LNG project news

Jordan Cove LNG has signed non-binding sales agreements for a total quantity of LNG that is greater than its planned export capacity of 7.5 million tpy.

Since its launch in March 2018 the Port Kembla Gas project has made significant progress and is in the last stage of preparation for its FID.

StocExpo Europe will take place on 26 – 28 March 2019 at the Ahoy in Rotterdam, covering the most prominent challenges, developments and solutions in the global tank terminal industry.

Baker Botts has announced that a cross border team of its global projects lawyers has acted for PAO Novatek on the sale of a 10% participation interest in the Arctic LNG 2 project.

The US DoE Office of Fossil Energy has issued the authorisation for Venture Global Calcasieu Pass LNG to export domestically produced LNG from its export facility in Cameron Parish, Louisiana, to non-free trade agreement countries.

Total has announced that it has signed the definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2.

Cheniere Energy Inc. and Bechtel Oil, Gas and Chemicals, Inc. have announced that substantial completion of Train 1 of the Corpus Christi liquefaction project was achieved on 28 February 2019.

Phoenix Petroleum and CNOOC have signed a deal with PNOC regarding the planned Tanglawan LNG hub project.

According to Reuters, two industry sources have stated that Angola’s LNG facility has offered a cargo for delivery this month.

Asian LNG spot prices have continued to fall and have now reached a 19 month low.