LNG
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.
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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.