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Fast forward 20 years and #LNG is a truly global energy business, isn’t it? But will LNG make it to the top, or will electrification and increased energy production from renewables stop it from doing so? Yiyong He Greg Molnár @Michaelstoppard Ira Joseph LNG Journal LNG Considered the Next Global Energy Business With natural gas demand continuing to build around the world and a number of countries looking for the chance to supply it, the global liquefied natural gas (LNG) industry could emerge as the second global energy business, according to Michael Stoppard, Cambridge Energy Research Associates (CERA) director of Global LNG.

🌍 New US-Greece LNG Deal to Strengthen Europe’s Energy Security ⚡ A new LNG deal between the US and Greece is set to enhance Europe’s energy security, providing a reliable alternative to Russian gas and contributing to the continent’s efforts to diversify energy sources. This partnership underscores the importance of liquefied natural gas (LNG) in securing Europe’s energy future. 🔹 Energy Security Boost: The deal will ensure a steady flow of LNG from the US to Europe, reducing dependence on traditional gas suppliers. 🔹 Diversification of Energy Sources: Europe continues to diversify its energy mix, with LNG playing a critical role in enhancing supply stability. 🔹 Strategic Partnership: The US-Greece collaboration highlights the growing importance of international partnerships in securing energy supply and tackling global energy challenges. 💬 What impact do you think this LNG deal will have on Europe’s energy landscape? Read more: https://lnkd.in/ecQS6tNJ #EnergySecurity #LNG #NaturalGas #USGreeceDeal #EnergyTransition #Sustainability #EnergySupply #EnergyPartnership #EuropeEnergy #UtilityWire #EnergyDiversification #CleanEnergy #GasInfrastructure

We need to talk more about the role natural gas can play in the energy transition. Accounting for one-fifth of global energy consumption, natural gas has the lowest greenhouse gas (GHG) footprint among hydrocarbons. Its capacity to substitute coal and oil, offers quick and tangible emissions reductions in the short term. Natural gas can make significant contributions to today's energy mix by leveraging existing energy infrastructure and existing scaled supply chains. Following Baker Hughes' strong Q2'24 Earnings results, Upstream digs into this topic in this compelling article. I encourage you to read the below to learn more about our leadership in LNG and market trends for this critical area 👇. #WeAreBakerHughes #EnergyTransition #EnergyForward #NaturalGas #Gas #LNG

Paris/Shanghai, November 4, 2024 – As part of its strategy to grow its Liquefied Natural Gas (LNG) business, TotalEnergies announces today the signing of a sales agreement (HoA) with Sinopec for the delivery of 2 million tons of LNG per year for 15 years, starting in 2028. Thanks to this major agreement with one of the leading LNG players in the country, TotalEnergies strengthens its long-term position in the LNG market in China, the largest market in the world. This agreement comes within the strategic cooperation agreement signed earlier this year between TotalEnergies and Sinopec during President Xi Jinping’s state visit to France. In China, natural gas is a key component of the energy transition as it mitigates the intermittency of rapidly growing renewable energies and helps reduce greenhouse gas emissions when it replaces coal in electricity production. “We are delighted to have been chosen by Sinopec to supply 2 million tons of LNG to China, the largest LNG importing country in the world. This new agreement demonstrates the competitiveness of TotalEnergies’ LNG business and allows us to continue growing our long-term sales in Asia,” said Stéphane Michel, President Gas, Renewables & Power at TotalEnergies.

We need to talk more about the role natural gas can play in the energy transition. Accounting for one-fifth of global energy consumption, natural gas has the lowest greenhouse gas (GHG) footprint among hydrocarbons. Its capacity to substitute coal and oil, offers quick and tangible emissions reductions in the short term. Natural gas can make significant contributions to today's energy mix by leveraging existing energy infrastructure and existing scaled supply chains. Following Baker Hughes' strong Q2'24 Earnings results, Upstream digs into this topic in this compelling article. I encourage you to read the below to learn more about our leadership in LNG and market trends for this critical area 👇. #WeAreBakerHughes #EnergyTransition #EnergyForward #NaturalGas #Gas #LNG

The environmental benefits and efficiency of natural gas are clear and compelling - I'm confident that LNG will play a key role in the energy transition. To realize it's full potential, increased investments are crucial for advancing a lower-carbon future. As we saw in Baker Hughes recent Q2'24 Earnings, our team is driving growth in this critical area - I encourage you to read the below article in Upstream to learn more about our leadership in LNG and current market trends for this critical area 👇. #WeAreBakerHughes #EnergyTransition #EnergyForward #NaturalGas #Gas #LNG

The environmental benefits and efficiency of natural gas are clear and compelling - I'm confident that LNG will play a key role in the energy transition. To realize it's full potential, increased investments are crucial for advancing a lower-carbon future. As we saw in Baker Hughes recent Q2'24 Earnings, our team is driving growth in this critical area - I encourage you to read the below article in Upstream to learn more about our leadership in LNG and current market trends for this critical area 👇. #WeAreBakerHughes #EnergyTransition #EnergyForward #NaturalGas #Gas #LNG

Texas LNG Brownsville LLC (“Texas LNG”), a four million tonnes per annum (“MTPA”) liquefied natural gas (“LNG”) export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC (“Glenfarne”), has signed a second Heads of Agreement (“HOA”) with EQT Corporation (“EQT”) for natural gas liquefaction services for an additional 1.5 MTPA of LNG over 20 years. This transaction expands Texas LNG’s total HOA volume with EQT to 2 MTPA. Final terms remain subject to the negotiation of a definitive 20-year LNG tolling agreement. With this transaction and Texas LNG’s recently announced offtake agreement with Gunvor, only 1.5 MTPA of additional offtake is pending public announcement to reach Texas LNG’s fully permitted capacity. https://lnkd.in/g46Tpcvf

The #UnitedStates (U.S.) is poised to take the lead on the expansion of liquefied #naturalgas (LNG) and floating #LNG (#FLNG) projects in #Africa, which is set to spearhead the floating LNG market growth between now and 2027. As a result, U.S. operators and contractors can seize the opportunity to play a main role in realizing new capacity, alongside onshore developments. #oilgas #offshoreenergy #gas #oilandgasnews #energy #oilandgas

We need to talk more about the role natural gas can play in the energy transition. Accounting for one-fifth of global energy consumption, natural gas has the lowest greenhouse gas (GHG) footprint among hydrocarbons. Its capacity to substitute coal and oil, offers quick and tangible emissions reductions in the short term. Natural gas can make significant contributions to today's energy mix by leveraging existing energy infrastructure and existing scaled supply chains. Following Baker Hughes' strong Q2'24 Earnings results, Upstream digs into this topic in this compelling article. I encourage you to read the below to learn more about our leadership in LNG and market trends for this critical area. #WeAreBakerHughes #EnergyTransition #EnergyForward #NaturalGas #Gas #LNG