Shell CEO Wael Sawan confirmed on Thursday that the company and its LNG Canada partners expect to take a final investment decision on the second phase of the project by the end of this year.
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Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.
Brazil’s state-owned energy firm Petrobras has signed a long-term deal with US LNG exporter Sempra Infrastructure, a unit of Sempra, to buy LNG from the second phase of the Port Arthur LNG project in Texas.
Switzerland-based energy trader MET Group has agreed to buy more US liquefied natural gas (LNG) from UK-based energy giant Shell to supply its European customers.
Peru LNG’s liquefaction plant at Pampa Melchorita shipped five liquefied natural gas cargoes in July, the same as in the previous three months, according to shipment data by state-owned Perupetro.
UK-based LNG giant Shell has completed its previously announced acquisition of Canadian gas producer ARC Resources for $16.5 billion, including debt, after receiving all required shareholder, court, and regulatory approvals.