This agreement marks the first formal LNG purchase commitment for Alaska LNG, and strengthens its supply strategy in the market.
The Congo LNG project is designed to exploit the region’s natural gas resources, specifically from the Marine XII project.
The company is projected to export more than 16 million tons of LNG from the U.S. by 2030.
The Galgahévíz-4 well was drilled in 37 days and contributes 4% of MOL’s crude oil in Hungary.
This new collaboration framework focuses on technical exchange, market studies and financing solutions for offshore infrastructure.
According to the company, the acquisition will have an immediate impact on its distributable cash flow.
Oil extracted at Johan Sverdrup emits up to 90% less CO₂ than the global average.
The collaboration between Wison New Energies and the Turkish Petroleum Corporation marks a decisive stage in Turkey’s energy expansion in the Black Sea.
The infrastructure will transport up to 2.5 billion cubic feet per day of natural gas 450 miles from the Permian Basin in Texas to the Katy area.
The pipeline could generate more than 1.5 billion balboas annually in revenues for Panama during its operation.
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