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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Baker Hughes scored what it said is among the largest LNG deals it has secured in the past 5 years. The compressors will be installed in Qatar Petroleum’s North Field East LNG trains, boosting Qatar’s total LNG production capacity from 77 mtpa to 110 mtpa. -
Global market conditions have impacted Magnolia LNG’s ability to reach FID. Kinder Morgan’s pipeline project also depends on an FID for the Magnolia LNG project.
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Tellurian CEO Meg Gentle outlined how the US LNG market should address expected tight market conditions through 2025 while managing a transition to a carbon neutral environment.
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The metocean and tidal conditions led to the development of the jetty-less solution for the project, which Delta Offshore continues to push toward FID.
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The FEED contract is expected to be converted into an engineering, procurement, construction, and installation contract in Q1 2021.
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Companies are looking to plan smaller LNG plants, which may be COVID-proof, but the industry still faces a 100-mtpa shortfall in the mid-2020s.
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The company deferred three of four pipelines as it continues to push toward final investment decision.
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To navigate the new business environment, the P&F community must advance promising concepts through the feasibility, design optimization, and/or pilot testing phase into the detailed design, execution, commercialization, and optimization phases.
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The Cameron LNG project completed its final train this month, but other LNG projects such as Calcasieu Pass LNG, Driftwood LNG, and Lake Charles LNG face difficulties during the economic downturn.
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The LNG A-Box containment system is designed for LNG carriers to serve smaller terminals, where larger ships are not feasible.
