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Gas Supplier News

27 Feb 2024

Woodside and Kogas Agree LNG Supply Deal

Source: Kogas

Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of LNG to Korea.The SPA provides for the supply of approximately 0.5 million tonnes per annum of LNG for a period of 10.5 years on a delivered basis, commencing in 2026 subject to customary conditions precedent.LNG delivered to KOGAS under the SPA will be sourced from uncommitted volumes across Woodside’s global portfolio, including the Scarborough Energy Project which is targeting first LNG cargo in 2026.Woodside CEO Meg O’Neill said the SPA was significant as Woodside’s first l

18 Oct 2023

Norwegian Navy Shadows Chinese Vessel Probed over Baltic Pipeline Damage

A Norwegian Navy ship shadowed a Chinese container ship investigated over damage to a gas pipeline in the Gulf of Finland for about 15 hours as it sailed along the western coast of Norway on Monday, vessel tracking data showed.Finnish investigators on Tuesday said they were looking into the Chinese vessel, the NewNew Polar Bear, and a Russian-flagged ship, the Sevmorput, as well as other vessels, present in the area when a Baltic Sea pipeline was damaged on Oct. 8.They said the incident was due to "outside activity" and could have been deliberate.The NewNew Polar Bear is a container ship travelling between Europe and China via the Northern Sea Route in the Arctic.

17 Oct 2023

Finland Terminal Receives First LNG Cargo after Pipeline Breach

FSRU Exemplar - Credit: Excelerate Energy

A tanker carrying liquefied natural gas (LNG) arrived at Finland's Inkoo terminal on Tuesday, vessel tracking data showed, the first such cargo to appear following the Oct. 8 outage of a Finnish-Estonian gas pipeline.The Maran Gas Vergina, carrying U.S. natural gas, docked next to the Exemplar floating storage and regasification unit (FSRU), which was installed late last year to facilitate LNG imports and thus boost Finland's energy security.The cargo belongs to Finnish gas supplier Gasum…

22 Aug 2023

Asian Buyers May Seek US LNG if Australian Disputes Worsen

© moofushi / Adobe Stock

Major Asian buyers of LNG could seek US cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather.Uncertainty over labour disputes at western Australian facilities run by Woodside Energy Group and U.S. major Chevron have spurred Asian LNG prices to their highest in five months, and analysts say they could rise further.As many as 700 workers at the Australian facilities could potentially down tools over pay and job security, the first of them as early as Sept.

31 May 2023

Europe's Biggest Gas Supplier Says All Clear from Offshore Pipeline Security Checks

©pixone3d/AdobeStock

Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.However, risks remain after last year's still-unexplained explosions at the Nord Stream pipelines built to carry Russian gas to Germany via the Baltic Sea, warned Jannicke Nilsson, who manages security for Equinor.Europe's largest gas supplier after a drop in Russian flows last year, Equinor also acts as technical service provider for offshore pipelines operator Gassco.

24 May 2023

World's Biggest Aircraft Carrier Sails into Oslo for NATO Exercises

The U.S. Navy aircraft carrier USS Gerald R. Ford © U.S. Navy photo by Mass Communication Specialist 2nd Class Jackson Adkins (File Photo)

The world's largest aircraft carrier, the USS Gerald R. Ford, sailed into Oslo on Wednesday, a first for such a U.S. ship, in a show of NATO force at a time of heightened tension between NATO and Russia over the war in Ukraine.The ship and its crew will be conducting training exercises with the Norwegian armed forces along the country's coast in the coming days, the Norwegian military said."This visit is an important signal of the close bilateral relationship between the U.S.

17 Mar 2023

NATO's Stoltenberg, EU's von der Leyen Travel to North Sea Platform

Credit: NATO ©CC BY-NC-ND 2.0

The heads of NATO and the European Commission flew on Friday to a North Sea platform bigger than the Eiffel Tower in a visit underlining Norway's importance for gas supplies since Russia's invasion of Ukraine.The Troll A platform extracts gas from Norway's biggest gas field. After a drop in Russian flows, the Nordic country last year became the largest gas supplier to the EU.NATO Secretary General Jens Stoltenberg and European Commission President Ursula von der Leyen will discuss the protection of infrastructure and gas supplies to Europe with Prime Minister Jonas Gahr Stoere…

16 Mar 2023

Exxon Considers Selling Stake in LNG Terminal Offshore Italy

©Terminale GNL Adriatico

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG) terminal is owned by Exxon's subsidiary ExxonMobil Italiana Gas (70.7%), QatarEnergy subsidiary Qatar Terminal Company Limited (22%) and Snam Spa SRG.MI (7.3%). Snam, an Italian gas grid operator, has the first right of refusal should a partner decide to divest.

