LNG

Several companies have provided updates on their North American LNG projects, including Pembina, LNG Canada, and Sempra. The outlooks vary from plans to move ahead to others seeking money to stay afloat.

LNG project in Mexico moves closer to FID in 2021.

The Alaska LNG project moves another step closer to a final order, expected in June.

The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.

Train 2 has a projected export capacity of 4 mtpa. Train 3 is expected to reach production in Q2 2020.

AG&P breaks ground on Karaikal LNG.

Qatar has reportedly delayed the selection of Western partners for its massive North Field LNG project.

Texas facilities get green light to export LNG. US export capacity is expected to almost double over the next 5 years.

The LNG will come from the offshore Qatargas 4 project in the North Field, a joint venture between Qatar Petroleum and Shell.

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.