LNG
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LNG project in Mexico moves closer to FID in 2021.
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The Alaska LNG project moves another step closer to a final order, expected in June.
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The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.
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Train 2 has a projected export capacity of 4 mtpa. Train 3 is expected to reach production in Q2 2020.
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AG&P breaks ground on Karaikal LNG.
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Qatar has reportedly delayed the selection of Western partners for its massive North Field LNG project.
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Texas facilities get green light to export LNG. US export capacity is expected to almost double over the next 5 years.
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The LNG will come from the offshore Qatargas 4 project in the North Field, a joint venture between Qatar Petroleum and Shell.
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The unseasonably warm weather in the northern hemisphere and the rise of the global supply levels has resulted in record-low LNG prices. Adding to that, the coronavirus epidemic in China has reduced business and industrial activity, with January’s LNG imports dropping by about 10% year on year.
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A producer in the Marcellus Basin selected Edge Gathering Virtual Pipelines 2 to capture and liquefy gas from its stranded wells in Tioga County. Initial operation is underway and is set to be ongoing until at least 2022.