LNG export news

The company has received an order for project equipment for Venture Global’s 10 million tpy Plaquemines Phase 2 LNG export terminal project.

They signed a letter of intent to increase gas production and export, primarily through the development of an LNG project expected to start-up in 2023.

The notice to proceed is an instruction to McDermott to begin the work required in order to move the project toward major construction commencement in 2023.

TotalEnergies has signed the agreement with Sempra Infrastructure, Mitsui & Co. Ltd, and Japan LNG Investment for the expansion of the Cameron LNG production and export facility, located Louisiana, US.

Major oil and gas companies suspending their operations in Russia could disrupt progress of key Russian projects, finds GlobalData.

Tellurian has issued a limited notice to proceed to Bechtel Energy to begin construction of phase one of the terminal, located near Lake Charles, Louisiana, US.

According to the EIA, US LNG exports averaged 9.7 billion ft3/d in 2021, increasing by 50% from 2020.

Under the 20-year SPA, NFE will purchase 1 million tpy of LNG from Venture Global’s Plaquemines LNG export facility, and an additional 1 million tpy from their CP2 LNG facility.

The company states that it will re-engage and progress discussions on long-term LNG supplies from Qatar to Germany.

Venture Global LNG have executed a new 20-year sales and purchase agreement with Shell for the supply of 2 million tpy of LNG from Venture Global’s Plaquemines LNG export facility, which is expected to come online in 2024.