Page 1 - GLNG Week 44 2020
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Issue 639 06•November•2020 Week 44
Russian bull
Russia’s Novatek believes current low gas prices are unsustainable, and sees
LNG demand doubling by 2040 on the back of Asia-Pacific growth.
Ups and downs
ExxonMobil has pulled out of an LNG import project in Pakistan, while
Chevron has provided an update on the restart of Train 2 at Gorgon LNG.
LNG-to-power
A memorandum of understanding has been signed on a potential integrated
LNG-to-power project in Hai Phong, Vietnam.
Backing out
French utility Engie has abandoned talks with NextDecade over a proposed
LNG supply deal involving gas from a planned terminal in Texas.