The IEA reports that global natural gas consumption is expected to contract slightly in 2022 and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further supply disruptions.
BASF and MAN Energy Solutions have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump at the BASF site in Ludwigshafen, Germany.
According to the LNG Industry GIIGNL Annual Report 2022 by the GIIGNL, global trade in LNG in 2021 increased by 2.2 billion ft3/d, or 4.5%, compared with 2020.
Lummus Digital has announced an agreement with LACC to develop AI powered remote performance monitoring for an ethane cracker unit.
The Western Australian Environmental Protection Authority (EPA) has made public its report on the North West Shelf (NWS) Project Extension proposal.
The Connected OEM offering is an Internet of Things (IoT) solution that allows OEMs and skid manufacturers to remotely monitor the health and condition of their assets.
Shell and CMA CGM Group have signed agreements that will see them work closely together to accelerate the decarbonisation of the marine sector. This includes a multi-year LNG supply agreement.
Chart Industries Inc. has received full notice to proceed for Cheniere’s Corpus Christi Stage Three LNG export terminal project.
INEOS Energy has signed a Heads-of-Agreement with Sempra Infrastructure for the potential supply of 1.4 million tpy of LNG from North America for 20 years.
In an historic first, Uzbekistan’s new state-of-the-art gas-to-liquids (GTL) plant in the Qashqadaryo Region has begun producing synthetic oil.
According to GlobalData, China is expected to lead the global LNG regasification capacity additions between 2022 – 2026, contributing 26% of the total LNG liquefaction capacity additions.
Analysts at Wood Mackenzie believe that storage refill is at risk unless additional demand and supply measures are taken.
Lummus Technology has announced the launch of its Polaris breech-lock closure – a new technological upgrade applicable to its high-pressure heat exchanger equipment.
A fire at Freeport LNG‘s natural gas liquefaction plant in South Texas, US, has led to the full shutdown of the facility. The shutdown will reduce total US LNG export capacity by approximately 2 billion ft3/d.
Wood Mackenzie research suggests that a complete ban on Russian commodity exports will accelerate LNG growth and the energy transition.