Liquefaction

According to Rystad Energy, Qatar’s latest liquefaction capacity drive is set to cost a total of US$50 billion and its sanctioning is unlikely this year.

LNG Limited has announced that it has entered into a bid implementation agreement with LNG9, pursuant to which LNG9 will make an offer to acquire all of the issued ordinary shares of LNGL.

Nisga’a Nation has spoken out in support of LNG development in British Columbia.

Tellurian and Petronet have extended their MOU for up to 5 million tpy of LNG and equity investment in Driftwood.

According to Reuters, Cheniere Energy Inc. has said that it does not expect “significant or prolonged curtailment of US LNG production” as low global gas prices cause some companies to cancel cargoes.

Yamal LNG has announced that it has reached a new milestone, having shipping its 30 millionth tonne of LNG since the project commenced operations.

According to Reuters, three LNG cargo shipments have been delayed from the Tangguh LNG project in Indonesia due to the coronavirus outbreak.

Stabilis Energy Inc. has announced that it has filed a permit application to build and operate a small scale LNG production facility in Monterrey, Nuevo Leon, Mexico.

Cheniere has reported its results for 4Q19 and full year 2019 and reconfirmed its full year 2020 guidance.

Venture Global Plaquemines LNG, LLC and Électricité de France, S.A. (EDF) have entered into a 20-year SPA for a supply of 1 million tpy of LNG.

Oil Search Ltd. is working to revive LNG expansion talks between Exxon Mobil Corp and the Papua New Guinea government.

Tellurian Inc. has continued to build its natural gas business and concluded 2019 with momentum for the commercialisation and development of its first project, Driftwood LNG.

Worley has announced that it been awarded two master service agreements by Total E&P Mozambique Area 1 Limitada to provide services to the Mozambique LNG project.

Siemens has announced that it has been awarded a contract to supply three boil-off compressor packages for Venture Global’s Calcasieu Pass LNG project.

INPEX has signed memorandums of understanding regarding gas supply from the Abadi LNG project, Masela Block, Indonesia.