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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Most underground gas-storage facilities are depleted reservoirs. What makes depleted reservoirs attractive is the presence of existing wells used to produce the reservoir, plus the geologic and engineering knowledge acquired during the development of the field. -
The project framework agreement moves the proposed conversion of Lake Charles LNG’s import and regasification terminal closer to sanction, which is expected sometime this year.
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China Energy Reserve and Chemicals Group is exploring the possibility of importing LNG from the US via ISO containers loaded from the West Coast.
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Latest federal approval authorizes US LNG exports to non-FTA countries.
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Commissioning is complete and Bechtel has turned over care, custody, and control of Train 1 to Cheniere, It's the first liquefaction train placed into operation in a greenfield facility in the lower 48 states.
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Japan is bringing its nuclear reactors back on line following the suspension of operations at all reactors after the 2011 Fukushima accident. As the reactors return to full operation, the increase in nuclear generation is likely to displace generation from fossil sources, in particular natural gas.
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The vessel will produce approximately 2.5 mtpa of LNG for the project, which is expected to deliver first gas in 2022.
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The transfer of LNG to Equinor’s Arctic Voyager marks the first ship-to-ship transfer in the island nation.
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Poland’s PGNiG is calling for contractors for an LNG terminal expansion and construction of an additional jetty.
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The Golden Pass LNG export project got the go-ahead for a $1-billion liquefaction development. Baker Hughes will supply turbomachinery equipment for three LNG trains. Startup is expected in 2024.
