Escalation of the military conflict between Israel and Hamas could put investment in the Tamar and Leviathan field at risk, disrupting not only Israeli pipeline gas deliveries to Egypt and Jordan but also LNG shipments to Europe. Israel suspended production at Tamar due to rocket fire at the city of Ashdod and analysts fear a regional conflict could derail $4 billion in Capex for upstream projects over the next three years; our Markets Editor Anja Karl has more.
The ongoing Chinese LNG import capacity expansion appears questionable at first glance amid the relatively low utilisation of many terminals. However, there are clear indications how the ongoing capacity increase fits into China’s gas strategy, our Markets Editor Alexander Wilk writes.
Our data for October shows higher LNG output globally both month-on-month and year-on-year. Meanwhile, net LNG demand also increased as European imports gained momentum, our Market Editor Alexander Wilk reports.
Exergy International, an Italian-based engineering company, is leveraging the LNG regasification process’ cold energy potential. Technical Editor Ian Cochran reports.
ship based carbon capture (SBCC) prototype system developed in the Netherlands by Carbotreat was recently fitted on board a TotalEnergies chartered Seapeak LNGC. Ian Cochran reports.
The launch of the first small-scale LNG bunkering vessel in Southern Italy is reshaping fuelling options as Swiss energy group Axpo sees opportunities across the sector ‘growing rapidly’ in coming years. Fuelling Editor Malcolm Ramsay has more.
ADNOC, the Abu Dhabi National Oil Company, has awarded a contract valued at more than 1.47 billion United Arab Emirate dirhams ($400M) to US LNG equipment and technology-maker Baker Hughes for the supply of two all-electric compression systems for the UAE’s planned second LNG export plant to be located at Al Ruwais Industrial City.