GLNG - Global LNG
Australian refiner and fuel marketer Viva Energy is upbeat about the potential of its proposed liquified natural gas (LNG) import project in Victoria after the state government blocked a similar project on environmental grounds.
US-based Sempra Energy said this week that it had agreed to sell a 20% interest in its Sempra Infrastructure Partners unit to global investment firm KKR for $3.37bn in cash.
Although military forces have offered reassurances, Total has evacuated all its workers from the Mozambique LNG construction site on the Afungi Peninsula.
Elton Group of Senegal has announced plans to set up an LNG bunkering and regasification facility in Dakar.
The global LNG trade is booming. Last week it was reported that deliveries of the super-chilled fuel had grown the most in a year in March, as Asia and Europe refilled inventories depleted over the winter and countries bounced back from the pandemic.
The Santos-led consortium developing the Barossa natural gas and condensate field has reached a final investment decision (FID) on the $3.6bn project that lies offshore Australia’s Northern Territory.
NextDecade announced last week that it had signed a term sheet with Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental Petroleum, for the offtake and storage of carbon dioxide (CO2) from the planned Rio Grande LNG project in Texas.
US-based New Fortress Energy (NFE) is slated to provide LNG to two thermal power plants in Mexico under a new supply agreement with CFEnergia SA de CV, a subsidiary of that country’s Federal Electricity Commission (CFE).
The Australian Energy Market Operator (AEMO) has said an anticipated shortfall in natural gas supplies can be delayed as long the country begins importing liquefied natural gas (LNG) by the end of 2023.