The German Economy Ministry instructed the state-controlled Deutsche Energy Terminal to turn away any shipments of liquified natural gas (LNG) coming from Russia, the Financial Times reported on Thurs...

India's strategic pivot towards liquefied natural gas (LNG) is set to redefine its energy landscape, especially amid the shifting dynamics of global energy trade. Earlier this year, GAIL (India) Ltd, the country's largest government-owned natural gas company, secured a 10-year LNG purchase agreement with Vitol, a global energy trader with extensive operations in Russia. This deal, which begins in 2026, will ensure approximately 1 million metric tons (mt) of LNG annually, including gas sourced from Russia. This agreement is instrumental for India as it strives to elevate natural gas consumption to 15% of its energy mix by 2030. India's LNG imports have demonstrated considerable variability, reflecting its dependence on this critical energy source. Imports surged to 3,516 million standard cubic meters (MMSCM) in May but fell to 2,794 MMSCM in July. Over the first four months of the year, LNG accounted for a substantial 12,269 MMSCM out of a total gas consumption of 24,210 MMSCM, underscoring the country's reliance on imported LNG to meet its growing energy needs. This volatility highlights the strategic importance of agreements, like the one with Vitol and the one between Novatek and Deepak Fertilisers, signed in February 2023, for both spot and long-term supply contract markets in securing energy stability. Russia, for its part, has been adapting its LNG export strategy in response to global pressures and the evolving market landscape. In the first half of 2024, Russian LNG imports to Europe rose by 11% from last year, with Russia supplying 69.95 million mt so far. Despite a general decline in European gas consumption and a shift toward long-term contracts, Russian LNG remained a significant portion of imports, with France alone seeing a 110% increase. This demonstrates the resilience of Russian LNG in maintaining its foothold in European markets. Additionally, Russia's LNG exports to China have also seen growth, with 1.648 million mt shipped in the first quarter of 2024-a 2% increase from the previous year.

Dr. Djikolngar Maouyo is managing director and president of PyroDex, LLC

Korea's New Energy Policy and Implications for LNG Imports 3 October 2018 — 9:00AM TO 10:30AM Anonymous (not verified) 17 September 2018 Chatham House | 10 St James's Square | London | SW1Y 4LE

The new energy policy of Moon Jae-In’s administration aims to swing radically from coal and nuclear towards renewables and LNG for power generation. During the last 12 months the priority given to the expansion of renewable energy has been overwhelming and the support for the expansion of gas not as strong as many observers had expected. The 13th gas supply and demand plan announced in Spring 2018 confirmed the trend. Based on this projection, Professor K. Paik will discuss how this new energy policy will affect Korea’s LNG imports strategy and what are the implications of Korea’s northern policy towards this LNG supply strategy and pipeline gas imports to the Korean Peninsula.

Attendance at this event is by invitation only.

Sino-Russian Gas Cooperation: Power of Siberia I and II and Implications for Global LNG Supplies 27 November 2019 — 8:30AM TO 9:30AM Anonymous (not verified) 19 November 2019 Chatham House | 10 St James's Square | London | SW1Y 4LE

In a new event in the Sustainable Transitions series, the speaker will present an update of Sino-Russian gas cooperation.

To give a comprehensive account of their impact on global liquefied natural gas (LNG) supplies, he will discuss the following points:

• Gas is scheduled to start flowing from the Power of Siberia I (POS) on 2 December 2019. But what is the background of development of POS 1 and what is its current status and prospects?
• What are the chances of exporting gas through the proposed Altai pipeline? Why is the Mongolia export route so significant? And how will it affect the Central Asian Republics and in particular Turkmenistan’s gas export to China?
• What are the implications of both POS I and Altai gas via Mongolia route in the context of global LNG supply?
• What are the prospects for multilateral pipeline gas cooperation in northeast Asia?
• What are the implications for other Arctic onshore LNG supply, in particular, for Novatek’s Yamal LNG and Arctic LNG 1 and 2 to China on top of POS 1 and Altai gas?

Attendance at this event is by invitation only.

ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.

