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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.
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India fails to win over Qatar on LNG pricing
India’s efforts to renegotiate its long-term liquefied natural gas (LNG) supply deal with Qatar have fallen flat, with Doha rebuffing New Delhi's calls for a move away from oil-linked prices.
French LNG imports hit 10-year high in 2019
China imports record amount of LNG in 2019
China’s imports of liquefied natural gas (LNG) climbed 12.2% year in year in 2019 to a record high of 60.25mn tonnes in 2019, despite concerns that the country’s economic slowdown would impinge on demand.
NLNG in 10-year supply deals with Total, Eni
The Nigeria LNG (NLNG) consortium has concluded 10-year supply agreements with subsidiaries of Total and Eni.
Yamal LNG's fourth train faces delays
Total signs 10-year supply deal with Nigeria LNG
France’s Total has struck a deal to buy 1.5mn tonnes per year (tpy) of LNG from the Nigeria LNG (NLNG) terminal on Bonny Island.
Sinopec reportedly to review potential Cheniere deal
Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.
Gas troubles in Trinidad and Tobago
Trinidad and Tobago's gas sector is under pressure, both at home and in the export market.
McDermott files for bankruptcy protection
Engineering and construction firm McDermott International has filed for Chapter 11 bankruptcy protection after reaching an agreement with its creditors.
Petronas signs LNG supply contract with Shenergy
Malaysia’s state-run Petronas has signed a long-term liquefied natural gas supply agreement with China’s Shenergy Group.
Concerns voiced on viability of US-China deal’s energy trade targets
The US and China have signed a preliminary trade deal, amid concern that the energy purchase commitments set out in the agreement could be too ambitious.
Trump administration’s LNG-by-rail plans run into opposition
A proposal by the government of US President Donald Trump to allow transportation of LNG by rail is encountering opposition at the state level.
Eni says hull of Coral South FLNG vessel is complete
Italy’s Eni reported on January 14 that it had marked the completion of the hull of a floating LNG (FLNG) vessel that will be used for the Coral South LNG project in Mozambique.
Eagle LNG Partners awards contract for small-scale LNG plant
US-based Eagle LNG Partners has awarded an engineering, procurement, fabrication and construction (EPFC) contract for a small-scale LNG project that will target buyers in the Caribbean Sea region.
Russia presses on with import substitution drive
MOL, COSCO name newest LNG carrier
Japan’s Mitsui OSK Lines (MOL) and China COSCO Shipping have named the second of four LNG carriers the companies have commissioned to transport fuel produced by Russia’s Yamal LNG project.
Indian LNG demand supports spot prices
India’s demand for liquefied natural gas (LNG) is helping drive spot prices for the fuel higher, according to a report by Reuters.
Qatar signs LNG supply deal with Kuwait
State-owned Qatar Petroleum has struck a deal to supply up to 3mn tonnes per year of LNG to Kuwait over a period of 15 years.
Cyclicality of LNG market to become clearer as demand forecast to recover
Analysts from Bernstein Research are forecasting that the global LNG glut will end earlier than widely expected thanks to an anticipated resurgence in Asian demand, as well as construction being wrapped up on current projects.
Australia becomes top LNG exporter for 2019
Australia edged out Qatar to become the world’s leading exporter of LNG in 2019, as its output of the super-chilled fuel grew.
Energía del Pacífico moving ahead with LNG project in El Salvador
The Energía del Pacífico (EDP) venture is working to establish the infrastructure facilities needed to allow EDP to import and regasify LNG so that it can serve as fuel for a thermal power plant (TPP).
Aramco, Sempra sign deal progressing Port Arthur LNG
Subsidiaries of Sempra Energy and Saudi Aramco signed an interim project participation agreement this week that takes the proposed Port Arthur LNG project in Texas one step closer to a final investment decision.
Bulgaria’s Bulgartransgaz to acquire 20% stake in Greek LNG terminal, PM Borissov says
Greece's DEPA to buy into new LNG import terminal
Peru LNG reports exports down again in December
Peru LNG, the operator of a gas liquefaction plant and export terminal in Pampa Melchorita, reported that its export volumes had declined year on year in the last month of 2019.
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