ExxonMobil Corp. and its partners in huge oil and gas discoveries offshore the tiny nation of Guyana in the northeast corner of South America may develop a liquefied natural gas project at the behest of the Government.
European natural gas market prices and Asian spot LNG cargo values slipped to near last year’s levels as hotter weather temporarily dispelled gas supply concerns and available shipping remained short for the Northern Hemisphere winter to come.
Abu Dhabi National Oil Company, the owner of the Das Island LNG plant in the United Arab Emirates and Italian oil and gas company and LNG project developer Eni, plan to explore further opportunities to increase worldwide natural gas supply security.
Energy Transfer LP, the owner of pipeline and other assets in the Permian Basin and Haynesville Shale as well as the Cushing crude oil delivery system, has signed an LNG sale and purchase agreement (SPA) with global commodities firm Gunvor and its third in the past two months for its Lake Charles LNG export project in Louisiana.
Qatar Petroleum said it had started a development drilling campaign for the North Field project that will underpin the feed-gas needs for the LNG expansion at Ras Laffan from 77 million tonnes per annum to 110 MTPA.