LNG export news

LNG Limited has extended the validity period of its current binding engineering, procurement and construction contract with KSJV for its wholly owned subsidiary, Magnolia LNG LLC.

LNG liquefaction production has grown dramatically over the past ten years.

The Middle Eastern rift between Qatar and Saudi Arabia has stoked concern over supply disruptions spilling over into global gas markets.

Woodfibre LNG Ltd has announced that the Canadian government has approved a 40-year export licence for the Woodfibre LNG Project in Squamish, British Columbia, Canada.

The project would cost US$8 billion and LNG exports were expected to start in 2022.

According to Reuters, a consortium that includes JGC has reached a deal valued at 700 billion yen to construct a floating LNG platform off of the coast of Mozambique.

LNG shipments are putting the US on the path to becoming a net gas exporter by next year.

According to Reuters, Chevron has restarted Train 1 at the Gorgon LNG project in Australia ahead of time.

Asian LNG spot prices dropped last week due to a lack of significant new demand from the Middle East and others.

Sinwa Ltd has announced that it has won a number of new supply agreements for vessels involved in Shell’s Prelude floating LNG project.