TotalEnergies CEO Patrick Pouyanné expects US financing for the company’s USD 20-billion Mozambique LNG project to be approved in the coming weeks, Reuters reported on Wednesday.
TotalEnergies passed on the opportunity to sign up for long-term liquefied natural gas from U.S. Venture Global because it did not trust the company, the French supermajor’s chief executive told Reuters.
Consumption of the super-chilled gas may be less than a third of Italy’s import capacity by 2030, the Institute for Energy Economics and Financial Analysis said Monday in a report. Italian demand plunged 19 percent between 2021 and 2024, while LNG import capacity is set to triple in the five years through 2026.
The UAE’s ADNOC Gas has signed an agreement under which it will supply LNG to energy trading company JERA Global Markets for a period of three years, ADNOC Gas announced on Monday.
The order was placed by JERA Global Markets Pte. Ltd., owned 66.7 percent by Japanese power utility JERA Co. Inc. and 33.3 percent by France’s EDF Trading Ltd, according to an online statement from ADNOC Gas on Monday.
The global energy landscape has entered a transformative era as Europe decisively shifts away from Russian natural gas. Once the cornerstone of Europe’s energy supply, Russia now faces the economic and geopolitical fallout of losing its largest market.
ADNOC Gas has awarded three contracts worth a combined USD 2.1 billion for infrastructure related to its Ruwais LNG project in Abu Dhabi, the company said on Thursday.
A new wave of LNG supply is set to hit the markets in the coming years as the two biggest exporters of the super-chilled fuel, the United States and Qatar, are preparing for a major boost to capacity.
Clean energy and industrial gas company Chart Industries has signed a global master goods and services agreement with ExxonMobil, Chart Industries announced on Wednesday.
Back in February, leading energy information company, Energy Intelligence, reported that interest in long-term LNG projects remains robust despite the Biden administration pausing new licenses for LNG export projects still in the planning pipeline.