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Released May 13, 2022 | SUGAR LAND
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Energy Market highlights gathered by Industrial Info and IIR Energy

LNG
Venture Global Makes LNG Sales Agreement with Petronas
- Venture Global LNG LLC (Arlington, Virginia) has made a 20-year sales and purchase agreement with Malaysia's Petronas (Kuala Lumpur) for 1 million tonnes per annum (MTPA) of LNG from its Plaquemines LNG plant in Louisiana. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of the 20 MPTA nameplate capacity at Plaquemines LNG. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here for the project on the initial project and here for the second part. (Reuters)

PRODUCTION
Iraq's April Crude Oil Production Rises Above OPEC+ Quotas
- Iraq pumped 4.43 million barrels per day (BBL/d) of oil in April, up by 282,000 BBL/d from March, according to data from state-owned marketer SOMO. According to the production figures, Iraq's April output was 16,000 BBL/d above its OPEC+ quota for that month. (Reuters)

CRUDE OIL
Colombia Targets Raising Oil Exports to U.S. by 40,000 BBL/d This Year
- Colombia could increase oil exports to the U.S. by close to 40,000 BBL/d by the end of the year, a government minister said on Wednesday, as the country works to return output to pre-pandemic levels. Colombia's oil and gas industry was battered by the coronavirus pandemic in 2020, before suffering further declines amid weeks of unrest caused by anti-government protests in the middle of 2021. (Reuters)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.

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