LNG News Highlights and Global Prices – January 23, 2025
Top Stories
Indonesia Defers LNG Cargoes Amid Growing Domestic Demand Indonesia is prioritizing domestic gas needs, leading to export delays and tightening global LNG supplies. (Source: oilprice.com)
U.S. DOE Forms Short List for LNG Export Permits; Litigation Risks Remain President Trump’s new executive orders expedite LNG export approvals, yet legal challenges could arise, influencing which projects advance. (Source: naturalgasintel.com)
YPF Signs MoU to Export LNG to India Argentina’s YPF has reached an agreement with OIL, GAIL, and OVL to export up to 10 million tpy of LNG, boosting Vaca Muerta’s development. (Source: lngindustry.com)
Global LNG Pathway Sees Record Growth in 2024, Says SEA-LNG SEA-LNG’s annual report highlights continued momentum in LNG adoption as a viable route to net-zero emissions. (Sources: offshore-energy.biz, lngindustry.com)
Market Insights
Europe Outbids Asia for U.S. LNG Cargoes Multiple shipments are diverted to Europe due to higher prices and demand, reflecting ongoing market realignments. (Source: oilprice.com)
Potential Darwin LNG Expansion in Australia Santos and Tamboran Resources explore adding a second train at Darwin LNG, potentially raising output to 6 million tonnes of LNG yearly. (Source: gasworld.com)
Middle East and U.S. Relations in Flux The UAE’s LNG developments and deals with Germany mark a shift toward Washington amid broader geopolitical changes. (Source: oilprice.com)
Industry Milestones
Venture Global Trims IPO Valuation Concerns over long-term profitability prompted the company to halve its initial target, reflecting cautious investor sentiment. (Source: reuters.com)
Energy Geopolitics in Focus Commentators note that rising LNG demand in Europe benefits U.S. exporters, though the dynamic underscores the strategic interplay of energy and geopolitics. (Source: gasworld.com)
Career Opportunities in LNG
LNG Project Coordinator – Indonesia
Legal Counsel for LNG Export Permits – USA
Market Analyst – Argentina/India LNG Trade
Operations Manager – Darwin LNG Expansion – Australia
Find more roles at LNG Career.
Training and Certifications
Managing Domestic vs. Export LNG Needs
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