Processing/LNG

Asian LNG Buyers Target Record Low Prices in Contract Talks

Asian LNG buyers are starting talks with producers to renew long-term contracts due to expire over the next few years, aiming to secure all-time low prices in deals likely to set new industry benchmarks.

State Sponsored Qatari LNG Projects Could Hurt North American Projects

Proposed North American LNG export projects may face an uphill battle against Qatar, which announced plans to further ramp up production to hold onto its position as the world’s leading LNG exporter.

Billion-Dollar LNG Project in Southern Mozambique Expected in 2020

A final investment decision on a $3.15 billion liquefied natural gas (LNG) project near Mozambique’s capital will be taken around the middle of 2020, France’s Total and its partners in the project said on Wednesday.

FERC Approves Construction of Four LNG Export Projects in Texas

The U.S. Federal Energy Regulatory Commission (FERC) on Thursday approved the construction of four proposed liquefied natural gas (LNG) export facilities in Texas totaling about 6.2 billion cubic feet per day (bcfd) of capacity.

Dominion's Cove Point LNG Terminal Loads 100th Commercial Ship

Dominion Energy's Cove Point LNG Terminal said it loaded its 100th commercial LNG ship this week—nineteen months after the facility entered commercial service for natural gas liquefaction and export.

Mild Winter, Softer Economy Weaken Asian LNG Markets

LNG spot prices in Asia have dropped to seasonal lows on expectations of a mild winter depressing demand for gas for heating. A slowdown in China's coal-to-gas switch amid a weaker economy is also having an impact.

Leased Russian Tanker Heads for U.S. to Load LNG Cargo

A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for an LNG terminal in the United States, according to ship-tracking data from Refinitiv's Eikon.

Moda Midstream to Expand Loading Center, Evaluate New Pipeline

Along with expanding its Ingleside Energy Center to allow for VLCC loading, Moda Midstream is also evaluating building a new pipeline.

Energy Transfer Expects Supertanker Facility in Service by 2023

Energy Transfer said on Thursday that it is expecting to have its offshore export facility in Texas capable of loading supertankers in service by early 2023.

Cheniere Targets Early Start of Texas LNG Exports: First Half 2021

Cheniere Energy Inc said on Friday it expects to reach substantial completion of the third liquefaction train at its Corpus Christi LNG export plant in Texas earlier than previously expected in the first half of 2021.

EPCM to Build Pipelines for South Africa's First Helium Plant

Renergen said it has commissioned South Africa’s first commercial LNG and liquid helium plant and appointed EPCM Bonisana to install the pipeline and manage the interface.

Phillips 66 Beats Profit Estimates with Help from Midstream Assets

Phillips 66 midstream assets helped the company produce better than expected profits last quarter.

FERC Issues Commonwealth LNG’s Notice of Schedule for Environmental Review

FERC has issued a Notice of Schedule for Environmental Review for the Commonwealth LNG project.

Woodside Targets FIDs on Browse, Scarborough Gas Projects

Australia's Woodside Petroleum has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project. Combined, the projects would require construction of 826 miles of subsea pipeline

U.S. Sanctions Turkish Energy Operations

The United States has sanctioned Turkey’s energy ministry in response to the Turkish cross-border offensive in northeast Syria, including BOTAS, which operates the country's gas infrastructure and is party to gas import contracts.

In a Twist, LNG Takes NatGas Market Share in Europe

Europe’s two biggest suppliers of pipeline gas lost market share for the first time in at least four years as LNG imports into the region tripled between October and August.

Price Spikes in New England Limited by Natural Gas

It seems like each winter we see consumers in New England suffering not just from freezing temperatures but also the highest energy prices in the country – largely because there’s not enough natural gas infrastructure to serve the region during periods of peak winter demand. This past winter, the news was a little bit better.

Investors Flock to Finance Calcasieu Pass LNG Construction

Venture Global LNG said it has made a final investment decision to proceed with development of its $5.8 billion Calcasieu Pass liquefaction facility after financing was nearly two times oversubscribed with more than $10 billion in binding commitments.

Brazil’s LNG-to-Power Complex Funded; Phase 2 Underway

The Gas Natural Açu (GNA) joint venture between Prumo Logistica, BP and Siemens – developer of Brazil’s largest infrastructure project – has gained regulatory approval for LNG imports and satisfied lender conditions for $750 million in project financing to complete the 1.3 GW first phase of its LNG-to-Power complex at the Port of Açu.

Laguna-Aguascalientes Gas Pipeline Propels Growth in Mexico

It is estimated that by 2026 in Mexico, natural gas demand will double the total amount of natural gas produced in 2012. Meanwhile, the current conditions suggest production will increase 2.8% annually.

Global Oil Majors See Surge in Indian Demand for Natural Gas

Global oil and gas majors are looking to India, the world's third biggest oil importer, to buy some of their excess liquefied natural gas (LNG) as the South Asian nation improves its gas infrastructure and strives to reduce emissions.

Norway Gas Production to Decline in 2020 with Maintenance

Maintenance at Norway's natural gas fields and processing plants is scheduled to cut production capacity by some 5.35 Bcm in 2020, less than in 2019, according to a Reuters calculation based on data from system operator Gassco.

Exxon to Make $500 Million Initial Investment in Mozambique LNG Project

Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.

Kinder Morgan Announces Commercial in Service of First Unit at Elba Island Liquefaction Facility

The Elba Liquefaction Company, L.L.C. (ELC), a joint venture between Kinder Morgan and EIG Global Energy Partners (EIG), has announced the commercial in service of the first of ten liquefaction units of the approximately $2 billion Elba Liquefaction project.

FERC Approves Start of Elba Island LNG Production for Kinder Morgan

U.S. regulators approved Kinder Morgan’s request to start production of liquefied natural gas at the first plant of its new export facility, a year after it had been originally due to begin operations, filings showed this week.

Australia's LNG Ltd Receives Preliminary FERC Approval to Expand Proposed LNG Project

Australia’s Liquefied Natural Gas Ltd said on Monday it has received preliminary approval to increase output at its proposed U.S. LNG plant to 8.8 million tons per annum (mtpa) from the currently authorized 8 mtpa.

Centrica Starts Buying Cheniere LNG Under 20-year Contract

Centrica has begun buying liquefied natural gas (LNG) from U.S. producer Cheniere under a long-term contract, the UK utility said in a statement on Monday.

Russia's Novatek Sees Enough Gas for Third Big LNG Plant

Russia's top private gas producer Novatek expects newly acquired licenses will give it enough resources for a third liquefied natural gas (LNG) plant in its super-cooled gas cluster, CEO Leonid Mikhelson said.

LNG Investments Hit Record $50 Billion in 2019

Record investments of $50 billion have turned 2019 into a banner year for LNG, with Canada and the United States being the main drivers, the chief of the International Energy Agency (IEA) said.

LNG Ltd to Supply Gas to Vietnam from Louisiana Project

Australia-listed Liquefied Natural Gas Ltd said it has signed a deal with a province in Vietnam to supply LNG from its Louisiana-based Magnolia project.