LNG

News
March 20, 2023
In a statement published Friday in Mozambican newspaper O Pais, the U.S. energy giant called for expressions of interest to design and build an LNG plant producing as much as about 18 million tons a year.

News
March 16, 2023
EnerMech will roll out its integrated project management and delivery solution specifically developed to enhance efficiencies across the project.

News
March 10, 2023
Utility CLP Holdings Ltd. purchased an LNG cargo for May delivery to its new import terminal, according to traders with knowledge of the matter. The tender closed on Wednesday, and the shipment was bought at a link to North Asia’s LNG spot benchmark.

News
March 07, 2023
Papua LNG is expected to have liquefaction capacity of up to six million tonnes of LNG per annum with first production expected by the end of 2027 or early 2028.

News
March 06, 2023
Under the HOA, Chesapeake will supply up to 2 million tonnes of LNG per annum to Gunvor with the purchase price indexed to Japan Korea Marker for a period of 15 years.

News
March 02, 2023
The LNG project, once touted as Africa’s biggest private investment, stalled in 2021 following terror attacks by Islamic State-linked rebels in Mozambique’s northeast. Progress in containing the violence has led to speculation that work may resume in the coming months, but TotalEnergies has yet to make a decision.

News
March 01, 2023
The state energy company is in early discussions with LNG plant developers to procure a stake and secure supplies through an off-take agreement, according to people with knowledge of the matter.

News
February 28, 2023
According to the International Energy Agency’s Gas Market Report, natural gas markets worldwide continued to tighten last year despite global consumption declining by an estimated 1.6% in 2022. Demand is forecast to remain flat in 2023, but the outlook is subject to a high level of uncertainty, particularly in terms of Russia’s future actions and the economic impacts of fluctuating energy prices.

News
February 28, 2023
bp and partners confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim liquefied natural gas project that they will take forward to the next stage of evaluation

News
February 28, 2023
Under the deals, China Gas will buy 1 million tonnes per annum of LNG on a free on board basis from Plaquemines LNG and another 1 MTPA from the CP2 LNG export facility, both in Louisiana.

News
February 28, 2023
“Prices have softened a bit, but we do expect demand and supply will continue to be pretty finally balanced this year — so we’re pretty optimistic about 2023,” Woodside Chief Executive Officer Meg O’Neill said in an interview on Bloomberg TV.

News
February 27, 2023
Under the agreement, with Sembcorp Marine’s support, Chevron will install new technologies aboard Chevron vessels to support their energy transition goals.

News
February 21, 2023
The first phase is for installation engineering services, with potential future scopes expected to include custom designed installation equipment, flowline transpooling services and later, a potential long-term service agreement in support of various offshore operations.

News
February 20, 2023
Firms based in China account for roughly 15% of all contracts that’ll begin delivering LNG supply through 2027, according to an analysis of BloombergNEF data. That trend is set to increase as the companies seek to lock in more long-term agreements.

News
February 16, 2023
The LNG production unit, which involves an investment of more than $1 billion and a three-year construction period, will see the transformation of the Cap Lopez in Gabon into both an oil and gas terminal.

News
February 16, 2023
Produced by ADNOC Gas at Das Island, Abu Dhabi, the shipment of 137,000 m3 of LNG is the commissioning cargo for the new floating LNG terminal in Brunsbüttel and the first-ever LNG cargo to be shipped to Germany from the Middle East.

News
February 15, 2023
Egypt's two LNG terminals on the Mediterranean coast are designed to ship 12 million tons annually, but reaching those levels will depend on Egypt pumping more gas and receiving more flows from Israel.

News
February 14, 2023
Aibel won an EPCI contract that involves engineering, procurement, construction and installation of two new processing modules related to the onshore compression and electrification of the Melkøya plant.

News
February 10, 2023
Estonia’s Eesti Gaas AS will in the next few weeks issue a tender to buy seven LNG cargoes for delivery from April through September into Inkoo, a new floating terminal in Finland, a spokesperson said.

News
February 06, 2023
Golar LNG Limited will acquire New Fortress Energy’s (NFE) ownership stake in FLNG Hilli in exchange for for Golar’s remaining 4.1 million shares in NFE and $100 million cash.

News
January 27, 2023
The proposed $67-million receiving terminal and regasification facility has an annual capacity of 200,000 to 400,000 tons of LNG imports that can fuel small independent power producers, manufacturing companies and transport fleets.