LNG export news
Launch of Baltic LNG postponed until 2022 – 2023
Gazprom has postponed the launch of its Baltic LNG plant in the Leningrad region until 2022 – 2023.
World gas trade is changing
LNG market is becoming more fragmented with a spot market akin to oil.
Healthy supplies weigh on price
Global LNG projects must control their costs to be profitable at current LNG prices to compete against coal and renewable power.
ExxonMobil to expand US Gulf Coast manufacturing capacity
ExxonMobil to expand US Gulf Coast manufacturing capacity
Papua New Guinea asks to keep gas
Less than three years after Papua New Guinea began sending its gas overseas, the country’s future may be determined by how much of it stays at home.
Kinder Morgan sells 49% interest in Elba Liquefaction Co.
Kinder Morgan Inc. has announced that investment funds managed by EIG Global Energy Partners have become a 49% joint venture participant in Elba Liquefaction Co. LLC.
Driftwood LNG receives authorisation to export LNG to FTA nations
Tellurian Inc. has announced that its Driftwood LNG project has received authorisation from the US Department of Energy to export LNG to free trade agreement nations.
Samsung Engineering and KBR to design and construct Texas LNG project
Texas LNG Brownsville LLC has announced that it has awarded Samsung Engineering Co. Ltd and KBR Inc. contracts to construct its proposed 4 million tpy LNG export facility.
Total seeking to buy Iranian LNG project
Total is in talks to buy a multi-billion dollar stake in Iran's part-completed LNG export facility, Iran LNG.
Gorgon Train Two resumes LNG production
According to Reuters, production of LNG on Train Two of the Gorgon LNG project has now resumed.