LNG & Trends News


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Biden LNG Freeze Delaying Projects and Risking USA Market Share
The Biden administration's pause on new licenses for LNG exporters is already stalling progress for projects that were aiming to come online later this decade.
8:00 PM EST | March 14, 2024
Technip JV to Start EPC Activities at ADNOC's Ruwais LNG Project
TJN Ruwais JV has received a limited notice to proceed to begin early engineering, procurement and construction (EPC) activities at the Ruwais low-carbon LNG project.
8:00 PM EST | March 13, 2024
Eni Makes Another Discovery Offshore Ivory Coast
Drilling operations for the well took place approximately 28 miles (45 kilometers) off the coast in block CI-205.
8:00 PM EST | March 10, 2024
AG&P Buys Stake in Vietnam LNG Terminal
The $500 million Cai Mep LNG terminal, which is being developed by Vietnam's Hai Linh Company Limited, has a capacity of 3 million metric tons per annum.
8:00 PM EST | March 10, 2024
Tokyo Gas Taps MOL Newbuild for Long-Term Charter
Mitsui signed a long-term charter contract with a unit of Tokyo Gas for a newbuild LNG carrier that will be delivered 2026.
7:00 PM EST | March 09, 2024
US Is Europe's Top LNG Supplier for Third Straight Year: EIA
The U.S. exported 7.1 Bcfpd of LNG to Europe last year, accounting for nearly half the region's LNG imports.
7:00 PM EST | March 07, 2024
3 Power Firms Invest $3.3B in Philippines' 1st Integrated LNG Facility
The project will augment the country's power supply with over 2,500 MW and connect its energy sector with the global natural gas supply chain.
7:00 PM EST | March 06, 2024
Conrad Asia Inks MoU with PGN for Gas Development Offshore Indonesia
Conrad will partner with PGN in the provision of gas or LNG supply and development infrastructure for gas resources from its two Aceh PSCs.
7:00 PM EST | March 05, 2024
Spain Urges EU to Take Tougher Stance on Russian LNG Imports
Spain has asked the European Union to take a tougher stance on Russian liquefied natural gas imports.
7:00 PM EST | March 04, 2024
New Fortress Launches 2 LNG Terminals in Brazil
NFE has put its Terminal Gas Sul in Santa Catarina and Barcarena LNG terminal in Pará into operation.
7:00 PM EST | March 04, 2024
EU Sees Nearly 3.4 Tcf of Gas Offers under Revamped Joint Buying Platform
Offers from international natural gas suppliers exceeded volumes placed by buyers in the EU by nearly three times in the first tender for the new AggregateEU.
7:00 PM EST | March 03, 2024
TotalEnergies Inks Long-Term Deal to Supply LNG to Sembcorp
The deal entails the delivery of up to 0.8 million tons per annum (mtpa) of LNG for a duration of sixteen years, starting in 2027.
7:00 PM EST | February 29, 2024
API Files Rehearing Application on Biden's LNG Pause
'The indefinite pause is unlawful,' the filing states.
7:00 PM EST | February 28, 2024
Woodside Inks Long-Term LNG Supply Deal with Korea's KOGAS
The agreement is for the supply of approximately 0.5 million metric tons per annum of LNG for a period of 10.5 years on a delivered basis starting in 2026.
7:00 PM EST | February 28, 2024
Vitol Inks 10-Year LNG Deal with EOG
Under the agreement, EOG will supply 180,000 million British thermal units per day (MMBtu/d) of natural gas.
7:00 PM EST | February 26, 2024
Qatar to Build New LNG Project as USA Stalls on Export Push
Qatar vies with the US and Australia as the biggest shipper of the fuel.
7:00 PM EST | February 25, 2024
Woodside to Sell Scarborough Stake to JERA for $1.4B, Eyes LNG Sales
Further, Woodside and JERA have entered into a non-binding heads of agreement for the sale and purchase of six LNG cargoes on a delivered ex-ship basis per year for 10 years starting in 2026.
7:00 PM EST | February 25, 2024
Equinor Bags 15-Year LNG Order from Indian Fertilizer Producer
Equinor signed a deal to supply about 650,000 MMtpa of LNG to Deepak for 15 years starting 2026.
7:00 PM EST | February 22, 2024
BP Takes Delivery of FLNG Vessel for Mauritania-Senegal Project
The Golar LNG vessel arrived at its destination on the maritime border of Mauritania and Senegal.
7:00 PM EST | February 21, 2024
China LNG Buyers Turn to Spot Market with Prices at Three-Year Low
LNG buyers, including Shenzhen Energy and China Gas, are in talks with potential suppliers for additional cargoes for the next several months.
7:00 PM EST | February 21, 2024
Texas LNG Inks Long-Term Deal with Gulf LNG Tugs
The tugboats will be 'among the most modern, low-emissions tugboats available to serve a facility of Texas LNG's size'.
7:00 PM EST | February 19, 2024
New Fortress Closes Sale of Energos Stake to Apollo Funds
Energos is a global maritime infrastructure company formed by NFE and Apollo Funds in August 2022 to provide LNG delivery, storage, and regasification services.
7:00 PM EST | February 18, 2024
US Lower House Passes Bill Reversing Biden LNG Export Restrictions
The U.S. House of Representatives voted in favor of proposed legislation overturning the Biden administration's decision to pause LNG exportation to non-free trade partners.
7:00 PM EST | February 15, 2024
Shell Sees Global LNG Demand Rising Over 50 Percent by 2040
The growth is expected to be driven by China's shift from coal to gas and economic development in South and Southeast Asia.
