France

QatarEnergy Signs Another 27-Year LNG Supply Deal for Europe

QatarEnergy Signs Another 27-Year LNG Supply Deal for Europe

QatarEnergy said Wednesday it has agreed to supply Shell plc with 3.5 million tons (Mt) of LNG from its massive North Field expansion project for nearly three decades.  The liquefied natural gas would come from the 32 Mt/year North Field East (NFE) project and the 16 Mt/year North Field South (NFS) project. Shell was awarded…

October 18, 2023
QatarEnergy Inks Its Largest European LNG Supply Deal with TotalEnergies

QatarEnergy Inks Its Largest European LNG Supply Deal with TotalEnergies

QatarEnergy said Wednesday it has agreed to provide TotalEnergies SE with 3.5 million tons (Mt) of LNG annually over the course of 27 years from its massive North Field expansion projects.  The company said cargoes for TotalEnergies from the North Field East (NFE) and North Field South (NFS) projects would begin in 2026 under two…

October 11, 2023
France Expected to Boost Europe’s LNG Imports with FSRU Arrival

France Expected to Boost Europe’s LNG Imports with FSRU Arrival

The recent arrival of France’s first floating regasification and storage unit (FSRU) at the port of  Le Havre comes as high gas stocks and a rebound in nuclear power output have limited the country’s need for natural gas.  “Given the current healthy gas stock situation and improved nuclear availability in France, we would expect the…

September 26, 2023
TotalEnergies CEO Says U.S. LNG ‘Important’ to Strategy and European Natural Gas Supply

TotalEnergies CEO Says U.S. LNG ‘Important’ to Strategy and European Natural Gas Supply

TotalEnergies SE is on the hunt for more opportunities for affordable LNG like its recent grabs in the United States as Europe’s energy volatility and rising costs are likely to persist. Despite Europe’s falling oil and natural gas prices during the second quarter, CEO Patrick Pouyanné said “tensions” in the global gas market will mean…

July 27, 2023
Thailand, India Buy More Cargoes, but Global Spot Demand Still Weak – LNG Recap

Thailand, India Buy More Cargoes, but Global Spot Demand Still Weak – LNG Recap

Pockets of spot LNG demand continue emerging across Asia, particularly among price-sensitive natural gas buyers, but the market remains loose heading into summer as larger buyers across the region and in Europe remain on the sidelines.  Thailand’s PTT LNG Co. Ltd. bought nine summer cargoes for about $13/MMBtu in a tender that closed last week,…

April 10, 2023
Traders Unloading European LNG at Discounts as French Labor Strikes Continue

Traders Unloading European LNG at Discounts as French Labor Strikes Continue

Labor strikes continue to impact LNG import terminals and upend energy flows in France, which is being forced to tap into its natural gas stocks as vessels head elsewhere amid the disruptions. The strikes broke out a month ago, impacting ports, power production, air travel, refineries and other key aspects of the economy. No vessels…

April 5, 2023

Labor Strikes at French LNG Terminals Extended – The Offtake

Labor strikes blocking Elengy’s Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne LNG import terminals in France that were scheduled to end Tuesday have been extended to March 27 as workers continue to protest the government’s pension reform. Strikes ended last week at Dunkerque LNG, the country’s only other import terminal. 

March 21, 2023
Dunkerque LNG Restarts, but Strikes Continue at Other French LNG Import Terminals

Dunkerque LNG Restarts, but Strikes Continue at Other French LNG Import Terminals

Operations restarted at the Dunkerque LNG import terminal in Western France on Friday more than a week after labor strikes brought flows from the facility to a minimum.  Workers at the terminal on Thursday decided to end a strike at the plant that started March 7, a Fluxys spokesperson told NGI. The Brussels-based company operates…

March 17, 2023
Labor Strikes Extended in France, Forcing LNG Traders to Find New Destinations for Cargoes

Labor Strikes Extended in France, Forcing LNG Traders to Find New Destinations for Cargoes

Labor strikes in France that have cutoff the country’s LNG imports have been extended and are poised to stretch into next week. However, the disruptions largely have been brushed aside by the European natural gas trade amid a broader selloff in global energy markets. The General Confederation of Labor (CGT), which represents trade workers, has…

March 15, 2023

Gas Flows Stop at French LNG Terminals Amid Labor Strikes – The Offtake

Unions continued striking Thursday in France to oppose a proposed overhaul of the nation’s pension system, impacting power production, air travel, refineries, ports, LNG imports and other key aspects of the economy.

March 9, 2023
‹ Previous 1 2 3 4