LNG project news

Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.

Norton Rose Fulbright has advised Tokyo Gas Co., Ltd and related entities on the sale of its minority interests in four Australian LNG projects.

Texas Brownsville LLC has signed a Heads of Agreemnt with EQT Corporation for natural gas liquefaction services for an additional 1.5 million tpy of LNG over 20 years.

Technip Energies has been awarded an engineering, procurement, and construction contract of a liquefaction train for OQ and TotalEnergies’ Marsa LNG project.

TotalEnergies has joined forces with the Sultanate of Oman and OQ Alternative Energy for the building of the Marsa LNG project, a sustainable LNG project fueled using renewables.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

OLT Offshore LNG Toscana has confirmed that the uninstallation of the FSRU Toscana terminal has concluded, and the unit will be tugged to Genoa.

Baker Botts has acted as legal counsel to Pembina on the commercial agreements between Cedar LNG Partners LP and offtakers ARC Resources Ltd and Pembina.

Baker Hughes has been awarded an order from Black & Veatch to supply Cedar LNG in Canada with electric driven liquefaction technologies.

TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play.