LNG export news

Venture Global, Inc. has announced the execution of two binding agreements with TotalEnergies and Vitol for the purchase of additional US LNG from Venture Global.

Gunvor International B.V. Amsterdam has entered into a long-term LNG sale and purchase agreement with Delfin LNG LLC.

Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the U.S. Energy Information Administration has reported.

Enbridge Inc. has announced that the Canadian government has approved the expansion of its natural gas pipeline system in British Columbia.

The growth in first quarter volumes at the Port of Corpus Christi compared to the prior year were primarily supported by continued growth in LNG.

The U.S. Energy Information Administration’s latest Short-Term Energy Outlook forecasts that US LNG exports will continue to increase as five LNG export projects start operations and ramp up production by the end of 2027.

The Export-Import Bank of the United States has approved an export credit insurance authorisation of more than US$2 billion supporting US LNG exports to Egypt.

The U.S. Department of Energy has authorised an immediate 22% increase in exports of LNG from the Elba Island Terminal in the US.

Golden Pass LNG has achieved first production of LNG from Train 1 at its Sabine Pass Terminal, marking a major milestone in the project’s journey to full operations.

LNG Canada is starting construction work near its marine terminal consisting of wharf demolition, quay wall construction, and assessment of dredging work.