LNG/LPG News


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Bullish Streak Ends As Buyers Drop Bids On More Supply
Friday, October 13, 2017 Asian spot prices for liquefied natural gas (LNG) fell after six straight weeks of gains.

Fourth Train Complete At Cheniere's Sabine Pass LNG Plant
Friday, October 13, 2017 Cheniere Energy Partners LP says that the fourth train at its Sabine Pass liquefied natural gas plant was substantially complete.

China Buys Rare Norway LNG Cargo As Spot Deals Rise Ahead Of Winter
Thursday, October 12, 2017 China has bought a rare cargo of liquefied natural gas (LNG) from Norway, Reuters shipping data shows.

Greek Firm Gastrade Signs LNG Deal With State-Owned DEPA
Thursday, October 12, 2017 DEPA signs a cooperation agreement with natural gas company Gastrade to participate in the development of a liquified natural gas terminal.

Customs: Russia's Yamal LNG To Ship First Two LNG Cargoes In November
Tuesday, October 10, 2017 The Russian Yamal LNG project will ship the first two cargoes of liquefied natural gas in November.

Canada's Keyera Signs Pact With Chevron To Transport, Store NGL
Tuesday, October 10, 2017 Keyera says it signed a 20-year agreement with Chevron's Canadian unit to transport and store NGL.

Chevron Starts LNG Output at Australia's Wheatstone
Monday, October 09, 2017 The LNG market will be focused on how smoothly Wheatstone progresses following the troubled start-up at Chevron's bigger Gorgon LNG project.

Ghana Fuel Site Blast Kills at Least 7, Injures Dozens
Monday, October 09, 2017 The site includes an LPG storage depot and two service stations run by state-owned GOIL and oil major Total.




Australia Closing In On Qatar as World's Top LNG Exporter
Thursday, October 05, 2017 Australia expects to increase exports of liquefied natural gas (LNG) by 16 percent from mid-2018 as $180 billion in new projects hit their stride, nearly catching up with Qatar, the world's top supplier.

UK Energy Users Have a Taste of Brexit and Don't Like It
Thursday, October 05, 2017 Britain is getting a preview of what some energy bills might be like after Brexit. And it's not popular.

CEO: Saudi Aramco Not Discussing Stake in Novatek's Arctic LNG project
Thursday, October 05, 2017 Saudi Aramco is discussing several investment opportunities with Russian firms but there are no current plans to take a stake in Novatek's liquefied natural gas (LNG) project, Aramco Chief Executive Amin Nasser said.

India Seeks to Rework More LNG Contracts Amid Surplus, GAIL Says
Wednesday, October 04, 2017 India is pushing to renegotiate more LNG deals after its success in reaching agreements with some of the world's largest energy suppliers.

LNG Can Play 'Meaningful Role' Targeting US Trade Imbalance
Tuesday, October 03, 2017 US gas exports can improve balance of trade, create jobs and support long-term economic growth.

Robust Chinese Demand Ensures Asian LNG Rally Has Legs
Friday, September 29, 2017 China could overtake South Korea as the world's second-biggest LNG importer this year.

Louisiana LNG Project Gains European Customer
Wednesday, September 27, 2017 Calcasieu Pass LNG could start commercial ops in 2021.

Australia's East Coast LNG Producers Avert Export Curbs
Wednesday, September 27, 2017 Australia's three east coast LNG plants have staved off threatened export curbs.

Mozambique Moves Closer to LNG Development, but Hurdles Remain
Tuesday, September 26, 2017 Mozambique has signed framework agreements for two LNG terminals, but market and contractual risks as well as potential above-ground problems present difficulties.

Twice-Rejected US LNG Exporter Gives Project Another Shot
Friday, September 22, 2017 The developer of a liquefied natural gas export terminal in Oregon that has already twice been denied permits by US regulators is giving it another shot.

WoodMac: LNG Growth To Propel Oil And Gas Industry's Carbon Emissions
Wednesday, September 20, 2017 LNG will be the biggest source of carbon emission growth for the world's top oil and gas companies by 2025, according to a new study by Wood Mackenzie.

Glencore Strikes Multi-Year Purchase Deal With Angola LNG
Wednesday, September 20, 2017 Glencore is to buy LNG supplies from Angola LNG over a multi-year period.

Russia's Gazprom Signs LNG Supply Deal With Ghana
Monday, September 18, 2017 Gazprom has signed a 12-year deal to supply Ghana National Petroleum Corporation (GNPC) with liquefied natural gas.

Japan's Mitsui OSK Targets 26% Stake In Swan's Indian LNG Unit
Monday, September 18, 2017 Mitsui OSK Lines aims to buy at least a 26% stake in a floating storage regassification unit (FSRU) in India.

Netherlands To Receive LNG Cargo From US Sabine Pass Plant
Thursday, September 14, 2017 The Netherlands will receive its second-ever LNG shipment from Cheniere Energy's Sabine Pass export facility in the United States.

China's CNOOC Ends Feasibility Study For Western Canadian LNG Terminal
Thursday, September 14, 2017 CNOOC says it will end the feasibility study for its LNG export terminal on British Columbia's coast due to low global commodity prices.

Bangladesh Set To Sign 15-Year LNG Import Deal With Qatar
Wednesday, September 13, 2017 Bangladesh will sign a 15-year deal with Qatar's RasGas Co to import LNG starting in 2018.

