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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Excelerate, once disqualified from the proceedings, ends up with lease agreement to December 2023.
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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.