LNG/LPG News


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India's GAIL Renegotiates LNG Deal With Gazprom
Tuesday, January 16, 2018 Gas utility GAIL (India) Ltd renegotiates the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom.

Cheniere Signs 15-year LNG Supply Pact with Trader Trafigura
Tuesday, January 16, 2018 LNG deliveries to Trafigura, one of the biggest independent traders of the fuel, will begin in 2019, Cheniere said.

Production Outages Tighten Asian Gas Market
Friday, January 12, 2018 Asian spot LNG prices rose this week on falling production from Russia, Angola and Malaysia in an already tight market.

China's Gas Imports Jump To Record High As Winter Weather Bites
Friday, January 12, 2018 China's natural gas imports soared to a record in December as the country battled a winter supply crunch.

Baltic Exchange To Develop LNG Freight Index With Ship Brokers
Thursday, January 11, 2018 The Baltic Exchange is looking into launching a freight index for LNG.

US Becomes a Net Gas Exporter for the First Time in 60 Years
Thursday, January 11, 2018 America's trade imbalance just got a wee bit smaller.

Europe to Resume Role as Global Gas Sink
Monday, January 08, 2018 Europe will resume its role as a global gas sink from 2018-2020, absorbing surplus volumes of global LNG as supply growth outstrips demand.

Angola LNG Production Setback Prompts Tender Cancellation
Monday, January 08, 2018 A production issue affecting the Chevron-led Angola LNG export facility has prompted the cancellation of a tender.




Natural Gas Will Help Kenya Achieve 'Ambitious' Power Generation Goals
Friday, January 05, 2018 The introduction of natural gas for power generation, and the potential expansion of domestic gas production, will help Kenya achieve its 'ambitious' goals to increase power generation capacity.

Spot Prices Steady Above 3-Year Highs As Cold Spurs Buying
Tuesday, January 02, 2018 Asian spot LNG prices held above three-year highs on Tuesday.

Russia Natural Gas Output Jumps to Record in Expansion Drive
Tuesday, January 02, 2018 Russia's natural gas production rose to its highest ever last year.

China's Chongqing Gas Exchange Aims To Be Asia Price Benchmark
Friday, December 29, 2017 China plans to launch a natural gas exchange in Chongqing in early 2018.

US Gas Sales to China Boom as Buyers Seek to Avoid Pinch
Wednesday, December 27, 2017 China's imports of LNG from the US jumped last month.

India Challenges China As World's Biggest LPG Importer
Wednesday, December 27, 2017 India is set to surpass China as the biggest importer of LPG this month as a drive to replace wood and animal dung fires for cooking boosts consumption.

Kuwait Secures LNG Deal as Gulf Energy Exporters Hunt for Gas
Sunday, December 24, 2017 Kuwait struck a 15-year deal with Shell for LNG, locking in supplies as neighbors in the oil rich Gulf consider their own import strategies.

Sinopec Further Lift Supplies In China's Gas Crunch
Friday, December 22, 2017 Sinopec steps up efforts to increase domestic gas supplies as widespread shortages hit more cities this week.

Asian LNG Spot Prices Jump On Chinese, Japanese Demand
Friday, December 22, 2017 Asian LNG spot prices jumped this week on strong demand from core importing countries including China and Japan.

Saudi Aramco Embarks on Global Hunt for Natural Gas Supplies
Thursday, December 21, 2017 Saudi Aramco is looking for natural gas assets from Russia to East Africa and the US.

Pakistan Flogging Unloved Fuel Oil as It Shifts to Cleaner LNG
Thursday, December 21, 2017 Pakistan's drive to tackle its polluted skies has left it with a problem: It has more dirty fuel oil than it wants.

Qatargas Signs Deal To Deliver LNG To Austria's OMV
Wednesday, December 20, 2017 Qatargas agrees a sale and purchase deal with OMV.

Russell: China To Remain The Main Game For Global Commodity Demand
Wednesday, December 20, 2017 China strode like a colossus over major commodity markets in 2017.

Asian LNG Spot Prices Jump After European Gas Outages
Friday, December 15, 2017 Asian liquefied natural gas spot prices jumped this week.

New Africa Gas Comes at Right Time for Europe in Supply Woes
Friday, December 15, 2017 The extra output couldn't come at a better time for Cameroon.

Russia Aims To Win 15-20% Of Global LNG Market - Novatek CEO
Tuesday, December 12, 2017 Russia's government has set a target of winning between 15 and 20 percent of the global market for liquefied natural gas.

After Europe's Gas Market Disasters, LNG May Come to the Rescue
Tuesday, December 12, 2017 After all the craziness in Europe's gas markets this week, some relief supplies may already be on their way from deep in the Russian Arctic.

Report: LNG Project Sanction Uptick in 2018
Tuesday, December 05, 2017 There will be an uptick in the number and capacity of LNG projects sanctioned in 2018, according to a new report.

