Global LNG News Qatar Energy awarded 20-year contract for US LNG supply and explained foreign procurement strategy, US approves construction of $8.2 billion ST LNG marine export terminal. Qatar Energy entered into a 20-year agreement with Woodside to purchase up to 3 million tons of LNG per year from the Louisiana LNG project in the United States. Deliveries under FOB conditions will begin in 2030 after the activation of the second line of the plant and will reach full volume with the launch of the third line. Louisiana LNG has a design capacity of 16.5 million tons per year, with the first LNG cargo expected in 2029. (OE Digital) Qatar Energy is purchasing LNG from foreign producers to reduce the risks of possible disruptions in exports through the Strait of Hormuz, company head Saad Al-Kaabi said. According to him, in the event of a new closure of the strait, gas prices will rise sharply. Contracting volumes from the US and other countries will allow Qatar Energy to continue trading and generating revenue even when its own LNG supply is limited. (investments.com) The US Maritime Administration (it remains) issued a license for the $8.2 billion ST LNG marine LNG export terminal off the coast of Texas. The project includes four liquefaction units of 2.1 million tons per year with a total capacity of up to 8.4 million tons. The terminal will be located about 17 km from the beaches of Matagorda. Construction is scheduled to begin in 2027, commissioning in 2029. The environmental assessment took 410 days, which was the fastest review of such an application in 20 years. (Captain).

Global LNG News Qatar Energy awarded 20-year contract for US LNG supply and explained foreign procurement strategy, US approves construction of $8.2 billion ST LNG marine export terminal. Qatar Energy entered into a 20-year agreement with Woodside to purchase up to 3 million tons of LNG per year from the Louisiana LNG project in the United States. Deliveries under FOB conditions will begin in 2030 after the activation of the second line of the plant and will reach full volume with the launch of the third line. Louisiana LNG has a design capacity of 16.5 million tons per year, with the first LNG cargo expected in 2029. (OE Digital) Qatar Energy is purchasing LNG from foreign producers to reduce the risks of possible disruptions in exports through the Strait of Hormuz, company head Saad Al-Kaabi said. According to him, in the event of a new closure of the strait, gas prices will rise sharply. Contracting volumes from the US and other countries will allow Qatar Energy to continue trading and generating revenue even when its own LNG supply is limited. (investments.com) The US Maritime Administration (it remains) issued a license for the $8.2 billion ST LNG marine LNG export terminal off the coast of Texas. The project includes four liquefaction units of 2.1 million tons per year with a total capacity of up to 8.4 million tons. The terminal will be located about 17 km from the beaches of Matagorda. Construction is scheduled to begin in 2027, commissioning in 2029. The environmental assessment took 410 days, which was the fastest review of such an application in 20 years. (Captain).