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 remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up. -
The LNG carbon-credit plan is just part of the operator’s overall ambition to be a net-zero company by 2050 or sooner.
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The latest move by Tellurian signifies a business model change from a financial partnership with LNG users to sales to traders.
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The authors write that the road to decarbonization will involve several technologies working in concert, not the use of only one at the expense of others.
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The sole bidder for the Bahia liquefied natural gas regasification terminal in Brazil was turned away for noncompliance of tender rules.
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Experts from around the world highlight that, while natural gas has an important role to play in the energy transition, it is one that changes from region to region.
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IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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Energy trader Vitol will take 3 mtpa over a 10-year period.
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The new facility is being built in partnership with RusGazDobycha and will become one the largest gas plants in the world.
