Latest news from the industry

Amigo LNG signs LNG supply deal with Malaysia’s E&H Energy

Amigo LNG, a subsidiary of Singapore-based LNG Alliance, signed a long-term LNG supply agreement with Malaysia’s E&H Energy, supplying 3.6 MTPA of LNG over

Arrow Energy announce Phase 2 Investment in Surat Gas project in Queensland, Australia

Australia’s Arrow Energy, a joint venture of Shell and PetroChina, announced a Phase 2 investment in the Surat Gas project in Queensland, Australia. The project

India's Petronet Signs 5-Year LNG Supply Deal with Sri Lanka's LTL Holdings

Petronet LNG signed deal to supply LNG to Sri Lankan engineering firm LTL Holdings' power plants in Colombo, with a five-year initial supply through its termina

Karpowership to Invest $1 Billion in LNG-to-Power Project in Mozambique

Karpowership plans a $1 billion investment in LNG-powered electricity infrastructure in Mozambique, providing up to 500 megawatts to the South African Power Poo

Gas shortage in Bangladesh from terminal outage and supplier reluctance for spot LNG

Fuel shortages have shut down several gas and coal-fired units in Bangladesh, driven by the Summit LNG terminal outage and supplier reluctance to provide spot L

Dahej LNG Terminal in India to Increase Capacity

The capacity of Petronet LNG’s Dahej import terminal is being increased from 17.5 MTPA to 22.5 MTPA.

QatarEnergy to Order 10 Q-Max LNG Carriers from South Korea following a contract of 18 Q-Max vessels from China

QatarEnergy plans to order at least 10 Q-Max LNG carriers from South Korean shipyards. This move follows a $6 billion contract with China's Hudong-Zhonghua Ship

UK’s Dragon LNG terminal changes owner

VTTI bought a 50% stake in the Dragon LNG terminal from Ancala. Shell holds the other half. VTTI is also developing a new Dutch LNG terminal.

ADNOC signs new deal on Ruwais LNG volumes

ADNOC and Osaka Gas have signed a long-term agreement for up to 0.8 mtpa of LNG from Abu Dhabi’s Ruwais LNG plant, starting in 2028. This deal, along with previ

Egyptian LNG imports soar above nameplate capacity in the first month of FSRU’s operation

In July 2024, Egypt resumed LNG imports via a new FSRU, operating above capacity to address gas shortages. Most imports came from the U.S., with additional volu

Cheniere signs SPA with Galp for Sabine Pass LNG Stage 5 Expansion

Cheniere Marketing signed a 20-year deal with Galp Trading for 0.5 MMtpa of LNG from the Sabine Pass LNG Stage 5 Expansion, starting in the 2030s. The agreement

Australia’s Woodside to buy Tellurian

Woodside has agreed to acquire Tellurian, developer of the Driftwood LNG project in Louisiana, for $900 million in cash, valuing Tellurian at $1.2 billion. The

NFE launches Altamira LNG production and secures $700 million loan for second unit

New Fortress Energy (NFE) has started LNG production at its first FLNG project off Altamira, Mexico, the fastest large-scale LNG project developed. The first LN

EQT seals binding tolling deal with Glenfarne’s Texas LNG

EQT has secured a 20-year agreement with Texas LNG for 2 mtpa of LNG from the planned Brownsville facility, adding to previous agreements for another 2 mtpa. Te

Japan’s MOL takes delivery of new LNG-powered PCTC

Japan’s MOL has received the LNG dual-fuel car and truck carrier Turquoise Ace from Imabari’s Tadotsu Shipyard. The 7,000-ceu PCTC is part of MOL’s plan to oper

Yamal LNG cargo delivered to China via NSR

Novatek delivered the first Yamal LNG cargo of 2024 to China via the Northern Sea Route. The Arc7 LNG carrier Eduard Toll transported the shipment to CNOOC’s Fu

