LNG

The project framework agreement moves the proposed conversion of Lake Charles LNG’s import and regasification terminal closer to sanction, which is expected sometime this year.

Commissioning is complete and Bechtel has turned over care, custody, and control of Train 1 to Cheniere, It's the first liquefaction train placed into operation in a greenfield facility in the lower 48 states.

Anadarko Mozambique Area 1, LTDA, a subsidiary of Anadarko Petroleum Corp., named the preferred tenderers for provision of the subsea production systems. Formal award will follow final agreement of contracts and Mozambique LNG taking a final investment decision, expected in the first half of this year.

Wood and KBR inked a multimillion-dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia's Crux project to build a not-normally-manned (NNM) platform and gas export pipeline located approximately 600 km north of Broome, offshore Western Australia (WA). The Crux field water depth is 110 to 170 m.

First gas from the Cassia C platform, which will help maintain production rates to the Atlantic LNG terminal, is expected in 2021. The Matapal project, which will tie back to the Juniper platform, will come on stream in 2022.

The US EIA projects LNG export capacity will rise to 8.9 Bcf/D by the end of next year, making the US the third-largest exporting country in the world behind Australia and Qatar.

Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.

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.