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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The US Energy Information Administration said the US, Qatar, and Russia fed well over half of Europe’s supply of LNG last year. -
The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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Contractor's CB&I unit will build a pair of storage tanks for new LNG facility in Louisiana.
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The export project in the US Gulf of Mexico could handle up to 13 mtpa of liquified natural gas.
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New projects coming on line throughout the year will vault the nation ahead of Australia and Qatar.
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Natural gas delivered as LNG to growing economies in Asia has a strong role to play in achieving net zero in carbon emissions, and most of that gas will come from unconventional resources.
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QatarGas will take 1 mtpa over 15 years from new plant at Caofeidian.
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New sibling facility to Calcasieu Pass will boast nameplate liquefication capacity of 20 mtpa of LNG.
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Proposed US West Coast LNG terminal had long been a source of dispute between nearby property owners, indigenous peoples.
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East Med gas production, leveraged by Egypt’s position at the mouth of the Suez Canal, is redefining geopolitical relations as North Africa, Europe, and the Middle East strive to create a new distribution hub for energy, legacy, and renewables.
