The environment for North American liquefied natural gas (LNG) final investment decisions is looking brighter in 2022, with buyer interest in long-term contracts on the rise amid record-high spot prices. While the Covid-19 pandemic caused global demand to soften and resulted in project delays in 2020 and 2021, a handful of North American projects are…
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No U.S. LNG Export FIDs Predicted in 2021, Says Wood Mackenzie
No U.S. liquefied natural gas (LNG) projects are expected to be sanctioned this year, marking the second year in a row developers may postpone moving ahead with facilities, according to Wood Mackenzie. Consultants during a webcast last week said domestic final investment decisions (FID) were unlikely as sponsors struggle to secure long-term contracts “Generally, we’ve…

LNG Figures Big as Global FIDs for Oil, Gas Projects Set to Triple in ’19
A surge in sanctioning oil and natural gas projects worldwide is set to nearly triple from 2018, with more than one-third centered around natural gas export facilities, according to an analysis Rystad Energy.

U.S. Onshore E&Ps Eye Smaller, Strategic Deals, While Big Oil Brethren Look Overseas
Big Oil is throwing down investments worldwide to expand long-term reserves, while producers focused on the U.S. onshore have smaller, strategic dealmaking underway in the heart of the country, mostly in the Permian Basin and Oklahoma’s myriad, stacked reservoirs.