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Next wave of floating LNG growth in developing markets
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions
Colombia races to shore up gas supply
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist 
How Hormuz chokehold threatens LNG buyers
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
Touchstone advances Central strategy
Canadian independent’s evolving portfolio in Trinidad and Tobago gives it access to the Atlantic LNG market and a close-up view of developments in neighbouring Venezuela
New Zealand embraces LNG
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
Upstream looks to deepwater rescue
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
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
Kazakhstan lays groundwork for transformation
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
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
A dual-coast LNG strategy
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
Senegalese President Bassirou Diomaye Diakhar Faye
Senegal Upstream LNG IOCs
Simon Ferrie
18 June 2024
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Senegal starts crude production

This will be a transformative year for the West African nation, as first LNG is also expected before the end of 2024

Senegal has started producing crude for the first time, as Australia’s Woodside has achieved first oil from its offshore Sangomar development. Sangomar Phase 1 is a deepwater project based around an FPSO facility moored around 100km offshore. The FPSO’s nameplate production capacity is 100,000b/d, with up to 1.3m bl of storage, and the development’s “subsea infrastructure... is designed to allow subsequent development phasesm” Woodside stated. The ASX-listed company operates Sangomar with an 82% stake, with the remaining 18% held by Senegal’s NOC, Petrosen. Drilling is ongoing, and “Woodside expects to continue commissioning activities and safely ramping up production through 2024”, the firm

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Next wave of floating LNG growth in developing markets
6 March 2026
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions

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