LNG export news

NextDecade Corp. has reported its 1Q20 results, in which it has announced that an FID on its Rio Grande LNG project is now expected in 2021.

Sempra LNG has announced that Cameron LNG has begun producing LNG from the third and final liquefaction train of its Phase 1 liquefaction-export project.

Rystad Energy has identified the LNG producers better positioned to curtail their output in response to the state of oversupply caused by the COVID-19 coronavirus pandemic.

Asian LNG spot prices have recorded a jump of at least 20% in the last week, due to constricted supply amid recovering demand in Asia.

According to the latest Rystad Energy analysis, the US’ top gas basin for LNG exports could be set for a 20% output decline in a US$1.80 – US$1.90 Henry Hub scenario.

NextDecade has reaffirmed that it still intends to make an FID on its Rio Grande LNG export plant in 2020, in response to reports of a delay to the process.

A-Property has hired TechnipFMC to assist with a new LNG plant from which exports could be made from Russia to Asia.

Pieridae and Uniper have agreed to extend key deadlines in their long-term Goldboro LNG agreement.

Andreas Silcher and Chrysa Kitsou, Haynes and Boone CDG, LLP, UK, take a detailed look at the Mediterranean LNG market.

Freeport LNG has commenced commercial operations for its third liquefaction train, bringing the project to full operating capacity.