CPC signs 10 year, 6 MMt SPA with Woodside

Taiwanese NOC CPC and Australian, Woodside Energy signed a 10-year LNG agreement for 6 MMt, starting deliveries immediately. This deal, the first since 2012, su

The Port of Huelva Receives Mercuria's New Generation LNG Vessel from the US for its first call in the Iberian Peninsula

The Port of Huelva welcomed the Puteri Saadong for its first Iberian Peninsula call, unloading 167,300 cubic meters of liquefied natural gas from the US. This s

MET signed Long-term Purchase Agreement with Shell

Switzerland-based MET Group has signed a 10-year FOB LNG purchase agreement with Shell, allowing MET to supply US LNG sourced from Shell to its European custome

BP, Mitsui, Shell, and TotalEnergies to invest in Adnoc’s Ruwais LNG project

BP, Mitsui & Co., Shell, and TotalEnergies each agreed to buy a 10 percent equity stake in Adnoc’s LNG export terminal in UAE’s Al Ruwais. Adnoc will retain

Shell takes FID on Manatee Gas Project to Supply Trinidad’s Atlantic LNG

A unit of Shell has taken the final investment decision for the development of the Manatee gas field in order to supply Trinidad and Tobago’s Atlantic LNG expor

Shenzhen Energy signs long-term LNG deal with Glencore

Chinese state-owned Shenzhen Energy Gas Holding Co has signed a new long-term SPA with Glencore Singapore on 2 July. Under this deal, Shenzhen Energy Gas Holdin

CNOOC Launches China's Largest LNG Storage Base

CNOOC inaugurated China’s largest LNG storage base at its Binhai terminal in Jiangsu, featuring six 270,000 cubic meter LNG storage tanks at the "Yancheng Green

Tellurian Wraps Up $260M Sale to Aethon

Tellurian, developer of the Driftwood LNG export project in Louisiana, has sold its upstream assets for $260 million to Aethon Energy Management and plans to de

Hoegh’s Egypt FSRU gets first LNG cargo

Hoegh LNG’s FSRU Hoegh Galleon received its first LNG cargo in Ain Sokhna, Egypt, starting its charter deal with EGAS from June 2024 to February 2026. This depl

US court reinstates DOE non-FTA LNG export permits

A federal judge in Louisiana has blocked the Biden administration's pause on non-FTA LNG export permits, affecting projects by firms like Sempra, Venture Global

Shell has published its LNG Outlook 2024 on Wednesday February 14

Shell anticipates a raise by more than 50% by 2040 of the global demand for LNG, supported by industrial coal-to-gas switching in China and by increasing use of

Second FSRU to be deployed at Lubmin LNG terminal arrived on site

The 174 000 m3 FRSU Energos Power, chartered by Deutsche ReGas, to be deployed at the port of Mukran for a new floating LNG import terminal located on German is

The Republic of the Congo ships its first LNG cargo from Tango FLNG

The Republic of the Congo joined the ranks of LNG exporters. The country’s first LNG cargo was shipped from Tango FLNG facility, owned and operated by ENI. The

Qatar to raise LNG production to 142 MTPA by 2030

QatarEnergy announced a new LNG expansion project the “North Field West” of a 16 MTPA liquefaction capacity.

Woodside to supply 0.5 MTPA LNG to Kogas

The SPA signed by Woodside and KOGAS should start in 2026 for a period of 10.5 years on a DES basis.

Equinor to supply LNG to Indian Deepak Fertilisers

Equinor and DeepakFertilisers and Petrochemicals Corporation Ltd. (DFPCL) signed a 15-year SPA for the supply of 0.65 MTPA of LNG with deliveries starting in 20

Venture Global booked 3 MTPA capacity at Grain LNG

Grain LNG and Venture Global executed a binding long-term terminal use agreement (TUA) under which Venture Global will access 3 MTPA of LNG storage and regasifi

Chesapeake to offtake 0.5 MTPA from Delfin LNG and deliver to Gunvor

According to the deal Chesapeake will purchase  0.5 MTPA of LNG from Delfin at a Henry Hub price from 2028, then deliver LNG to Gunvor for a period of 20 y

Petronet to offtake 7.5 MTPA from Qatar

QatarEnergy entered into a 20-year LNG SPA with Petronet LNG Limited for the supply of 7.5 MTPA of LNG. LNG will be delivered on a DES basis from May 2028.

