Global Oil & Gas: LNG Project Sanctions Set to Surge in 2019

Global Oil & Gas: LNG Project Sanctions Set to Surge in 2019

Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase four-fold to 80 million tonnes per annum (mtpa) by 2030, according to Wood Mackenzie.

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Markets: The Next Wave of Global LNG Investment Is Coming

Markets: The Next Wave of Global LNG Investment Is Coming

With an annual growth of 10% in 2017 to 290 million tons (Mt)[1] and 8.3% in the first half of 2018,​[2] Liquified Natural Gas (LNG) demand is rising faster than expected. Accounting for 44% of global demand growth in 2017, China is the main driver of the growth as the government has made natural gas a key policy choice to reduce air pollution and restructure its high-carbon energy mix. 

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These Are the Biggest Natural Gas Producers in the World

These Are the Biggest Natural Gas Producers in the World

Natural gas companies produced a record 3.68 trillion cubic meters (~130 trillion cubic feet) of natural gas last year, according to BP’s (NYSE: BP) Statistical Review of World Energy. That’s an increase of 4% from the prior year — almost double the 10-year average growth rate — thanks to a big uptick in production from Russia, which contributed about a third of global growth. North America, however, was the largest gas-producing region, led by the…

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Africa Oil & Gas: China raises imports of Nigerian LNG

LNG imports by state-owned companies coming into China from Nigeria LNG have risen in January 2015. As Platts reveals, six cargoes were delivered to China’s LNG terminals so far, compared to two cargoes from NLNG during January and February last year. China imported only seven cargoes from the Nigerian LNG facility during whole 2014.

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