Tag: LNG

Energy, Oil & Gas

Oil, LNG vessels exit hormuz for Pakistan, China

Two liquefied natural gas tankers passed through the Strait of Hormuz on Monday ( May 25) heading to ‌ route to Pakistan and China, while a supertanker carrying Iraqi crude for China departed the Gulf on Saturday after being stranded for nearly three months, according to shipping data cited by Reuters....

Energy, Oil & Gas

BOTAS, Edison sign MoU to explore gas, LNG cooperation

Turkey’s state-owned energy company BOTAS has signed a memorandum of understanding with Italian energy firm Edison to explore potential cooperation opportunities in natural gas and liquefied natural gas (LNG), the companies said....

Energy, Oil & Gas

Eni secures long-term Indonesia LNG agreements

Eni signed three long-term LNG agreements in Indonesia covering South Hub and North Hub projects in the Kutei Basin, securing about 2 MTPA supply via Bontang LNG facilities....

Energy, Oil & Gas

QatarEnergy, Egypt agree gas cooperation deal

QatarEnergy signed an MoU with Egypt and ExxonMobil to explore Cyprus gas development and commercialisation via Egypt’s LNG infrastructure, strengthening Egypt’s role as an Eastern Mediterranean gas hub....

Energy, Oil & Gas

Europe to source two-thirds of its LNG imports from US in 2026

Europe is increasing reliance on US LNG, projected to supply two-thirds of imports in 2026, potentially becoming the EU’s main and costliest gas source amid shifting global supply, according to Institute for Energy Economics and Financial Analysis (IEEFA)....

Energy, Oil & Gas

Mideast crisis disrupts global LNG markets, supply growth: IEA

Middle East conflict disrupted global natural gas markets, cutting nearly 20 per cent of LNG supply via the Strait of Hormuz, causing supply shocks, uncertainty, and sharp price increases worldwide, according to the International Energy Agency’s (IEA) latest quarterly gas market report. ...

Energy, Oil & Gas

QatarEnergy marks first LNG export from Golden Pass project

QatarEnergy marked its first LNG export from the Golden Pass project in Texas, a joint venture with ExxonMobil, as a milestone toward full operations, with cargo loaded onto the new 174,000-cubic-meter Al-Qaiyyah carrier....

Energy, Oil & Gas

Morocco gas plan reset to unlock new investment opportunities

Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development, said industry experts. ...

Energy, Oil & Gas

QatarEnergy, ExxonMobil JV marks first LNG output at Golden Pass

Golden Pass LNG, a QatarEnergy-ExxonMobil joint venture, achieved first LNG production from its first train, advancing operations at its 18 million tonnes-per-year Sabine Pass, Texas facility and paving the way for its first cargo delivery....

Energy, Oil & Gas

QatarEnergy says it needs to declare force majeure on some LNG contracts

QatarEnergy said on Tuesday (March 24) ​it had ​determined that it needed ‌to ⁠declare force majeure on some of its affected ​long-term ​LNG ⁠supply contracts, with counterparties ​including customers ​in ⁠Italy, Belgium, South Korea, and ⁠China....

Energy, Oil & Gas

Iran attacks wipe out Qatar’s 17pc LNG capacity: QatarEnergy CEO

Iranian attacks ‌have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters. ...

Energy, Oil & Gas

Qatar offloads five LNG slots at Belgium's Zeebrugge terminal for April

QatarEnergy has offered up five slots for unloading, storage and regasification of liquefied natural gas at Belgium's Zeebrugge terminal ‌for the month of April, three industry sources said, indicating its facilities could remain shut down for a longer period....

Energy, Oil & Gas

India presses Iran for wider Hormuz access as more fuel ships await passage

India is pressing Iran to allow more Indian-bound vessels through the Strait of Hormuz after Tehran permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to cross the strategic waterway, as New Delhi seeks to ease mounting energy supply risks from the Gulf conflict....

Energy, Oil & Gas

QatarEnergy declares force majeure

Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared force majeure to its affected buyers....