Liquefaction

Shell subsidiary BG International has announced that it is discontinuing development of the Prince Rupert LNG project.

According to Reuters, INPEX’s Ichthys LNG project has been hit by another contract dispute, involving the termination of over 600 workers.

Australian Prime Minister Malcolm Turnbull is blaming road blocks to gas exploration on the east coast for a looming domestic supply crisis.

Qatargas has announced that it has agreed to increase the volume of LNG which it supplies to Polish Oil and Gas Company to 2 million tpy.

The US may have surpassed Australia and Qatar to become the world’s biggest supplier of LNG by 2035.

Korea Gas Corp will seek flexible contracts to have more leeway to trade its LNG cargoes further down the line.

The latest tender award by Argentina for 20 cargoes seemingly lowered the pricing bar even further.

Tellurian Inc. has selected SG Americas Securities LLC to provide general financial strategy and planning for the development and financing its Driftwood LNG project.

Gazprom has postponed the launch of its Baltic LNG plant in the Leningrad region until 2022 – 2023.

Malaysian oil company Petronas has signed an agreement to supply LNG to Japan's Hokkaido Electric Power Company for ten years.

ExxonMobil has announced that it has signed a sale and purchase agreement with Eni to acquire a 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique.

Nigeria Liquefied Natural Gas Company could unlock three times as much gas as the country's proven reserves if it goes ahead with a proposed expansion plan.

LNG market is becoming more fragmented with a spot market akin to oil.

Global LNG projects must control their costs to be profitable at current LNG prices to compete against coal and renewable power. 

Global LNG projects must control their costs to be profitable at current LNG prices to compete against coal and renewable power.