Tag: LNG

Energy, Oil & Gas

Mideast crisis disrupts global LNG markets, supply growth: IEA

Middle East conflict disrupted global natural gas markets, cutting nearly 20 per cent of LNG supply via the Strait of Hormuz, causing supply shocks, uncertainty, and sharp price increases worldwide, according to the International Energy Agency’s (IEA) latest quarterly gas market report. ...

Energy, Oil & Gas

QatarEnergy marks first LNG export from Golden Pass project

QatarEnergy marked its first LNG export from the Golden Pass project in Texas, a joint venture with ExxonMobil, as a milestone toward full operations, with cargo loaded onto the new 174,000-cubic-meter Al-Qaiyyah carrier....

Energy, Oil & Gas

Morocco gas plan reset to unlock new investment opportunities

Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development, said industry experts. ...

Energy, Oil & Gas

QatarEnergy, ExxonMobil JV marks first LNG output at Golden Pass

Golden Pass LNG, a QatarEnergy-ExxonMobil joint venture, achieved first LNG production from its first train, advancing operations at its 18 million tonnes-per-year Sabine Pass, Texas facility and paving the way for its first cargo delivery....

Energy, Oil & Gas

QatarEnergy says it needs to declare force majeure on some LNG contracts

QatarEnergy said on Tuesday (March 24) ​it had ​determined that it needed ‌to ⁠declare force majeure on some of its affected ​long-term ​LNG ⁠supply contracts, with counterparties ​including customers ​in ⁠Italy, Belgium, South Korea, and ⁠China....

Energy, Oil & Gas

Iran attacks wipe out Qatar’s 17pc LNG capacity: QatarEnergy CEO

Iranian attacks ‌have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters. ...

Energy, Oil & Gas

Qatar offloads five LNG slots at Belgium's Zeebrugge terminal for April

QatarEnergy has offered up five slots for unloading, storage and regasification of liquefied natural gas at Belgium's Zeebrugge terminal ‌for the month of April, three industry sources said, indicating its facilities could remain shut down for a longer period....

Energy, Oil & Gas

India presses Iran for wider Hormuz access as more fuel ships await passage

India is pressing Iran to allow more Indian-bound vessels through the Strait of Hormuz after Tehran permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to cross the strategic waterway, as New Delhi seeks to ease mounting energy supply risks from the Gulf conflict....

Energy, Oil & Gas

QatarEnergy declares force majeure

Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared force majeure to its affected buyers....

Energy, Oil & Gas

QatarEnergy stops production of LNG 'due to military attacks'

QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products due to military attacks on QatarEnergy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City, the company said....

Energy, Oil & Gas

Hundreds of ships drop anchor in Gulf waters

At least 150 tankers, including crude and LNG vessels, dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed, after US and Israeli strikes on Iran plunged the region into turmoil....

Energy, Oil & Gas

TotalEnergies signs 20-year deal to export 2 Mtpa LNG from Alaska LNG project

TotalEnergies has signed a preliminary agreement (Letter of Intent) with Glenfarne, the lead developer of the Alaska LNG project, for the long-term offtake of 2 million tonnes per year (Mtpa) of liquefied natural gas (LNG) over 20 years, subject to the project’s final investment decision....

Energy, Oil & Gas

Expansions, discoveries drive Africa’s emerging LNG market

Africa’s LNG and gas sector is entering a dynamic growth phase, driven by expansions of major export projects, the scaling of floating liquefaction capacity by emerging producers, and the commercialisation of large undeveloped gas discoveries....

Energy, Oil & Gas

Abu Dhabi's XRG inks deal with YPF, Eni to boost Argentina LNG sector

Abu Dhabi-based XRG has signed an agreement with leading Italian petroleum company Eni and Argentinian group YPF for the development of an integrated gas and liquefaction project on Argentina’s Vaca Muerta shale basin that will help position the country as a long-term global LNG supplier. ...