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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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.
