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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A proactive approach with EPC contract bidders to front-end load HSE strategies will pay dividends. This paper discusses the HSE management strategy for the Lake Charles Liquefied Natural Gas project. -
Add Energy has partnered with Transborders Energy and will work with TechnipFMC and MODEC to develop a 1.0-MTPA FLNG vessel for small-scale stranded fields.
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Air Products, BHGE, Norsafe, and Sofec won contracts for Eni’s Coral South FLNG project in Mozambique.
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LNG as a fuel source has been an energy staple for many Asia-Pacific countries for decades, and is increasing in importance in other regions as countries look to diversify their energy mix.
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The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.
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Global trade for LNG is projected to rise by 50% by 2020. There is a clear acceleration in demand for small- and medium-scale LNG, necessitating splitting of LNG into smaller load parcels. Transfer methods applicable to deeper water, smaller LNG carriers, and harsh environments are critical.
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Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.
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Cost and delivery of long-distance natural gas pipelines to a distant liquefaction facility at a warm-water port has become excessive, and environmental restraints have been increasing. An alternative is an offshore ice-resistant LNG port accommodating a new class of LNG transport vessels.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
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The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.
