LNG
The Coral Norte FLNG is to be the mirror image of the Coral Sul unit, which shipped its first cargo in 2022 after it was put into service in Area 4 offshore Mozambique.
Barzan plant explosion that killed 13 and injured 66 occurred 2 days after production was restarted following a scheduled shutdown in December for routine maintenance.
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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The vessel has been under bareboat charter with the company since its delivery in June 2020.
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Already a partner in the Cameron LNG export facility in southwest Louisiana, Mitsui now expands its US gas and LNG exports with an investment in upstream unconventional assets.
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The two LM9000-driven trains are part of the ZLNG nearshore floating LNG project.
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Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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If the sale closes, the company will lease back the parcel under a 40-year term.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.