Global LNG Info

Angore to feed more gas into PNG LNG in 2024-Q4 Angore #gasfield is currently “being commissioned” with “#well clean-up activities being undertaken” as it is expected to start feeding more gas into the PNG LNG in the fourth quarter of this year, according to the project’s partner Santos. The US$1 billion gas field #development would be ultimately able to produce 350 MMCF/D of #gas that will be used to help backfill and maintain plateau #LNG production at the #ExxonMobil-operated 6.9 MMT/Y LNG plant at Caution Bay in #PapuaNewGuinea. According to the Global LNG Database®, ExxonMobil and its partners in the PNG LNG JV have taken the final #investment decision on the Angore development #project in October 2021. The Angore field lies to the east of PNG LNG’s Hides #facilities and the venture had to build a new 11-Km #pipeline and install production #equipment at the Angore Wellpad A. “The field is made up of a similar high-pressure reservoir to the Hides field”. Perfect information of the world’s LNG import/export projects such as “PNG LNG project" is available on the Global LNG Database®, to learn more at: https://lnkd.in/dSG73cW. To see more posts like this in your feed and stay up-to-date with what is going on in the LNG world, follow Global LNG Info on LinkedIn at https://lnkd.in/e442DdDn #construction #development #export #globallngdatabase #lngindustry #lngshipping #energy #development #projects #export #investment #gas #gasindustry #energyindustry #energymarkets #energyprojects #work #gasprocessing #utilities #markets #constructionjobs #constructionconsulting #constructionprojects #constructionindustry #shippingindustry #shipping #shippingnews #shippingjobs #petroleum #marine #database #project #engineering #infrastructure #pipeline #offshore #engineering

Global LNG Info has released the latest monthly update of the Global LNG Database® (UP: October-2024)   The latest updated version of the Global LNG Database® is available for the subscribers after login at: https://lnkd.in/eN_pwVUi   If you have not yet subscribed to the Global LNG Database®, you can learn more about this service at: https://lnkd.in/dSG73cW or register at: https://lnkd.in/ehzPd7H6 You can also receive a copy of the latest updated globally-recognized-reference “World LNG Projects’ Status” and “World LNG Projects’ Developments” reports in PDF format by sending a request email to: reports@globallnginfo.com   #lngindustry #lngshipping #gasprice #gasindustry #energyindustry #energymarkets #gasprices #gasmarket #lngmarkets #naturalgas #naturalgasindustry #oilandgasindustry #energy #energyindustry #energypolicy #oilandgas #infrastructures #constructionjobs #constructionindustry #engineering #globallnginfo #globallngdatabase

Barossa gas-to-LNG project is now over 82% complete, first production expected in 2025-Q3 Santos has said that its Barossa gas-to-LNG project, which will backfill the 3.7 MMT/Y Darwin #LNG plant for up to 20 years, is now 82.3 complete and remains on track for production in 2025-Q3 “within current #cost guidance”. The project’s #floating production, #storage and offtake vessel (FPSO) is in the pre-commissioning yard in #Singapore to be ready for sail away in 2025-Q1, the fourth #gas #well is under way and other activities are on track for offshore #commissioning to commence in the first half of 2025. The project’s 262-Km feedgas #pipeline is complete and #construction activities for the Darwin pipeline duplication and Darwin LNG life extension are 64% complete, the #Australian operator said, adding that the 75% cost and schedule review “has been completed” as “per previous guidance". You can access the perfect information about the world’s LNG import/export projects such as “Barossa gas-to-LNG project” by subscribing to the Global LNG Database®. If you have not yet subscribed, learn more at: https://lnkd.in/dSG73cW To see more posts like this in your feed and stay up-to-date with what is going on in the LNG world, follow Global LNG Info on LinkedIn at https://lnkd.in/e442DdDn #lngindustry #lngshipping #gasindustry #energyindustry #energymarkets #gasprices #lngmarkets #naturalgasindustry #energyindustry #energyprices #infrastructure #constructionjobs #constructionindustry #construction #oilandgasprojects #building #connections #energy #engineering #engineeringjobs #globallngdatabase #asiapacific #australianmanufacturing #australianbusiness #australiajobs #westernaustralia #offshore

