Processing/LNG

The $44 billion Alaska LNG project is targeting final investment decisions in 2026 and 2027 as developers work to secure remaining LNG offtake agreements ahead of exports planned for 2031.

The $44 billion Alaska LNG project needs another 3 million tons per year of LNG offtake agreements before developers can move forward with a final investment decision, according to Glenfarne’s CEO.

Venture Global has reached a final investment decision and secured $8.6 billion in financing for Phase 2 of its CP2 LNG export project in Louisiana, pushing total project financing above $20 billion.

An unplanned flaring event at the Shell-led LNG Canada export terminal in Kitimat, British Columbia, could continue for up to a week, highlighting operational challenges at the recently launched LNG facility.

JERA plans to transfer its stakes in Australia’s Gorgon and Ichthys LNG projects to MidOcean Energy as the company refocuses its LNG portfolio while maintaining supply agreements tied to the assets.

Argent LNG has applied to the U.S. Department of Energy for authorization to export up to 25 million metric tons per year (MMtpy) of LNG from its planned Louisiana export terminal as the developer advances toward a final investment decision.

Shell has declared force majeure on LNG cargoes sourced from QatarEnergy after a production halt at Qatar’s massive export facilities, raising concerns about potential supply disruptions in global LNG markets.

LNG Canada is ramping up exports to Asia as global gas markets scramble to respond to supply disruptions linked to the Iran conflict and halted LNG shipments through the Strait of Hormuz.

ProSep will supply natural gas conditioning mixers for an LNG export facility in South Texas, supporting gas processing and heavy hydrocarbon removal ahead of liquefaction.

Texas LNG has signed an EPC contract with Kiewit for its planned Port of Brownsville export terminal, marking a key step toward a final investment decision for the Gulf Coast LNG project.

Amarinth has delivered chemical injection skid systems for Nigeria’s Soku and Gbaran LNG fields to help prevent corrosion and scale buildup in pipelines supplying feed gas to the NLNG export plant.

Venture Global says construction costs for its CP2 LNG export project in Louisiana have risen by $4 billion, pushing the total expected investment above $33 billion.

QatarEnergy is offering 10 LNG tankers for lease outside the Strait of Hormuz as production disruptions and the U.S.-Iran conflict push LNG freight rates to multi-year highs.

LNG tankers are diverting toward Asia as buyers scramble for replacement cargoes following supply disruptions tied to the Middle East conflict and halted shipping through the Strait of Hormuz.

India’s GAIL is assessing gas supply reductions after Petronet LNG declared force majeure amid Middle East shipping disruptions that halted LNG cargo movements through the Strait of Hormuz.