exchange reports 27% jump in February trading volume

During the month Indian Gas Exchange traded 196 mmscm gas volume, higher by 27% year-on-year, IGX said in a press release.

Colombia's Ecopetrol enhances regasification capacity amid impending gas shortfall

Colombia's state-owned oil and gas company, Ecopetrol, has awarded a contract to local firm Puertos, Inversiones y Obras (PIO) to deliver regasification services along the nation's Pacific Coast.

Egypt to build $660mn liquid, gas bulk terminal at Alexandria’s Dekheila Port

South Korea expresses interest in Alaska LNG project

South Korea has become the latest Asian country to indicate interest in the US’s long-stalled Alaska LNG project.

Inpex says demand exceeds output for Abadi LNG project

Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.

Ukraine’s DTEK expected to sign LNG import deal by April

Ukraine’s biggest private energy firm DTEK is holding negotiations with a handful of suppliers over a two-year LNG import contract.

Russia’s Sakhalin LNG sees production dip by 2% in 2024

Russia’s Sakhalin Energy project experienced a 2% decline in LNG production in 2024.

Nigeria’s LNG exports plummet as pipeline sabotage cuts gas supplies

Nigeria LNG is struggling with an operational crisis as reduced gas supplies due to pipeline sabotage are plaguing the country’s LNG exports.

Indian gas company GAIL floats tender for nine LNG cargoes

Indian state-owned gas company GAIL has floated a tender seeking nine cargoes of liquefied natural gas (LNG) to be delivered over three years

Sinopec’s moves in Sri Lanka offer energy security, but raise questions

Sinopec is to invest $3.7bn in an oil refinery in southern Sri Lanka, raising concerns among some observers who fear that China’s Belt and Road Initiative (BRI) could ultimately lead to the facility one day being outright Chinese-owned.

China’s oil imports rebound on the back of tanker reshuffle

After falling to a two-year low last month, China’s imports of Russian and Iranian oil are set for a resurgence in March as a major reshuffling of tanker fleets is set to permit non-sanctioned vessels to resume shipments of discounted crude.

Oman’s Block 61 to feed fourth LNG train

Oman’s Block 61 is expected to significantly contribute to the development of a proposed fourth LNG train at Sur

Turkey’s Russian crude imports drop fourfold, following spike in Russian LNG imports

Turkey’s imports of Russian crude oil reportedly contracted 4fold in February following the January 10 US-led tightening of sanctions on Moscow’s energy exports that hit energy companies and more than 180 "shadow fleet" tankers.

Europe sees further climb in gas prices in February, amid record storage withdrawals

European gas prices rose by 5% in February, reaching an average of $542 per 1,000 cubic metres, driven by record-high storage withdrawals and reduced wind power generation.

Inpex says demand exceeds output for Abadi LNG project

Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.

Ukraine’s DTEK expected to sign LNG import deal by April

Ukraine’s biggest private energy firm DTEK is holding negotiations with a handful of suppliers over a two-year LNG import contract.

UAE’s ADNOC signs LNG supply deal with Osaka Gas

ADNOC has announced the signing of a deal to supply up to 0.8mn tpy of LNG to Japanese utility Osaka Gas.

Russian LNG exports down 7.3% in January

Russia's LNG exports fell by 7.3% year-on-year to 5.1mn tonnes in the first two months of 2025, according to preliminary data from LSEG on February 28.

Indonesia’s energy future hinges on stronger upstream-downstream collaboration

Strengthening coordination between upstream and downstream sectors is essential to ensuring Indonesia’s natural gas supply remains stable and sustainable, industry experts emphasised during the EITS Discussion Series 2025 in Jakarta on February 26

Eni and Petronas form joint venture to manage energy assets in Southeast Asia

Italian energy giant Eni and Malaysia’s state-owned firm Petronas have formalised an agreement to establish a joint venture that will oversee upstream operations in Indonesia and Malaysia, the companies announced on February 27

North Macedonia to sign deal for construction of gas interconnector with Greece in March

North Macedonia’s Prime Minister, Hristijan Mickoski, announced that the country expects to sign the agreement to commence construction of the gas interconnector with Greece in March.