Top stories: EU,UK politicians urge US LNG pause revision, IEA encourages industrial reform, TAQA eyes Naturgy

Only Subscribers can read the full Article

The US LNG permit pause continued to hit headlines this week as prominent UK and European politicians urged President Biden to revisit the decision due to its “significant negative impacts on European energy security”.  

A timeline for the pause to government’s review on LNG was also reported, and is likely to be completed in Q1 2025, according to US energy department official, Brad Crabtree.  

The industry turned its gaze to the Strait of Hormuz following Iran's attack on Israel. While experts do not expect the key waterway to be closed, it could cause significant setbacks for LNG shipments. 

On the deals front, Abu Dhabi National Energy Company (TAQA) on Wednesday confirmed it was considering a takeover of Naturgy, Spain’s largest gas company. The deal would provide TAQA an entry into the European market.  

Here's your weekly catch up service on significant industry developments this week:

Strait of Hormuz in focus after Iran's attack on Israel

Colombia sees record LNG shipments as battle over drought-hit hydropower continues

Japanese firms boost investments in city gas expansion in India

EQT and Equinor agree asset swap for onshore US gas assets

IEA boss urges swifter industrial reforms to help Europe compete with US, China

EXPLAINER: Why are US politicians writing to the DOE about Delfin LNG?

Oman LNG and JERA sign 10-year SPA for 0.8 mtpa of LNG

Supply chain strains in renewables pose threat to UK targets: Here's what you need to know

EU, UK politicians urge Biden to reconsider LNG pause

Oman LNG seals 1.6 mtpa SPA with Shell for 10 years

TAQA confirms interest in buying Spanish gas firm Naturgy

NSTA hits NEO Energy with $125k fine over venting breach

BP to 'simplify' business structure to speed up decision making

Gas is here to stay: EU gas industry looks to the future amid green transition

Flexible LNG contracts increasingly important as EU re-exports surplus volumes: ACER

Contact the editor:

Nicole Macedo
[email protected]

Subscription Benefits

Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.

LNG Business Review

LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.

Gas Matters

Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.

Gas Matters Today

Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.

Did you know that your Internet Explorer Browser is out of date?

Your MS Internet Explorer browser is out of date, and will not be fully compatible with our website. For best browsing experience we recommend that you upgrade your IE browser to a more recent version or use an alternative, more recent browser.