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European gas faces renewed strain after winter drawdowns
Sustained low temperatures have depleted storage levels and exposed the EU’s vulnerability to shocks even as the bloc moves ahead with phasing out all Russian imports
LNG, a strategic safeguard
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
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US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
The new LNG wave is finally here
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LNG trends in developing economies
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A new force in US LNG
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in North America
Letter from Qatar: Greater purpose and direction for LNG
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
LNG steps in as Brazil’s gas boom masks tight marketable supply
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia, tells Petroleum Economist
Rwandan soldiers in northern Mozambique
Mozambique LNG
Simon Ferrie
23 September 2024
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Mozambique’s LNG ambitions advance

The country’s stalled liquefaction projects are inching forward, even as upcoming elections and persistent security problems in the resource-rich north continue to pose significant hurdles

ExxonMobil recently confirmed that the Rovuma LNG developers have signed FEED contracts for the proposed 18mt/yr project, saying that “this FEED phase is expected to take around 16 months and is the last step before FID". “The award and execution of the FEED contracts is a meaningful step forward to developing the world-class Rovuma LNG project,” said ExxonMobil Mozambique President Frank Kretschmer. The "updated design” comprises 12 modules each with 1.5mt/yr of capacity. The modular design “is expected to increase project competitiveness [and] flexibility”, and cut greenhouse gas emissions compared with the previous plans, ExxonMobil stated. The use of LNG modules will also help "to reduce

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