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LNG

The Gorgon LNG project.

Japanese utilities eye Aussie FLNG project

Osaka Gas has become the second Japanese utility to join Transborders’ FLNG project off Western Australia as Japanese buyers look for smaller, competitively priced volumes.

8 hours ago Asia Pacific

Asian spot LNG prices rise by more than 4%

Prices ended last week at $5.15/MMBtu as buyers in the four big Asian markets prepared for the winter.

10 hours ago Asia Pacific

Australia boosts LNG exports to Asia in 2019

Capacity additions will drive growth in Australia’s LNG market, but a slowdown is imminent.

Yesterday Asia Pacific
LNG bunkering in Zeebrugge

Qatar boosts position in Europe’s LNG market with Zeebrugge booking

Qatar Petroleum has further strengthened its already significant market share in Northwest Europe by booking all the available capacity at the Zeebrugge LNG terminal.

4 days ago Europe & Russia

CNOOC’s Tianjin still China’s top seller for trucked LNG

The facility sold an average of 407 truckloads of LNG last week, nearly double the rate of its nearest rival

5 days ago Asia Pacific
A floating power barge

Mozambique: Africa’s next LNG importer?

Mozambique will be Africa’s next big LNG exporter, but if it pulls off two major new projects it could be the region’s next big importer too.

5 days ago Middle East & Africa
A Mahakam Block drilling rig

Indonesian gas exports set to hit 20-year low

Piped gas and LNG exports from Indonesia are expected to hit a two-decade low in 2019 as NOC Pertamina is struggling to revive falling production from the Mahakam field.

5 days ago Asia Pacific
A tanker at the Incheon LNG terminal

Kogas forges closer LNG ties with Gazprom

South Korea and Russia are developing a partnership in the LNG sector ahead of rising regional demand in Asia on the back of coal-to-gas switching.

5 days ago Asia Pacific
The Euzebio Rocha thermoelectric power plant in Brazil

Brazil auctions offer opportunity for LNG-to-power

LNG-to-power projects have been successful in Brazil’s recent auctions, and this trend looks set to continue.

5 days ago Americas

Chinese LNG prices hold steady

The average price for China’s domestically produced LNG last week was close to where it was the previous week, at $8.81/MMBtu

6 days ago Asia Pacific

Asian spot LNG prices fall as summer draws to close

Power sector gas use is set to fall as Northeast Asia nears the end of the summer cooling season.

10 September 2019 Asia Pacific
An illuminated LNG tanker

PetroChina flags LNG trading ambitions in Pakistan tender

PetroChina’s involvement shows how Chinese gas companies are expanding their roles as LNG traders by engaging in transactions in Asia.

9 September 2019 Asia Pacific

Japan’s LNG imports receive weather boost

Sweltering temperatures and low spot prices are raising Japan’s LNG consumption, with volumes up 31% in July compared with June.

9 September 2019 Asia Pacific
A tanker docked at PNG LNG

Papua LNG one step closer to FID after Total agrees concessions

Total has moved nearer to making FID on the project in early 2020 after agreeing a series of last-minute concessions with PNG’s new government.

6 September 2019 Asia Pacific
The Malampaya project in the Philippines

First Gen eyes first Philippine LNG imports in 2021

The company has accelerated plans for the country’s first LNG imports, which it will aim to secure through short-term deals.

6 September 2019 Asia Pacific

CNOOC takes top three spots for Chinese trucked LNG sales in August

The company’s Tianjin, Zhuhai and Ningbo terminals sold a combined average of 843 tanker trucks of LNG per day last month

5 September 2019 Asia Pacific
Australia's Darwin LNG plant

Investors see rising climate risks in Aussie LNG

As global emissions continue to increase, climate risk is rising up the agenda of Australia’s financial community, which is worrying that investment in fossil fuels could be jeopardised.

5 September 2019 Asia Pacific
Skyscrapers in Beirut, Lebanon

Beirut eyes FSRU as power plans advance

Lebanon is planning to kickstart an ambitious gas-fired power expansion, but it must first answer questions over how it will integrate LNG supplies with the new plants.

5 September 2019 Middle East & Africa
Höegh Grace in Cartagena

Colombia’s second LNG terminal makes progress

A second LNG terminal in Colombia would boost security of supply, but concerns over financing remain one of several obstacles for the project.

5 September 2019 Americas

LNG prices fall in China as plants cut inventories

The average price was down by 3.5% as 46 Chinese LNG plants reduced their prices.

4 September 2019 Asia Pacific

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