LNG

Saudi Aramco has agreed to buy 5 million tonnes of liquefied natural gas per annum from US-based company Sempra over a 20-year period. This deal follows the announcement by the subsidiaries of both firms that they have executed a…
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Energy giant Saudi Aramco has signed a non-binding agreement with US-based NextDecade to supply 1.2 million tonnes per annum of liquefied natural gas for 20 years. According to a press statement, LNG will be supplied from the fourth…
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The global liquefied natural gas supply is set to surge by 80 percent by 2030, driven by new projects in Qatar and North America, a new analysis showed. In its latest report, Goldman Sachs said that this robust rise in supply would bring…
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Japan’s Mitsui & Co. said on Tuesday nothing has been decided on a liquefied natural gas project in the UAE, after the Nikkei reported it was teaming up with Abu Dhabi National Oil Co. on it. The Nikkei reported ADNOC would have a…
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QatarEnergy CEO Saad Al-Kaabi announced on Sunday that the company has finalized a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output. In…
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The supply of liquefied natural gas in Bangladesh will increase following the signing of a deal between QatarEnergy and US-based Execelerate Energy. The 15-year agreement will see Excelerate buy up to 1 million tonnes per annum of LNG…
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In a significant development in the energy sector, QatarEnergy and France’s TotalEnergies signed two long-term sales and purchase agreements on Wednesday to supply up to 3.5 million tons of liquefied natural gas per annum from Qatar to…
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In a move to strengthen its global presence, Oman LNG has struck a partnership agreement with the German company Secure Energy for Europe to supply 0.4 million tons of liquefied natural gas per annum. The four-year contract, which will…
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International Energy Agency head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied natural gas is coming to the market while China's consumption is set to rise this year. European…
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Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani said on Tuesday that Qatar’s liquefied natural gas production capacity will rise to 126 million tons a year by 2027. Speaking at a gas exporters summit hosted in Doha, Al-Thani renewed calls…
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