Mozambique LNG project expected online by 2026-2027: ONGC
Mozambique LNG project expected online by 2026-2027: ONGC
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Natural Gas News
Mozambique LNG project expected online by 2026-2027: ONGC
Summary
ONGC Videsh, the overseas arm of ONGC, and two other Indian state-owned energy companies own a combined 30% stake in the project. by: Shardul Sharma
The Mozambique LNG export project, which has been under force majeure due to attacks by Islamic State terrorists, could begin operations by 2026-2027, Arun Kumar Sin...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.