LNG Markets.

Oct 17, 2023

Qatar inks multi-billion LNG deal with France. 

QatarEnergy signed a 27-year term deal with French major TotalEnergiesto supply up to 3.5 million tonnes per year of LNG from its North Field East and North Field South expansion projects, delivered on an ex-ship basis to the Fos terminal, OilPrice said.

Egypt LNG export suffer as Israeli flows halted. US oil major Chevron has halted natural gas exports through the East Mediterranean Gas pipeline to Egypt where production from the Tamar gas field was routinely exported as LNG, jeopardizing the seasonal restart of Egyptian LNG flows.  

Mozambique LNG nears final investment decision. Italian oil major Eni plans to reach a FID on its second floating LNG project in Mozambique by mid-2024, with the additional ship assumed to produce 3.5 mtpa of liquefied gas and to be operational within four years.