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.
New England depends on LNG and oil to fuel some power plants on the coldest days when most of the region's pipeline gas is used to heat homes and businesses.
In September 2017, FERC authorized Delfin to put its project into service by September 2019. Since then, FERC has granted several one-year extensions to complete the project.
The 27-year to supply China’s Sinopec with LNG is the LNG sector’s largest single sales and purchase agreement on record, according to QatarEnergy chief Saad al-Kaabi.
The approach of winter brings energy security warnings for this U.S. region dependent on the global LNG market.
The Commonwealth LNG project, expected to export 8.4 million tonnes a year of LNG from Cameron, Louisiana, was the first to be approved by the Federal Energy Regulatory Commission (FERC) in more than two years.
Due to Freeport LNG's shutdown, Osaka Gas cut its 2022 net profit forecast from 31.5 billion yen to 29 billion yen.
The preliminary agreement with Sempra Infrastructure is designed to increase global access to low-carbon Haynesville natural gas via Williams’ wellhead-to-water strategy, the company said.