LNG export news
Santos upgrades 2025 production target
Santos has lifted its 2025 production target to 120 million boe, more than double 2018’s output.
France reports full gas storage ahead of winter
GRTgaz and Terega have reported that France has stored sufficient gas to see it through the winter, even in the event of a particularly cold snap.
Yamal LNG ships first LNG cargo to Bangladesh
Yamal LNG has shipped its first cargo of LNG to Bangladesh, in accordance with its long-term offtake agreement with Total.
PGNiG enters small scale LNG market in Lithuania
For a period of five years, Polish Oil and Gas Company (PGNiG) will be the sole user of the small scale LNG reloading station in Klaipeda.
German gas imports rise
Germany’s gas imports have increased by 25.6% year-on-year in the first nine months of 2019.
Pertamina to transfer its foreign gas trade business
PT Pertamina is aiming to transfer its foreign gas trade business to PT Perusahaan Gas Negara (PGN) as soon as possible.
Asian LNG prices weighed down by oversupplied spot market
Asian LNG spot prices continue to be negatively impacted by the growing supply glut.
Gunvor enters LNG agreement with Commonwealth LNG
Gunvor has announced that it has entered into a strategic LNG marketing and gas supply agreement with Commonwealth LNG in relation to Commonwealth’s LNG export project in Cameron Parish, Louisiana, US.
Qatar’s LNG capacity to hit 126 million by 2027
According to Qatar Petroleum’s chief executive Saad al-Kaabi, Qatar’s LNG production capacity will be expanded to 126 million tpy by 2027.
Elengy and Rubis Terminal to build LNG storage facility in Alsace
Elengy and Rubis Terminal have signed an MOU to launch preliminary studies for the development of an LNG storage facility at the Reichstett (Bas-Rhin) storage terminal.