Papua New Guinea Starts Paying Landowners LNG Royalties
Wednesday, September 13, 2017 The Papua New Guinea government has started paying local landowners long awaited benefits from the $19 billion PNG LNG project.

Once Fringe Players, Swiss Traders Grab $10 Billion Slice Of LNG Market
Tuesday, September 12, 2017 Swiss trading houses are muscling in on the global market for LNG, until now the preserve of energy giants, and expect to grab a $10 billion share of the rapidly growing business this year.

Russell: ExxonMobil's Deal To Cut India LNG Prices Is Actually Quite Good
Tuesday, September 12, 2017 ExxonMobil's deal to cut the price of LNG supplied under long-term contract to an Indian buyer has largely been viewed as a bad outcome for producers of the super-chilled fuel.

ExxonMobil Slashes LNG Price To India In Bad Omen For Producers
Monday, September 11, 2017 India has won a price cut on a 20-year LNG deal with global giant ExxonMobil in a rare contract renegotiation.

LNG Glut May Flip to Deficit as Cheniere Sees China Growth
Friday, September 08, 2017 The global glut plaguing LNG markets may start to dwindle in 5 years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar.

Ichthys LNG Subsea Contract Goes to Wood Group
Wednesday, September 06, 2017 INPEX Operations Australia has awarded Wood Group a 5-year contract to provide subsea engineering services for the integrity of the Ichthys LNG Project.

Keel Laid for Fully LNG-powered Cruise Ship
Wednesday, September 06, 2017 AIDAnova to be first of seven LNG-powered cruise ships.

India's Petronet To Form JV With Japan, Sri Lanka Firms For LNG Plant
Wednesday, September 06, 2017 Petronet LNG, will soon form a joint venture with Japanese and Sri Lankan companies to build a LNG terminal near Colombo.

Angola LNG Strikes Multi-Year Sales Deal With Vitol
Tuesday, September 05, 2017 Angola's sole LNG export facility will begin delivering shipments to commodity trader Vitol later this year.

Poland's PGNiG To Receive LNG Spot Delivery From Statoil In September
Tuesday, September 05, 2017 PGNiG says it will buy 140,000 cubic metres of LNG from Norway's Statoil on the spot market this month.

India Invites Total to Boost Investment in Oil, Gas Projects - Minister
Friday, September 01, 2017 India has invited Total SA to invest in the country's oil and gas infrastructure, Oil Minister Dharmendra Pradhan said on Friday.

US Seeks Faster Approval of Small-scale Exports of Natural Gas
Friday, September 01, 2017 Central and South American markets require smaller LNG volumes, the Energy Department said.

Trading Firm Noble Seen Picking Oil Unit Buyer In September
Wednesday, August 30, 2017 Trader Noble Group is expected to pick a buyer for its oil and LNG units by mid-September.

Australia's Santos Steps Up Effort To Avert LNG Export Curb
Wednesday, August 30, 2017 Santos is racing to boost gas supply to Australia's eastern market to fend off government limits on exports of LNG in 2018.

Russia's Gazprom Does Not Rule Out More LNG Flows To Europe From Rivals
Wednesday, August 30, 2017 Gazprom did not rule out an increase in liquefied natural gas flows to Europe from its rivals, a company official says.

Cheniere Reports Minor Damage from Harvey at Texas LNG Facility
Monday, August 28, 2017 Cheniere conducted initial Harvey impact assessments on Sunday.

Japan to Buy Up to 50,500 T LPG for National Stockpile
Monday, August 28, 2017 The tender was in line with expectations.

US Cheniere Energy Says Train 3 At Sabine Pass LNG Export Plant Down
Friday, August 25, 2017 Production from train three at Cheniere Energy's Sabine Pass LNG export plant has been suspended for maintenance.

S. Korea's S-Oil Signs LNG Contract With Malaysia's Petronas For 2018-2033
Friday, August 25, 2017 S-Oil Corp signs a long-term LNG supply contract with Malaysia's Petronas for 15 years starting from next year.

Oil Search Profit Soars, Focus On Advancing PNG Gas Projects
Tuesday, August 22, 2017 Oil Search expects its partners to agree by year-end on how to coordinate development of their Papua New Guinea gas projects.

Ghana, Equatorial Guinea Presidents To Sign LNG Deal
Monday, August 21, 2017 Ghana's President Nana Akufo-Addo plans to sign an agreement to import LNG from Equatorial Guinea during his three-day visit.

Lithuania Receives First LNG From The United States
Monday, August 21, 2017 Lithuania received its first spot shipment of LNG from the United States.

Russell: From Leader To Loser: Australia Risks Missing Next LNG Wave
Thursday, August 17, 2017 Should the arrival of the last major piece of kit in Australia's $180 billion LNG spree be a cause for celebration or for a wake?

China's Blue Skies Target May Make for Winter Gas Crunch
Thursday, August 17, 2017 The growing global LNG market will help the country meet any surge in demand this winter, says Liu Ming Hui, executive chairman of China Gas Holdings Ltd.

Woodside Sees Qatar Targeting New LNG Buyers With Supply Surge
Wednesday, August 16, 2017 Woodside expects rival Qatar to target the emerging markets of India and Pakistan with a new wave of supply next decade and not cannibalize traditional Asian buyers.

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