7:00 PM EST | February 15, 2024
Seatrium Bags Contract for Solvang's CCS Retrofit
Seatrium will deliver the full-scale retrofit of a seven-megawatt CCS system on Solvang's ethylene carrier Clipper Eris.
7:00 PM EST | February 15, 2024
Chesapeake Energy Inks 20-Year Deal for LNG from Delfin's Louisiana Project
The agreement involves 500,000 metric tons per annum.
7:00 PM EST | February 13, 2024
ATGL and INOX Partner for LNG in India
Under the agreement, the two companies have designated each other 'preferred partner' status for the delivery of LNG and liquefied compressed natural gas (LCNG) equipment and services.
7:00 PM EST | February 13, 2024
MidOcean to Acquire Stake in Peru LNG from SK Earthon
PLNG owns and operates the first LNG export plant in South America, located in Pampa Melchorita near Lima, Peru.
7:00 PM EST | February 12, 2024
QatarEnergy Plans to Charter 25 LNG Vessels from Nakilat
QatarEnergy and Nakilat have agreed on a time-charter arrangement for up to 25 newbuild LNG carriers.
7:00 PM EST | February 12, 2024
Centrica Inks 3-Year LNG Supply Deal with Repsol
The LNG will be delivered to the Grain LNG import terminal in Kent.
7:00 PM EST | February 08, 2024
Qatar Bags 20-Year, 7.5 MMtpa LNG Order from India
Qatar will supply India 7.5 MMtpa of LNG for 20 years under a deal signed between QatarEnergy and Petronet.
7:00 PM EST | February 07, 2024
Tellurian Eyes Upstream Asset Sale Under New Chairman
'Tellurian has been reviewing its strategy, including the dynamics of the U.S. natural gas market in the context of global LNG demand'.
7:00 PM EST | February 07, 2024
Venture Global, Grain LNG Ink Storage, Regasification Deal
Venture Global will have the ability to access three million mtpa of LNG storage and regasification capacity at the Isle of Grain LNG receiving terminal in the UK.
7:00 PM EST | February 06, 2024
Canada's Cryopeak, Ferus Merge LNG Operations
Cryopeak and Ferus have combined their operations eyeing to lead Canada's LNG sector.
7:00 PM EST | February 06, 2024
GlobalData Says North America Leads Long Term LNG Deals
'Energy companies in North America continue to bet on strong long-term LNG demand'.
7:00 PM EST | February 05, 2024
EU Lengthens Duration of Contracts under Joint Gas Purchasing Platform
EU natural gas buyers participating in the bloc's coordinated gas purchasing platform can now offer six-month contracts for potential suppliers during a buyer-vendor partnership of up to five years.
7:00 PM EST | February 05, 2024
Nigeria Seeks Gas Export Deal with South Korean Group
NNPC held talks with a South Korean consortium toward a potential agreement for the export of Nigerian LNG to the East Asian country.
7:00 PM EST | February 04, 2024
Gaz System Taps MOL for FSRU in Poland's Gdansk Gulf
The FSRU will serve as a LNG regasification terminal and will be located at a mooring platform near the shore in the area of the Port of Gdansk.
7:00 PM EST | February 04, 2024
WoodMac, Standard Chartered Look at LNG Export Pending Approval Pause
'With presidential elections in November, the pause is likely to delay approvals until at least the end of the year'.
7:00 PM EST | January 31, 2024
Grain LNG Inks 10-Year LNG Supply Deal with Sonatrach
The agreement is for 125 gigawatt-hours per day, or three million metric tons per annum, of LNG import capacity.
7:00 PM EST | January 31, 2024
Nebula Energy Buys Majority Stake in AG&P LNG
Florida-based investment and asset management firm Nebula Energy LLC has bought a majority stake in AG&P LNG.
7:00 PM EST | January 31, 2024
India's Gail Closes 10-Year LNG Supply Deal with Adnoc Gas
Under the agreement, deliveries will begin in 2026 and continue for 10 years across India.
7:00 PM EST | January 30, 2024
QatarEnergy Inks Long-Term LNG Supply Deal with Excelerate
Under the agreement, Excelerate will purchase up to one million mtpa of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years.
7:00 PM EST | January 29, 2024
Industry Claims Climate Blow, Activists Hail Win as US Restricts LNG Export
The API is leading an industry push against Biden's LNG export moratorium, accusing the government of backpedaling on its climate commitment, though climate campaigners welcomed the move.
7:00 PM EST | January 28, 2024
Europe Demand to Drive $223B Gas Investment in Next Decade: Study
Two US LNG companies - Venture Global LNG and Cheniere Energy - are set to lead spending on new developments going forward.
7:00 PM EST | January 28, 2024
Inpex Bags 5 Norway Licenses, Ups Stake in Ichthys LNG
The licenses are also expected to help make the company's upstream business more resilient.
7:00 PM EST | January 21, 2024
ExxonMobil Raises Offtake from Mexico LNG Project to 3.2 MMtpa
Mexico Pacific signed a third offtake agreement with ExxonMobil for an additional 1.2 MMtpa of supply from a proposed LNG project in Mexico.
7:00 PM EST | January 16, 2024
Tourmaline Enters 2024 with High Production Figures, Inks Two LNG Deals
Tourmaline ended 2023 with an average daily production of over 600,000 boepd.
7:00 PM EST | January 16, 2024
Texas LNG Inks Tolling Agreement with EQT
The HOA is expected to be finalized into a definitive 15-year tolling agreement for 0.5 million tons per annum of LNG.
7:00 PM EST | January 14, 2024
KN Bags Management Contracts for 4 German LNG Terminals
KN Energies AB signed a two-year contract with Deutsche Energy Terminal GmbH for the commercial management of four German LNG terminals on the North Sea coast.
7:00 PM EST | January 11, 2024