PGNiG, Poland’s biggest gas company, signed a 20-year agreement for LNG supples with Sempra in 2018, as part of its bigger plan to cut reliance on gas imports from Russia.
The Shell agreements mark the third deal Tellurian has finalized in 10 weeks, totaling 9 mtpa, which Tellurian said is nearly all the capacity of the proposed 27.5-mtpa Driftwood LNG export facility’s first two plants.
U.S. LNG exports surged as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather, according to IEA.
U.S. natural gas futures rose to a fresh 31-month high on July 23 on forecasts for hotter weather and higher air conditioning demand over the next two weeks than previously expected.
Barracuda is Shell’s first greenfield project in Trinidad and Tobago and one of its largest in the country since its BG Group acquisition.
Innovative floating LNG design will produce 12 million tonnes per year of low-cost LNG.
Global Infrastructure Partners paid $850 million for the stake in the limited partnership behind Freeport LNG, the second-largest export facility for LNG in the U.S., in 2014.
A new long-term gas supply agreement with Tourmaline for Cheniere Energy’s Corpus Christi Stage III marks a constructive step toward reaching a final investment decision, say analysts.
New Fortress Energy Inc. has begun commercial operations at its LNG terminal in the port of Pichilingue, Baja California Sur, Mexico and will host an event featuring state and local officials at the terminal on July 16.
The agreements with TotalEnergies were terminated because “they are not consistent with the commercial agreements that Driftwood LNG LLC ... has reached with other counterparties,” Tellurian said in a company filing.