Riviera Maritime Media: Oil on floating storage soars to record highs, but peak still some way off

May 14, 2020

As a result, LNG export projects that were set for FID in 2020 will be delayed, all but a handful pushed to 2021 and beyond. A Poten & Partners analysis says of the 20 projects with a total capacity of 228 mta, only three will come to FID this year – Qatar’s six-train expansion, Mexico’s Energia Costa Azul and Russia’s Obskiy LNG. Those three projects have a total capacity of 56.4 mta or slightly less than 25% of the original capacity set for FID in 2020.

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