LNG

Worley has announced a non-exclusive strategic agreement with Baker Hughes to jointly pursue opportunities in the LNG sector.

Santos has announced a final investment decision to proceed with the Agogo production facility tie-in project in Papua New Guinea, following approval by the PNG LNG joint venture.

Woodside has released an economic impact assessment by Deloitte Access Economics which estimates the Browse to North West Shelf project could contribute a long-term uplift of more than AUS$141 billion in gross domestic product nationally.

Eni has tested the Geliga-1 gas discovery, with results offering the potential to reactivate up to two additional LNG trains currently out of service at the Bontang plant.

Gunvor International B.V. Amsterdam has entered into a long-term LNG sale and purchase agreement with Delfin LNG LLC.

Bulgargaz EAD has launched a tender procedure for the delivery of one cargo of LNG to a terminal in Turkey.

The U.S. Secretary of Energy joined US officials and American companies at the Three Seas Initiative Summit to announce billions of dollars of private capital investment in the Central and Eastern European region.

PETRONAS and ENEOS Xplora have signed definitive agreements formalising ENEOS’ re-entry into Malaysia LNG Tiga Sdn. Bhd.

Vietnam Gas Corp. has imported over 71 000 t of LNG from Australia and 45 000 t of LPG from the US.

Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the U.S. Energy Information Administration has reported.

Prime Minister Carney has announced the Canada Strong Fund – Canada’s first national sovereign wealth fund, which will strategically invest in Canadian projects and companies driving its economic transformation.

Data released by Wood Mackenzie shows the Middle East conflict disrupted 80 million tpy of Gulf LNG exports, yet power markets absorbed the shock through fuel diversification.

Bluepoint Wind and Golden State Wind have each separately signed an agreement with the Department of the Interior to voluntarily end their offshore wind leases, with the respective affiliate companies agreeing to make financial investments in LNG projects.

Shell plc has entered into a definitive agreement to acquire ARC Resources Ltd, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada.

Enbridge Inc. has announced that the Canadian government has approved the expansion of its natural gas pipeline system in British Columbia.