LNG
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
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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.