Shell, TotalEnergies in talks for stakes in Adnoc LNG plant
Adnoc is expected to make a final investment decision on the Ruwais LNG export project as soon as next month.
LNG
Adnoc aims to reach investment decision on new LNG plant by June
Abu Dhabi National Oil Co. is advancing plans for a new liquefied natural gas export project, making it the latest company looking to capture a share of the growing market later this decade.
Qatar extends North Field, targets even more LNG production
QatarEnergy (QE) will target 142 million tonnes per year of LNG production before 2030, up from its previous goal of 126mn tpy by 2027.
Qatar pauses gas shipments via Red Sea after US airstrikes
Qatar appears to have paused sending liquefied natural gas tankers through the Bab el-Mandeb Strait after US-led airstrikes on Houthi targets in Yemen raised risks in the vital waterway.
Adnoc signs first Ruwais LNG sale
“This landmark LNG agreement from our ongoing Ruwais LNG project enhances Adnoc’s position as a reliable and responsible global energy provider and creates new opportunities for value-creation across our gas value chain as natural gas demand continues to increase,” said Rashid Khalfan Al Mazrouei, Adnoc senior vice president of marketing.
UAE uses COP28 to push Adnoc, Masdar agenda
The briefing pack on the various countries often reiterated one point. “There is no conflict between sustainable development of any country’s natural resources and its commitment to climate change.”
Qatar signs up Italy in fresh gas deal with Europe past 2050
Eni signed a 27-year liquefied natural gas deal with QatarEnergy, marking the Gulf nation’s third major contract with a European firm this month.
Tanker reroutes from Egypt amid Israeli gas squeeze
Ajayi noted Egypt relied on gas imports from Israel for domestic demand. “As such the North African nation will have less gas available for LNG exports due to the shutdown of the EMG pipeline.”
Shell and Qatar sign 27-year LNG supply deal for Netherlands
Shell agreed to buy liquefied natural gas from Qatar for 27 years to the Netherlands, marking the Gulf nation’s second major contract to supply fossil fuel to Europe beyond 2050.
Egypt weighs impact of Israel gas field halt on LNG exports
The stoppage at Tamar could result in lower shipments to buyers in Europe, who are increasingly reliant on alternatives to Russian pipeline flows, especially during the winter heating season.
Saudi Aramco hunts for more LNG deals to meet surging demand
Saudi Aramco is looking for more acquisitions in LNG following a first-ever deal in the industry last month, as it sees growing demand for the fuel.
QE signs $3.9bn deal for 17 Korean LNG carriers
As a result of the deal, QE will increase its fleet size from 60 to 77. The company has said more vessels are to come.
Worley takes CCS design win in Qatar
The CCS plant will be able to capture 4.3 million tonnes per year of CO2. It will capture emissions from seven trains at Qatargas North and three trains at Qatargas South.
Qatargas rebrands under QatarEnergy umbrella
“Today, ‘QatarEnergy LNG’ carries this legacy forward well into the 21st century helping meet the world’s growing energy demand”, Minister Saad Sherida Al-Kaabi said
Chevron takes FID on Leviathan expansion
It will increase the throughput of gas from 1.2 billion cubic feet per day to nearly 1.4 bcf per day, or from 12 billion cubic metres per year to 14 bcm. The new gathering pipeline should reach first gas in the second half of 2025.
CNPC signs on to Qatari LNG project
China National Petroleum Corp. (CNPC) has signed up to take 4 million tonnes of LNG from Qatar and a stake in the North Field East (NFE) project.
Qatar dishes out $10bn EPC work on next LNG phase
Technip reported that the NFS project would involve a CCS facility of 1.5mn tpy, making the LNG plant emit 25% less than other such plants.
Adnoc switches LNG expansion site
The Al Ruwais facility would use electric-drive trains, running on renewables and nuclear power. As a result, Adnoc said, it will be “one of the lowest carbon intensity LNG facilities in the world”.
Sinopec signs up for stake in mega Qatari LNG project
The company took the final investment decision (FID) on NFE in February 2021. Adding the NFE and NFS volumes should boost Qatari capacity from 77mn tpy to 126mn tpy.
Adnoc Gas opens book to public, aims to raise $2 billion
The offer runs until March 1. It covers around 4% of the shares in the company. It will raise $1.9 to 2 billion. The price values Adnoc Gas at $47 to 50.8bn.
NewMed invests in plan for Israeli LNG exports
The Israeli company has also talked about building a third gathering line at Leviathan, with a final investment decision (FID) due early this year.
QE continues to consolidate control, taking over LNG marketing
QE currently manages the marketing and sale of all Qatar's exported products, bar LNG and Helium.
Gulf IPO rush resumes as Adnoc tees up largest deal of 2023
The United Arab Emirates’ national oil company plans to raise $2 billion or more by listing its natural gas business in what could the largest initial public offering so far this year.
Germany receives first Middle Eastern LNG, from Adnoc
Alebri said the delivery “demonstrates how the UAE is continuing to work closely with our strategic partners in responsibly providing secure, sustainable and affordable energy supplies”.
The East Med’s export problem
“It’s a matter of cost,” DNV’s Mediterranean manager Andrea Spessa said. “This pipeline is the best solution to transport energy from one country to another in this range.”