The global LNG market is expanding by 3% every year, growing at a faster pace than the overall natural gas market, Wael Sawan, chief executive officer of the world’s top LNG trader, Shell, said at an LNG conference in Doha, Qatar.
French energy giant TotalEnergies has restarted construction of a $20 billion liquefied natural gas (LNG) project in Mozambique after being forced to pause operations indefinitely due to escalating violence in the region, according to Al Jazeera.
The Mozambique LNG project is a landmark development in the country’s emerging natural gas sector, aiming to monetise significant offshore gas reserves discovered in Area 1 of the Rovuma Basin.
UK-based supermajors Shell and BP are seeking U.S. licenses to develop gas fields that Trinidad and Tobago shares with Venezuela, the Caribbean island’s Energy Minister Roodal Moonilal said on Wednesday.
Several energy companies imported liquefied natural gas into the United States, with the unusual move prompted by surging demand for energy and heating pushing gas prices to all-time highs.
Atlantic LNG in Trinidad and Tobago will begin decommissioning one of its four liquefaction trains in Q4 2026 due to a shortage of feed gas, Reuters reported on Tuesday.
Santos Ltd and its partners have shipped the first cargo from the Darwin LNG life extension project in Australia’s Northern Territory.
XRG will increase its equity position in the Rio Grande LNG export project in Texas, expanding its exposure to one of the world’s largest LNG developments and strengthening its North American gas portfolio.
India’s liquefied natural gas importers are holding up some deals spanning decades as they push to lock in cheaper prices, hoping that a surge in supply will tilt negotiations in their favor.
Saudi Aramco signed a long-term supply deal with Commonwealth LNG, Reuters has reported, citing unnamed sources in the know. The size of the annual shipments will be 1 million tons.