"We are seeking an additional 0.75 to 1 mtpa on top of existing 8.5 mtpa contact," Petronet LNG CEO A.K. Singh said.
Traders have diverted oil cargoes to Asia and the Middle East in the wake of the EU's full embargo of Russian oil products, which went into effect on Feb. 5.
Iraq plans to temporarily shut its West Qurna 2 oilfield for maintenance, but it is not expected to affect the country's oil exports.
The west was previously Russia's largest energy market but has sanctioned its energy exports since the country's invasion of Ukraine.
"Reinstatement of Dock 1 LNG loading services will allow Freeport to recommence normal LNG ship dockage and loading operations," according to the company's U.S. Federal Energy Regulatory Commission filing.
According to Refinitiv data, Russian gas exports to Europe dropped to a new post-Soviet low in 2022, but its total LNG exports rose to approximately 33 million tonnes, with more than half of it going to Europe.
Imposition of Russian oil exports is set to take effect on Feb. 5, which is expected to negatively affect Europe's diesel market due to the region's dependence on diesel fuel imported from Russia.
According to the U.S. Federal Energy Regulatory Commission, Freeport LNG asked for permission to begin introducing LNG into its Texas plant's piping system.
NextDecade Corp. anticipates reaching final investment decision on the first three trains of LNG in the first quarter of 2023.