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LNG is important energy source, industry needs to cut methane leakage - Japan PM, industry execs

Japanese Prime Minister Fumio Kishida said that liquefied natural gas (LNG) is an important energy source, and that it is important for consumers and producers to work together for a stable market, he said in online remarks at an industry conference on Tuesday. ....

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Natural gas pumping resumes from Libya's Brega to Al-khums - NOC

Libya's National Oil Corp (NOC) announced the resumption of natural gas pumping from Brega to the Libyan city of Al-khums with a capacity of 100 million cubic feet per day, after a 12-year halt, a company statement said on Monday. (Reporting by Alaa Swilam and Yomna Ehab. ....

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UPDATE 1-Dutch government confirms plan to halt gas production in Groningen

The Dutch government said on Tuesday that it will invest 22 billion euros ($24.24 billion) in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024. ....

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Russia's Novatek asks govt to cut additional taxes for Yamal project - Kommersant

Russia's Novatek has asked the government to grant its key Yamal LNG project a deferral of additional profit tax for 2022 while simultaneously cutting its rate, the Kommersant daily reported on Tuesday. ....

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UPDATE 4-BP, ADNOC offer to buy 50% of Israel's NewMed Energy

BP and Abu Dhabi's state oil giant on Tuesday offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion, making their entry into Israel's growing energy sector. ....

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