LNG
This paper aims to describe the role of liquefied natural gas as a transitional energy source for automobile transportation in Nigeria.
The LNG specialist also greenlit a debottlenecking project to free up additional volumes at the Corpus Christi site.
Technical safety standards are essential as global offshore exploration heats up.
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The LNG market remains a mixed bag heading into Q2. Port Arthur LNG is just the latest to see a delayed FID, while other LNG projects are still moving ahead. -
Historically, natural gas contract prices were tied to the price of crude; now, volatility and growth in spot-market liquidity signal a shift from long-term linking toward a more integrated market.
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The final commissioning stage of Train 3 brings the Cameron LNG project closer to initial production expected in Q2.
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The planned JV is for one of three LNG terminals GCL is planning to build in China.
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Qatar Petroleum will delay its North Field LNG expansion in Qatar with startup in 2025. Its Golden Pass project in Texas remains on track.
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The VLCCs will be delivered in 2022, with LNG supply provided by Total Marine Fuels Global Solutions.
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The Rovuma LNG project in Mozambique was expected to reach FID later this year, with startup in 2025.
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The successful string test comes 7 months after the company's FID on the Calcasieu Pass LNG project.
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The drop in gas prices, although greater than forecast, will not be to the same extent as oil prices.
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In 2019, the US experienced the lowest natural gas prices since 2016. This was despite natural gas consumption increasing in the residential and commercial sector by 2% (between October and December) according to the US Energy Information Administration.
