LNG/LPG News


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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.

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.

Stepping On The Gas: China's Truckers Scramble To Meet LNG Demand
Tuesday, November 07, 2017 Li Ruipeng's phone has been ringing off the hook with factories and hotels looking to get their hands on prompt supplies of gas.

PetroChina, Beijing Firm Doubling LNG Storage in Caofeidian as Demand Rises
Monday, November 06, 2017 China is facing a natural gas supply crunch this winter.

Egypt to Award LNG Tender to Gas Natural Fenosa,Swiss Traders-Trade Sources
Monday, November 06, 2017 Egypt is expected to award its 12-cargo LNG tender to Spain's Gas Natural Fenosa and three Swiss-based trading houses, trade sources said.

Influx of LNG Seen Benefiting European Gas Producers
Friday, November 03, 2017 Surging imports to Europe of liquefied natural gas (LNG) are driving down prices.

As China Faces Winter Gas Crunch, LNG Prices Soar
Friday, November 03, 2017 China is hoovering up liquefied natural gas (LNG) cargoes worldwide.

Nikkei: Petronas To Observe Japan Ruling On LNG Destination Clause
Wednesday, November 01, 2017 The top executive of Petronas says it will 'observe' a ruling by Japanese regulators that sellers of LNG should not force restrictions on reselling LNG cargoes.

Japan's Osaka Gas Plans Resales Of 3 Million Tonnes Of LNG By 2020
Wednesday, November 01, 2017 Osaka Gas plans to raise its resales of LNG to third parties to 3 million tonnes a year by 2020, a top executive says.

Australia's Origin Energy Quarterly Output Revenue More Than Doubles
Tuesday, October 31, 2017 Australia's Origin Energy Ltd says its quarterly gas production revenue rose 58 percent from a year ago.

Australia's Wheatstone LNG Facility Exports First Cargo To Japan
Tuesday, October 31, 2017 Australia's Wheatstone LNG project, after starting production earlier this month, has shipped its first export cargo to a buyer in Japan.

Hot Air? US Gas Exporters Rush to Sell LNG to China
Monday, October 30, 2017 US gas exporters and traders are aiming to grab a bigger chunk of the lucrative, growing business of exporting gas to China.

China Industrial Heartland Factories Struggle with Soaring Gas Costs
Monday, October 30, 2017 China meets some of its natural gas demand domestically but the country is importing more LNG to make up the shortfall.

A Chilled 'Thank You': Russia to Send China First Arctic LNG
Friday, October 27, 2017 Russia's Yamal LNG plans to send its debut cargo to China as thanks for its support.

Russian Tender Award Stokes Fresh Asian Price Rally
Friday, October 27, 2017 Asian spot LNG prices rose this week after a tender award from a Russian export plant set a bullish tone, reversing losses from earlier in the week.

Indian Oil Aims For LNG Import Capacity Of 13.5 Million Tonnes In 5 Years
Friday, October 27, 2017 Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of LNG in five years.

Giant Gas Tanker Sails to Turkey to Prevent Repeat of Shortage
Wednesday, October 25, 2017 Turkey is getting a giant helper to avoid last December's gas shortages.

JERA's New LNG Contract With Petronas Foretells Smaller, Shorter Deals
Wednesday, October 25, 2017 Petronas signs a three-year LNG supply agreement with JERA.

Thailand Looks To Boost LNG Imports As Local Output Dwindles
Wednesday, October 25, 2017 Thailand expects a seven-fold increase in the amount of LNG it imports via long-term contracts.

Pertamina: Indonesia To Become LNG Importer In 2020 As Population Grows
Wednesday, October 25, 2017 Indonesia is expected to become a net importer of liquefied natural gas in 2020 as its population grows.

Gunvor, Gas Natural Fenosa Submit Lowest Bids In Pakistan LNG Tender
Tuesday, October 24, 2017 Gunvor and Gas Natural Fenosa put in the lowest bids in a tender to supply Pakistan with LNG cargoes.

Total's Pouyanne Says Company in Talks to Buy Engie LNG Assets
Tuesday, October 24, 2017 Total is in discussions about buying liquefied natural gas assets from former French gas monopoly Engie.

Asian Prices Drop On Wary Buyers And Lackluster Egyptian Demand
Friday, October 20, 2017 Asian spot LNG prices fell this week.

Egypt Calls for Less LNG in Tender as Domestic Gas Boost Looms
Friday, October 20, 2017 Egypt is paring down its requests for liquefied natural gas.

Eni Looks To Strengthen Ties With Rosneft, Maybe In LNG
Thursday, October 19, 2017 Eni is keen to strengthen ties with Rosneft and could forge a partnership in the LNG sector.

Statement: Indonesia To Extend Inpex's Masela LNG Contract By 27 Years
Thursday, October 19, 2017 Indonesia has agreed with Inpex to extend the company's contract to operate the Masela natural gas field by up to 27 years.

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