LNG

Santos has executed a binding sale agreement to deliver Kumul Petroleum Holdings Limited a 2.6% participating interest in PNG LNG.

Asian LNG buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility according to Mangesh Dilip Patankar, Vice President, APAC Gas and LNG Consulting at Wood Mackenzie.

Venture Global LNG announced its long-term expansion plan to increase production from 70 million tpy to more than 100 million tpy of nameplate LNG export capacity.

Molgas Energy Holding has joined forces with Enagás to collaborate in the start-up of El Musel.

Commonwealth LNG has entered into a Heads of Agreement with MET Group, an integrated European energy company headquartered in Switzerland, for the sale and purchase of 1 million tpy of LNG for 20 years from the Commonwealth LNG facility currently under development in Cameron, Louisiana.

Oman LNG has announced the signing of a binding term-sheet agreement with Secure Energy for Europe to supply 0.4 million tpy of LNG starting from 2026.

Sempra Infrastructure, a subsidiary of Sempra has announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company, Ltd., and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.

Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the US, has been awarded the Port Arthur LNG Phase 1 project marine dredging and disposal contract.

QatarEnergy has awarded Técnicas Reunidas additional EPC work including the pipe-lines, interconnections, ancillary systems, and other supporting components for the LNG offplot facilities for the North Field South Project.

Titan and 123Carbon have issued the first LNG-based carbon insets, readily available to the market.

Commonwealth LNG has signed a strategic agreement with Baker Hughes related to its LNG facility under development in Cameron Parish, Louisiana, the US.

TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia.

On 16 August 2023, Australia, Canada, Chile, Indonesia, Japan, the Republic of Korea, New Zealand, Papua New Guinea, Peru, Chinese Taipei, and the US met through their representatives to reiterate their commitment to the Global Methane Pledge.

ADNOC Gas plc has announced a five-year LNG supply agreement with Japan Petroleum Exploration Co., Ltd.

Commonwealth LNG has closed an investment of development capital from private funds managed by Kimmeridge Energy Management Company, LLC.