Centrica to purchase 1 MTPA from Repsol in 2025-2027

LNG will be delivered to the Grain LNG import terminal in the UK.

Excelerate Energy signed a 1 MTPA SPA with QatarEnergy to supply Bangladesh

Excelerate Energy and QatarEnergy signed a 15-year SPA for the supply 1 MTPA of LNG to Bangladesh on a DES basis. According to the agreement Excelerate will pur

Excelerate Energy signed a 1 MTPA SPA with QatarEnergy to supply Bangladesh

Excelerate Energy and QatarEnergy signed a 15-year SPA for the supply 1 MTPA of LNG to Bangladesh on a DES basis. According to the agreement Excelerate will pur

Grain LNG signs new deal with Sonatrach for 10 years

National Grid’s Grain LNG signed a 10-year agreement with Algerian gas company Sonatrach that will extend the long-term storage and redelivery capacity of Sonat

ADNOC Gas Signs 10-year LNG Supply Agreement with GAIL India Limited

The Abu Dhabi gas company announced on the 30 January a 10-year agreement to supply 0.5 Mtpa of liquified natural gas (LNG) to GAIL India Limited. The LNG deliv

GIIGNL comment on Joe Biden’s decision to pause pending approvals of LNG exports

The decision of the US administration to pause pending approvals has been a surprise for all LNG importers. Even though it can be seen as a temporary measure, i

Shell to offtake 2 MTPA from Ksi Lisims LNG, BC, Canada

Ksi Lisims LNG, a LNG project in British Columbia (Canada) and Shell signed a 20-year LNG SPA for 2 Mtpa on an FOB basis. Co-developed by the Nisga’a Nation, Ro

TotalEnergies initiates force majeure on Russia's Arctic LNG 2

No LNG offtake from Arctic LNG 2 by TotalEnergies is planned for 2024. U.S. sanctions on Arctic LNG 2 were imposed in November 2023.

Exxon to buy another 1.2 Mtpa from Mexico Pacific

Mexico Pacific has signed a third long-term Sales and Purchase Agreement with ExxonMobil LNG Asia Pacific for an additional 1.2 Mtpa of Liquefied Natural Gas (“

Lithuania’s KN to manage German LNG terminals

International energy terminal operator KN (KN Energies AB starting 10th January 2024) won the public tender for the commercial management of four German liquefi

Egypt's Damietta LNG plant has resumed loading cargoes for the first time since July 2023.

A cargo has loaded from the plant on 6 January. Because of domestic demand and lack of feedgas availability, Egypt's plants (Damietta and Idku) halted loading c

The Chinese LNG vessel stranded at APLNG port has been banned by Australia

On the 3rd January 2024, the Australian Maritime Safety Agency has banned for 180 days the ship which had been stranded for 3 weeks in Queenslands. On the 26th

Vitol and GAIL sign long term LNG supply deal into India

GAIL (India) Limited and Vitol Asia Pte Ltd today announced the signing of a Long Term LNG supply deal into India for the annual supply of appro. 1 Mtpa for a p

Shell's Prelude LNG facility resumes operations

On the 18 December 2023, the 3,6 Mtpa FLNG facility operations has resumed after an extensive maintenance launched in August 2023.

Zeebrugge expansion has started operations

The 4.7 Mtpa Zeebrugge expansion came into operation on 1 January. Additional 1.3 Mtpa expansion shoud come online in 2026.&nbsp