US LNG news

In our recent May issue of LNG Industry, Rostom Merzouki, Director, ABS Global Gas Development, Qatar, depicts how changes in commercial market dynamics and the demand of the energy transition will directly impact vessel design and operations.

Tellurian Inc. has continued making progress on Driftwood LNG phase one construction with Bechtel.

Stabilis Solutions, Inc. has announced the extension of its LNG supply agreement with a leading global provider of on-demand industrial power solutions.

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.