Natural Gas News

QatarEnergy suspended liquefied natural gas (LNG) production last week following an Iranian drone attack, straining the global LNG market.

The second discovery, Frida Kahlo, was drilled from the Sleipner B platform and is located northwest of the Sleipner Vest field.

The IEA chief's remarks highlight the strategic importance of maintaining stable relationships with these key supplier nations.

Meanwhile, Shell has signed preliminary agreements to develop the Carito and Pirital fields in the Monagas North region.

During a press conference, Balcazar added that the company expects natural gas supply to reopen on ​Saturday and for distribution to be normalized on ​Sunday.

The contractor will deliver a fully operational LNG export plant to Glenfarne upon completion.

Operations are currently continuing at the Mina West 2 well to prepare for the start of production. Officials expect this field to come online before the end of the current year.

A key focus of the agreements is the offshore Dragon natural gas project, which is planned to supply gas to neighboring Trinidad and Tobago.

He added that two of the tankers scheduled to deliver cargoes to Europe next week are unlikely to return to QatarEnergy service soon, suggesting a rapid restart of production appears increasingly unlikely.

The facility supplies approximately 70% of Peru's LPG consumption, according to company data.