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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New liquefaction facility planned for Squamish, British Columbia, is expected online in 2027. -
ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
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As the US bests Qatar and Australia for top LNG supplier, Europe is overtaking Asia as the top destination for US cargoes.
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Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
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New Fortress Energy again taps the engineering giant for one of its modular LNG plants, this one using fixed platforms.
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QatarEnergy has selected Shell as its fifth and final international partner on the expansion project.
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The Russian president has signed a decree that appears to nationalize the Sakhalin-2 offshore oil and gas production-sharing agreement and related LNG facilities to squeeze out its foreign partners.
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The LNG provider has firmed up financing that will allow it to proceed with construction of the third stage of the Texas coast liquefaction project.
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Eni and ConocoPhillips will join TotalEnergies as international partners with QatarEnergy on the North Field East Expansion, the world’s single largest LNG project ever.
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QatarEnergy has tapped TotalEnergies as its first international joint venture partner for the North Field East expansion—the world’s largest LNG project ever.
