The Sultanate of Oman, the largest energy exporter outside OPEC, has become one of the leading global exporters of liquefied natural gas (LNG) due to a rising demand for clean energy sources, according to a report by Oman Observers, a local daily. In April 2023, Oman’s LNG exports reached a record high of 1.16 million […]
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Shell, Equinor to begin engineering work on Tanzania’s $42 billion LNG project
Shell and Equinor will begin engineering work on their $42 billion Tanzania LNG project after signing key agreements. Following the deals, the two European manors will kick off engineering work on a project that will produce about 10 million-15 million tonne per annum LNG plant on the coast at Lindi. “Equinor, Shell, their partners, together […]
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Singapore receives QatarEnergy’s landmark cargo
Singapore’s Pavilion Energy has received its inaugural liquefied natural gas (LNG) shipment from Qatar accompanied by a Statement of Greenhouse Gas Emissions (SGE) at the Singapore LNG terminal. The cargo was supplied by QatarEnergy, and SGE serves as an authenticated record of the greenhouse gas emissions generated throughout the entire process of extracting and transporting […]
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Tanzania says LNG megaproject to cost $42 billion
Tanzania says the cost of developing its liquefied natural gas (LNG) project is $42 billion after the recent technical analysis, the East African reported. The country isn planning to sign the host government agreement next month and embark on the front-end engineering design of what will become the largest energy project in eastern and southern […]
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Middle East eyes $120 billion spend to increase gas production
The Middle East is set to spend as much as $120 billion to increase gas production by 14 billion standard cubic feet a day (bcfd) to 86 bcfd by 2030, according to a new report by Wood Mackenzie. The report ‘The Middle East steps on the gas’ shows gas supply growth in the Middle East […]
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ADNOC picks Ruwais over Fujairah for LNG project
ADNOC said on Tuesday that its LNG project would move forward in UAE’s Al Ruwais Industrial City instead of Fujairah. The location’s vicinity to ADNOC’s current operations and its future growth projects as well as its local supplier base were all important factors in the decision, ADNOC said in a press release. The project had […]
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ADNOC, TotalEnergies sign $1.2 billion strategic agreement
ADNOC’s gas unit has announced a three-year supply agreement with French multi-energy company TotalEnergies Gas and Power Ltd, a subsidiary of TotalEnergies for the export of LNG. The value of the agreement is between $1 billion to $1.2 billion under current market conditions, ADNOC said in a press release. Under the terms of the agreement, […]
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QatarEnergy partners with Sinopec for $30 billion LNG project
QatarEnergy has announced the signing of a definitive partnership agreement with China Petrochemical Corp (Sinopec) for the North Field East (NFE) expansion project, the largest project in the history of the LNG industry. Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion, which will raise Qatar’s […]
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Tanzania to award contracts for $30 billion LNG project
Shell, Equinor and the government of Tanzania have finalised negotiations for the construction of a $30 billion LNG terminal and contract preparation is underway, Tanzania’s energy ministry said. “Minister January Makamba said negotiations on the construction of the LNG project were complete, and now experts are at work drafting contracts,” the energy ministry said on […]
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QatarEnergy and China’s CNPC to sign major LNG deal
China National Petroleum Corp (CNPC) will soon finalise a deal to buy LNG from QatarEnergy from Qatar’s massive North Field expansion project, Reuters reported, citing three people with knowledge of the matter. This would be the second such deal between both countries as Beijing looks to diversify its fuel sources in a drive to replace […]
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