President-elect Trump’s pro-energy agenda includes fast-tracking permits for stalled LNG projects, reversing Biden-era regulatory pauses and increasing leases on federal land for gas production.
The price of liquefied natural gas in Asia could surge to above $20 per million British thermal units this winter as supply tightens in Europe, Goldman Sachs has predicted.
The future of the United States natural gas sector hangs in the balance as a cluster of competing variables cloud the crystal ball. The upcoming regime change in the United States is certain to significantly reshape domestic production, consumption, and export trends but myriad global factors make exact projections tricky.
ADNOC reached a FID on the project in June 2024, concurrently awarding USD 5.5 billion in EPC contracts to a joint venture of Technip Energies with JCG Corporation and NMDC Energy.
China has been the focus of oil traders’ attention for years thanks to its seemingly insatiable demand for the fuel. Now, the country is about to cast itself as the star of the natural gas show as well.
The LNG will be sourced from ADNOC Gas’s Das Island natural gas facility and will be delivered on the basis of six cargoes per year. The deal is ADNOC’s first such sales and purchase agreement with an Indian buyer.
The line pack pressure this year rose several times following the abundance of LNG, jeopardising Pakistan’s national pipeline network following a huge drop in gas consumption across Pakistan.
Malaysia’s national energy behemoth Petronas has lifted the force majeure on gas supplies to MLNG Dua, one of four liquefaction projects that comprise the 29 million-plus tonnes per annum nine-train Petronas LNG Complex at Bintulu, Sarawak.
QatarEnergy has inaugurated four new liquefied natural gas (LNG) vessels built at the Samsung Heavy Industries (SHI) and Hanwha Ocean shipyards in South Korea.
For the first time in ten months, Europe’s imports of liquefied natural gas rose in October from the previous month as it moved to fill its gas storage sites for the winter in which the transit deal for Russian pipeline gas flows via Ukraine expires.