New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said.
Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.
How will US policy in Trump 2.0 impact global gas markets? What is liquified natural gas, and how do geopolitical factors such as the war in Ukraine and Western sanctions on Russia and Iran impact its global supply and trade?
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually,
Das Island LNG facilities have been supplying LNG to Japan for 48 years, according to ADNOC Gas, the integrated gas processing arm of Abu Dhabi National Oil Co. (ADNOC). Worldwide, the world's third longest-operating LNG plant has shipped over 3,500 LNG cargoes since starting operation 1977, according to ADNOC Gas.
Asian shipping hub Hong Kong and UK channel port Portsmouth have hosted their first LNG bunkering operations as the number of locations offering the fuel grows globally. In Hong Kong the 8,500-cbm LNG bunker vessel Xin Ao Pu Tuo Hao (built 2022) supplied volumes to the Zim-owned 8,200-teu LNG dual fuel container ship Zim Amber (built 2023).
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
Here are the seven top business stories you need to track this week — January 27 to January 31 TINUBU TO FLAG OFF CONSTRUCTION OF FIVE LNG PROJECTS
The stock market trading debut comes as incoming President Trump has said he plans to boost America’s energy production. Update Friday, 3:30 p.m.
Japan’s JERA, a joint venture between Tokyo Electric Power Company (Tepco) and Chubu Electric Power Company, has signed a $450 million liquefied natural gas supply deal with the Adnoc Gas of the UAE.
Venture Global is the second-largest exporter of liquefied natural gas, or LNG, in the United States, and one of Trump's first moves after his inauguration was to sign an executive order to end a moratorium on new LNG export permits, which clears an obstacle to Venture Global's expansion plan.