LNG
Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030–2031.
The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.
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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. -
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.
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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.
