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LNG gets political
From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
Trump’s LNG metamorphosis
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
Power play signals change in Nigeria
With a new board appointed to lead NNPC and moves by President Tinubu to exert control in the Delta region, there is renewed hope the country will be able to turn the corner and rebuild production to former peaks
Sasol delays South Africa’s ‘gas cliff’
The company will use methane-rich gas produced from local coal to temporarily replace lost supplies from Mozambique
Mozambique LNG financing cannot lift security gloom
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
Oil majors target Suriname as new exploration frontier
Companies including Shell, TotalEnergies and Chevron are turning to Suriname’s oil potential as South America’s smallest country seeks to replicate the success of neighbouring Guyana
Gas industry must look beyond 2030 blindspot
Gas will become a more important part of the energy mix longer-term, raising the alarm for much-need investment as supply struggles to keep up with demand
Asia’s potential upstream powerhouse
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
Oman’s domestic gas needs raise LNG doubts
Dip in reserves amid soaring power needs raise concerns about the country’s plans for a new LNG train
Rwandan security forces near Palma in 2021
Mozambique LNG IOCs
Alex Forbes
3 July 2024
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Looming elections push Mozambique LNG startups towards 2030

Two big onshore developments face further delay as lenders wait on poll results within the country and in the US

Concrete progress on the two huge proposed onshore LNG export projects in Mozambique would be welcomed by all involved. Buyers are anxious for the supply diversity this would bring in a business increasingly dominated by the US and Qatar, especially as a global supply-demand gap is expected to emerge early in the 2030s. The sponsors of the projects, led by major international oil and gas companies (IOGCs), are keen to get on with construction of what will be huge revenue generators when they are finally up and running. Most of all, the population and government of Mozambique—home to 30m people—are eagerly anticipating the economic benefits the project would bring. Despite economic progress o

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