LNG
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Global market conditions have impacted Magnolia LNG’s ability to reach FID. Kinder Morgan’s pipeline project also depends on an FID for the Magnolia LNG project.
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Tellurian CEO Meg Gentle outlined how the US LNG market should address expected tight market conditions through 2025 while managing a transition to a carbon neutral environment.
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The metocean and tidal conditions led to the development of the jetty-less solution for the project, which Delta Offshore continues to push toward FID.
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The FEED contract is expected to be converted into an engineering, procurement, construction, and installation contract in Q1 2021.
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Companies are looking to plan smaller LNG plants, which may be COVID-proof, but the industry still faces a 100-mtpa shortfall in the mid-2020s.
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The Cameron LNG project completed its final train this month, but other LNG projects such as Calcasieu Pass LNG, Driftwood LNG, and Lake Charles LNG face difficulties during the economic downturn.
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The LNG A-Box containment system is designed for LNG carriers to serve smaller terminals, where larger ships are not feasible.
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Repair work on the Gorgon LNG plant’s propane heat exchangers is underway. Planned maintenance on the Gorgon Train 2 was expected to end in July.
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The original technology selected in 2015 and 2016 for Rio Grande LNG has since evolved. With five trains instead of six, Rio Grande LNG will still produce 27 mtpa.
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The Mozambique LNG project expects to achieve financial close in Q3.