LNG

The Latest

  • Foreign Shareholders Suspend Involvement in Russian Arctic LNG Project Amid Sanctions
    An LNG tanker
    According to a report from Russia's "Businessman Newspaper" on December 25, foreign shareholders, including Total Energies, China National Petroleum Corporation (CNPC), and China National Offshore Oil Corporation (CNOOC), have declared force majeure due to U.S. sanctions.
  • Europe Faces Soaring Natural Gas Prices Amid Australian LNG Strike Fears
    An LNG tanker
    The global liquefied natural gas (LNG) supply could be disrupted if workers at Australia's Woodside Energy decide to strike due to unresolved labor disputes with the company. On Tuesday, European natural gas futures surged by as much as 18%, reaching a peak of 40.7 euros per megawatt-hour.
  • Germany's Green Energy Future: A 20-Year Agreement with U.S. LNG Supplier Amid Russian Supply Cuts
    An LNG tanker
    Amid threats of a complete cessation of Russian gas supplies, Germany has inked a long-term import agreement for liquefied natural gas (LNG) with the U.S. The deal was signed on Friday, June 23, between Securing Energy for Europe (SEFE), a fully government-owned German company, and U.S.-based LNG supplier Venture Global LNG.
  • Shell Exits Russia, Joins BP As Oil Titans Condemn Ukraine Invasion
    EV CHARGERS
    Shell said exiting Russian joint ventures will result in impairments.
  • U.S. Overtakes Qatar As World's Largest LNG Exporter
    An LNG tanker
    The U.S. became the world's largest exporter of liquefied natural gas as demand in Europe and Asia surges.
  • Asian LNG spot price reaches record high of $34.47/mmbtu - Platts data
    GAS GIANT
    Asian liquefied natural gas (LNG) spot price rose to a record high on Thursday on the back of robust demand for the super-chilled fuel and low supply.
  • China State Shipbuilding Signs $2.8 Billion Deal with Qatar National Oil Firm
    China State Shipbuilding
    CSSC's subsidiary Hudong-Zhonghua Shipbuilding will be manufacturing an undisclosed number of LNG carriers for Qatar Petroleum.
  • Sinopec On Track To Complete Largest LNG Terminal In Tianjin
    China Petroleum and Chemical Corporation
    Once completed, the LNG terminal in Tianjin will have an annual receiving capacity of 10.8 million metric tons and a supply capacity of 13.6 billion cubic meters.
  • China’s LNG Imports Could Double To 111 Million Tons
    China's Natural Gas Imports To Rise Unaffected By Trade Issues
    China’s need for natural gas and the accompanying infrastructure are to rise even with the ongoing trade issues.
  • Shanghai Shipyard Rolls Off World's Largest LNG-Powered Container Vessel
    China port
    The newly completed CMA CGM Jacques Saade is an ultra-large LNG-powered container vessel with a carrying capacity of 23,112 TEU.
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