Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Editorial Comment

A. Blume, Editor

This year could be the largest ever for LNG export project final investment decisions (FIDs). Major LNG buyers in Asia will help make possible the next wave of sanctioned liquefaction projects, with a collective capacity of more than 220 MMtpy of LNG. However, LNG suppliers will need to cater to the changing demands of buyers, which are seeking more contract variety and flexibility. 

Major projects expected to take FID in 2019 include Novatek’s $27-B Arctic LNG 2 project in Russia, at least one project in Mozambique, and four export terminals in the US: Magnolia LNG, Delfin LNG, Lake Charles LNG and Golden Pass LNG. The four US projects represent a combined export capacity of 7.6 Bft3d. 

The US EIA projects that US LNG export capacity will reach 8.9 Bft3d by the end of 2019, making it the third-largest exporter in the world behind Australia and Qatar. Australia overtook Qatar as the world’s largest LNG exporter in November of last year. US LNG export capacity was expected to end 2018 at 4.9 Bft3d as two new LNG trains became operational on the US Gulf Coast. The three-train Cameron LNG project and the two-train Freeport LNG project are being commissioned, and will be placed in service during 2019.  

The Elba Island LNG facility in Georgia is also scheduled to become fully operational by the end of the year. Elba Island LNG comprises 10 modular liquefaction units with a combined capacity of 0.33 Bft3d. Additionally, the second train at Corpus Christi LNG is scheduled to be placed in service in 2Q 2019. GP


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
China is hosting the 19th International Conference and Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai from 1–5 April—an appropriate choice of host country, given China’s increased appetite for natural gas.
EWAnalysis: Canada comes late to LNG; projects and prospects mixed
- Energy Web Atlas
Canada has abundant natural gas resources.
Executive Viewpoint: BHGE developing technology-driven solutions to reduce total cost of ownership
-Alberto Matucci
While BHGE recently won new orders for LNG projects, the company remains committed to differentiating the business, implementing solutions proven in LNG into other applications of the oil and gas value chain.
Industry Trends: Russia and US go head-to-head over EU gas market
-Eugene Gerden
Lower-cost Russian gas will likely continue to dominate the EU market in the coming years, despite the growth in oil prices, to which Russian gas prices are linked.


A New Approach to Large Medium Voltage Drives

Register Now

By attending this webinar, you will learn the benefits of using a single-channel, Variable Frequency Drive (VFD) solution for applications above 9,000Hp with operating voltages from 11kV to 13.8kV. We will explore a VFD solution that does not require a step-up output transformer but still provides maximum control, environmental and motor flexibility to the end user. We will also discuss how to provide maximum reliability using power cell redundancy and the removal of water cooled components. The topics covered in the webinar include:
•A brief review of the multi-cell M2C topology
•A review of the physical implementation and the advantages it offers to the end user
•A presentation of the various implementations and ratings available for use on typical pump, compressor and fan applications.

May 7, 2019 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2019 Gulf Publishing Holdings LLC.