Tag: LNG

Global demand for natural gas will continue to grow. Between now and 2035, this demand is expected to increase with an average of 2 % per annum. Along with this rising demand, LNG production will increase too, mainly for markets in the Middle East and Asia. The question is: will it be sufficient?

LNG powered ships – from tankers to cruise ships to passenger ferries – are rapidly gaining popularity around the world, not least for the environmental benefits that this cleaner technology offers. Technological innovations are playing an important role with one of the market leaders, Wärtsilä, driving ahead the trend for LNG in the maritime sector.

The Linde Group has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia.

Air Products (APD), a global industrial gas company, and Sonatrach, the state-owned oil and gas company in Africa, have signed two gas production and delivery agreements.

The Rovuma Basin, situated on the northern coast of Mozambique, has proven to hold significant gas reserves. In June 2017 the Coral South LNG project was launched, targeting the so-called Area 4 above the basin. As from 2022, 3.4 million tons of gas will be liquefied annually by a conglomerate.

Polish Oil and Gas Company (PGNiG) and Cheniere Marketing International LLP have signed a long-term agreement for supplies of LNG from the USA.

Shell Canada Energy, an affiliate of Royal Dutch Shell plc (Shell), recently announced it has taken a final investment decision (FID) on LNG Canada, a major liquefied natural gas (LNG) project in Kitimat, British Columbia, Canada, in which Shell has a 40% working interest.

ABS granted Approval in Principle (AIP) to TECHNOLOG for an innovative liquified natural gas (LNG) fuel gas container system.

Wood recently provided technical support for Equinor’s liquefied natural gas (LNG) facility at Melkøya Island, Norway, as part of a new contract secured under an existing master services agreement.

The AES Corporation (AES) recently inaugurated AES Colón, a 381 MW combined cycle power plant and the first liquefied natural gas (LNG) terminal in Central America.