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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.

 

March 30, 2021

Eni signs an MoU with Zhejiang Energy

Eni and Zhejiang Energy signed an MoU on strategic cooperation in the energy sector. The initiatives identified in the MoU envisage developing long term LNG supply agreement and participation in gas/LNG projects.

Edited from Eni press release

 

March 30, 2021

Qatar Petroleum takes over Qatargas I

Qatar Petroleum will become the 100% owner of the Qatargas 1 assets and facilities starting from January 2022 following the expiry of the Qatargas Liquefied Natural Gas Company Limited (QG1) joint venture agreements. Currently QG1 is owned by Qatar Petroleum, Total, ExxonMobil, Marubeni and Mitsui and operated by QatarGas. With a production capacity of around 10 MTPA of LNG, QG1 facilities will continue to be operated by QatarGas on behalf of Qatar Petroleum as of 2022.

Edited from Qatar Petroleum press release

 

March 25, 2021

Total signs LNG bunkering supply agreement with MSC Cruises

Total and MSC Cruises signed a bunkering supply agreement for approximately 45 000 tons per year of LNG for MSC Cruises’ upcoming LNG-powered cruise ships to be called in the port of Marseille (France). The bunkering operations will take place in the Mediterranean region by ship-to-ship transfer, using an LNG bunker vessel operated by Total. The fist LNG-powered cruise ship, out of three, is planned to be launched in 2022.

Edited from Total press release

 

March 23, 2021

Total signs supply and joint venture agreements with Shenergy

Total and Shenergy Group have signed two agreements: a 20-year SPA for the supply of up to 1.4 MTPA of LNG, sourced from Total’s LNG portfolio and delivered to Shenergy’s Chinese LNG terminals, and an agreement on the creation of a joint venture to expand LNG marketing in China. The joint venture (Total 49%, Shenergy Group 51%) is aimed at selling LNG, supplied by Total, in Shanghai and throughout the neighboring Yangtze River Delta regions. In addition, Total will supply LNG for distribution to Shanghai Gas, the subsidiary of Shenergy Group.

Edited from Total press release

 

March 22, 2021

Qatar Petroleum will supply LNG to Pakistan, Bangladesh, and China

In February-March 2021, Qatar Petroleum signed three SPAs :

  • with Pakistan State Oil Company Limited (PSO) for the supply of up to 3 MTPA of LNG to Pakistan from 2022 to 2031;
  • with Vitol for the supply of 1.25 MTPA to Bangladesh with deliveries starting later this year;
  • and a 10-year SPA with Sinopec for the supply of 2 MTPA to China with deliveries starting from January 2022.

Edited from Qatar Petroleum press release

 

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