Natural Gas News

Deliveries are expected to start in 2030 or 2031, with volumes sourced from Santos’ diversified LNG portfolio.

President Vladimir Putin has demanded that Armenia hold a national referendum on whether to pursue deeper European integration or remain a member of the Moscow-led Eurasian Economic Union.

Venture Global CEO Mike Sabel said the expanded relationship will help China to meet rising energy requirements with competitively priced U.S. LNG produced from the company’s Louisiana facilities.

Package 4 development will expand output capacity to 600 million standard cubic feet per day, equal to about 10% of UAE daily consumption.

The pricing under the agreement is linked to two international natural gas price benchmarks, the US Henry Hub and the European TTF index.

The EIA expects gas inventories to enter the winter season at roughly 5% above the five-year average on October 31, supported by stronger production from the Permian and Haynesville basins.

The proposal is designed to reserve an oversupply of 110% for the east coast gas ⁠market, which has faced shortfalls for almost a decade.

The CPPH, which has a duration of 25 years with the possibility of extension, grants Eni the role of exclusive Operator of the Junín 5 area, with full responsibility for the technical, financial and commercial management of the project.

The transaction includes the Desert Gas LNG Plant in Ehrenberg, Arizona, along with an expansion site in Stroud, Oklahoma.

The pipeline will supply the Southern Energy Project (SESA), which plans to operate two floating LNG facilities, Hilli Episeyo and Esperanza.