Processing/LNG

IEA Raises 2020 Gas Demand Forecast, Still Expects Record Fall

The International Energy Agency raised its forecast for global LNG demand this year but still expects to see the biggest fall on record due to the impact of the coronavirus pandemic.

U.S. Energy Companies Begin Restoring Oil and Gas Output After Hurricane

Several U.S. oil and gas companies began the process of restarting production at facilities along the country's Gulf Coast on Sunday, two days after Hurricane Delta hammered the area with 100 mph winds.

Gazprom Sees European Gas Glut in 2021

Gazprom said on Monday that it expects oversupply of the European gas market to continue into 2021.

NextDecade on Track for Rio Grande Facility FID in 2021

U.S. LNG company NextDecade said it is still planning to reach a final investment decision regarding it's Rio Grande LNG facility in 2021.

Glenfarne Gets 5 More Years to Build Magnolia LNG Plant

U.S. energy regulators have given Glenfarne Group an additional five years to construct its Magnolia LNG plant in Louisiana.

Ukraine Could Export Gas to Europe This Winter

Ukraine has collected a record volume of natural gas in storage this year and says it is open to exporting some of its stores to the European market if conditions are right.

Colonial Pipeline Completes Acquisition of Refined Product Terminals

Colonial Pipeline Company has completed the acquisition of three refined product terminals from Lincoln Terminal Company.

Australia's Santos Wins State Green Light for $2.6 Billion Gas Project

The Australian state of New South Wales on Wednesday approved a long-delayed $2.6 billion (A$3.6 billion) gas project being developed by Santos.

China on Course for Record LNG Imports as Industries Recover, Expand

China's imports of LNG will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand.

Pipeline Rupture at India Gas Plant Sparks Fire, Halts Supply

A fire at an Oil and Natural Gas Corp plant caused by a pipeline rupture has cut gas supplies to customers including power and fertilizer companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd.

Port Arthur Pipeline Announces Binding Open Season for Additional Capacity on Texas Connector Project

A component of Sempra LNG has launched an open season to solicit interest for capacity on a proposed pipeline to connect its proposed Port Arthur LNG facility to connecting pipelines and transport hubs.

East Mediterranean States Formally Establish Egypt-Based Gas Forum

Six Mediterranean countries signed a charter on Tuesday to formally establish a group that seeks to boost natural gas exports from the region.

Global LNG Demand to Rise for Next Few Decades, COVID Temporary Blip — Industry

Industry executives believe the global demand for LNG will continue to rise in the next several decades due to growing economies in Asia, with the coronavirus pandemic being a temporary setback.

Pandemic to Trim China's 2020 Gas Demand Growth — Report

Natural gas consumption in China is expected to grow at the slowest rate in five years according to a new report released by Beijing.

Sempra Says 6 Weeks Until Cameron LNG Plant in Full Service

Sempra Energy said it expects its Cameron LNG plant in Louisiana to be back in full service in six weeks after Hurricane Laura caused major power outages in the area.

Petrobras on Track to Expand Rio LNG Import Capacity

Brazilian state-owned oil energy firm Petrobras said the company is on track to expand import capacity at its Rio LNG facility by 50%,.

Cameron LNG Moves Closer to Exiting Outage

Industry analysts believe Cameron LNG's Louisiana export plant is close to returning to service after Hurrican Laura devastated the area causing power outages throughout the area.

Fossil Fuel Demand to Take Historic Knock Amid COVID-19 Scars — BP

BP is expected fossil fuel consumption to shrink for the first time in history as the pandemic has destroyed global energy demand and climate policies boost the development of renewable energy.

Glenfarne Seeks 5 More Years to Build Louisiana Magnolia LNG Export Plant

Glenfarne Group and Kinder Morgan have asked U.S. energy regulators for an additional five years to build the Magnolia LNG export facility and accompanying pipeline expansion.

Freeport LNG Gets More Time to Complete Train 4 at Texas Facility

Freeport LNG has received more time from U.S. energy regulators to complete its fourth liquefaction train at the company's export facility in Texas.

PETRONAS Launches Virtual LNG Pipeline System

Malaysian energy firm PETRONAS has launched a virtual LNG pipeline system to deliver natural gas to customers who cannot attach to the pipeline distribution grid.

Amid Challenges, Natural Gas Remains Growing Part of Energy Mix

According to S&P Global Market Intelligence, 120,498 MW of gas-fired capacity came online between 2008 and Aug. 1, 2019. Twenty percent of that was in 2018 and 2019 alone, and roughly 200 new gas plants have been proposed or are in development right now.

LNG Investments Vanish in 2020 as Coronavirus Slashes Oil and Gas Prices

For the first time in nearly two decades, some analysts believe that no new LNG export projects could be approved this year as the global coronavirus pandemic has destroyed oil and gas prices.

Hungary Signs Gas Deal with Shell, its First in the West

Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.

Chevron Delays Restart of Gorgon LNG Train for Additional Repairs

Chevron is delaying the restart of Train 2 at its Gorgon LNG plant in Western Australia until October to allow for additional repairs.

San Mateo Midstream Provides Pipeline, Black River LNG Updates

San Mateo midstream provided updates on Tuesday to several of its ongoing pipeline projects as well as on the expansion of its Black River LNG plant in New Mexico.

U.S. Department of Interior Requests Expedited Environmental Reviews for Energy Projects from Trump Administration

The U.S. Department of Interior has asked the Trump Administration to fast track environmental reviews for several major energy and infrastructure projects, including LNG facilities and pipelines.

Brazil's Lower House to Vote on End to Petrobras Virtual Gas Monopoly, Encourage Pipelines

The lower house of Brazil's parliament is set to vote soon on legislation that would end the state-owned energy company Petrobras' virtual monopoly of the natural gas industry, opening up the sector, including pipelines, to private investment.

Cheniere Says no Storm Major Damage to Sabine Pass Facility, Pipelines

Cheniere Energy, the largest U.S. LNG producer, said on Monday that the company's Sabine Pass LNG facility and pipeline assets were not significantly damaged by Hurricane Laura.

High Storage Levels Mean Weak Gas Prices Expected for European Winter

Analysts are expecting weak gas prices in the European market over the winter season as storage levels are already nearly full due to a sharp drop in demand early this year as countries went into lockdown to prevent the spread of the coronavirus.