LNG
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Four companies are now under consideration for the EPC deal, which will include the building of a jetty with two berths for LNG carriers. Located near the Port of Hamburg, Germany's first LNG terminal is scheduled to start up by the end of 2022.
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The decision follows a previous $10-billion investment in LNG the country made in 2017. While that investment focused on outside energy supply sources, this one will be used to develop infrastructure in Southeast Asia and the Indian subcontinent.
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Located offshore the city of Batangas, approximately 2 hours south of Manila, the Luzon LNG project will include a fully integrated turnkey FLNG terminal, arranging the necessary supply of LNG and distribution of natural gas across the island of Luzon.
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India’s Petronet LNG Ltd. signed a $7.5-billion agreement to buy into Tellurian Inc.’s proposed LNG terminal in Louisiana in what is described as potentially one of the largest foreign investments in the US to ship shale gas abroad.
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The small-scale facility in northern Florida will support the export of LNG to markets that cannot be served by large LNG carriers, including a number of ports in Caribbean nations. Up to 100 LNG carriers are expected to run through the Jacksonville LNG export terminal each year.
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The virtual storefront will allow Freeport LNG to match physical, bilateral transactions with potential offtakers in a variety of trading formats. It is expected to launch this November.
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After failing to meet a previous 2018 deadline, the owners of the Bonny Island plant say they are close to sanctioning the expansion project following the signing of a letter of intent to a consortium of Saipem Chiyoda and Daewoo for EPC services. Train 7 will add 8 mtpa to Bonny Island’s production
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With a production capacity of nearly 20 mtpa, Wood Mackenzie says the project would be the largest single project to reach FID. Novatek plans to spend more than $21 billion to launch the project at full capacity. Startup is scheduled for 2023.
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Operator Cheniere now has seven completed liquefaction trains under its control, with two trains done at Corpus Christi and five at Sabine Pass. First commercial delivery from Corpus Christi is still on track for May 2020.
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The berth project would accomodate an increased number of carriers arriving at the LNG export terminal in Louisiana, minimizing delays caused by adverse weather or ship traffic and removing bottlenecks associated with LNG loading.