LNG export news

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.

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.