TotalEnergies announces progress on Papua New Guinea LNG project
PARIS – French company TotalEnergies announced on Wednesday progress regarding its plans for a liquefied natural gas (LNG) project in Papua New Guinea. TotalEnergies said its Papua LNG joint venture had decided…
Exclusive: China firms in advanced talks with Qatar for gas field stakes, LNG offtake – sources
By Chen Aizhu SINGAPORE – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world’s largest liquefied natural gas (LNG) project…
Goldman maintains natgas price forecast, awaits more information about Freeport LNG outage
(Reuters) – Goldman Sachs maintained its $6.80/$5.60 Henry Hub and 89/86 EUR/MWh TTF Sum22/Win22-23 price forecasts after the Freeport LNG outage, noting that the duration of the outage would be key. “If…
Freeport LNG fire cuts key source of U.S. gas supply to Europe, Asia
By Marwa Rashad LONDON (Reuters – An at least three-week shutdown at Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), is expected to delay…
Freeport LNG plant blast adds to strain on global supplies
By Liz Hampton, Sabrina Valle and Scott DiSavino HOUSTON -Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least three weeks…
Chesapeake Energy aims to expand push into LNG with market adviser
By Liz Hampton (Reuters) – Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing, as it seeks to expand into the fast-growing…
Germany ramps up capacity for LNG imports to replace Russian gas
(Inserts dropped word ‘time’ in 2nd paragraph) By Vera Eckert FRANKFURT -Germany took steps to ramp up liquefied natural gas (LNG) imports on Thursday as it moves away from piped Russian supply,…
Argentina seeking $10 billion investment to jump-start LNG exports, minister says
By Eliana Raszewski BUENOS AIRES – Argentina, battling a deep and costly energy deficit, is looking to attract some $10 billion in private investment to help it jump start exports of liquefied…
Rising calls for U.S. LNG revive stalled export projects, but at higher costs
By Marcy de Luna HOUSTON – Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track. But…
Analysis-Biden plan to aid Europe with LNG poses risk to US climate goals
By Nichola Groom and Valerie Volcovici WASHINGTON – U.S. President Joe Biden’s plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region’s dependence on Russian fuel risks undermining…
Russia’s LNG plans face rethink after EU sanctions on equipment -analysts
(Reuters) – Russia will need to rethink its aim of a 20% share of the global LNG market after EU sanctions targeted equipment it needs to expand production, analysts said. Russia had…
ExxonMobil suspends Russian Far East LNG project – Interfax
(Reuters) – ExxonMobil has suspended its liquefied natural gas project in Russia’s Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit…
Europe’s appetite for U.S. gas fast-tracks two new LNG projects
By Marcy de Luna HOUSTON – Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives up demand…
U.S. to sell more LNG to Europe to help it cut dependence on Russia – Biden
BRUSSELS – The United States will supply more liquid natural gas (LNG) to the European Union to help it reduce its reliance on gas supplies from Russia, President Joe Biden said on…
U.S. LNG will help reduce EU’s Russian gas dependency, von der Leyen says
BRUSSELS – The commitment by the United States to deliver additional liquefied natural gas (LNG) to the EU is a big step towards making Europe less dependent on Russian gas, EU Commission…
Analysis – Thailand faces perfect storm as it seeks more LNG supply
By Chayut Setboonsarng BANGKOK – A global energy crunch is sending liquefied natural gas prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its…
Global LNG demand growth shifts from Asia to Europe on Russia sanctions
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to the super-chilled…
Venture Global to ship first fuel from new Louisiana LNG plant
By Marcy de Luna HOUSTON – A liquefied natural gas tanker that has been docked at Venture Global’s Calcasieu Pass export terminal in Louisiana since early February is nearly loaded, according to…
High prices, volatility driving more long-term contracting of U.S. LNG – Cheniere
HOUSTON – U.S. liquefied natural gas producer Cheniere Energy Inc. on Thursday said high prices and an “extremely volatile” global market are driving more long-term contracts of LNG volumes. The company, which…
LNG market supply-demand balance to remain tight in 2022, says Shell
By Marwa Rashad and Ron Bousso LONDON -The global liquefied natural gas (LNG) market is expected to remain tight this year following last year’s volatility which saw demand rise 6% and gas…
Explainer-Should Europe use more long term LNG contracts?
By Marwa Rashad LONDON – The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about the…
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