State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.
US LNG exporter Venture Global LNG has awarded more contracts to compatriot energy services firm Baker Hughes as it expands its liquefaction capacity in the US.
FSRU-based LNG import terminals in Egypt were the top destinations for US liquefied natural gas shipments in June this year, with Asia becoming the preferred destination for US cargoes over Europe for the first time since September 2024, according to the Department of Energy’s LNG monthly report.