LNG export news

Under the 20-year Sales and Purchase Agreement, China Gas will purchase 1.0 million tpy of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas, US.

Up to 7.5 billion m3/y of natural gas are to be handled via this terminal as quickly as possible. This is approximately 8.5% of Germany’s current gas demand per year.

The HOA is for the long-term supply of LNG from Sempra Infrastructure’s Gulf Coast LNG portfolio of projects under development in North America.

The companies have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million t to 110 million t by 2026.

Revenue from the sector is set to provide a direct benefit to the Queensland community from the state’s LNG export projects.

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project, the world’s largest LNG project.

Equinor and Cheniere have announced a 15-year purchase agreement of approximately 1.75 million tpy of LNG starting from 2026.

TotalEnergies has been the first company selected to partner with QatarEnergy on the giant North Field East LNG project in Qatar.

During the first four months of 2022, the US exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA.

Despite the ongoing war in Ukraine, it is anticipated that restrictions on the importation of Russian gas to the EU will not significantly impact on gas supply to Ireland.