LNG
News
August 04, 2023
Under a 20-year agreement, ConocoPhillips will buy approximately 2.2 million tons of LNG annually from Mexico Pacific Limited LLC, the companies said in a statement Thursday.
News
July 28, 2023
Under the terms of the agreement, bp will provide OMV with LNG from its diverse and global portfolio, which will be received and re-gasified through the Gate LNG Terminal in Rotterdam, the Netherlands, where OMV holds regasification capacity, or other terminals in Europe.
News
July 19, 2023
Under the terms of the agreement, ADNOC Gas will deliver up-to 1.2 MMTPA of LNG to IOCL in India. The deal serves as a testament to ADNOC Gas’ ability to meet the growing global demand for LNG, a critical fuel in the energy transition.
News
July 18, 2023
The U.S., the European Commission, Japan, South Korea and Australia are collaborating to limit methane emissions from liquefied natural gas (LNG) supply chains.
News
July 17, 2023
The first LNG carrier in a series currently under construction by Samsung Heavy Industries (SHI) in Korea has completed gas trials. Originally ordered in Q2 2021 and scheduled for delivery in July 2023, the ship is powered by MAN B&W ME-GA dual-fuel engines capable of running on fuel oil and LNG, and comes with Exhaust Gas Recirculation (EGR) for emission reduction.
News
July 13, 2023
This first phase comprises 3 liquefaction trains with a total capacity of 17.5 million tons per annum (MTPA) and CAPEX of $14.8 billion. The Engineering, procurement, and construction (EPC) contract has been awarded to Bechtel, and commissioning of the plant is scheduled for 2027.
News
July 12, 2023
Speaking during a “Leadership Dialogue” held as part of the 20th International Conference & Exhibition on Liquefied Natural Gas, which is currently taking place in Vancouver, Canada, His Excellency said that as the world grows, “gas will always be needed as the cleanest fossil fuel for the base-load required for electricity production and for powering industrial and manufacturing factories.”
News
July 11, 2023
This is the first time Exxon has laid out a clear timeline for the project since reviving plans to build the onshore plant, which was stalled in 2020 as an Islamic State-linked insurgency heightened security concerns.
News
July 11, 2023
Dominion Energy has concluded a robust and competitive sale process and executed a definitive agreement to sell its 50% noncontrolling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy, which currently operates the facility and owns a 100% general partner and 25% limited partner interest.
News
July 10, 2023
This additional delivery confirms the value of gas as a reliable energy source, capable of providing a reliable response to growing energy demand while supporting the energy transition.
News
July 06, 2023
In total, Baker Hughes will supply six Frame 7 gas turbines paired with 18 centrifugal compressors across Rio Grande’s first three LNG trains in a parallel configuration arrangement, providing more operational flexibility – for a nameplate capacity of 17.61 MTPA.
News
June 28, 2023
The 2023 edition of the Italian LNG Summit - Sustainability, Market, Stakeholders, was held in Rome, in the setting of the Ara Pacis Museum. The meeting, organized and promoted by OLT Offshore LNG Toscana
News
June 26, 2023
Under the SPA, ENN has agreed to purchase approximately 1.8 million tonnes per annum of LNG from Cheniere Marketing on a free-on-board (“FOB”) basis for a purchase price indexed to the Henry Hub price. Deliveries will commence in mid-2026, ramping to 0.9 mtpa in 2027.
News
June 23, 2023
The East African nation could confirm a host government agreement and an amended production-sharing deal with the project’s consortium that includes Equinor ASA, Shell Plc and ExxonMobil Corp. as early as next month, according to the Energy Ministry’s permanent secretary, Felchesmi Mramba.
News
June 22, 2023
Equinor signed up for another 1.75 million tons a year in long-term supply from Cheniere Energy Inc., the biggest U.S. producer. The company agreed to buy a similar volume from Cheniere in an agreement struck a year ago.
News
June 20, 2023
The two parties signed an LNG Sales and Purchase Agreement (SPA) for the delivery of 4 million tons of LNG per annum from the NFE project to CNPC’s receiving terminals in China over a span of 27 years, marking the industry’s longest term SPA commitment.
News
June 19, 2023
The strategic geographical location of the plant in Soyo, Angola, one of the world’s most modern LNG processing facilities, enables Angola LNG to conveniently transport gas safely and economically to a variety of locations.
News
June 15, 2023
The new module will supplement the vessel’s existing onboard Wärtsilä regasification system and increase the terminal’s capacity with 212 MMscfd. The expanded capacity helps position Croatia as an energy hub for the region.
News
June 14, 2023
Under the terms of the agreement, TotalEnergies shall hold a 16.7% interest in the first phase of the project, which consists of three liquefaction trains with total annual capacity of 17.5 million tons per annum.
News
June 12, 2023
Liquefied natural gas (LNG) teams are being urged to do more business in China and India, and the company is providing higher bonuses for deals struck in those and other target nations, according to people who have been briefed on the company’s plans.
News
June 02, 2023
Qatar currently delivers more than 3.5 million tons per annum of LNG to Bangladesh. With this new SPA, QatarEnergy reaffirms its position as the LNG supplier of choice for its partners in the South Asia LNG markets.
