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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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.
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This paper analyzes the risk of hydrate formation and blockage, aiming at various gas/liquid flow patterns and considering the phase distribution and interface distribution characteristics of different flow patterns.
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The complete paper analyzes the role of liquefied natural gas (LNG) in balancing the natural gas demand in the Middle East/North Africa (MENA) region.
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Energy Transfer will look at taking on new partners and possibly reducing the size of the Lake Charles LNG project.
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Several companies have provided updates on their North American LNG projects, including Pembina, LNG Canada, and Sempra. The outlooks vary from plans to move ahead to others seeking money to stay afloat.
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LNG project in Mexico moves closer to FID in 2021.
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Initial production at Freeport LNG Train 3 is expected in the first quarter. The project’s final commissioning stage included feed gas.