The terminal, set to be the company’s largest mini-LNG facility to date, will provide shore power to cruise ships at the Nassau Cruise Port

Due to regulation on sulphur emissions, liquefied natural gas (LNG) has increased in use as a maritime fuel. This study measured exhaust gases from a ship with dual-fuel engines running on LNG and marine gas oil (MGO). Although NOX and CO2 emissions were lower for LNG compared to MGO, hydrocarbon and carbon monoxide emissions were higher. The authors say future work should reconsider the climate impact of LNG.

Above is an artist's impression of Texas LNG's planned liquefaction facilities at the Port of Brownsville. IMAGE SOURCE: Texas LNG Brownsville LLC.

The price by which RICKI LEE and AARON ISHMAEL's LOUD MEDIA (SARATOGA RADIO LLC) is purchasing AC simulcast WNYV/WHITEHALL, NY and WVNR-A and the construction permit for W242DF/POULTNEY, … more

Australia's first liquid natural gas import terminal will be built at Port Kembla, south of Sydney, with hopes it will secure thousands of jobs and meet the bulk of the state's gas needs.

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cheniere Energy, Inc...

IBM (NYSE: IBM) today announced it will establish a Natural Resources Solution Centre (NRSC) in Perth to help mining, LNG and petroleum companies accelerate the development and adoption of innovative technologies and business strategies.

THE SWITCH towards liquefied natural gas, LNG, as fuel to produce power supplies for Jamaica has a downside for electricity customers, who are largely missing out on the big oil savings. The near two-thirds plunge in oil prices will have limited...

Invitation Only Research Event

Event participants

Professor Keun-Wook Paik, Associate Fellow, Energy, Environment and Resources Department, Chatham House
Chair: John Lough, Associate Fellow, Russia and Eurasia Programme, Chatham House

The Commercial Court was asked to consider whether a cargo of LNG could be a cargo injurious to the Vessel. The Facts By way of a Time-Charterparty dated 3 January 2011 AOM chartered the LNG Gemini (the “Vessel”) to Golar Commodities Ltd...

Private-sector power generators are complaining mightily about the government's pressure on them to switch coal-fired power plants they are building into ones based on liquefied natural gas. That's largely because the government is mum about the sunk cost and other costs to retrofit the plants estimated to be as high as 2.6 trillion won. According to private-sector power generation industry sources on September 17, the Ministry of Trade, Industry, and Energy requested to POSCO Energy, SK Gas,...

On 6 April 2016, BIMCO and the International Group of Liquified Natural Gas (“LNG”) Importers (“GIIGNL”) jointly issued a standard form voyage charterparty designed for use in the LNG trade. Its introduction is said to be spe...

This discussion focused on the quickly evolving LNG market, Qatar’s role in creating and shaping it, and how the United States sees LNG  as an important tool to help the world achieve its carbon reduction goals.

Myron Brilliant, Executive VP & Head of International Affairs at the U.S. Chamber of Commerce, explains how increased U.S. LNG exports could impact Russia's standoff with Ukraine.

Coronavirus exposes nation’s post-Fukushima vulnerability

India has been the world's fourth-largest importer of liquefied natural gas (LNG) since 2011, gradually increasing LNG imports as the country's domestic natural gas production declined and domestic consumption increased. India's LNG import capacity more than doubled during the past 10 years, and the U.S. Energy Information Administration (EIA) expects it to increase by a third in the next 3 years as regasification facilities currently under construction come online. However, the construction of domestic pipelines to move LNG from the coastal import facilities to major demand centers further inland has experienced delays. Future growth in India's LNG imports will depend on the timely completion of natural gas pipeline networks.

Bharat Petroleum was seeking to buy a May 25 delivery cargo two weeks ago, but the tender was not awarded then, market sources said previously.

We recommend buying Petronet LNG above Rs 228 levels with a stop loss of Rs 203 for higher targets of Rs 275.

Tornio Manga LNG terminal

LNG Terminal India

Re-gasified LNG

LNG Terminal Project

LNG Regasification Terminal

Petronet LNG

LNG Re-Gasification Terminal

Kochi LNG terminal

LNG re-gas facility

LNG Supply

LNG Ships

LNG Import Terminal India

LNG

RLNG

R-LNG

LNG Terminal Kochi

LNG terminals

LNG Regasification Process

LNG Regasification Infrastructure

LNG regasification