New owner chose new brand for Driftwood LNG - Woodside Louisiana LNG   Woodside has completed the acquisition of Tellurian and its under-#development Driftwood #LNG project via an approximately $1,200 million deal. The #Australian operator has also renamed the Driftwood LNG to the Woodside #Louisiana LNG project. The company's CEO Meg O’Neill has said that “bringing Woodside Louisiana LNG into the #global portfolio represented a significant new chapter for the company” that “enabling us to better serve global customers and capture further marketing optimisation opportunities across both the #Atlantic and #PacificBasins.”   Woodside is targeting FID on the Louisiana LNG in the first quarter of 2025, as the 27.6 MMT/Y project is fully permitted, its #FEED is complete, and site civil works are well advanced and the main #EPC contractor #Bechtel having “completed substantial work to advance the opportunity to this stage.” Perfect information about the world’s all LNG import/export projects such as “Driftwood LNG (now Woodside Louisiana LNG) project” is available on the Global LNG Database®. To learn more, click on https://lnkd.in/dSG73cW and/or register at: https://lnkd.in/ehzPd7H6. Follow Global LNG Info at https://lnkd.in/e442DdDn to see more posts like this in your feed. #energy #globallngdatabase #lngindustry #lngshipping #gas #liquefaction #facility #constructionindustry #constructionprojects #constructionconsulting #constructionjobs #gasprices #energyindustry #energyinfrastructure #buildingconstruction #Australia #engineering #engineeringjobs

Total officially postpones the Mozambique LNG project’s start-up and revised up its cost #TotalEnergies has officially postponed the #Mozambique LNG export project’s start-up date from the first quarter of 2027 to the first quarter of 2029. Last year, the #French major expected that Mozambique LNG alongside with its other involved projects i.e. #Qatar NFE/NFS, #Papua LNG and Rio Grande LNG will start LNG production by 2028. TotalEnergies has also revised up the #engineering, #procurement and #construction (#EPC) cost of the project’s #gas treatment and #liquefaction facilities to more than US$ 10 billion while the #cost had been initially estimated between US$ 8 billion to US$ 9 billion. However, TotalEnergies’ CEO Patrick Pouyanné has reiterated that the project “remains profitable” and his company remains “committed" to it as he plans to meet Mozambique’s new president (who is to be elected this week) to discuss the project’s #development status and future plans. Mozambique’s government has repeatedly asked Total to restart the country’s LNG project as the #African country wants to take advantage of the current high prices of #LNG and the global shift towards cleaner #energy sources. Meanwhile, TotalEnergies has said that a decision to restart the project depends on assurances of #security in the region, settlement of differences with #contractors over the project’s extra cost, and getting green light on the project’s #financing from #creditagencies.   It seems that cost considerations and financing are now the last issues before restarting Mozambique LNG as there had recently been "progress on security" and “70% to 80% of a $14 billion financing package underpinning the project has been reconfirmed by financiers”. The operator wants to have “a clear vision of the costs of the project after an interruption of more than two years - which must be maintained and not increase”. According to the Global LNG Database®, the 12.88 MMT/Y Mozambique LNG project's #construction started by its main EPC contractor CCS JV (McDermott International, Ltd, Saipem and Chiyoda Corporation) in 2019 late. Perfect information about the world’s all LNG import/export projects such as “Mozambique LNG project” is available on the Global LNG Database®. To learn more, click on https://lnkd.in/dSG73cW and/or register at: https://lnkd.in/ehzPd7H6. Follow Global LNG Info at https://lnkd.in/e442DdDn to see more posts like this in your feed. #energy #globallngdatabase #lngindustry #lngshipping #gas #liquefaction #facility #constructionindustry #constructionprojects #constructionconsulting #constructionjobs #gasprices #energyindustry #energyinfrastructure #buildingconstruction #africa

