Venture Global, QatarEnergy, TotalEnergies: Your Daily Energy News

News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

LNG
Venture Global Seeks to Commence Some Service at Calcasieu Pass LNG Plant - U.S. liquefied natural gas (LNG) company Venture Global LNG (Arlington, Virginia) asked federal energy regulators for permission to commence service of liquefaction blocks 7-9 at its Calcasieu Pass LNG export plant in Louisiana. There are 18 modular liquefaction trains configured in nine blocks at Calcasieu. Each block can produce about 1.3 million metric tons per annum of LNG. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can click here for more details on the project. (Reuters)

QatarEnergy, TotalEnergies Sign 27-Year LNG Supply Agreement - Qatar on Wednesday secured its largest and longest European gas supply deal from Doha's massive production expansion project, providing France with up to 3.5 million metric tons LNG a year for 27 years. Affiliates of QatarEnergy (Doha, Qatar) and France's TotalEnergies SE (NYSE:TTE) (Courbevoie, France) signed two long-term sales and purchase supply agreements for delivery to a receiving terminal in southern France, with deliveries expected to start in 2026, a statement by QatarEnergy said on Wednesday. Subscribers to Industrial Info's Production Plant Database can click here for the QatarEnergy plant profile. (Reuters)

CRUDE OIL
EIA: Global Oil Stockpiles to Fall in Second Half of 2023 - Global oil inventories are expected to fall by 200,000 barrels per day in the second half of 2023 due to voluntary output cuts from Saudi Arabia and reduced production among OPEC+ countries, the U.S. Energy Information Administration (EIA) said on Wednesday. The lower inventories, which are forecast to keep global oil supply below consumption, are likely to boost oil prices, the EIA said. It now sees spot Brent crude oil at $94.91 a barrel in 2024, up from a previous forecast of $88.22. (Reuters)

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About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).