China’s Big Four state oil and gas companies have evolved from passive importers to active LNG traders, reselling their long-term contracted supply at a premium. As colder winter weather approaches and fears of supply shortages build in Europe, Chinese-contracted US LNG cargoes are being diverted there, having been sold to supply-squeezed Asian markets throughout the summer; writes our Markets Editor Anja Karl.
Digitalisation is accelerating the global LNG expansion while helping operators keep costs in check as developers in North America are seeking to get new projects or bolt-on expansions over the finishing line. In this Q&A, Christina Andersen, Honeywell Technologies’ President, Gas & LNG, Process Technology is telling LNG Journal how digital and modular solutions help improve projects’ bankability, reduce technical complexity and accelerate project schedules.
P&I cover provider, Steamship Mutual has warned of the increased operational, commercial and contractual risks when extended congestion or standby conditions disrupt normal boil-off gas (BOG) management on board an LNGC.
US engineering company Black & Veatch (B&V) has introduced an advanced liquefaction architecture (ALA), a performance platform that improves LNG production by up to 15%.
ALA increases output within compact floating and onshore footprints utilising the company’s expertise in advanced engineering, facility-level energy integration and front-end engineering design (FEED), B&V claimed.
Edison: Italian utility Edison has confirmed that QatarEnergy will not deliver LNG cargoes to its Adriatic regasification terminal until the beginning of December 2026. The Qatari state company extended force majeure, saying it would not be able to deliver another six cargoes.