EIA: Europe’s LNG import capacity set to expand
LNG import capacity in the EU and the UK will expand by 34% by 2024 compared with 2021, according to GIIGNL and trade press data.
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Sempra Infrastructure and ConocoPhillips have executed a 20-year agreement for 5 million tpy of LNG from Phase 1 of the proposed Port Arthur LNG project under development in Jefferson County, Texas, US.
Sinopec and QatarEnergy have signed a long-term LNG purchase and sales agreement for the supply of 4 million tpy of LNG to Sinopec.
Despite the downward trend in natural gas imports from Canada, trade between the US and Canada remains important in balancing US natural gas markets and helps ensure reliable supply.
As of 14 November 2022, the reconstruction work necessary to commence initial operations, including utilisation of all three liquefaction trains, two LNG storage tanks and one dock, was approximately 90% complete.
India and China will drive the LNG regasification capacity additions in Asia between 2022 and 2026, as the two countries step up imports of natural gas to reduce carbon emissions.
KBC has expanded the features and capabilities of its Multiflash® modelling software that enhances accuracy and fluid predictions across several disciplines and applications, such as LNG and hydrogen production.
According to a new McKinsey study, North America possesses significant natural gas resources that could combat the linked challenges of energy supply, energy costs, and greenhouse gas emissions.
Williams has entered into a non-binding heads of agreement (HOA) with Sempra Infrastructure to establish the elements of an integrated platform to further connect the Haynesville basin to growing LNG export demand.
SCF Partners has invested in Westbrook Energy Group – a manufacturer of pressure control connection products for the downstream, natural gas, LNG and upstream markets.
