LNG export news

Asian LNG spot prices continue to be negatively impacted by the growing supply glut.

Gunvor has announced that it has entered into a strategic LNG marketing and gas supply agreement with Commonwealth LNG in relation to Commonwealth’s LNG export project in Cameron Parish, Louisiana, US.

According to Qatar Petroleum’s chief executive Saad al-Kaabi, Qatar’s LNG production capacity will be expanded to 126 million tpy by 2027.

Elengy and Rubis Terminal have signed an MOU to launch preliminary studies for the development of an LNG storage facility at the Reichstett (Bas-Rhin) storage terminal.

Annova LNG has announced that it has received authorisation from FERC to construct and operate its mid-sized LNG export facility in Brownsville, Texas, US.

The US FERC has issued an order authorising the siting, construction and operation of NextDecade’s proposed Rio Grande LNG export facility.

Texas LNG has announced that the US Federal Energy Regulatory Commission has voted to authorise the two-train, 4 million tpy Texas LNG Brownsville project.

Freeport LNG has requested authority from the US FERC to place its first train into service.

Höegh LNG has reported its interim results for the quarter ended 30 September 2019.

Gazprom has decided to focus on LNG over shale gas moving forward, in light of the projected global growth prospects of both industries.