A worsening gas supply crunch in Egypt has prompted BG Group to issue force majeure notices under its LNG agreements in the country because of continuing diversions of gas to the domestic market and away from LNG production at its Egyptian LNG plant.
India’s oil and gas companies are increasingly turning to Mozambique as a future source of LNG supply, following a string of large natural gas discoveries since 2010 that have boosted the nation’s gas reserves to more than 170 Tcf.
Angola has become the 19th nation to become an LNG exporter. The first LNG from its newly commissioned liquefaction project at Soyo – 350 km north of Luanda, at the mouth of the Congo River – was delivered to Brazil last month.
Qatar’s decision to supply five cargoes of LNG to help Egypt out over the summer period will bring some welcome relief to a country facing an energy crisis – but it is only a very short-term palliative solution.
HOUSTON – KBR (NYSE: KBR) today announced it was awarded a contract by Anadarko Mozambique Area 1, Ltd., to perform a pre-front-end-engineering and design (pre-FEED) study for a prospective Liquefied Natural Gas (LNG) plant in Mozambique, Africa.