LNG
Train 4 is expected to add 6 million tonnes per year of capacity to the South Texas liquefied natural gas project when it goes online in 2030.
Louisiana-based project will use operator’s Optimized Cascade process to turn feed gas into LNG.
The floating liquefied natural gas ship Hilli Episeyo, currently offshore Cameroon, is planned for upgrades before redeployment to Argentina.
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Port Arthur LNG is expected to handle 13 mtpa of liquefied natural gas, with first LNG cargoes expected in 2027.
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Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
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More than 2.0 mtpa of LNG to come from Plaquemines LNG and CP2 LNG facilities.
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Record prices and the need for energy security are driving US LNG market momentum.
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The company has tapped Bechtel to complete the front-end engineering and design study of the expansion, which would add 20 mtpa of LNG production capacity.
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The Texas coast LNG terminal had been idled since a fire damaged a portion of the facility in June.
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Fossil fuel importers could move more quickly to renewables as a domestic alternative to buffer the impact of energy supply disruptions and rising prices.
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The new facility will hook into Eni's FSRUs and other Marine XII development infrastructure.
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The deal for 1 mtpa results in the planned initial phase of Port Arthur LNG plant being fully subscribed.
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Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG.