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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A longer-than-expected repair period following the 8 June explosion could strand 2 Bcf/D of natural gas in the US. -
Tanzania has signed an LNG framework agreement to reboot a plan to build an LNG export terminal on the Indian Ocean.
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The new, larger vessels are all part of the UAE’s ambitious LNG expansion plans, which also include a new plant in Fujairah.
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Finland will operate the FSRU jointly with Estonia as part of an emerging LNG hub in the Baltic Sea region.
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Tanker transit statistics via the Suez Canal broke historic records in April as Europe sought to import more crude oil and LNG from the Arab Gulf to replace traditional supplies from Russia.
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Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.
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Sempra Infrastructure and Poland’s state-owned PGNiG oil and gas company have signed a deal that is expected to result in the export of 3 mtpa of LNG to Poland from Louisiana and Texas.
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The deal also includes a second, lump-sum contract to expand sulfur-handling, storage, and loading facilities.
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An ExxonMobil Asian affiliate will take LNG from Venture Global’s Plaquemines and CP2 facilities currently under construction.
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H&P pumps $33 million into LNG firm Galileo Technologies, supporting technology focused on decarbonization of the energy supply chain.
