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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While much progress has been made to reduce flaring, associated gas continues to be flared at thousands of oil production sites around the world. A further reduction may be achieved through a market-oriented approach to commercialization -
Regulations for US LNG exporters have been simplified to allow reporting of the country or countries of LNG deliveries, not country of end-use, to satisfy destination reporting requirement.
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Cheniere Energy today shipped the first cargo of LNG from its Corpus Christi liquefaction facility, marking the first export of LNG from Texas.
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The US EIA projects LNG export capacity will rise to 8.9 Bcf/D by the end of next year, making the US the third-largest exporting country in the world behind Australia and Qatar.
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Venture Global LNG awarded the EPIC contract for its Calcasieu Pass LNG export facility to Kiewit. FID is expected in 2019, completion in 2022.
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The agreement calls for the two companies to partner on techno-economic feasibility studies and jointly assess investment opportunities across the LNG value chain.
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The Abu Dhabi government approved a $132.3-billion capital expenditure increase that will fund, among other things, a plan that could enable the country to sustain LNG production through 2040.
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DNV estimates that gas will be the world’s primary energy source by the mid-2020s. Growth in LNG capacity is expected as the midstream sector invests in connecting shifting sources of gas with changing demand centers. Other factors also will drive the globalization of gas trading markets.
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In this paper, past gas-cycling operations were examined to identify subsurface implications and effects on operability aspects for the Arun giant gas field offshore Indonesia in the North Sumatra Basin.
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Japan’s SODECO and India’s ONGC Videsh are joining the consortium on the LNG plant, which will be carried out within the framework of the Sakhalin-1 hydrocarbon project in the Okhotsk Sea.
