International

Australian LNG producers are concerned about diverting exports to meet natural gas shortages in the country’s east coast market under recently proposed changes to the Australian Domestic Gas Security Mechanism (ADGSM). The latest changes to the ADSGM would allow the federal government to activate the mechanism and impose liquefied natural gas export restrictions more frequently.…

QatarEnergy said this week it would consolidate all export product marketing, bringing the sale of LNG and helium assets managed by an affiliate into its fold to strengthen its global gas business and better compete with major portfolio players. CEO Saad bin Sherida Al-Kaabi said the move is a “strategic decision” taken as part of…

The exploration partners in the Leviathan natural gas field offshore Israel, which include Chevron Corp., could invest in a multi-billion dollar floating LNG (FLNG) platform that could boost East Mediterranean gas exports to Europe. Earlier this week, the partnership approved plans to spend $96.4 million on pre-front-end engineering and an estimated 4.6 million tons/year capacity…

Uniper SE said it expects the financial blows it took last year to replace Russian natural gas with costlier spot supplies to impact operations until the end of 2024, at which point it’s unlikely to require equity injections and credit from the German government.  Germany’s largest gas buyer was bailed out by the government last…

A year after Russia’s invasion of Ukraine splintered the energy landscape in Europe, the region is continuing to diversify its natural gas supply, thanks in part to a wave of LNG imports. However, it still faces years of possible shortages as global export capacity remains tight. Since last February, liquefied natural gas imports have taken…

In an effort to be more inclusive of tribal communities, the British Columbia government has modernized and grown its BC Oil and Gas Commission that supervises northern shale drilling. The renamed British Columbia Energy Regulator (BCER) will consist of five to seven members, up from three, with a mandate to include tribal representation. Tribal representatives…

QatarEnergy is continuing work to expand its LNG portfolio outside Qatar, acquiring regasification assets and stakes in global energy projects to achieve “a globally diversified portfolio of third party and equity LNG.” The work follows the state-owned company’s rebranding from Qatar Petroleum to QatarEnergy in 2021 and the formation of a global trading arm in…

Dutch transmission system operator NV Nederlandse Gasunie said this week it continues to explore ways to boost LNG import capacity in the Netherlands, including expanding existing facilities in Rotterdam and Eemshaven. At the same time, the company said a study indicated that a new floating storage and regasification unit (FSRU) in the port of Terneuzen…

Despite sliding global LNG prices over the past several months, Flex LNG Ltd. management said heightened European and Asian prices compared to Henry Hub are expected to continue driving U.S. infrastructure investment through the middle of the decade. During an earnings call Tuesday, CEO Oystein Kalleklev said falling liquefied natural gas prices during the fourth…