Russia Starts Up Second LNG Plant In Remote Arctic
Tuesday, December 05, 2017 Russia starts production at its second liquefied natural gas plant, Yamal LNG, with the aim of shipping the first cargo on Dec. 8 from the remote Arctic port of Sabetta.

Cheniere Boosts LNG Tanker Fleet Amid Asian Demand Boom
Tuesday, December 05, 2017 Cheniere Energy expands shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth.

Shell LNG Plant In Queensland, Australia To Undergo Maintenance-AEMO
Friday, December 01, 2017 Royal Dutch Shell's Queensland Curtis liquefied natural gas (LNG) production plant will undergo a partial maintenance outage on May 7-27, 2018.

Asia Spot Stays Near 3-Year High For Third Week
Friday, December 01, 2017 Asian spot LNG prices were unchanged for a third week.

Inpex Halts Construction At Australian LNG Site After Worker Dies
Thursday, November 30, 2017 Inpex halted construction work at an onshore site in Australia for the huge Ichthys LNG project after a worker died in an accident there.

Pakistan In LNG Talks With France, Italy And Spain
Thursday, November 30, 2017 Pakistan is in talks to import LNG from France, Italy and Spain, a senior Pakistani source says.

China's LNG Prices Highest Since 2011 as Winter Demand Soars - Dealers
Monday, November 27, 2017 China's domestic prices for liquefied natural gas (LNG) topped 7,000 yuan ($1,061) a tonne, highest since at least 2011, as demand soared with millions of homes burning gas for the winter instead of coal.

Plan Underway to Subdue Russian Gas With German LNG Terminal
Monday, November 27, 2017 The old trading city of Hamburg in northwest Germany will soon become the center for a drive in Europe's biggest economy to diversify natural gas imports.

Petronas LNG Inks Services Agreements in Malaysia
Wednesday, November 22, 2017 Petronas LNG Ltd signs 2 services deals in Malaysia.

Qatari Energy Minister Sees Oversupply Of LNG In Coming Years
Wednesday, November 22, 2017 Qatar's energy minister says he expects oversupply of liquefied natural gas in the coming years.

Natgas Exporting Countries Convene As Global Buyers' Market Rises
Tuesday, November 21, 2017 Top officials of major gas producing countries are meeting this week in Bolivia.

Poland's PGNiG Signs First Mid-Term Deal For LNG Supplies From US
Tuesday, November 21, 2017 PGNiG signs its first mid-term deal for LNG deliveries from the United States.

Santos Seen Luring More Bids After Rejecting $7.2 Billion Offer
Thursday, November 16, 2017 A bid for Santos may trigger counter offers for the Australian oil and gas producer that has stakes in some of the world's cheapest LNG.

Hoegh LNG: Pakistan LNG Import Project Consortium Folds
Thursday, November 16, 2017 A consortium behind a LNG import project in Pakistan has been dissolved.

Trade: Pakistan LNG Passes On Trafigura, Gunvor Cargo Deliveries
Wednesday, November 15, 2017 Pakistan LNG Ltd has decided against awarding in a tender three LNG cargoes.

Eni's Giant Gas Field Prompts Egypt to End Imports in 2018
Wednesday, November 15, 2017 Egypt will stop importing LNG in 2018 and may eventually export gas.

Birth of Another LNG Giant Shows Majors' Edge Over Traders
Monday, November 13, 2017 Total's billion-dollar deal to buy LNG assets from Engie SA shows how much size matters in the industry.

RIA: Moscow, Riyadh Agree To Explore Aramco Taking Part In Novatek Project
Monday, November 13, 2017 Russia and Saudi Arabia have agreed to study the possibility of Saudi Aramco taking part in Novatek's Arctic LNG 2 project.

Japan's JERA Imports First LNG Cargo Shipped From Chevron's Wheatstone Site
Monday, November 13, 2017 Japan's JERA Imports First LNG Cargo Shipped From Chevron's Wheatstone Site

Bullish Oil And Tight Supply Lift Asian Spot LNG Market
Friday, November 10, 2017 Asian spot LNG prices rose this week on already tight supply and production outages in Australia and was further buoyed by climbing crude oil prices.

Australia's North West Shelf LNG Export Plant Suffers Partial Outage
Friday, November 10, 2017 Australia's North West Shelf LNG export plant suffered a partial outage on Friday morning.

Japan's Inpex Says Ichthys LNG Project On Track For March Start
Wednesday, November 08, 2017 Inpex is on track to begin production at its offshore Ichthys liquefied natural gas project in Australia.

France's Total Buys Engie's LNG Business For $1.5B
Wednesday, November 08, 2017 Total says it has acquired LNG interests of French power and gas utility Engie for around $1.5 billion.

Shipping Firm CMA CGM Chooses LNG To Power New Vessels
Tuesday, November 07, 2017 CMA CGM says that it would use LNG to power nine extra-large vessels it has ordered.

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