LNG

Larger-capacity LNG truck trailers and new regulations for transport by rail are providing more options for industrial consumers in remote locations.

The growing opposition in the US for new natural gas pipelines comes as supply and demand continue to grow. Pipelines are necessary for the transport of the gas. Why is there a disconnect between the two?

For an industry once fueled by the law of supply and demand, the new economic reality has brought new rules.

The US approved construction and operations for the Jordan Cove project in March; first gas is anticipated in 2024

The drop in US LNG exports comes amid a combination of weak demand, ample supply, additional capacity coming on line, and flexibility to cancel US cargoes.

Although these look like ordinary tankers, they are unique and run on LNG and recovered oil vapors.

Construction on Mozambique LNG stopped in April due to COVID-19, but Total continues work on the project even amid a $12 Billion shortfall. Financing for the Mozambique LNG project follows engineering contracts awarded by Total in the past few months.

The race is on to fill NWS gas export plant.

Train 7 is scheduled for commissioning by 2024 and would bring total capacity of Nigeria LNG’s complex to 30 mtpa.

New LNG capacity in 2019 kept pace with higher trading volumes and supply/demand growth. Key questions and barriers still remain for the future of the LNG industry in 2020.