PGNiG has terminated a deal with U.S. firm Sempra Energy for liquefied natural gas (LNG) supplies from the Texas Port Arthur project due to delays, Poland's biggest gas company said on Tuesday. State-run PGNiG signed a 20-year agreement with Sempra in 2018, as part of its bigger plan to cut reliance on gas imports from Russia. PGNiG was to receive around 2 million tonnes of LNG per year under the deal, starting from 2023.
The Biden administration on Tuesday will announce a new push to expand business ties between U.S. companies and Africa, with a focus on building needed digital, health and physical infrastructure on the continent, a senior U.S. official said. U.S. industry executives welcome the interest, but say dollar flows will lag until the Biden administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas. Dana Banks, senior director for Africa at the White House National Security Council, will kick off a U.S.-Africa business summit, with a pledge to "re-imagine" and revive Prosper Africa, an initiative unveiled by the Trump administration in 2018.
(Bloomberg) -- Japan’s aggressive new plan to champion clean energy is shaking up the liquefied natural gas market that it helped pioneer 60 years ago.The country, the world’s top LNG importer, called for more renewables such as wind and solar to replace natural gas in a revised plan released last week. The shift aims for LNG-fired power generation to fall by roughly half this decade, creating upheaval for Japanese utilities as well as suppliers from Qatar to Australia to the U.S.The stricter gu