Northern Territory Shale Developers Look Towards LNG Production
Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's Beetaloo sub-basin was surveyed over 30 years ago but the first commercial volumes of shale gas were shipped only this week from Tamboran Resources’ Shenandoah gas project.Like Queensland's coal seam gas-to-LNG ambitions, Beetaloo shale aspirations have met with initial scepticism by many industry watchers.
San Matias Pipeline Cansortium Closes $900m Loan for Pipeline
Argentina's San Matias Pipeline consortium said on Friday it had closed a $900 million project finance loan to build a pipeline from the Vaca Muerta shale formation to the Atlantic coast in Rio Negro province, a crucial piece of financing for the nation's long-delayed ambition to become a global natural gas exporter.The financing marks a major milestone for a country trying to turn one of the world's largest unconventional gas reserves into hard-currency export revenue.The 472-km (293-mile) pipeline will carry gas from…
Bangladesh Seeks US LNG Amidst Global Supply Disruptions
Bangladesh is turning to the United States for a long-term liquefied natural gas supply deal as it seeks to shore up energy supplies amid disruptions in global gas markets caused by the U.S.-Israeli conflict with Iran.The government on Wednesday approved the purchase of 117 LNG cargoes from U.S.-based Gunvor between 2026 and 2038 under a state-to-state agreement, alongside eight cargoes from other international suppliers through direct procurement.Under the U.S. deal, Bangladesh will buy five cargoes in 2026, six in 2027 and six in 2028.
Cheniere Energy Increase Annual Profit on Strong LNG Demand
Cheniere Energy raised its forecast for annual core profit on Thursday after beating quarterly expectations on robust demand for liquefied natural gas, sending its shares up 4% in premarket trading.The U.S. has further solidified its position as the world's largest exporter of LNG after President Donald Trump lifted a moratorium on new export permits upon taking office last year.The country shipped 15 billion cubic feet per day of the supercooled fuel in 2025, according to the U.S.
