Regasification

The companies will jointly acquire an 80% equity stake in GNL Quintero S.A. an LNG regasification terminal in Chile.

The terminal’s regasification capacity for this gas year is fully booked, partly in response to the rising uncertainty due to Russia’s attack on Ukraine.

The company is offering up to 3.5 billion m3 of regasification capacity between 2023 and 2036.

Sempra Infrastructure signed an agreement with Mexico’s Federal Electricity Commission regarding the development projects in Mexico.

Adriatic LNG’s open season has allocated a significant regasification capacity over a period of approximately three years.

The tender procedure organised by Adriatic LNG was a success.

The company started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal in Salvador, Bahia, on 8 December.

Woodside and Viva Energy have entered into an MoU to progress LNG regasification agreement.

The country is to see a 1752 billion ft3 LNG regasification capacity addition by 2025, according to GlobalData.

The project will provide power for 30% of the country’s electricity demand.

The company states that China is likely to witness total LNG regasification capacity additions of 5956 billion ft3 by 2025.

According to the company, China is expected to contribute 36% of total LNG regasification capacity additions in Asia between 2021 and 2025.

The company’s report states that India could account for 21% of APAC LNG regasification capacity by 2025.

Calling for LNG market players to participate in an EOI for a new proposed LNG tank storage in Pengerang, Johor, Malaysia.

According to GlobalData, China is set to commence the operations of 70 midstream oil and gas projects from 2021 to 2025.