Naturgy could declare force majeure on Russian LNG imports
Spain's energy company, Naturgy has €10.95 bill tied up in Russian LNG purchase commitments that may be affected from 2027 by the European Union ban on Russian LNG, according to its annual report.
Russia to further co-operate with China on LNG projects
Russian President, Vladimir Putin has signed a law ratifying a protocol between his country and the Chinese government containing additional favourable terms for LNG project co-operation.
Technip gains Qatar’s North Field West construction contract
French engineering group, Technip Energies, as the joint venture lead involving Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major* engineering, procurement, construction and commissioning (EPCC) contract by QatarEnergy for the North Field West’s (NFW) onshore facilities.
Energy majors seek service vessels for two Mozambique gas projects
Developers of the two large Mozambique projects, energy giants, TotalEnergies and ExxonMobil, have called for expressions of interest (EOIs) to provide maritime services for Area 1 (Mozambique LNG), led by the French company, and Area 4 (Rovuma LNG), led by its US counterpart.
They anticipate the movement of 400 LNGCs annually in the Afungi Peninsula, Cabo Delgado, northern Mozambique, and have issued a joint tender to hire seven support vessels and tugs.
Rovuma is still awaiting a final investment decision (FID), although the joint procedure is already underway.
These services include, in addition to personnel, five tugs with 80 tonnes of static traction, a pilot boat, and two workboats.
The tender projects the annual movement of 160 LNGCs and 10 condensate tankers for Area 1, and 220 LNGCs and 15 condensate tankers for Area 4.
UK sanctions against Russian LNG sector not disruptive - campaigners
Included in the UK’s largest sanctions package against Russia since the early months of the Ukraine war, is the LNG sector.
Woodside to progress projects this year
Australia’s oil and gas producer, Woodside Energy has reported record production of 198.8 mill barrels of oil equivalent, or 545 mill barrels per day, for 2025.
Cheniere celebrates 10 years of LNG exports
Houston-based Cheniere Energy has celebrated the 10th anniversary of its first LNG export cargo.
MET and Shell sign US LNG co-operation MoU
MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and Shell Global LNG have signed a non-binding memorandum of understanding (MoU) to expand their existing long-term co-operation in LNG and gas trading.
SK Innovation ships first Barossa cargoes
Following several delays, South Korea’s energy company, SK Innovation E&S has shipped its first LNG cargo from Australia’s Barossa project to Japan.
The gas was transported to the nearby Darwin LNG terminal for liquefaction.
A second cargo bound for South Korea was also liquefied at the Darwin facility, the company, part of the SK Group, said.
This also marked the first time a private South Korean company has produced LNG through an overseas resource development project.
SK Innovation said it expected to secure 1.3 mill tonnes of LNG annually from the Barossa field over the next 20 years, which is equivalent to around 3% of South Korea's annual LNG imports.
The company acquired a 37.5% stake in the project in 2012. Australian energy producer Santos holds a 50% stake, and Japan's largest power generator JERA owns the remaining 12.5% in Barossa.
The three companies have jointly invested about Won2 trill ($1.6 bill) in the project, involving activities ranging from gas reserve assessments to the construction of production facilities, the company added.
EXIM backs Hartree’s Turkish LNG deal
The Export-Import Bank of the United States (EXIM) Board has approved a $400 mill export insurance deal to back US LNG exports to Türkiye.
