Current LNG projects

ADNOC Gas plc has announced an agreement, valued between US$450 million – US$550 million, to supply LNG to PetroChina International Company Ltd.

Lloyd’s Register and Shanghai COSCO SHIPPING LNG investment, a subsidiary of China Shipping Corporation Limited, have signed a partner agreement. The intended partnership will see the world’s oldest marine classification society work with a key player in LNG shipping sector.

Tellurian Inc. and Baker Hughes announced an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.

Power Conversion, an integral part of the GE Vernova portfolio of energy businesses, will convene with energy sector thought leaders at Gastech 2023 to showcase its most advanced electrification solutions.

BP has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.

Karpowership International and Galileo Global Technologies Ltd have signed a memorandum of understanding to form a strategic partnership in a range of technical and commercial areas.

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.

North America will continue to dominate the global LNG liquefaction capacity additions, contributing about 59% of the total capacity additions between 2023 and 2027, according to GlobalData, a leading data and analytics company.

The Norwegian government has approved the Snøhvit partners' plans for the future operation of Snøhvit and Hammerfest LNG, subject to certain conditions.