LNG export news
Baker Hughes awarded contract for Plaquemines LNG project
Venture Global LNG move forward with its Plaquemines terminal in Louisiana, US, awarding Baker Hughes a contract for a liquefaction system with 24 modularised compression trains.
GlobalData analyses Europe’s dependence on Russian gas
The company states that there is little prospect for Europe to reduce its dependence on Russian gas in the short-term.
Shell publishes annual LNG Outlook
The company states that global LNG trade increased by 6% in 2021 as countries rebounded from the impact of COVID-19.
IHS Markit: European LNG and Russia’s potential gas shutoff
In its new report, the company looks at whether Europe’s LNG imports would be sufficient in the event of Russian gas pipeline export disruption.
McDermott awarded tank contract
Venture Global Plaquemines has awarded McDermott with a contract for LNG storage tanks at the Plaquemines LNG export project in the US.
IHS Markit reports on largest LNG importer and exporter
US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer.
IHS Markit: Banning US LNG exports would be destabilising
Disrupting LNG supply would risk higher prices for domestic consumers, undermine US interests abroad and hinder global emissions reduction ef-forts, new report from IHS Markit finds.
EIA: US to dominate LNG export capacity by end of 2022
The US Energy Information Administration states that US LNG export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016.
Solutions to the gas crunch
Slava Kiryushin, Global Head of Energy at DWF shares his views on the gas crunch that threatens industry in UK, Europe, and other parts of the world.
GlobalData: Mexico to increase reliance on US natural gas
According to GlobalData, the US and Canada could see a 12% growth in natural gas production, while Mexico could suffer a 28% decline in domestic natural gas production from 2021 to 2025.