LNG
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
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Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG. -
Energy security in Europe—and globally—now rests on US natural gas exports. Europe’s shift from Russian gas to other supplies has dramatically and permanently changed global gas trade and energy markets.
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With growing trade of liquefied natural gas (LNG), an increased diversification of LNG supply sources may occur in the LNG tanks as different compositions of LNG are stored in the tanks. It is the primary concern in terms of assuring stability and safety in LNG storage.
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FSRU Exemplar will deliver natural gas to Finnish and Baltic markets via a decade-long contract with local transmission company.
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The Marine XII area development could see 3 mtpa of LNG production by 2025.
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Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.
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The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
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Pemex and New Fortress Energy partner up to develop the Lakach gas field.
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Louisiana-based Commonwealth LNG gets the green light, while Delfin LNG gets more time on the development clock.
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The collaboration seeks to jointly develop onshore LNG modules with capacities between 1 and 2 mtpa.
