LNG project news

GlobalData predicts that China will lead the global LNG regasification capacity additions between 2022 and 2026, contributing 26% of the total LNG liquefaction capacity additions.

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project, the world’s largest LNG project.

An incident occurred at the company’s liquefaction plant on Quintana Island that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud and a subsequent fire at the facility.

Equinor and Cheniere have announced a 15-year purchase agreement of approximately 1.75 million tpy of LNG starting from 2026.

The companies, alongside Chevron Corp. and Italy’s Eni, are partnering on the North Field expansion, which will boost Qatar’s LNG output by 64% by 2027.

After extensive repairs and improvement work, Hammerfest LNG is back in production after the fire in September 2020.

The US is expected to lead the global LNG liquefaction capacity additions, contributing 57% of the total LNG liquefaction capacity additions between 2022 - 2026, says GlobalData.

Under the agreement, POSCO International has agreed to purchase approximately 0.4 million tpy of LNG from Cheniere Marketing on a FOB basis for a term of 20 years beginning in late 2026.

Crux will provide further supplies of natural gas to the existing Prelude floating LNG (FLNG) facility.

In light of this year’s MSGBC Oil, Gas & Power Conference & Exhibition, Energy Capital & Power looks at the six LNG projects to watch across West Africa.