Daily LNG News: Summary and Analysis for June 12, 2024
Rystad Energy: US LNG to Asia Expected to Cut Emissions Compared to Coal
Rystad Energy's recent research reveals that the value-chain emissions of LNG are lower on average than those of coal-fired power generation, even when the LNG is shipped over long distances. This finding highlights the environmental benefits of using US LNG for power generation in Asia, presenting a cleaner alternative to coal and contributing to global emissions reduction efforts.
QatarEnergy and ExxonMobil Update on Golden Pass LNG Work
Energy giants QatarEnergy and ExxonMobil have released the latest construction updates for their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas. This project aims to enhance the LNG export capacity of the region, reinforcing the US's position as a leading LNG supplier.
Clean Energy Boosts Boron LNG Capacity with Third Train
US LNG supplier Clean Energy Fuels has completed the construction of a third production train at its LNG plant in Boron, California. This expansion increases the plant's capacity by 50%, demonstrating the growing demand for LNG and Clean Energy's commitment to meeting this demand.
Germany's Uniper Terminates Russian Gas Supply Deals
German state-owned energy firm Uniper has officially terminated its long-term gas supply contracts with Russia's Gazprom. This move marks the end of a long-term gas supply relationship and highlights the ongoing shifts in global energy supply chains amid geopolitical tensions.
DSIC Lays Keels for MSC's LNG-Powered Containership Duo
China’s Dalian Shipbuilding Industry has held keel-laying ceremonies for two LNG-powered containerships being built for Switzerland-based shipping giant MSC. This development is part of a broader trend towards more environmentally friendly shipping solutions.
France's Elengy and SPSE Join Forces on CCS Project
French LNG terminal operator Elengy and pipeline and storage firm SPSE have teamed up to develop a carbon capture and storage (CCS) project in France. This collaboration aims to reduce carbon emissions from LNG operations, aligning with global climate goals.
India to Ramp Up Regulation of LNG Import Terminals
India plans to increase regulation of new LNG import terminal construction to boost the utilization of existing facilities. This regulatory focus aims to optimize the country's LNG infrastructure and ensure efficient use of resources.
Tight, Jittery Gas Market Heralds Bullish Second Half
Market analysts predict a bullish outlook for the second half of 2024, driven by recent price volatility and tighter-than-expected global gas supplies. This trend indicates potential opportunities for LNG producers and traders.
Taiwan Boosts Energy Security with Qatari LNG Deal
Taiwan has secured a deal with QatarEnergy as part of Qatar's North Field East expansion project. This agreement strengthens Taiwan's energy security and supports its transition away from nuclear power.
Japan Likely to Boost LNG Role in New 2040 Energy Plan
Industry experts believe that Japan will increase the role of LNG in its new 2040 energy plan to meet higher expected power needs. This shift reflects Japan's commitment to diversifying its energy mix and enhancing energy security.
Job Opportunities in the LNG Industry
LNG Project Engineer - United States
LNG Plant Operations Manager - Qatar
LNG Logistics and Distribution Specialist - Germany
Energy and Environmental Consultant - Mexico
LNG Process Engineer - Nigeria
Energy Market Analyst - Japan
LNG Business Development Manager - Brazil
LNG Plant Maintenance Supervisor - Australia
LNG Ship Design and Construction Engineer - South Korea
LNG Regulatory Compliance Coordinator - United Kingdom
For more details and to apply for these positions, please send a direct message to our LinkedIn page.
Stay informed with the latest updates and analysis on the LNG industry. Follow us for more news, insights, and job opportunities.
#LNG #Energy #CleanEnergy #GlobalMarkets #JobOpportunities #Sustainability #EnergySecurity #IndustryNews