In this issue

 

Indian liquefied natural gas imports dropped by more than 7 percent last month as shipments came from regular suppliers such as Qatar and Nigeria, though there were fewer spot deliveries…
BP of the UK and one of India’s largest conglomerates, Reliance Industries, plan to develop two deepwater natural gas fields to bring new production to India at a time when…
Our Asia-Pacific editor Australian LNG export plants performed strongly last month with the established West Coast facilities, North West Shelf, Pluto and Darwin all producing at above contract levels, while…
Qatargas, the world’s largest LNG exporting company, said it signed a new sales agreement with Royal Dutch Shell to deliver up to 1.1 million tonnes to the European energy major…
South Korea is continuing to expand its liquefied natural gas infrastructure as it imports more volumes from new plants in Australia and from other liquefaction and export facilities coming on…
Our Asia-Pacific editor Singapore LNG Corp., the owner of the city-state’s sole liquefied natural gas import terminal on Jurong Island, said it had performed its first small-scale LNG re-loading operation…
Greek company Energean Oil & Gas will become a main East Mediterranean natural gas player from 2020 with the expected start of production from the Karish gas field offshore Lebanon…
Our Asia-Pacific editor Woodside Petroleum, the largest Australian LNG producer, has finally completed its entry into the new oil, gas and LNG province offshore Senegal in West Africa after receiving…
Our Asia-Pacific editor Monadelphous, the Australian engineering company based in Perth, was awarded a A$600 million (US$453M) contract by LNG producer Woodside Petroleum for the provision of gas asset general…
Spain, the largest European importer of LNG, posted a 15 percent increase in shipments last month at its six operating regasification facilities compared with the same period a year ago. 
The Australian APA Group, the Sydney-based company that previously purchased an LNG feed-gas pipeline in Queensland, said it planned to build a new gas pipeline as part of an expansion…
Our Asia-Pacific editor Tokyo Electric Power Co. and Chubu Electric Power have concluded their agreement on the integration into their Jera Co. Inc. joint venture of their fuel receipt, LNG…
Japanese liquefied natural gas imports jumped 13 percent in May compared with a year ago and the cost to Japan of the shipments was $1.13 billion more in terms of…
Our North America editor in New York Two of the largest US shale-gas producers, EQT Corp. and Rice Energy, have agreed to merge in a transaction valued at $6.7 billion…

News Nudges

Russian LNG cargoes

Japan and China remain the biggest buyers of LNG from Russia, whose two export plants are Sakhalin in the Russian Far East and the Yamal plant in Northern Siberia. Shipping data showed that between January and October 2022 Japan bought around 5.96 million tonnes of LNG from Russia, a fall of 10 percent from 2021, while China purchased 5.67MT, an increase of 24 percent from 2021. After Japan and China, the other main buyers of Russian LNG cargoes through October 2022 have been France (4.75MT), Spain (3.24MT), Belgium (1.78MT) and the Netherlands (1.67MT).


Newbuilds increase

Shipyards in China and South Korea have seen orders in the past month for at least eight newbuild liquefied natural gas carriers and one floating storage and regasification unit (FSRU) as the global fleet expands to meet rising demand. The orders include two vessels of 175,000 cubic metres capacity under an order made by German ship management company Hammonia Reederei and to be delivered between 2025 and 2026 from China's Yangzijiang Shipbuilding.


Woodside funding

Woodside Energy, the operator of the North West Shelf and Pluto LNG plants in Western Australia, said it had continued its track record of contributions to the state’s communities with a A$50 million (US$33M) commitment to the Resources Community Investment Initiative (RCII) announced by State Premier Mark McGowan. Woodside Chief Executive Meg O’Neill said Woodside was pleased to join with the WA Government and other industry participants to establish the RCII, which will facilitate investment in infrastructure projects and community and social initiatives across the state.