Source link US President Joe Biden ordered a pause on approvals of the sale of gas from new projects in January US officials are in talks about unfreezing approvals of new liquefied natural gas (LNG) exports in order to get a Ukraine aid package passed in Congress, Reuters reported on Monday, citing sources close to […]
Tag: LNG
Russia to triple LNG exports by 2030 – deputy PM — RT Business News
Source link The country now ranks fourth in the world in terms of liquefied natural gas sales, according to Aleksandr Novak Russia plans to continue ramping up both output and exports of liquefied natural gas (LNG), Deputy Prime Minister Aleksandr Novak announced on Tuesday, as cited by RIA Novosti news agency. During an address at […]
Global LNG demand to surge 50% – Shell — RT Business News
Source link The coal-to-gas pivot by industrial consumers across Asia is gathering pace, according to the energy giant Global demand for liquefied natural gas will increase more than 50% in less than two decades, according to the LNG Outlook 2024 released this week by British energy giant Shell. A surge in demand by 2040 is […]
Rockefellers behind Biden’s new LNG exports ban – WSJ — RT Business News
Source link The US president last month paused approvals for gas export terminals, citing climate-change reasons Charities controlled by members of the Rockefeller family and billionaire donors were behind a successful campaign to pressure US President Joe Biden into suspending new approvals of liquefied natural gas (LNG) exports, the Wall Street Journal reported this week, […]
Biden’s LNG ban dangerous for industry’s future – energy bosses — RT Business News
Source link Washington paused approvals for new gas export terminals for what it called climate-change reasons The temporary halt of approvals for new LNG export terminals by the administration of US President Joe Biden will undermine trust in the industry, Shell CEO Wael Sawan told the Financial Times in an interview on Sunday. “I don’t […]
Biden halts new LNG exports — RT Business News
Source link The fuel is seen as a vital lifeline for Europe, which has cut itself off from cheaper Russian gas imports US President Joe Biden has ordered a pause on liquefied natural gas (LNG) exports from new projects in the country, citing their potential contribution to climate change. Energy costs in Europe have skyrocketed […]
LNG exporting giant suspends shipping through Red Sea – Reuters — RT Business News
Source link A leading global exporter of liquefied natural gas (LNG), QatarEnergy, has stopped sending tankers via the Red Sea amid growing uncertainty about the safety of passage on the vital shipping route, Reuters reported on Monday. An unnamed source with knowledge of the matter told the outlet that at least four tankers that used […]
EU nation to ban Russian LNG imports — RT Business News
Source link The embargo will come into force in 2025, Finnish Climate Minister Kai Mykkanen says Finland will ban imports of Russian liquefied natural gas (LNG) from next year, Environment and Climate Minister Kai Mykkanen said on Friday in an interview with Helsingin Sanomat. According to the minister, Helsinki intends to develop a regulatory framework […]
US becomes world’s top LNG exporter – Reuters — RT Business News
Source link The US emerged as the globe’s largest exporter of liquefied natural gas (LNG) for the global market in 2023, Reuters reported on Wednesday, citing tanker tracking and government data. Australia came in second, while Qatar, which ranked first in 2022, saw its output drop by 1.9% and slid to third place. According to […]
China seeks exemption from US sanctions for Russian LNG – Reuters — RT Business News
Source link Restrictions on the Arctic LNG 2 energy project endanger vital fuel supplies, according to Chinese energy majors China’s state energy majors CNOOC and China National Petroleum Corp (CNPC) have both asked the US government for exemptions from sanctions on a new Russian liquefied natural gas (LNG) export plant. They are seeking to prevent […]
Russia to launch year-round LNG shipments via Arctic – operator — RT Business News
Source link Moscow plans to start year-round LNG deliveries to Asia via Russia’s Arctic waterways, Sergey Zybko, head of the Northern Sea Route (NSR) operator, announced this week. Speaking during the “Arctic: present and future” forum, Zybko said the launch of the pilot program is scheduled for next month. “Starting from January, gas carriers will […]
EU countries buying record volumes of Russian LNG — RT Business News
Source link Russian exports of liquified natural gas (LNG) to Europe hit an all-time high of 1.75 million tons in November, the Kommersant business daily reported on Monday, citing data by Kpler. The previous record was set in December 2022, when Russia exported 1.737 million tons of LNG to the region. The largest November volumes […]
African country reveals LNG export plan — RT Africa
Source link Mauritania will commence shipments next year, the nation’s energy minister says Mauritania is set to launch its first liquefied natural gas (LNG) exports in mid-2024 as the government ramps up its development of the energy sector, Minister of Petroleum, Mines and Energy Nani Chrougha announced on Friday. Speaking at a Climate Change Conference […]
Russia about to become one of the world’s biggest LNG producers – Gazprom — RT Business News
Source link The energy giant expects production in Australia to decrease, pushing Moscow up in the rankings Russia could become the world’s third biggest producer of liquified natural gas (LNG), according to Gazprom, the country’s biggest state-run energy company. The gas giant expects a significant increase in production of the supper-chilled gas to be recorded […]
LNG worse for climate than coal – study — RT Business News
Source link Emissions from the superchilled gas are nearly four times higher than carbon, research has found Liquefied natural gas (LNG) – which Germany has been increasingly using to cope with the energy crisis since the cut in Russian gas supplies – could be much worse for the environment than burning coal, Welt reported on […]