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By Rakesh Sharma India will need favorable terms to enter into long-term liquefied natural gas purchase deals with the US as the market is highly price sensitive, according to the chief executive officer of the country’s top LNG importer. “India is looking to source energy at the most competitive and affordable price for consumers,” Petronet …
India’s Top LNG Importer Says Favorable Terms Key to US Deals Read More »
By Curtis Williams Cheniere plans 24 mtpa LNG plant expansion in Texas Expansion to add four new LNG processing trains Cheniere aims for federal approval by May next year HOUSTON, Feb 5 (Reuters) – Cheniere Energy, the largest liquefied natural gas exporter in the U.S., has submitted an application to build a 24 million metric …
Cheniere Submits Application to Build Massive LNG Plant in Texas Read More »
By Julian Hast US natural gas consumers withdrew more gas from storage last week than they ever have before as a powerful late-January storm boosted demand for the heating fuel while also disrupting production across key gas-producing basins. Consumers withdrew 360 billion cubic feet of gas in the week leading up to Jan. 30, the …
Arctic Blast Triggers Largest-Ever US Gas Storage Withdrawal Read More »
By Ron Bousso Qatar’s long-term deal to supply Japan’s power giant JERA with liquefied natural gas highlights two key themes in the red-hot market for this super-chilled fuel: the race to gain market share and the global push for energy security. Qatar’s national oil and gas company QatarEnergy on Tuesday signed a deal to supply …
Japan-Qatar Gas Tie-Up Highlights Global Push for Energy Security: Bousso Read More »
By Priscila Azevedo Rocha Richard Holtum Photographer: Aaron M. Sprecher/Bloomberg Trafigura Group Chief Executive Officer Richard Holtum said the liquefied natural gas industry needs a “bit of innovation” when it comes to financing projects. “I feel sorry for LNG projects in the US,” Holtum said on a panel at the LNG 2026 conference in Doha. …
Trafigura CEO Says LNG Projects Need New Financing Playbook Read More »
(Reuters) – Norway’s Socialist Party has withdrawn its support for a proposal to block Equinor’s Hammerfest liquefied natural gas plant from receiving a planned onshore power connection, clearing the way for the grid development to proceed. Parliament is due on Thursday to vote on an opposition proposal seeking to revoke the LNG plant’s planned link …
Norway’s Socialist Party Backs Down From Threat to LNG Electricity Project Read More »
By Emily Chow and Yousef Saba DOHA, Feb 3 (Reuters) – Malaysia’s state-owned firm Petronas is set to sign a liquefied natural gas supply deal with QatarEnergy as the southeast Asian nation seeks more supplies of the super-chilled fuel, two sources familiar with the matter told Reuters. Petroliam Nasional, or Petronas, will sign a contract …
Malaysia’s Petronas Set to Sign LNG Supply Deal With QatarEnergy, Sources Say Read More »
(Reuters) – Commonwealth LNG said on Tuesday it has signed a 20-year sale and purchase agreement to supply 1 million tons per annum of liquefied natural gas to Mercuria. Under the deal, Mercuria will provide 1 million tons of natural gas per year to Commonwealth, and Commonwealth will convert it into LNG for Mercuria to …
(Reuters) – Exports of liquefied natural gas from the U.S. fell in January to 11.3 million metric tonnes – down from December’s record of 11.5 MT – as a winter freeze late in the month shuttered some plants and lowered output at others, preliminary data from financial firm LSEG show. Gas flows into U.S. LNG …
Winter Freeze Cut US LNG Output in January; Imports From Trinidad Helped Fill Gap Read More »
China’s rapid adoption of electric trucks — which overtook gas-powered vehicle sales for the first time last year — is threatening a key source of demand for the country’s suppliers of the fossil fuel. Sales of heavy-duty trucks powered by batteries and other new energy sources hit a record in December, helping lift the full-year …
China’s Electric Truck Boom Poses New Threat to Demand for LNG Read More »
