LNG

The EU has strengthened its energy security by cutting gas demand by over 20% between 2021 and 2024 and curbing gas imports from Russia.

EIG’s LNG developer, MidOcean Energy was said to be in negotiations to join the Argentina LNG consortium, according to sources talking with Bloomberg.

Once a major exporter, Egypt imported a record volume of LNG last year, which highlighted its growing energy needs, as the country faced a domestic gas production decline and less reliable supply from Israel.

Saudi Arabian energy giant, Aramco has signed a long-term supply agreement with US Commonwealth LNG for 1 mill tonnes of LNG per year, according to a Reuters report.

Glenfarne Group’s Texas LNG Brownsville has become close to taking a final investment decision (FID) with the signing of a definitive 20-year sales and purchase agreement (SPA) with RWE Supply & Trading.

The US aims to double its LNG export capacity in the coming years, with Türkiye among the countries set to benefit, according to US Energy Association (USEA) President, Mark Menezes.

Woodside Energy has announced a major milestone in its Scarborough Energy project with the arrival of the FPU.

As demand grows for flexible, distributed, and efficient natural gas infrastructure, the technology to enable the liquefaction, processing, and LNG distribution has become increasingly critical.

Last year, Polish energy company, ORLEN claimed to have further consolidated its position in small-scale LNG supplies.

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