Though all major liquefaction projects have been deferred to 2021 and beyond, Sempra Energy is pressing ahead with its Costa Azul project at Mexico’s Pacific Coast. The US developer said it is “optimistic” to receive a government export authorisation and take FID “this year”. Rival developers have delayed projects due to the pandemic and implemented radical cost-cutting measures of nearly $55 billion combined. – Markets Editor Anja Karl investigates.
Increasing flexible LNG supply may be Turkey’s key to unlock more favourable long-term pipeline gas supply terms, our Markets Editor Alexander Wilk writes
Hard-nosed buyers are bargaining for cheap term LNG supplies as about one-third of active contracts are due to expire between 2020 and 2025. Contracting activity collapsed this year with only 35 bcm signed to date, which gives buyers plenty of bargaining power to negotiate flexible pricing and delivery terms, our Markets Editor Anja Karl finds.
September LNG trade continued on the marginal improvement trajectory of August on the back of higher Middle Eastern and Atlantic exports to cover additional demand in Asia and in some European countries, our Markets Editor Alexander Wilk reports.
AGL ENERGY of Australia has pledged at the annual meeting to pursue the Crib Point LNG project on Westernport Bay, south of Melbourne in the state of Victoria as one of the vital tools in the cleaner energy transition.
Technical Editor, Ian Cochran, looks at the problems of reducing methane slip
A Norwegian consortium of technology developers has announced plans for a pilot project to develop flexible fuel cells, capable of running on LNG. LNG Journal’s fuelling editor Malcolm Ramsay reports