LNG
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID. -
Equinor, Shell, ExxonMobil expect the long-delayed project to come online around 2030.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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The vessel has been under bareboat charter with the company since its delivery in June 2020.
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Already a partner in the Cameron LNG export facility in southwest Louisiana, Mitsui now expands its US gas and LNG exports with an investment in upstream unconventional assets.
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The two LM9000-driven trains are part of the ZLNG nearshore floating LNG project.
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Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
