3 May 2024
Top stories: EU,UK politicians urge US LNG pause revision, IEA encourages industrial reform, TAQA eyes Naturgy
Publication date: 19 April 2024
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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.
Strait of Hormuz in focus after Iran's attack on Israel [1]
Colombia sees record LNG shipments as battle over drought-hit hydropower continues [2]
Japanese firms boost investments in city gas expansion in India [3]
EQT and Equinor agree asset swap for onshore US gas assets [4]
IEA boss urges swifter industrial reforms to help Europe compete with US, China [5]
EXPLAINER: Why are US politicians writing to the DOE about Delfin LNG? [6]
Oman LNG and JERA sign 10-year SPA for 0.8 mtpa of LNG [7]
Supply chain strains in renewables pose threat to UK targets: Here's what you need to know [8]
EU, UK politicians urge Biden to reconsider LNG pause [9]
Oman LNG seals 1.6 mtpa SPA with Shell for 10 years [10]
TAQA confirms interest in buying Spanish gas firm Naturgy [11]
NSTA hits NEO Energy with $125k fine over venting breach [12]
BP to 'simplify' business structure to speed up decision making [13]
Gas is here to stay: EU gas industry looks to the future amid green transition [14]
Flexible LNG contracts increasingly important as EU re-exports surplus volumes: ACER [15]