Japan’s Inpex expects the Ichthys LNG project in Australia to exceed its previous 2026 production guidance, with an annual average of approximately 10 cargoes per month, due to “strong” production in the first half of this year.
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French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.
Japan’s Inpex said on Friday that it expects to take a final investment decision on the Abadi LNG project in Indonesia "around mid-2027," while the company also started EPC tendering for the project.
The Northern Territory Environment Protection Authority charged Inpex-led Ichthys LNG in court on Wednesday with under-reporting emissions from the Darwin LNG export plant.
Australian engineering firm Worley has secured a framework agreement with a unit of Japan's LNG producer Inpex to support its operations in Australia, building on more than a decade of working together.
Japan's Inpex broke ground on Thursday for its Abadi liquefied natural gas (LNG) project in Indonesia. Inpex is yet to take a final investment decision on the project.