EIA: global trade in LNG grew by 4.5% in 2021
An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.
Browse the latest lng news and articles.
An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.
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.
Under the SPA, Guangdong Energy Group will purchase approximately 1.0 million tpy of LNG indexed to Henry Hub and delivered on an ex-ship (DES) basis.
New figures revealing the record contribution of Australia’s oil and gas exports highlight the importance of LNG projects and export market certainty.
The agreement involves expanding the supply of natural gas to multiple facilities in Baja, Mexico, as well as creating a new LNG hub off the coast of Mexico.
BW Singapore, built in 2015, has a maximum storage capacity of approximately 170 000 m3 of LNG and a nominal continuous regasification capacity of approximately 5 billion m3/y.
The order, which was received in 2Q22, was for the tank design of three new LNG carriers.
Under the 20-year Sales and Purchase Agreement, China Gas will purchase 1.0 million tpy of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas, US.
Shell has been selected by QatarEnergy as a partner in the North Field East (NFE) expansion project in Qatar.
The company has announced the appointment of Elio Ruggeri as Chairman and the confirmation of Giovanni Giorgio in the role of Chief Executive Officer.
The event is taking place in Milan, Italy, from 5 - 8 September 2022.
Up to 7.5 billion m3/y of natural gas are to be handled via this terminal as quickly as possible. This is approximately 8.5% of Germany’s current gas demand per year.