Project Progress & Updates

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Russia’s natural gas industry has over the past two weeks reached a series of significant milestones in its ambitions to ramp up its exports – not just to its traditional markets in Europe but also to tempting new markets in Asia Pacific.
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The leaders in large-scale gas-to-liquids (GTL) technology – Shell and South Africa’s Sasol – continue to make progress in developing new projects.
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The hugely ambitious venture to construct a $45-65+ billion LNG export project in Alaska continues to gain momentum, with the latest development being the selection of a potential site for the liquefaction plant and terminal.
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Shell has selected a potential site for a proposed world-scale gas-to-liquids (GTL) plant in the US state of Louisiana.
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The Norwegian government has decided to terminate the full-scale carbon capture project under development at Mongstad in what it describes as “a change in direction” in its efforts to promote carbon capture and storage.
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Cheniere – the undisputed leader in the race to develop large-scale exports from the Unites States – is pushing forward with the fifth and sixth trains at its Sabine Pass project.
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The race to export LNG from the United States is picking up pace with several announcements in recent weeks.
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  • Contributed by: Susan L. Sakmar, Independent consultant, author and adjunct law professor, University of Houston Law Center
From the Arctic to the United States and almost everywhere in between, there are numerous LNG projects in various stages of development. Gastech Insights asked Susan Sakmar to share which LNG projects she is watching this year.
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  • Interview with Jefferson Edwards, GM - Global Gas & LNG Market Development, Integrated Gas, Upstream International, Shell
As reported by Shell’s LNG Outlook 2017, the future LNG demand growth will be driven by: policy, floating storage regasification units (FSRUs), replacing declining domestic gas production, small-scale LNG and transport.
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  • Interview with Andrew Walker, Vice President Strategy, Cheniere Energy
LNG is growing seven times faster than pipeline gas and as such, by 2035, it will account for around half of globally traded gas.
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  • Contributed by: Melanie Lovatt, Finance Advisor, Poten & Partners
If all things go according to plan for the sponsors of the Fortuna project in Equatorial Guinea, three floating liquefaction (FLNG) projects will manage to complete their fundraising this year.
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  • Contributed by: Mary Hemmingsen, EVP and CFO, Northwest Innovation Works
*This article was contributed by Mary Hemmingsen when she worked at KPMG as Partner, National Sector Leader, LNG, Power and Utilities.