Swiss energy trading company Axpo and German LNG Terminal, the joint venture developing Germany’s first LNG terminal, have signed a heads of agreement for a long-term capacity deal at the facility in Brunsbuettel in northern Germany.
Announcing that the “boom is back” for liquefied natural gas (LNG), Wood Mackenzie says that over the next two years, almost 90 million tonnes per annum (mmtpa) of LNG is expected to take final investment decision (FID) and start construction.
Sempra Energy’s unit Port Arthur LNG has received authorization to export around 13.5 million tonnes per year of domestic-produced LNG to countries that do not have a free-trade agreement (FTA) with the U.S.
The DOE’s Office of Fossil Energy has issued the long-term authorization for Tellurian’s Driftwood LNG to export domestically produced liquefied natural gas from its proposed export facility to non-free trade agreement countries.
Despite LNG demand in the first quarter of 2019 being negatively impacted by warmer than usual weather in the Northern Hemisphere winter, global LNG imports during the period totalled 88 million tonnes (mt), compared to 79 mt in the first quarter of 2018, or 11% growth.