LNG
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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.
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Larger-capacity LNG truck trailers and new regulations for transport by rail are providing more options for industrial consumers in remote locations.
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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?
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For an industry once fueled by the law of supply and demand, the new economic reality has brought new rules.