30 Nov 2022

Germany to Get New Qatari LNG flows Through QatarEnergy, ConocoPhillips Deal

Credit: QatarEnergy

Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent's imports.The deal, the first of its kind to Europe from Qatar's North Field expansion project…

14 Oct 2022

Norwegian Police Investigate Drone Sighting Over Gas Plant

Kårstø - ©Gassco

Norway police on Friday investigated reports of a drone flying over the Kaarstoe [Kårstø] gas plant in southwest Norway on Thursday, while in Arctic Norway a Russian-Israeli citizen was arrested when police found two drones in his car.The Norwegian military Home Guard has been posted at Kaarstoe and other major energy export facilities since authorities boosted security at Norwegian oil and gas installations after the Sept. 26 Nord Stream leaks.At 2130 local time (1930 GMT) on Thursday…

13 Oct 2022

Threat Against Major Gas Plant Resolved, Norwegian Police Say

Nyhamna plant which processes gas from Ormen Lange offshore field - Credit: Shell (file image)

Norwegian police on Thursday responded to a threat made by telephone against the Nyhamna gas processing plant, one of Europe's largest energy export facilities, and later said the incident had been resolved. The threat came amid heightened concerns about the security of oil and gas infrastructure following suspected sabotage of Russia's Nord Stream gas pipelines to Europe, though plant operator Gassco and offshore producers Shell and Equinor said output had not been interrupted.

07 Oct 2022

Safety Concerns: Norway Inspects Europipe II Subsea Gas Pipeline to Germany

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway, Europe's largest gas supplier, last week put its energy sector on high alert, deploying its navy and air force to patrol offshore facilities and placing soldiers at onshore gas processing plants after the Sept. 26 Nord Stream blasts.The Havila Subsea, an oil service vessel equipped with remotely operated subsea vehicles, was deployed on Oct. 5 to survey the Europipe II pipeline that runs from the Kaarstoe gas plant in Norway to Dornum in Germany, Refinitiv vessel-tracking data shows.

06 Oct 2022

Norway Limits Access for Russian Fishing Trawlers

© GunnarE / Adobe Stock

Norway said on Thursday it would impose limits on Russian fishing vessels using its ports, in a further tightening of security following last week's suspected sabotage on the Nord Stream gas pipelines in the nearby Baltic Sea.Russian trawlers will now only be allowed to visit three of several dozen ports along the Norwegian coast and must undergo security checks when they do, foreign minister Anniken Huitfeldt told a news conference.She stopped short of imposing a total ban on Russian vessels demanded by some security experts and opposition politicians…

03 Oct 2022

Sweden Sends Diving Vessel to Inspect Leaking Nord Stream Pipelines

Nord Stream Gas Leak in the Baltic Sea - Credit: Swedish Coast Guard

Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an incident that has added new tension to Europe's energy crisis.Europe is investigating what caused three pipelines in the Nord Stream network to burst in an act of suspected sabotage near Swedish and Danish waters that Moscow quickly sought to pin on the West, suggesting the United States stood to gain."The coast guard is responsible for the mission…

03 Oct 2022

Norway Posts Soldiers at Oil, Gas Plants after Nord Stream Leaks

Credit; Norway Armed Forces

Norway's military said on Monday it had posted soldiers to help guard major onshore oil and gas processing plants, part of a wider effort to boost security amid suspicion that sabotage caused leaks in the Nord Stream gas pipelines last week.Russia's Nord Stream 1 and 2 pipelines burst on Sept. 26, draining gas into the Baltic Sea off the coast of Denmark and Sweden. Seismologists registered explosions in the area, and police in several countries have launched investigations.Norway…

30 Sep 2022

Norway Will Patrol its Oil and Gas Platforms with Help from Allies

(Photo: Øyvind Gravås and Bo B. Randulff / Equinor)

Norway will receive help from Britain, Germany and France to patrol the seas around its oil and gas platforms amid suspicion that sabotage caused leaks in Nord Stream pipelines earlier this week, Norway's prime minister said on Friday.Russia's Nord Stream 1 and Nord Stream 2 pipelines burst this week, draining gas into the Baltic Sea off the coast of Denmark and Sweden. Seismologists registered explosions in the area.The European Union said it suspected sabotage had caused the…

12 Jul 2022

Could the US Ship More LNG to Europe?