Greek first FSRU project begins commercial operations   The Alexandroupolis #floating LNG import terminal (#FSRU) begins commercial operations. According to the Global LNG Database®, #Gastrade-operated Alexandroupolis FSRU had received its first commissioning cargo in February. The cargo was delivered by the 174,000-CM Gaslog Hong Kong as she had loaded the cargo at the US-based Cameron LNG plant. The positive final investment decision (FID) on the project was taken by Gastrade in January 2022.   The 3.5 MMT/Y Alexandroupolis FSRU project aimed to supply gas to southeastern Europe via the #Interconnector #Greece-#Bulgaria (IGB) naturalgas pipeline.   The Alexandroupolis FSRU project “contributes to #energysecurity and to the diversification of sources and #energysupply routes for Southeast and Central #Europe, decisively upgrading the role and importance of Greece in the contemporary #energy map of Europe, making it an energy gateway for more than nine countries,” Gastrade said.   Greece and Bulgaria have said that the Greek new LNG imports facility would help create a new #gas route for #European markets and cut reliance on #Russian gas at a crucial moment.   “This landmark project will be pivotal in establishing a dynamic regional gas trading hub in Southeast and Central Europe, significantly enhancing the region’s energysecurity, DEPA’s CEO Konstantinos Xifaras has said, adding that “the terminal will play a critical role in advancing the Vertical Corridor Initiative, enhancing regional energy connectivity and resilience while also diversifying energysources.”   Perfect information about the world’s all LNG import/export projects such as “Alexandroupolis FSRU project” is available on the Global LNG Database®. To learn more, click on https://lnkd.in/dSG73cW and/or register at: https://lnkd.in/ehzPd7H6.   Follow Global LNG Info at https://lnkd.in/e442DdDn to see more posts like this in your feed.   Source: Global LNG Database® (https://lnkd.in/dSG73cW), Map: Gastrade #gasindustry #energyindustry #energymarkets #analytics #gasprices #gasmarket #naturalgasindustry #oilandgasindustry #energyindustry #energypolicy #energyprices #energypolicy #oilandgas #infrastructures #oilandgasprojects #petroleum #europeanmarkets #projects #investments #construction #pipelineconstruction #constructionjobs #pipelineindustry #LNG #engineering

FERC supports Venture Global in delaying its long-term LNG contracts The US Federal Energy Regulatory Commission (FERC) said that Venture Global LNG has taken "adequate" measures to fix "equipment problems" at its Calcasieu Pass LNG export project as these problems have kept the operator from delivering cargoes to long-term contract customers for two years.   In fact, the FERC has concluded that Venture Global has not yet fully completed the #commissioning #process at the project in #Louisiana. Earlier, the FERC had ordered Venture Global LNG to present perfect documents about the #mechanical problems and start-up of the Calcasieu Pass LNG to its long-term customers including #BP, #Shell, #Edison, #Repsol, #GalpEnergia and others.   The major #European #energy companies have asked the FERC to force Venture Global LNG to release documents to determine why #commercial operations not yet announced after 2-year and also asked to reject Venture Global LNG's request for a one-year construction permit extension to its Calcasieu Pass project. The US LNG producer has been in deep dispute with its main LNG buyers since nearly 2-year ago over its “deliberately” delaying the commercial operations date (COD) of the Calcasieu Pass project, which the #European buyers believe has "detrimental consequences" for #energysecurity in Europe at a “critical time”. Venture Global has repeatedly rejected the buyers’ claims saying its plant is not fully operational due to faulty #power equipment that is being repaired as it is entitled to sell "commissioning" cargoes for its own accounts under the contracts.   The 11.25 MMT/Y Calcasieu Pass exported its first LNG cargo to France in March 2022 and remains in the commissioning mode so far as Venture Global has been selling all cargoes in the spot markets.   Perfect information of the world’s LNG import/export projects such as “Calcasieu Pass LNG project” is available on the Global LNG Database®. Learn more at: https://lnkd.in/dSG73cW.   To see more posts like this in your feed and stay up-to-date with what is going on in the LNG world, follow Global LNG Info on LinkedIn at https://lnkd.in/e442DdDn Source: Global LNG Database®, Reuters

