QatarEnergy

QatarEnergy has signed a 1.8 million metric ton/year (mmty), 15-year contract with Bangladesh’s national natural gas company as the marketing push for North Field LNG continues. Under the agreement, QatarEnergy’s liquefied natural gas trading arm could begin delivering cargoes to the Bangladesh Oil, Gas and Mineral Corp. (Petrobangla) starting in 2026. Supply is to be…

Production has resumed at the 1.7 Bcf/d Cameron LNG facility in Louisiana. Spokesperson Anya McInnis said annual maintenance on Train 2, which began April 28, has been completed. NGI data showed feed gas deliveries to the terminal increased Tuesday.

QatarEnergy has awarded a $10 billion engineering, procurement and construction (EPC) contract for its North Field South (NFS) LNG expansion project to Technip Energies NV and Consolidated Contractors Co.

China Petroleum and Chemical Corp., aka Sinopec, has agreed to take a stake in QatarEnergy’s North Field East (NFE) LNG expansion project, the first equity deal between a Chinese state-owned firm and the major natural gas exporter. Sinopec negotiated a 5% stake in one of the four 8 million metric ton/year (mmty) capacity trains outlined…

QatarEnergy said this week it would consolidate all export product marketing, bringing the sale of LNG and helium assets managed by an affiliate into its fold to strengthen its global gas business and better compete with major portfolio players. CEO Saad bin Sherida Al-Kaabi said the move is a “strategic decision” taken as part of…

QatarEnergy is continuing work to expand its LNG portfolio outside Qatar, acquiring regasification assets and stakes in global energy projects to achieve “a globally diversified portfolio of third party and equity LNG.” The work follows the state-owned company’s rebranding from Qatar Petroleum to QatarEnergy in 2021 and the formation of a global trading arm in…

The Energy Information Administration (EIA) estimated this year will bring the lowest amount of LNG export capacity additions in a decade, exacerbating expectations for a tight global natural gas market through 2025. In a recent report, EIA researchers projected four liquefied natural gas export projects would come online across the world this year, adding a…

ConocoPhillips on Tuesday signed two contracts to buy LNG from QatarEnergy and deliver it to Germany beginning in 2026, marking the first ever long-term supply agreement to move the super-chilled fuel to Europe’s largest gas-consuming nation. Under the agreements, Conoco would purchase 2 million tons (Mt) of liquefied natural gas annually for a term of…

Sempra Infrastructure has formalized an agreement with ConocoPhillips, giving the independent 5 million metric tons/year (mmty) of offtake and a 30% stake in its planned Texas export project east of Houston. The subsidiary of San Diego-based Sempra disclosed Tuesday that it executed a 20-year sales and purchase agreement (SPA) with ConocoPhillips for supply from Port…