© Carabay / Adobe Stock

The United States, the world's top natural gas producer, wants to send more liquefied natural gas (LNG) to Europe to help its allies break their dependence on Russian gas after Moscow invaded Ukraine on Feb. 24.But U.S. exports are limited by the country's liquefaction capacity and an ongoing outage at Freeport LNG's plant after the second-biggest U.S. LNG export facility was hit by fire in June.Russia, once Europe's biggest gas supplier, has already cut exports for various reasons this year…

30 Mar 2022

Europe Must Shut Ports to Russian Ships, Ukraine President Tells Norwegian Parliament

Copyright Stockwars/AdobeStock

Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament on Wednesday."The European Union, and I do hope so Norway, need to introduce the ban on Russian vessels to use European ports for the time being while they are blocking our ports," Zelenskiy said via video link from Ukraine.He added that Ukraine and Norway, Europe's second-largest gas supplier after Russia, had started talks over the…

01 Mar 2022

Inside Trade: From Energy to Food, China-Russia Trade has Surged in Recent Years

Copyright charnsitr/AdobeStock

China and Russia have grown increasingly close in recent years, including as trading partners, a relationship that brings both opportunities and risks as Russia reels from tough new sanctions led by the West in response to its invasion of Ukraine.Total trade between China and Russia jumped 35.9% last year to a record $146.9 billion, according to Chinese customs data, with Russia serving as a major source of oil, gas, coal and agriculture commodities, running a trade surplus with China.Since sanctions were imposed in 2014 after Russia annexed Ukraine's Crimea…

06 Oct 2021

Gazprom's Nord Stream 2 Can Challenge EU Rules, Court Adviser Says

Credit: Nord Stream 2

Gazprom's Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the EU's top court said on Wednesday.Russia's Gazprom owns operator Nord Stream 2 and is the planned gas supplier for the Russia-to-Germany link that was completed last month.The opinion from Advocate General Michal Bobek, if confirmed by the EU Court of Justice (CJEU), may help the Russian company in its long-running fight…

20 Apr 2020

Thailand's EGAT to Receive 2nd Spot LNG Cargo from Malaysia's Petronas

Illustration; An LNG Tanker - Image by alexyz3d / AdobeStock

State-run Electricity Generating Authority of Thailand said it will buy a second spot-market shipment of liquefied natural gas (LNG) on Tuesday.The state-owned PTT's Map Ta Phut LNG receiving terminal in the eastern part of Thailand will receive the 65,000-tonne LNG cargo from Malaysia's state oil and gas company Petronas, the Thai state utility said in a statement late on Friday.The April shipment is the second, after the spot-market LNG cargo in December.

12 Mar 2020

Offshore Oil Rig Infection Exposes Coronavirus Dangers

Equinor reported the oil industry's first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms.A worker was in isolation on the Norwegian energy firm's Martin Linge oil and gas platform off Norway where production is due to start at the end of this year, the company said. It said it would cut activity at the field, but personnel would remain at installations, while workers would reduce meetings and sit further apart in canteens to prevent further contamination. It has 776 people working on the project spread across three installations, Martin Linge, the Maersk Intrepid drilling rig and the Floatel Endurance accommodation rig.

06 Nov 2019

Japan Marks 50 years of LNG Imports

File Image: AdobeStock / © Fotmart

Japanese gas buyers on Wednesday marked the 50th anniversary since the first cargo of liquefied natural gas (LNG) arrived in Japan, now the world's biggest importer of the fuel.The arrival of the cargo on Nov. 4, 1969 helped transform Japan's energy system, which had relied on oil, coal and gas from coal in an era of high growth, before nuclear power was developed.But Japan's energy situation is undergoing huge changes in the wake of the Fukushima nuclear disaster in 2011, which…

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