Reports related to this article:
Project(s): View 3 related projects in PECWeb
Plant(s): View 2 related plants in PECWeb
Released August 05, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the project spending outlook for the natural gas and liquefied natural gas (LNG) sector on Wednesday, August 7, at 10 a.m. CDT (11 a.m. EDT). Join our industry experts as they discuss what to expect in the coming years from this segment of the industrial world. The webinar will be repeated at a later time for audiences in Europe and the Asia-Pacific region.
LNG has played an outsize role in global trade over the past few years, with the U.S., Qatar and Australia occupying the leading positions for LNG exports. As Europe attempted to wean itself from Russian natural gas following the latter's invasion of Ukraine, U.S. LNG played a significant role bringing energy to Europe in the changing energy landscape.
But the LNG sector isn't staying still as these new trade scenarios unfold. Industrial Info is tracking many active LNG projects, including several billion dollars' worth that are currently under construction. Although the Biden administration imposed a pause on LNG export approvals in January in order to update economic and environmental analysis criteria, in early July, a federal judge overturned the decision, paving the way for further approvals.
Wednesday's webinar will outline which LNG plants are likely to move forward and which are likely to remain in a planning phase, in both the U.S. and other parts of the world. Among the most recent U.S. LNG projects to gain approval from the U.S. Federal Energy Regulatory Commission (FERC) was Venture Global LNG's (Arlington, Virginia) CP2 plant in Louisiana, although the facility is still waiting on Department of Energy authorization to export to countries with no free trade agreement in place with the U.S. now that the export pause has been lifted. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the related project reports.
Some of the heaviest LNG construction is underway in Qatar, which aims to boost LNG production from its North Field project from 77 million tons per annum (mtpa) to 142 mtpa by 2030. As part of this expansion, QatarEnergy LNG (Doha, Qatar) is in the process of building six additional trains at its Ras Laffan plant, the first four of which are expected to be online next year, followed by the remaining two by 2027. Subscribers can learn more by viewing the related project reports.
Industrial Info's webinar will provide insight not only into these projects, but also how they interrelate with one another in the global trade environment, and where and when we expect the next rounds of industry spending to be. We hope you are able to join us for this timely and informative event. Click here to learn more and RSVP.
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).
LNG has played an outsize role in global trade over the past few years, with the U.S., Qatar and Australia occupying the leading positions for LNG exports. As Europe attempted to wean itself from Russian natural gas following the latter's invasion of Ukraine, U.S. LNG played a significant role bringing energy to Europe in the changing energy landscape.
But the LNG sector isn't staying still as these new trade scenarios unfold. Industrial Info is tracking many active LNG projects, including several billion dollars' worth that are currently under construction. Although the Biden administration imposed a pause on LNG export approvals in January in order to update economic and environmental analysis criteria, in early July, a federal judge overturned the decision, paving the way for further approvals.
Wednesday's webinar will outline which LNG plants are likely to move forward and which are likely to remain in a planning phase, in both the U.S. and other parts of the world. Among the most recent U.S. LNG projects to gain approval from the U.S. Federal Energy Regulatory Commission (FERC) was Venture Global LNG's (Arlington, Virginia) CP2 plant in Louisiana, although the facility is still waiting on Department of Energy authorization to export to countries with no free trade agreement in place with the U.S. now that the export pause has been lifted. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the related project reports.
Some of the heaviest LNG construction is underway in Qatar, which aims to boost LNG production from its North Field project from 77 million tons per annum (mtpa) to 142 mtpa by 2030. As part of this expansion, QatarEnergy LNG (Doha, Qatar) is in the process of building six additional trains at its Ras Laffan plant, the first four of which are expected to be online next year, followed by the remaining two by 2027. Subscribers can learn more by viewing the related project reports.
Industrial Info's webinar will provide insight not only into these projects, but also how they interrelate with one another in the global trade environment, and where and when we expect the next rounds of industry spending to be. We hope you are able to join us for this timely and informative event. Click here to learn more and RSVP.
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).
