LNG News


McKinsey: Reflection on 2021 global LNG and European pipeline flows

2022-05-23T14:26:00+01:00By Gillian Boccara, Konrad Boszczyk, Nicholas Browne, Berend Heringa

For liquefied natural gas (LNG) markets, 2021 was another unprecedented year. After the volatility, uncertainty, and record-low spot LNG prices caused by the Covid-19 pandemic in 2020, the LNG market moved in the opposite direction in 2021.

US Flag

Carbon sequestration plans unveiled for Cameron LNG


Carbon capture and sequestration technologies could soon be developed alongside Louisiana’s Cameron LNG, a natural gas liquefaction and export facility located in the southwest of the US state.


Blackstone Credit acquires 49% stake in US East Coast LNG firm


Blackstone Credit has acquired EIG’s 49% ownership stake in Elba Liquefaction Company (ELC), a joint venture entity of the Elba Island LNG facility.


Chart acquires Cryogenic Service Center AB


Chart Industries is expanding its service footprint in the Nordic region, have completed the acquisition of Sweden-based CSC Cryogenic Service Center AB.


Petronas inks 20-year LNG deal with Venture Global


Petronas has inked a 20-year sales and purchase agreement with Venture Global LNG for one million tonnes of liquified natural gas (LNG) from the Plaquemines LNG facility in Louisiana.

US flag

SK Gas inks US LNG deal with Energy Transfer


South Korea’s SK Gas Trading will purchase 0.4 million tonnes per annum (mtpa) of LNG from Energy Transfer’s Lake Charles LNG export facility in the US under a newly inked agreement.


New LNG station opened in Montmarault by HAM and LNG France


A new liquified natural gas (LNG) station has been opened in Montmarault, France, by HAM Group and LNG France.