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You will find in this section the latest public news regarding the liquefied natural gas market, regulation and innovations. Please type any keyword in the search box and /or use the  ”area”, “topic” and “date” filters to refine your search. Feel free to submit your news to GIIGNL using the contact form.


May 7, 2021

Petronas signs first Canadian-indexed LNG deal

Petronas LNG sold a spot LNG cargo to a buyer in the Far East for August delivery using the Canada Alberta Energy Company (AECO) index.


May 5, 2021

Cheniere and Shell collaborate on delivery of carbon neutral LNG cargo

Cheniere has supplied a carbon-neutral LNG cargo from its Sabine Pass LNG facility in Louisiana to Shell as part of the companies’ SPA. The full lifecycle greenhouse gas emissions associated with the LNG cargo were offset by nature-based carbon credits, purchased from Shell’s global portfolio of nature-based projects with Cheniere purchasing the portion attributable to estimated CO2 emissions from upstream activities, including production and liquefaction.

Edited from Shell press release


April 30, 2021

Santos sells Bayu-Undan and Darwin LNG stakes to SK E&S

Santos has completed the sale of a 25% stake in Bayu-Undan and Darwin LNG to SK E&S. The resulting shareholding is as follows: Santos 43.4%, SK E&S 25%, INPEX 11.4%, ENI 11%, JERA 6.1% and Tokyo Gas 3.1%. SK E&S is also a partner in the Barossa project. Santos remains operator of the three assets.

Edited from Santos press release


April 28, 2021

Arctic LNG 2 offtake volumes sold out

Arctic LNG 2 signed 20-year LNG SPAs with all the project’s participants for the total LNG production volumes. The offtake quantities will be allocated pro rata the respective participants’ ownership stakes in the project: Novatek 60%, TOTAL 10%, CNPC 10%, CNOOC 10% and Japan Arctic LNG (a consortium of Mitsui and JOGMEC) 10%. LNG will be supplied on FOB Murmansk and FOB Kamchatka basis. The project includes three liquefaction trains of 6.6 MTPA each. The first train is expected to start operations in 2023.

Edited from Novatek press release


April 28, 2021

Novatek sells stake in its LNG transshipment subsidiary to Total

Novatek signed an HoA with Total on the sale of a 10% participation interest in its cargo transshipment subsidiary, Arctic Transshipment LLC. The subsidiary is planned to operate two LNG transshipment complexes currently under construction in the Kamchatka and Murmansk regions, which are aimed at optimizing the logistics of LNG transportation from Arctic LNG 2 and other Novatek’s projects. LNG will be transshipped from Arc7 ice-class LNG tankers to conventional LNG carriers at each location. Each transshipment complex includes a 360 000 m3 FSU with two ship-to-ship transshipment points.

Edited from Novatek press release