The European Union is struggling to offset Russian gas supplies due to import capacity constraints, with the Dutch investment bank ING estimating EU countries could increase LNG imports by about 68 billion cubic meters (bcm), or 63 percent this year, in a ‘best-case scenario’. But that is far short of the 155 bcm imported from Gazprom in 2021 – hence a quick shift to green power sources is essential; our markets editor Anja Karl finds.
Our March data indicate an increase in LNG flows as the United States and Indonesia boosted exports alongside net demand growth in all three Basins, our Markets Editor Alexander Wilk reports.
With some LNG producing countries now looking to fast track proposed production plants on the back of the Russian/Ukrainian conflict, engineering companies will also be looking to speed up their construction methods to keep pace. Technical Editor, Ian Cochran talks with a leading player.
A revolutionary yet simple containerised LNG solution has won an Approval in Principle (AiP) from Bureau Veritas (BV). Technical Editor Ian Cochran investigates.
Ukraine crisis transforms LNG fuelling prospects With no resolution to the conflict in Ukraine in sight, ongoing disruption to supply chains threatens to derail growth in LNG fuelling this year, with European markets likely to be most impacted by price pressures. Fuelling Editor Malcolm Ramsay has more.
ADRIATIC LNG, the operator of the largest of three Italian regasification terminals, said it would launch the open season bidding at the end of May 2022 to allocate the regasification capacity available from the end of 2022 to 2047.
Adriatic LNG terminal is co-owned by units of ExxonMobil and QatarEnergy and recently stated it was ready to increase capacity to direct more natural gas to Europe.
Following a string of LNG cargoes from Venture Global’s new Calcasieu Pass LNG project in March, Tellurian announced it had given the go-ahead for its contractors to start work on Driftwood LNG.