This warning from the DOE has raised concerns about potential delays in the two-phase project's timeline, initially expected to commence LNG shipments this month following an export permit issuance in June.

The decision, prompted by a legal challenge from Simon Munkara, a traditional landowner from the Tiwi Islands, followed concerns over the potential impact on underwater cultural heritage sites.

The country's first domestically-produced LNG storage tank, boasting an impressive capacity of 270,000 cubic meters, was officially put into operation on Thursday.

The deal, effective from January 2024, complements Eni's existing contract with Jangkrik LNG Sellers, which has been in place since 2017, providing 1.4 billion cubic meters (49.4 bcf) annually.

The event, which occurred on Friday, October 27, 2023, took place at the Gasunie subsidiary Hynetwork Services in the port of Rotterdam, where the first section of the network will be built by contractor Visser & Smit Hanab.

This stoppage, attributed to the impact of the ongoing Gaza conflict, raises concerns about Egypt's ability to resume its exports to Europe.

Gasgrid Finland Oy, the state-owned operator, is offering seven slots with 800 gWh capacity each for a period of approximately two weeks each.

The surge, set to add over 250 billion cubic meters (bcm) per year of new capacity by 2030, poses the risk of a substantial oversupply in the LNG market, potentially exerting downward pressure on prices

With the goal of significantly reducing carbon dioxide (CO2) emissions in the area, H2Teesside will contribute to the transformation of local industry through the adoption of low-carbon practices.

The vessels are expected to play a vital role in the project's first phase, set to commence in December 2023.