LNG export news

Under the SPA, ExxonMobil LNG Asia Pacific will purchase 1.0 million tpy of LNG, which will be supplied from the first two trains of NextDecade’s Rio Grande LNG export project.

According to the US Energy Information Administration, June’s LNG exports averaged a 1.5 billion ft3/d decline from May due to the Freeport LNG outage.

Stade will be the site of one of the four floating LNG terminals – so-called FSRUs – chartered by the Federal Government of Germany.

Under the SPA, PetroChina’s subsidiary, PCI, has agreed to purchase up to approximately 1.8 million tpy of LNG from Cheniere Marketing on an FOB basis.

Following the Freeport outage, the US Energy Information Administration expects US LNG exports to fall by 6%.

Fluor Corporation has announced that it was awarded a full notice-to-proceed contract by NFE for the engineering, procurement, and fabrication management of the NFE Fast LNG 2 project.

An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.

As part of the agreement, the companies will develop the Lakach deepwater natural gas field which NFE will use to produce LNG for global export.

Under the SPA, Guangdong Energy Group will purchase approximately 1.0 million tpy of LNG indexed to Henry Hub and delivered on an ex-ship (DES) basis.

New figures revealing the record contribution of Australia’s oil and gas exports highlight the importance of LNG projects and export market certainty.