LNG export news
Vitol expecting shutdowns in response to recent supply glut
Vitol’s head of LNG trading, Pablo Galante Escobar, has gone on record stating that the short term prospects for LNG business are ‘bleak’.
North America LNG liquefaction capacity to see major boost in 2023
According to GlobalData, North America is expected to add approximately 265 million tpy of LNG liquefaction capacity in 2023.
Nakilat to expand its global outreach through Panama Canal LNG transits
Nakilat has conducted compatibility studies and thorough assessments of Q-Flex class LNG carriers, specifically looking into their ability to safely transition through the new locks in the near future.
Delek Drilling exploring options with Egyptian LNG facilities
Israel’s Delek Drilling is currently exploring natural gas export opportunities with Egypt.
Commonwealth LNG calls for ‘greater innovation’
The CEO for Commonwealth LNG recently spoke in Japan about the need for innovation in designing and building future LNG liquefaction plants.
Energy Transfer and Shell sign framework agreement for Lake Charles LNG project
Energy Transfer LP has signed a project framework agreement with Shell US LNG LLC, providing the framework to further develop a large scale LNG export facility in Lake Charles, Louisiana, US, toward a potential final investment decision.
Chart and IOCL join forces in India
Chart Industries, Inc. and Indian Oil Corporation Limited have agreed to jointly pursue LNG market development in India.
Tanzania LNG project talks to conclude in September
Tanzania is due to conclude its talks with the Equinor-led group of oil and gas companies interested in developing an LNG project within its borders in September.
LNG Limited to expand Magnolia export capacity
The US DOE has granted authorisation for the expansion of Magnolia LNG’s FTA export capacity to 8.8 million tpy.
Chart books order for equipment for Calcasieu Pass LNG terminal
Chart Industries Inc. has announced that it has booked a US$135 million order for the cold box and brazed aluminium heat exchanger equipment content on Venture Global’s Calcasieu Pass LNG export terminal.