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Exxon considers creation of floating LNG collaboration in Israel

ExxonMobil is discussing to create a platform that would enhance the export reach of Israel’s largest natural gas field. The oil major is negotiating with Israel’s Leviathan reservoir to establish a floating LNG vessel. This project would enable Leviathan to export to countries that cannot be reached with pipelines and avoid building expensive infrastructure to connect to LNG facilities in Egypt.

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Greater flexibility important to grow LNG infrastructure, report says

DNV GL published a new report, revealing that the vast majority (85%) of professionals working in the LNG sector consider that more investment is necessary in LNG infrastructure to meet forecasts for growing global demand after 2025. On the other hands, 69% stated that uncertainty regarding prices is limiting spending in the mega-projects needed to feed the world's growing demand for LNG.

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