Liquefaction

ION Commodities will manage Golden Pass LNG’s physical and financial natural gas and LNG portfolio needs.

TotalEnergies has announced the launch of the first phase of front-end engineering and design studies for the project.

They have announced the launch of Global LNG Liquefaction Monitoring, which provides near real-time market intelligence on liquefaction train statuses.

Fluor Corporation has announced that it was awarded a full notice-to-proceed contract by NFE for the engineering, procurement, and fabrication management of the NFE Fast LNG 2 project.

The Woodfibre LNG project near Squamish, British Columbia, Canada, will use hydroelectricity to reduce its greenhouse gas emissions by more than 80%.

As part of the agreement, the companies will develop the Lakach deepwater natural gas field which NFE will use to produce LNG for global export.

Wood will deliver owner’s engineering services for the Cameron LNG expansion project in Louisiana, US.

Wärtsilä systems will be installed on eight new LNG carrier vessels being built for Knutsen OAS.

Asia is set to continue to dominate the global LNG regasification capacity additions, contributing approximately 75% of the total LNG liquefaction capacity additions between 2022 and 2026.

GlobalData predicts that China will lead the global LNG regasification capacity additions between 2022 and 2026, contributing 26% of the total LNG liquefaction capacity additions.

An incident occurred at the company’s liquefaction plant on Quintana Island that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud and a subsequent fire at the facility.

Equinor and Cheniere have announced a 15-year purchase agreement of approximately 1.75 million tpy of LNG starting from 2026.

Under the SPA, Energy Transfer LNG will supply 0.7 million tpy of LNG to China Gas on a FOB basis.

The US is expected to lead the global LNG liquefaction capacity additions, contributing 57% of the total LNG liquefaction capacity additions between 2022 - 2026, says GlobalData.

Under the agreement, POSCO International has agreed to purchase approximately 0.4 million tpy of LNG from Cheniere Marketing on a FOB basis for a term of 20 years beginning in late 2026.