LNG NEWS

European natural gas futures dropped to the lowest since the end of July as concerns eased over near-term exports from Russia that travel across Ukraine.

Eni delivered a gas cargo of 90 MMcm to the SNAM regasification terminal in Piombino, Italy, on July 8. Unloading operations took place following the completion of the test phase and mark the beginning of the terminal’s commercial operation.

Santos looks set in as little as one month to shut down its Darwin liquefied natural gas project in Australia’s Northern Territory as feed gas levels from its ageing Bayu-Undan field offshore Timor-Leste fall below the level required for commercial operations.

Australia’s vast liquefied natural gas (LNG) industry is trying to pull off something that seems almost impossible. They want to lead the transition to clean and renewable energy, while at the same time continuing to invest in, and produce fossil fuels.

A protest movement opposing plans for a Shell-backed regasification terminal in the Philippines has come to London to have its voice heard.

Hong Kong received its first ever shipment of liquefied natural gas (LNG) amid a wider push to reduce reliance on coal.

Russia’s inability to purchase liquefaction modules (which enable natural gas to be converted into LNG) will hamper its ambitions, said S&P’s Director of South and Southeast Asia Gas, Zhi Xin Chong.

Delfin Midstream’s wholly owned subsidiary Delfin LNG LLC has finalized a binding Liquified Natural Gas (“LNG”) Sale and Purchase Agreement (“SPA”) with Hartree Partners Power & Gas Company (UK) Limited, a wholly owned subsidiary of Hartree Partners, LP.

Vopak expanding LNG portfolio in Netherlands with an expected €100 million in total equity capital

Hong Kong LNG import project delay reduced attractiveness of Vopak's purchase

Europe has a new benchmark for liquefied natural gas (LNG) which regulators hope will disentangle the market from the kind of price surges witnessed last year.

Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project, which will be executed by Qatargas.

Operator evaluating development options, including LNG, for Indonesia play de-risked by multi-trillion cubic foot Timpan gas breakthrough

According to the International Energy Agency’s Gas Market Report, natural gas markets worldwide continued to tighten last year despite global consumption declining by an estimated 1.6% in 2022. Demand is forecast to remain flat in 2023, but the outlook is subject to a high level of uncertainty, particularly in terms of Russia’s future actions and the economic impacts of fluctuating energy prices.

If sealed, this would be the second such deal between major LNG exporter Qatar and the world's no.2 LNG buyer, as Beijing looks to beef up gas supply and diversify its sources in a drive to replace coal and cut carbon emissions.

With thermal coal and liquefied natural gas (LNG) prices holding close to record highs in Asia, it would be logical to expect demand destruction, especially in developing nations said to be price sensitive. But it isn't happening yet.India, the world's second-biggest coal importer, behind China, saw record arrivals in June of thermal coal, used mainly to generate electricity, according to data compiled by commodity analysts Kpler.

Japan's industry minister Koichi Hagiuda said on Tuesday he will again ask the United States and Australia to boost output of liquefied natural gas (LNG) and ensure a stable supply to the country when he meets his counterparts in Sydney later this week. "I will once again firmly request the United States, a major global LNG producer, and Australia, the largest LNG supplier to Japan, to step up production and ensure a stable supply of the fuel as the global LNG market is tightening in the wake of Russia's invasion of Ukraine," Hagiuda told a news conference.

The Russian government has authorized the temporary lifting of "mirror sanctions" and allowed for 90 days the flow of natural gas supplies from Yamal LNG to Gazprom Marketing & Trading Singapore Ltd, which is part of Gazprom Germany, shows a government decree on Wednesday, Reuters reported.