Australia's Liquefied Natural Gas Ltd. said on Sept. 30 it has received preliminary approval to increase output at its proposed U.S. LNG plant to 8.8 mtpa from the currently authorized 8 mtpa.
Malaysia is considering listing the exploration and production arm of state energy company Petronas, the world’s third-biggest exporter of LNG, state news agency Bernama reported on Sept. 27 citing Prime Minister Mahathir Mohamad.
Industry minister announces a doubling of the country’s commitment made two years ago.
Record investments of $50 billion have turned 2019 into a banner year for liquefied natural gas (LNG), with Canada and the United States being the main drivers, the chief of the International Energy Agency (IEA) said on Sept. 26.
Australia’s Northern Territory recorded its highest levels of international trade in the year to 2019, reaching $8.1 billion with a 111.5% increase on the previous year, according to government figures. The result was mainly due to recent exports from INPEX’s Ichthys LNG project in Darwin, according to the Australian Petroleum Production and Exploration Association (APPEA).
French energy major Total will make a final investment decision on a Nigeria liquefied natural gas (LNG) project by the end of the year and expects first LNG by 2023, the company's head of production Arnaud Breuillac said on Sept. 24.
The Driftwood project includes natural gas production, gathering, processing, and transportation facilities, along with the proposed Driftwood LNG export facility.
Natural gas will be moved from Agua Dulce to NextDecade’s Brownsville LNG project.
Major commodity exchange to begin trading as billion of new capital pour in.
The deal comes at a time when LNG Ltd. has been struggling to lock in sales agreements for its Magnolia project due to the U.S. trade dispute with China.