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Keywords: Liquefied natural gas


EU may allow Russian LNG shipments to third countries for another year

The European Union is reportedly considering allowing European companies to continue transporting Russian liquefied natural gas (LNG) to countries outside the bloc for an additional year, according to the Financial Times. The proposal is reportedly part of discussions surrounding the European Union's......

Egypt negotiates multi-year LNG supply agreements as energy demand rises

Egypt is negotiating long-term liquefied natural gas (LNG) supply agreements with major international energy companies as the country seeks to secure additional fuel supplies amid rising domestic demand and tighter global gas markets. Sources familiar with the discussions said Egypt is looking to purchase......

Greece warns EU Russia LNG sanctions could weaken Europe’s energy competitiveness

Greece has warned that tighter European Union sanctions on Russian liquefied natural gas could unintentionally benefit non-European competitors and reduce Europe’s influence in the global LNG market. Athens raised concerns over a proposed sanctions package targeting Russia, arguing that restrictions......

Baker Hughes secures conditional EU approval for $13.6 billion Chart Industries acquisition

Baker Hughes has received conditional clearance from the European Union for its proposed $13.6 billion acquisition of Chart Industries, overcoming a key regulatory hurdle after agreeing to divest part of Chart’s business to address competition concerns. The decision, announced by the European......

Shell expects 65% rise in global LNG demand by 2050

Global demand for liquefied natural gas (LNG) is on course for substantial long-term growth, with consumption expected to increase by approximately 65% by 2050 as Asian economies accelerate their energy transition and electricity demand continues to climb. According to Shell's latest annual LNG......

BP sells stake in Australian LNG project to South Korea's GS Energy

BP has announced the sale of a 5% stake in the Browse liquefied natural gas (LNG) project in Western Australia to South Korean energy company GS Energy, marking another step in the British group's ongoing portfolio optimization strategy. The transaction reflects BP’s objective of strengthening......

Japanese prime minister to discuss energy security with Australian counterpart

Japanese Prime Minister Sanae Takaichi is expected to hold talks with Australian Prime Minister Anthony Albanese during an official meeting focused on energy security and strategic cooperation, according to media reports. The discussions come as Japan continues to rely heavily on Australia as its main......

European gas prices surge nearly 50 percent after QatarEnergy halts LNG production

European gas prices jumped sharply on Monday, rising by nearly 50 percent after Qatar’s state-owned energy company announced a halt to its liquefied natural gas production following reported drone attacks. The surge adds to earlier gains recorded during the morning session, as markets were already......

Morocco turns to floating power ships to meet growing electricity demand

Morocco is exploring a flexible and rapid solution to its increasing electricity needs by considering the import of up to 6,000 megawatts of power via floating power ships from Turkey. These ships, equipped with mobile power plants, offer a timely alternative amid growing pressure on conventional energy......

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