Africa

TotalEnergies prepares for Mozambique LNG restart

French energy company TotalEnergies will relaunch its Mozambique LNG project once it has followed the recommendations of a commissioned human rights report that was published.

Global gas markets rebalancing and remains tight in 2023

Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.

TotalEnergies says Mozambique LNG restart complicated by cost disagreements

The restart of TotalEnergies' $20-B Mozambique LNG project is being complicated by disagreements with contractors over extra costs.

Eni launches LNG production in Congo Republic

Italian energy group Eni and Congo Republic's government on Tuesday launched a $5-B gas liquefaction project expected to reach a production capacity of 3 million tpy in 2025.

Mozambique president says TotalEnergies can safely resume $20-B gas project

Mozambique President Filipe Nyusi said it was safe for TotalEnergies to restart the Cabo Delgado LNG project that was halted in 2021 after insurgent attacks on civilians.

Russia's Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying

Sibur, the largest producer and exporter of LPG in Russia, redirected exports to Africa, the Middle East and Asia in the past three months.

Angola LNG operating at reduced rates, tenders withdrawn

Angola's only liquefied natural gas (LNG) project, Angola LNG, has recently cancelled tenders due to production issues at its plant.

Saipem to restart Mozambique LNG project for Total in July

Saipem has agreed to restart a LNG project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said.

bp confirms Phase 2 of the Greater Tortue Ahmeyim LNG project

bp and partners confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim LNG project that they will take forward to the next stage of evaluation.

IEA convenes Special Ministerial on natural gas markets and actions to reinforce supply security

Some 40 countries will convene for a Special IEA Ministerial (International Energy Agency) on February 15 to review the state of natural gas markets and discuss actions to strengthen security of supply amid the global energy crisis.

Using the over-the-counter markets to navigate the shifting LNG landscape

1/1/2023

The considerable disruption in today’s natural gas markets should come as no surprise.