Browse the latest lng export news news and articles.
Venture Global LNG have executed a new 20-year sales and purchase agreement with Shell for the supply of 2 million tpy of LNG from Venture Global’s Plaquemines LNG export facility, which is expected to come online in 2024.
Cheniere and Engie increase volume and extend term of LNG sale and purchase agreement, meaning that the new terms of their agreement will stretch beyond 2040.
Venture Global LNG move forward with its Plaquemines terminal in Louisiana, US, awarding Baker Hughes a contract for a liquefaction system with 24 modularised compression trains.
The company states that there is little prospect for Europe to reduce its dependence on Russian gas in the short-term.
The company states that global LNG trade increased by 6% in 2021 as countries rebounded from the impact of COVID-19.
In its new report, the company looks at whether Europe’s LNG imports would be sufficient in the event of Russian gas pipeline export disruption.
Venture Global Plaquemines has awarded McDermott with a contract for LNG storage tanks at the Plaquemines LNG export project in the US.
US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer.
Disrupting LNG supply would risk higher prices for domestic consumers, undermine US interests abroad and hinder global emissions reduction ef-forts, new report from IHS Markit finds.
The US Energy Information Administration states that US LNG export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016.
Slava Kiryushin, Global Head of Energy at DWF shares his views on the gas crunch that threatens industry in UK, Europe, and other parts of the world.
According to GlobalData, the US and Canada could see a 12% growth in natural gas production, while Mexico could suffer a 28% decline in domestic natural gas production from 2021 to 2025.