US LNG news

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.

The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.

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

The US exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion ft3/d, according to the EIA’s Natural Gas Monthly.

Mexico Pacific Limited LLC has announced that Sarah Bairstow, the company’s President, has been appointed as CEO, effective immediately.

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.

In 2023, the US became the leading LNG exporter, driven by increased exports to Europe and Asia, with the the Netherlands, France, and the UK as top importers, while Brazil’s LNG imports declined due to hydropower reliance.

Enbridge Inc. has entered into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP to form a joint venture that will develop, construct, own, and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing LNG and US Gulf Coast demand.

Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.

Texas LNG, Glenfarne’s 4 million tpy LNG export terminal, has moved to the execution phase of project financing.