Japan's biggest oil and gas explorer Inpex Corp. said on Aug. 8 its Ichthys liquefied natural gas (LNG) project in Australia is running at around 80% of full capacity, with 24 cargos being shipped in April-June despite a 15-20-day maintenance in May.
Sabine was the first big LNG export facility to enter service in the Lower 48. When the company shipped its first cargo in February 2016, the U.S. was not exporting any LNG.
Pakistan issued a tender for the supply of 10 liquefied natural gas (LNG) cargoes between the start of October and the end of December, Pakistan LNG documents seen by Reuters showed on Aug. 6.
Papua New Guinea signaled on Aug. 4 it was backing a previously agreed liquefied natural gas (LNG) deal with French oil major Total SA PA, although it said that some terms still needed negotiating.
Analysts say the geopolitical trade disputes between the U.S. and China will not interfere with the fundamentals for LNG growth.
Federal Energy Regulatory Commission (FERC) Chairman Neil Chatterjee said today that the agency is creating a new division in its Office of Energy Projects to accommodate the growing number and complexity of applications to site, build and operate liquefied natural gas export terminals.
According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.
While non-hydro renewable-derived electricity’s share of the power grid has grown, natural gas’ share is growing by more—and as power demand itself has risen.