First LNG production from the Tangguh Train 3 project is targeted to start next month after several years of delays, according to Indonesia’s energy regulator SKK Migas. SKK Migas spokesperson Hudi Suryodipuro told news media last week that first LNG from the train is expected in the second week of September. The BP plc-led project…
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Indonesia Energy Sees Natural Gas Potential in ‘World Class’ Sumatra Block
Jakarta-based exploration and production company Indonesia Energy Corp. Ltd. (IEC) sees potential gas production starting next year from its Kruh-28 well on the island of Sumatra. “We believe that the Kruh Block is a world class asset and, in order to maximize future production capability, we have commenced on our program of conducting seismic operations…
March 27, 2023
Europe’s Reliance on Diverse Pool of LNG Sources Continues Year After Ukraine Invasion
A year after Russia’s invasion of Ukraine splintered the energy landscape in Europe, the region is continuing to diversify its natural gas supply, thanks in part to a wave of LNG imports. However, it still faces years of possible shortages as global export capacity remains tight. Since last February, liquefied natural gas imports have taken…
February 22, 2023
Tight LNG Market to Continue as EIA Sees Lowest Natural Gas Export Capacity Additions in Decade
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…
February 6, 2023
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