LNG

The companies have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million t to 110 million t by 2026.

Revenue from the sector is set to provide a direct benefit to the Queensland community from the state’s LNG export projects.

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.

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project, the world’s largest LNG project.

Wood Mackenzie states that a rewriting of energy trade flows is now underway following the complete ban on Russian commodity exports.

The total capacity of the zero-emission terminal is 13.3 billion m3/y of natural gas with a send-out capacity of 21.7 Gwh/h. This corresponds to approximately 15% of Germany’s gas demand.

The company has changed its name from Titan LNG to Titan.

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.

The auctions were for the allocation of the continuous regasification capacity, in relation to multi-year allocation processes with expression of interest, concerning gas year from 2022/2023 to gas year 2032/2033.

Shell has signed separate non-binding Memorandums of Understanding with its long-standing LNG buyers Tokyo Gas and Osaka Gas.

Over 40 marine fuel suppliers have gathered at Posidonia 2022 during a critical juncture as shipping fuel and lubes prices skyrocket as the geopolitical and regulatory tussles take their toll.

Equinor and Cheniere have announced a 15-year purchase agreement of approximately 1.75 million tpy of LNG starting from 2026.

TotalEnergies has been the first company selected to partner with QatarEnergy on the giant North Field East LNG project in Qatar.

During the first four months of 2022, the US exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA.

Adriatic LNG kicks off the auction for operators interested in importing long-term LNG in Europe, with an overall LNG regasification capacity of approximately 147 billion m3 for the next 25 years.