 JGC, Technip Energies awarded FEED contract for Rovuma LNG project in Mozambique   #JGC and #TechnipEnergies have been awarded the Front-End Engineering Design (#FEED) contract by ExxonMobil – on behalf of Mozambique Rovuma Venture (MRV) for the Rovuma LNG project in Mozambique.   The 18 MMT/Y Rovuma #LNG project which consist of 12 fully #modularized LNG trains will utilize #electric-driven LNG trains instead of #gas #turbines, reducing #greenhouse gases #emissions compared to conventional LNG projects, JGC said, adding that the project “will also include prefabricated and standardized #modules to be assembled at the project site in #Mozambique, offering #cost competitiveness and certainty in delivery schedule.”   ExxonMobil had recently raised planned capacity at the Mozambique’s LNG project to up to 18 MMT/Y from previous scheme of 15.2 MMT/Y. Rovuma LNG project’s shareholders are #Eni East Africa (Eni-#ExxonMobil-CNPC JV) 70%, ENH 10%, Kogas 10% and #Galp 10%.   You can access the perfect information about the world’s LNG import/export projects such as “Rovuma LNG project” by subscribing to the Global LNG Database®. Learn more at: https://lnkd.in/dSG73cW. To see more posts like this in your feed and stay up-to-date with what is going on in the LNG world, follow Global LNG Info on LinkedIn at https://lnkd.in/e442DdDn #energy #globallngdatabase #lngindustry #lngshipping #gas #liquefaction #facility #constructionindustry #constructionprojects #constructionconsulting #constructionjobs #gasprices #energyindustry #energyinfrastructure #buildingconstruction #africa #modularconstruction #modulardesign #modularbuildings

Norway and US were the EU’s largest gas and LNG provider in 2024-Q2, respectively: Eurostat In 2024-Q2, most of the EU’s imports of natural gas came from #Norway (43.5%), #Algeria (21.6%) and #Russia (15.5%) while the #USA provided almost half of the imported LNG (46.0%), ahead of Russia (16.8%) and #Qatar (11.9%). Value of the #EU's imported #naturalgas decreased by 31.4% in 2024-Q2, compared with the same period of 2023, while the volume dropped by 9.5%. The union’s imported #LNG value crashed by 41.2% in 2024-Q2, compared with the same quarter of 2023 while the volume dropped by 20.2%. The EU has imported €94.9 billion worth of #energy products in 2024-Q2, amounting to a total of 177.9 MMT. Compared with the same quarter of 2023, imports decreased both in value (-10.7%) and in net mass (-9.7%). Follow Global LNG Info at https://lnkd.in/e442DdDn to see more posts like this in your feed. #gasindustry #energyindustry #energymarkets #analytics #gasprices #gasmarket #naturalgasindustry #oilandgasindustry #energyindustry #energypolicy #energyprices #energypolicy #oilandgas #infrastructures #oilandgasprojects #petroleum #europeanmarkets #projects #investments #pipelineconstruction #engineering

Technip Energies, KBR selected to undertake EPFC works for the Lake Charles LNG project A joint venture between Technip Energies and #KBR (KTJV) has been selected for undertaking #engineering, #procurement, #fabrication and #construction (EPFC) works for the Lake Charles LNG export #project in Louisiana, USA. Subject to Energy Transfer making a positive final #investment decision (#FID), this project will convert the existing Lake Charles LNG import and #regasification terminal into a 16.45 MMT/Y LNG export plant, including three 5.5 MMT/Y #modular LNG trains, brownfield modification to LNG #storagetanks, along with procurement, #transportation, fabrication, #installation, #commissioning, and startup of the plant. Earlier, Energy Transfer had said that it expects to take a FID on the Lake Charles LNG export project in the fourth quarter of 2024, depending on the export approval by the US #DOE. The first LNG cargo was expected to be exported in 2028-H1. You can access the perfect information about the world’s LNG import/export projects such as “Lake Charles LNG project” by subscribing to the Global LNG Database®. Learn more at: https://lnkd.in/dSG73cW. To see more posts like this in your feed and stay up-to-date with what is going on in the LNG world, follow Global LNG Info on LinkedIn at https://lnkd.in/e442DdDn Source: Technip Energies, Global LNG Database® #lngindustry #lngshipping #gasindustry #energyindustry #energymarkets #gasprices #lngmarkets #naturalgasindustry #energyindustry #energyprices #infrastructure #constructionjobs #constructionindustry #oilandgasprojects #building #connections #energy #globallngdatabase #usajobs #usanews #usaenergyjob #usaconstruction