LNG
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
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The new facility will hook into Eni's FSRUs and other Marine XII development infrastructure. -
The deal for 1 mtpa results in the planned initial phase of Port Arthur LNG plant being fully subscribed.
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Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG.
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Energy security in Europe—and globally—now rests on US natural gas exports. Europe’s shift from Russian gas to other supplies has dramatically and permanently changed global gas trade and energy markets.
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With growing trade of liquefied natural gas (LNG), an increased diversification of LNG supply sources may occur in the LNG tanks as different compositions of LNG are stored in the tanks. It is the primary concern in terms of assuring stability and safety in LNG storage.
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FSRU Exemplar will deliver natural gas to Finnish and Baltic markets via a decade-long contract with local transmission company.
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The Marine XII area development could see 3 mtpa of LNG production by 2025.
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Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.
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The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
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Pemex and New Fortress Energy partner up to develop the Lakach gas field.
