LNG

Canadian Prime Minister, Mark Carney, has announced a list of five major ‘nation-building’ projects he wants to see speed up.

The price of building gas-fired power plants in the US has risen to $2,200–$2,500 per kilowatt of capacity, raising doubt about projects economics and freeing up more feedgas for LNG exports. At the Energy Finance Conference in San Diego, panellists warned that building a modern combined-cycle gas power plant now…

Woodside Energy gears up to officially break ground on the $17.5 billion Louisiana LNG facility today – the biggest direct foreign investment in the state’s history. Planned production capacity is up to 16.5 mtpa, with first LNG targeted in 2029.

Last year was a transitional one for the global natural gas and LNG market, marked by limited momentum and tight fundamentals – in contrast to the extreme volatility of recent years.