Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually,
US President Donald Trump’s plan to quickly sell more liquefied natural gas to the world could face difficulties due to limited supplies this year and reluctance in Europe to commit to long-term deals.
Venture Global expects to begin trading on Friday on the New York Stock Exchange with an initial public offering (IPO) priced at $25 per share, the US liquefied natural gas exporter said. Another 10.5 million shares will be made available to Venture Global’s underwriters.
Japan's largest LNG buyer, JERA, is seeking to diversify its supply by increasing purchases from the United States.
Willems said: “Shell’s view is that burning methanol doesn’t make sense.” He pointed out that methanol has a higher carbon footprint than fuel oil. Willems added that, based on current technology, bio-methanol is also made from biogas and is less efficient to produce than bio-LNG.
Trump has pledged to ensure Europe’s LNG needs are met, even if it impacts domestic prices, while urging increased EU purchases to address trade imbalances.
"Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports" was originally created and published by Offshore Technology, a GlobalData owned brand.
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
TotalEnergies has further delayed its troubled $20bn liquefied natural gas project in Mozambique as security concerns and political uncertainty dog one of Africa’s biggest energy investments.
Venture Global is the second-largest exporter of liquefied natural gas, or LNG, in the United States, and one of Trump's first moves after his inauguration was to sign an executive order to end a moratorium on new LNG export permits, which clears an obstacle to Venture Global's expansion plan.