LNG project news

China’s National Petroleum and Natural Gas Pipeline Network Group has announced that ground has been broken for a new LNG terminal project in Yantai, Shandong Province.

Pieridae Energy Ltd has issued a statement in response to the AER’s decision to deny the application to transfer licences for Shell’s Foothills Assets to Pieridae.

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.

The EXIM Board has unanimously approved amended financing of US exports to the Mozambique LNG project and support of more US jobs.

Nigeria LNG has awarded Saipem’s SCD JV contracts for the engineering, procurement and construction of its Train 7 Project.

Equatorial Guinea has awarded a contract for a new Gas Master Plan to support the ongoing development of its offshore Gas Mega Hub.

Shell Gas B.V. has announced that all conditions for its FID on a new LNG processing unit at Nigeria LNG have now been met.

Russia’s Sakhalin 2 LNG plant is going to postpone some of its annual maintenance to 2021, due to logistical difficulties caused by the COVID-19 coronavirus pandemic.

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.