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Asian buyers drive growth for global LNG trade, but demand a better deal from suppliers

Growing demand from Asia, and particularly from China, will underpin market growth for liquified natural gas (LNG), say leading industry figures at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), but importers are also…

Total buys Engie’s LNG business for US$1.49 bln

French oil giant Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for $1.49 billion to become the second largest global LNG player

Total to supply LNG fuel to CMA CGM's ships from 2020

Total and CMA CGM have signed a strategic agreement covering the supply of around 300,000 tons of LNG a year for 10 years starting in 2020 for CMA CGM's future container ships.

Production at Yamal LNG starts

Russia's Novatek has announced that Yamal LNG has commenced producing liquefied natural gas (LNG) at the first LNG train, with a capacity of 5.5 million tons per annum.

Tokyo Gas explores options of buying LNG from Alaska

Tokyo Gas Co. has signed a Letter of Intent with the Alaska Gasline Development Corp (AGDC) regarding the sale and purchase of LNG from AGDC to Tokyo Gas, as well as exploring other opportunities around Alaska LNG.

Shell signs a long-term LNG supply deal with KPC

Shell signed a 15-year LNG supply agreement with Kuwait Petroleum Corporation (KPC) through its Middle East subsidiary.

Cheniere signs 15-yr LNG supply deal with Trafigura

Cheniere Energy said it signed a 15-year LNG supply agreement of about 1 million tonnes annually with commodities trader Trafigura.

Deal for Bangladesh LNG project agreed

Bangladesh-based Summit Power and Japan’s Mitsubishi Corporation with its subsidiary Diamond Gas has signed a MoU to develop a LNG-to-Power project at Matarbari, Bangladesh that is expected to cost up to US$3 billion.

DNV GL opens LNG test centre

The LNG test centre, located in Groningen, The Netherlands, will enable safer and more efficient use of LNG by supporting stakeholders across the value chain.

Add Energy, PT Synergy Engineering win maintenance contract for LNG project in Indonesia

Add Energy and Indonesia's PT Synergy Engineering have been awarded a maintenance build contract for work on BP's Tangguh LNG expansion project in Indonesia.