Avenir reloads LNG cargo in Lithuania amid energy security scramble
Avenir LNG has teamed up with Lithuania’s Achema Gas Trade for a first LNG reloading at the Klaipeda terminal.
LNG
The price for Europe to wean off Russian gas keeps going up
Europe’s ambitious timetable for building its way out of a dependence on Russian energy faces potential delays and billions of dollars in extra costs as the war in Ukraine makes steel, copper and aluminium scarce and more expensive.
Eni boss talks gas with Egyptian president
Eni CEO Claudio Descalzi has held talks today with Egyptian President Abdel Fattah al-Sisi around gas and exports.
Europe’s new LNG risk in pivot away from Russia
Europe has woken up to LNG demand as a means to provide energy security, even while such a move appears out of step with countries’ net zero commitments.
TotalEnergies to continue Russian gas purchases, despite criticism
TotalEnergies CEO Patrick Pouyanné has stood up, once more, for the company’s values – but defended the purchases of Russian LNG.
US commits to additional LNG supplies for Europe
The US and its partners will send an additional 15 billion cubic metres of LNG to Europe this year, US President Joe Biden has said.
Shell signs up to provide LNG to new German import terminal
Shell has struck a memorandum of understanding (MoU) to provide LNG to the Brunsbüttel terminal in Germany.
QatarEnergy readies for commercial LNG talks with Germany
QatarEnergy (QE) has held talks with German officials in preparation to begin sending LNG to the northern European country.
Eni flags Africa and gas growth to tackle demand crunch
Africa will play a critical role in providing more supply for Eni’s portfolio, CEO Claudio Descalzi set out during the company’s capital markets day.
RWE suggests coal as short-term saviour for Germany
RWE has flagged energy security concerns as driving the need for more green business – although raising the prospect of restarting coal power plants in the near term.
Italy minister visits Angola, Congo in LNG security hunt
Italian Minister of Foreign Affairs Luigi di Maio has visited Angola and Congo Kinshasa in order to secure new sources of gas.
EU to slash Russian gas consumption in energy security move
The European Union can reduce its demand for Russian gas by two thirds before the end of 2022 and aims to eliminate this dependence entirely before 2030.
Predator talks up energy security while seeking Morocco partners
Predator Oil & Gas has touted its potential impact on European energy security, as it advances LNG plans and moves into hydrogen.
Cheniere, Venture Global prep for more LNG
As European gas prices hit new record highs, US LNG producers are swinging into action on future supply.
German import terminals target short-term LNG, long-term green hydrogen
Tree Energy Solutions (TES) is accelerating its plans to develop a “green gas” import hub in the German port of Wilhelmshaven.
Germany backs new LNG plants to cut Russian gas dependence
Germany pledged new support for liquefied natural gas (LNG) terminals, the latest sign it’s willing to retool its energy policy in the wake of Russia’s invasion of Ukraine.
As Europe reconsiders energy security, LNG is set for the limelight
It is unlikely that Europe will agree to cutting gas flows from Russia, but the invasion of Ukraine has had a clear impact on security of supply considerations.
LNG imports will not save Europe if Russia cuts all gas flows
If the disruption to Russian gas deliveries spread beyond flows through Ukraine to include all Russian pipeline exports to Europe, liquefied natural gas (LNG) imports alone would not be able to meet the shortfall and additional supply levers would be required, the latest analysis from IHS Markit shows. Under such an extreme scenario mothballed coal and nuclear power would need to be restarted.
Japan to ensure its own gas supply before aiding Europe
Japan will make sure its own energy demands are met before aiding Europe with shipments of liquefied natural gas (LNG) in the event conflict erupts over Ukraine, according to the nation’s trade minister.
Biden scours globe to send Europe gas if Russia hits Ukraine
The Biden administration and European allies are searching the world for surplus natural gas to send to Europe in the event conflict erupts over Ukraine, including approaching China about its supplies, according to people familiar with the matter.
Gastrade gives greenlight for Alexandroupolis LNG
Gastrade has taken the final investment decision (FID) for the Alexandroupolis LNG terminal.
European gas slumps as China readies to flood market with LNG
European natural gas slumped as a top LNG importer in China prepares to flood the market with fuel that could further ease supply concerns in the continent.
Novatek goes green at Vysotsk LNG facility
Russian gas independent Novatek has struck a deal to secure renewable energy supplies for its Cryogas-Vysotsk LNG plant.
GIIGNL aims for clarity in the murky world of carbon neutral LNG
GIIGNL has launched what it calls a comprehensive framework to provide carbon emission data from LNG cargoes.
Gunvor denies rumours of collapse on gas trades gone wrong
Margin calls stemming from the gas market have not pushed Gunvor to the brink, the trader said.