Uniper CEO Klaus-Dieter Maubach said Germany, which lacks hydrocarbon giants of ConocoPhillips’ scale, needed to learn to maneuver in the international LNG market.
In Berlin's pursuit for new energy partnerships away from Russia, QatarEnergy and ConocoPhillips will export 2 million tonnes per annum of LNG to Germany for at least 15 years starting 2026 through two sales and purchase agreements.
ConocoPhillips and QatarEnergy signed two agreements to ship Qatari-produced LNG to Germany starting in 2026, helping to fill the energy supply gap created in that European country by reduced gas flows from sanctioned Russia.
Freeport LNG is expected to resume partial operation in December and reach about 80% of operations in early January.
Operated by BP Plc, the Tangguh LNG plant is in Indonesia's West Papua province and began production in 2009. Its output capacity is 7.6 million tonnes of LNG per annum (mtpa) from two existing trains.
As previously announced, ConocoPhillips will acquire 30% of the equity in Port Arthur LNG Phase 1 and will manage the feed gas supply requirements for the facility, the companies said.
Mozambique's first LNG cargo left from the Coral Sul floating LNG installation on Nov. 14.
New Fortress Energy agreed with state-owned Pemex for the continued development of the deepwater Lakach Field as well as deployment of a 1.4 mtpa FLNG unit to commercialize the bulk of the production abroad.
Germany said the floating LNG terminals were essential for Europe’s biggest economy to compensate for a collapse in deliveries of Russian gas since Moscow’s invasion of Ukraine.
Freeport LNG on Nov. 18 said it was targeting a mid-December restart for its Texas export plant. However, a lack of a full request has raised questions about the company’s ability to meet its latest restart timeline.