Japan LNG

Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market

Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market

NO. 1: A gas leak at the Hammerfest LNG export terminal in Norway that occurred during maintenance has shut the plant down until Friday. The facility, which is operated by Equinor ASA was evacuated Tuesday, and the leak has since been stopped. The cause is under investigation. Hammerfest is Europe’s only large-scale export terminal. It…

April 25, 2024
Biden Commits to Japanese Energy Security While Holding Firm on LNG Pause

Biden Commits to Japanese Energy Security While Holding Firm on LNG Pause

As the United States moves to reassure allies that reliable LNG exports are still a priority, market analysts warn the Department of Energy’s (DOE) pause on new export permits has already opened the door for international competitors. President Biden met with Japanese Prime Minister Kishida Fumio Wednesday where, along with security and economic cooperation, the…

April 11, 2024
Sempra Joins Japan to Review Exporting Synthetic Natural Gas from Cameron LNG

Sempra Joins Japan to Review Exporting Synthetic Natural Gas from Cameron LNG

Sempra Infrastructure has joined a partnership of Japanese gas utilities and major industrial groups studying the potential of using Gulf Coast LNG terminals to create an export hub for low-carbon, natural gas-backed fuels. The unit of San Diego-based Sempra has agreed to support a study aimed at gauging the feasibility of exporting hydrogen or ammonia…

August 30, 2023
Japan Backing Long-term Contracts, Project Ownership to Protect Against LNG Market Volatility

Japan Backing Long-term Contracts, Project Ownership to Protect Against LNG Market Volatility

Japan is eyeing stronger North American energy partnerships and equity investments, particularly on the Pacific Coast, as part of its strategy to strengthen energy security, according to an economic ministry official. Japan’s Takeshi Soda, Oil and Natural Gas Division director in the Ministry of Economy, Trade and Industry (METI), said the government has responded to…

December 13, 2022