LNG

Black & Veatch has completed a feasibility study for the planned Andes Energy LNG regasification terminal and power plant.

Australia's Future Gas Strategy has highlighted a commitment for Australia to remain a reliable trading partner for LNG, while underscoring the role of gas in Australia's energy mix until 2050 and beyond, according to Wood Mackenzie.

ADNOC has signed a 15-year heads of agreement with EnBW Energie Baden-Württemberg AG for the delivery of 0.6 million tpy of LNG.

The business structure for the future operation of Deutsche Energy Terminal GmbH's LNG terminal Wilhelmshaven 2, which is currently under construction, is complete.

dmg events will present the Canada Gas Exhibition & Conference held in Vancouver, British Columbia, Canada, from 7 – 9 May 2024 at the Vancouver Convention Centre.

Tellurian Inc. has continued making progress on Driftwood LNG phase one construction with Bechtel.

bp has entered into a long-term LNG sale and purchase agreement with Korea Gas Corp.

Russia’s gas and LNG industries have suffered from sanctions imposed by Western countries in the wake of Russia’s invasion of Ukraine due to limited pipeline infrastructure and reliance on Western companies, reports Rystad Energy.

Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.

Norton Rose Fulbright has advised Tokyo Gas Co., Ltd and related entities on the sale of its minority interests in four Australian LNG projects.

MidOcean Energy has announced the completion of its previously announced agreement to acquire SK earthon’s 20% interest in Peru LNG, owner and operator of the first LNG export facility in South America.

TotalEnergies has joined forces with the Sultanate of Oman and OQ Alternative Energy for the building of the Marsa LNG project, a sustainable LNG project fueled using renewables.

AB KN Energies, UAB Hoegh LNG Klaipeda, and the Lithuanian Maritime Academy have signed a tripartite agreement, committing to developing and enhancing the competence of seafarers in the servicing, management, and maintenance of FSRUs and LNG carriers.

The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.

The US exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion ft3/d, according to the EIA’s Natural Gas Monthly.