Liquefaction

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.

Cameron LNG Phase 1 and proposed Phase 2 export projects will potentially serve as the anchor source for the Hackberry Carbon Sequestration project.

In light of this year’s MSGBC Oil, Gas & Power Conference & Exhibition, Energy Capital & Power looks at the six LNG projects to watch across West Africa.

Located approximately 250 km from Abu Dhabi, UAE, the facility will include an LNG plant with a total capacity of 9.6 million tpy.

Operations of the facility are to resume in one week.

Asia is expected to contribute approximately 27% of the total global small scale LNG liquefaction capacity additions by 2026 according to GlobalData.