LNG
US EIA data show exports rising from 0.5 Bcf/D in 2016 to 15 Bcf/D in 2025, positioning the US as the world’s largest LNG exporter with further capacity growth expected next year.
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.
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Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.
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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.