US top LNG exporter in 1H23
The EIA reports that the US exported more LNG than any other country in the first half of 2023.
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Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1
Sempra Infrastructure has announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
LR and COSCO join forces on LNG fleet decarbonisation pathway project
Lloyd’s Register and COSCO intend to join forces to assess the decarbonisation pathway for COSCO Shipping’s existing LNG carrier fleet.
BP enters third long-term LNG offtake contract from Woodfibre’s British Columbia LNG facility
BP has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.
Tellurian and Baker Hughes announce agreement for liquefaction equipment
Tellurian Inc. and Baker Hughes have announced an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tpy to more than 100 million tpy of nameplate LNG export capacity.
BASF commences construction of syngas plant
BASF has commenced construction of its syngas plant at the Verbund site in Zhanjiang, China.
Technip Energies to offer new solution for LNG production
Technip Energies has launched SnapLNG by T.EN™, a modular, pre-engineered and standardised solution for low-carbon and accelerated time to market LNG production.
Berkshire Hathaway Energy completes acquisition of additional stake in Cove Point LNG
Berkshire Hathaway Energy has announced it has completed the purchase of Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business, resulting in a total ownership interest of 75%.
EIA: new natural gas-fired capacity additions expected to total 8.4 GW in 2023
So far in 2023, 10 natural gas-fired power plants have come online in the US with a total of 6.6 GW of electric generating capacity. The EIA expects another six natural gas-fired power plants with another 1.8 GW of capacity to come online in 2H23.
US will continue to lead global LNG liquefaction capacity additions
The US is set to contribute 46% of the total LNG liquefaction capacity additions between 2023 and 2027, reports GlobalData.
US LNG to drive global market by 2030
In this report, Fauzeya Rahman, LNG Americas Editor at ICIS, explains how US LNG could take a one-third share of global supply by 2030.?
EIA: US exports largest quantity of LNG in 1H23
The US exported more LNG than any other LNG-exporting country in the first six months of 2023.
Commonwealth LNG and Baker Hughes sign strategic agreement
Commonwealth LNG has signed a strategic agreement with Baker Hughes related to Commonwealth LNG’s facility under development in Louisiana, US.
Gate terminal starts construction of fourth LNG tank
A final investment decision has been taken to expand Gate terminal’s storage and regasification capacity.