UK’s LNG Imports Jump To Highest Since 2015
The UK is on track to import this month its highest volume of liquefied natural gas (LNG) since October 2015, as a wave of new global LNG supply and muted Continue Reading
LNG producers must avoid over-reliance on Chinese demand growth: executives
Liquefied natural gas (LNG) producers must avoid becoming over-reliant on the strong Chinese demand growth seen in the past two years and should intensify efforts to broaden their marketsThe warnings Continue Reading
Sabine Pass Project Hits Milestone
Cheniere Partners says the newest SPL train was completed ahead of schedule and within budget. Train 5 of the Sabine Pass Liquefaction (SPL) Project in Cameron Parish, La., achieved the Continue Reading
LNG To Win Big In U.S.-China Trade Deal
The U.S. and China are closing in on a trade deal, and the result could be a lot more U.S. LNG heading east. Reports suggest that Trump is eager to Continue Reading
Cheniere, Sinopec in talks for long-term LNG supply contract: source
US-based LNG exporter Cheniere Energy is in talks with China’s state-run Sinopec about a long-term LNG supply agreement, with the parties awaiting further instructions from government authorities, a source with Continue Reading
Russia’s Novatek completes sale of 10% stake in Arctic LNG 2 to Total
Moscow — Russian independent gas producer Novatek said late Wednesday that it has closed a deal to sell a 10% stake in the Arctic LNG 2 project to its long-term Continue Reading
Russian LNG Is About To Transform European Gas Markets
Russia has long been established as a crucial component of most European natural gas import portfolios, with most imports received via pipeline through the Yamal-EuroPol pipeline (Poland) or the Baumgarten Continue Reading
Asian LNG Prices Continue To Tumble
Even if you just casually follow global energy news, you can’t help but notice that liquefied natural gas prices (LNG) in Asia keep dropping. Last week, prices for the super-cooled Continue Reading
Mexico LNG Contract Goes to KBR
Mexico Pacific Limited is pursuing a mid-scale LNG export project in Mexico’s Sonora state. Mexico Pacific Limited (MPL) has awarded KBR, Inc. a pre-front end engineering design (pre-FEED) contract for Continue Reading
LNG Oversupply May Be Looming
Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to Continue Reading
Shell Sees Global LNG Trade Spiking This Year
More developments are underway that show just how far global liquefied natural gas (LNG) markets have progressed in the last five years. Until recently, the super-cooled fuel was mostly bought Continue Reading
Global LNG trade to rise 11 percent this year: Shell
Global liquefied natural gas (LNG) trade will rise 11 percent to 354 million tonnes this year as new facilities increase supplies to Europe and Asia, Royal Dutch Shell said in Continue Reading
Indian LNG Importer Might Join Louisiana Project
India’s largest LNG importer might join Driftwood. Petronet LNG Limited INDIA (PLL) may invest in Tellurian Inc.’s proposed Driftwood LNG liquefaction and export facility near Lake Charles, La., Tellurian reported Continue Reading
Germany Set To Build LNG Terminals Amid European Gas Battle
Germany will likely build two terminals to import liquefied natural gas (LNG), Economy Minister Peter Altmaier said on Tuesday, in a move to appease the U.S. while Berlin also supports Continue Reading
US crude, LNG exports at stake in latest round of US-China trade talks next week
Top US energy and agriculture officials will return to China next week for the latest round of trade talks that could signal whether crude and LNG flows will pick up Continue Reading
Uncertainty Continues For LNG Markets
‘King Coal’ dominated the energy mix during the industrial revolution of the 19 th century. The replacement of the steam engine by the internal combustion engine made oil the most Continue Reading
Mozambique LNG Increasingly Appealing For International Players
Tokyo Gas Co, Japan’s largest gas utility and a major LNG player, and British energy supplier Centrica agreed on Tuesday to jointly purchase 2.6 million tonnes of LNG per year Continue Reading
Cameron LNG export terminal ‘very close’ to startup: project officials
Storage tanks already cool from decade-oil import Sempra Energy’s Cameron LNG export terminal is “very close” to startup and could be ready to begin producing LNG in the next few Continue Reading
Will anything slow down the U.S. LNG juggernaut?
It is the legally mandated purpose of a for-profit corporation to make money for its owners and to prioritize that goal above all else. So, it is no surprise that Continue Reading
Qatar, Exxon to proceed with $10 billion Texas LNG project
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility Continue Reading
Analysis: China LNG demand growth to slow in 2019
Singapore — China LNG demand is expected to rise further this year in line with its industrial and residential gas use, but the pace of that growth is set to Continue Reading
Exxon Signs Up For Germany LNG Project
Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports , citing the German company. The Wilhelmshaven project Continue Reading
Nearly $1B Awarded for Canada LNG Project
The British Columbia project will boast unimpeded access to LNG customers in Asia. Contracts and subcontracts totaling more than 937 million Canadian dollars (CA$) (US $705.3 million) have been approved Continue Reading
WoodMac: LNG Glut Not Likely In 2019
With the millions of tons in new liquefied natural gas capacity coming on stream these days, many have begun worrying about an oversupply that would pressure prices to uncomfortably low Continue Reading
Why 2019 Will Be A Record Breaking Year For LNG
Last year saw a rise in the importance of environmentalism and the overall attention for cleaner energy sources. In contrast to the unilateral U.S. withdrawal from the Paris Climate Agreement, Continue Reading
U.S. LNG producers face risk unless trade war resolved: energy group
The nascent U.S. liquefied natural gas export industry has been particularly vulnerable to the U.S.-China trade war, the head of the American Petroleum Institute industry group said on Tuesday, adding Continue Reading
Alaska gives Chinese more time to consider LNG deal
— Negotiations began in November 2017 Trade tensions between US and China adding complications Alaska has extended a deadline for Chinese companies to agree on LNG purchases and financing for Continue Reading
Will Exxon Greenlight This Huge LNG Project?
