LNG

The agreement calls for the two companies to partner on techno-economic feasibility studies and jointly assess investment opportunities across the LNG value chain.

Canadian agencies will begin establishing the scope of environmental assessment of the project, which is scheduled to start up in 2024.

Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.

After years of near-misses, a Shell-led partnership is building the first liquefied natural gas export facility in Canada. It creates a much-needed export market for producers facing a gas glut, but more is needed.

Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.

The construction of an LNG regasification terminal in Tema, Ghana, in addition to the first delivery of gas from the offshore Sankofa field in August, is decreasing the country’s reliance on liquid fuels and imports. About 80% of its power generation requirements will be met with gas.

Qatargas will provide 3.4 mtpa of LNG to China. PetroChina signed a 22-year agreement with the world's largest LNG-producing company.

A new paper from ADI Analytics examines the circumstances in which natural gas could become an attractive method for fueling oilfield equipment.

The engineering company Cosmodyne will work directly with the utility company and its EPC contractor for the project, which will utilize its LINEX natural gas liquefier.

Three companies are collaborating to develop the equipment needed to make LNG a feasible alternative fuel for ship owners and operators.