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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Excelerate, once disqualified from the proceedings, ends up with lease agreement to December 2023. -
Egypt is halting its liquefied natural gas export business, instead redirecting surplus natural gas to Lebanon via the Arab Gas Pipeline. Meanwhile, the US is considering waiving some sanctions against Syria.
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The newbuilds are slated for delivery in 2024.
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Yamal LNG Resource, a subsidiary of Russia’s Novatek, has won exploration and production licenses to expand its Arctic resource base for sustained long-term growth of its LNG business.
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Polish oil company will take an additional 2 mtpa for 20 years.
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Russia is pouring investment into liquefied natural gas projects as it seeks to leverage the world’s largest natural gas reserves together with the logistical advantages of delivering it at a competitive price to Asia and Europe along the now-navigable Northern Sea Route.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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Environmental permit will allow work on the $12-billion project to begin on site.
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This paper compares project economics of floating liquefied natural gas, onshore liquefied natural gas, and gas-to-wire processes.
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Shell signs on to take LNG from the planned Louisiana plant.