Exxon has secured long-term purchasing commitments for liquefied natural gas from its Rovuma project in Mozambique, moving closer to a final investment decision on a facility that will add as Continue Reading
LNG Project Sanctions Set to Surge in 2019
Uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 mtpa by 2030. Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase Continue Reading
Amid Export Boom, US Continues Importing Natural Gas
The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria has berthed at the Continue Reading
Cold Spell Boosts Asian LNG Imports
Cold weather and China’s consistent gasification efforts pushed liquefied natural gas imports into Northeastern Asia to a record-high, Reuters reports , citing data from its Refinitiv Eikon service. Since the Continue Reading
LNG imports into Northeast Asia climb to record high in December
Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China’s continued gasification push, and as the region faces colder-than-usual temperatures Continue Reading
World’s largest floating LNG platform starts production in Australia
Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating production structure and the last Continue Reading
Exxon Suspends Canadian WCC LNG Project
ExxonMobil has withdrawn its Canadian liquefied natural gas (LNG) export project WCC from an environmental impact review, effectively meaning that the plan has been shelved. The WCC LNG project, led Continue Reading
North America LNG Rebound to Continue in 2019
North America should lead an expected record year for global LNG project sanctions in 2019, predicts Wood Mackenzie. North America should lead an expected record year for global liquefied natural Continue Reading
Asian LNG Demand To Quadruple By 2030
The biggest buyers of liquefied natural gas (LNG) in Northeast Asia—which account for more than half of the world’s LNG market—could see their total uncontracted demand rising fourfold by 2030, Continue Reading
Cheniere Energy exports first cargo from LNG terminal in Texas
Netbacks suggest Europe may be best bet for destination Three major liquefaction facilities now in operation in US Houston — A tanker loaded with the first cargo from Cheniere Energy’s Continue Reading
The Race Is On For Philippines’ First LNG Terminal
News coming out of the Philippines is that yet another group of companies is trying to be the first to build a working liquefied natural gas (LNG) receiving terminal in Continue Reading
China-U.S. Ceasefire Paves Way For New LNG Projects
News broke on Saturday that the U.S. and China had reached a ceasefire in its ongoing trade war after President Trump met with Chinese President Xi Jinping at the G20 Continue Reading
The Biggest Threat To Australia’s LNG Sector
Demand for natural gas is rising fast. The relative clean nature of the fuel, abundance, and geographic distribution make it a good alternative to pollutant coal and intermittent renewables. The Continue Reading
Pipelines look to increase feedgas to Cheniere’s LNG terminals
US regulators have given the go-ahead to pipeline operators Kinder Morgan and Williams to start up facilities that will boost the amount of available feedgas to serve Cheniere Energy’s LNG Continue Reading
U.S. slams Russia’s Yamal LNG transfers in Norwegian waters
Allowing ship-to-ship transfers in Norwegian waters from Yamal in Arctic Russia, one of the world’s largest liquefied natural gas (LNG) terminals, undercuts Europe’s energy diversification efforts, the U.S. State Department Continue Reading
Russia nears start-up of its first LNG import facility at Kaliningrad
Russia’s Gazprom Neft is gearing up to start operations at the Kaliningrad floating storage and regasification unit terminal, the country’s first LNG import facility, with the 174,000 cu m vessel Continue Reading
Russia Outmaneuvers U.S. LNG
For years, boosters of U.S. LNG have trumpeted the fact that gas exports from the Gulf of Mexico could break Russia’s grip on the European energy market. That has yet Continue Reading
Three Reasons Why LNG Prices In Asia Are Plunging
Prices for liquefied natural gas (LNG) remain weak going into what forecasters are claiming will be a warmer than usual winter season in the Northern Hemisphere. In fact, last week Continue Reading
Cheniere ramps up feedgas deliveries to LNG export terminal in Texas
Data suggests full cargo could be ready soon Europe may provide more bang for the buck than East Asia Houston — Cheniere Energy appears to be getting closer to having Continue Reading
Global LNG supply gap could hit ‘sooner than expected’: GIIGNL chief
The global LNG market could move into a state of undersupply earlier than expected, the head of industry body GIIGNL warned Thursday. Jean-Marie Dauger, speaking at the Petrostrategies gas conference Continue Reading
Argentina To Start First-Ever LNG Exports In 2019
Argentina will be joining the ranks of exporters of liquefied natural gas (LNG) next year when it stars exporting gas from its Vaca Muerta shale play. Argentina’s energy firm YPF Continue Reading
South Korea Dominates Global LNG Shipping Market
South Korea is continuing to hold its dominant position in tanker delivery of liquefied natural gas (LNG) by winning major shipping orders over the next three years valued at more Continue Reading
Florida LNG Project Clears Hurdle
An aerial rendering of the Jacksonville Export Project. SOURCE: Business Wire The U.S. Federal Energy Regulatory Commission (FERC) has granted Eagle LNG Partners a draft environmental impact statement (DEIS) for Continue Reading