Qatar Petroleum signs SPA with Sinopec
Qatar Petroleum has signed a 10-year agreement with Sinopec to deliver 2 million tpy of LNG to China.
Special reports
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ABB to provide electrical systems for Mozambique LNG Project
ABB has signed an agreement with CCS JV (comprising Saipem, McDermott, and Chiyoda) to supply comprehensive integrated and intelligent electrical systems for the project.
NorthStar reports on expansion project progress
The company states that the expansion of the JAX LNG project is on track to be in service by 4Q2021.
EIA: Asia main export destination for US LNG in 2020
According to the US Energy Information Administration, exports to Asia increased 67% in 2020.
Total Marine Fuels Private Limited awarded third LNG bunker supplier license by MPA
The licence reinforces Total’s commitment in helping Singapore develop into an LNG bunkering hub for Asia.
Shell sells interest in QCLNG Common Facilities to Global Infrastructure Partners
Global Infrastructure Partners has acquired a 26.25% interest in Queensland Curtis LNG Common Facilities from Shell for US$2.5 billion.
PETRONAS and ADNOC sign MoU
The agreement will see the companies work together on the exploration, development, and production of Abu Dhabi’s conventional and unconventional resources.
New role of the Russian gas industry
AlexandeR KlimentyeV, Andrej Haug, Amina Talipova, and Minzalya Ishmuratova, part of a Russian small and mid scale LNG research group, investigate the new role of the Russian gas industry.
Cornwall Insight reports on LNG volatility and British markets
Sam Peek, Analyst at Cornwall Insight, states that Great Britain’s markets may become more susceptible to the volatility of global LNG prices.
MAN Energy Solutions awarded contract by TERNA S.A.
MAN Energy Solutions will engineer and provide services for an LNG truck-loading infrastructure project located in Greece.
GlobalData: European majors have strongest LNG growth capacity
According to GlobalData, European majors have a stronger LNG growth potential to 2025 than their US competitors.
ExxonMobil announces company and board appointments
Michael Angelakis and Jeffrey Ubben are set to join the ExxonMobil board of directors, and ExxonMobil Global Projects Company intends to elect Jon Gibbs as President with Neil Duffin announcing his retirement.
Shell: LNG set for global growth
According to Shell’s latest annual LNG Outlook, net-zero ambitions will be one of the driving factors for LNG market growth.
Annual US LNG exports forecast to exceed pipeline exports in 2022
US LNG exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022, according to US EIA forecasts.
Qatar’s LNG expansion set to increase Middle East project sanctions in 2021
According to Rystad Energy, Qatar’s attempt to reclaim the LNG production throne will make Middle East 2021’s global sanctioning epicentre.