Processing/LNG

Israel's NewMed Energy Leaning Towards Floating LNG Expansion

Israel's NewMed Energy said on Thursday it was leaning towards building a floating liquefied national gas terminal to further develop its Leviathan gas field off Israel's Mediterranean coast.

Italian City of Piombino Challenges LNG Terminal Project

The Italian city of Piombino has launched a legal challenge against a government-backed project for a new LNG terminal in the Tuscan port that is seen as key to helping wean Italy off Russian gas.

Sempra Strikes LNG Supply Deal with ConocoPhillips

Sempra Energy said on Tuesday that ConocoPhillips will buy five million tonnes per annum of LNG from Phase 1 of the Port Arthur LNG project under development in Jefferson County, Texas.

Germany's LNG Terminals to Cost More Than Double Earlier Estimate

The purchase and maintenance of floating LNG terminals to help Germany secure energy supplies and diversify away from Russian gas, will cost more than 3 billion euros ($3.10 billion) more than planned, the economy ministry said on Sunday.

New Fortress Finalizes Deal to Develop Lakach Gas Project in Mexico

New Fortress Energy said on Tuesday it had finalized agreements with Mexican state oil company Pemex for the development of an LNG project associated with the country's Lakach offshore gas field.

US New England Set to Get First LNG Cargo Since Summer

New England could get a load of much needed LNG for the winter heating season in coming days from a vessel full of the super-cooled fuel that is sitting in Boston Harbor.

Qatar Signs 27-Year Deal with China as LNG Competition Heats Up

QatarEnergy has signed a 27-year deal to supply China's Sinopec with LNG, the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals.

Delfin Gets More Time to Build US Gulf of Mexico LNG Export Plant

U.S. energy regulators on Friday extended until September 2023 the amount of time liquefied natural gas developer Delfin LNG has to put the onshore part of its proposed Gulf of Mexico floating export project off Louisiana into service.

Green Groups Sue Louisiana Over Venture Global LNG Permit Exemption

Three environmental groups have sued the Louisiana Department of Natural Resources for exempting Venture Global LNG from needing an environmental permit to build a LNG terminal, the organizations said on Wednesday.

Malaysia's Petronas Interested to Join Abadi LNG Project

Malaysian state oil and gas company Petronas has expressed interest to participate in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.

EIG Targets Australia's Origin to Build Global LNG Company

EIG, teaming with Brookfield Asset Management in a A$15.5 billion ($10.5 billion) bid to split Australia's Origin Energy, is looking to use the deal to help build a global LNG company, its boss said on Wednesday.

New Fortress to Sign Deal for Mexico's Lakach Gas Project Next Week

U.S. company New Fortress Energy expects to sign an agreement next week with the Mexican government for the development of a LNG project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday.

Germany Completes Construction of Wilhelmshaven Floating LNG Terminal

Germany on Tuesday completed construction of its first floating terminal for LNG at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas.

Norway's Aker BP Wants "Price Floor" in European Gas Supply Deals

European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.

Mauritania and BP to Explore Green Hydrogen Projects

BP has signed an agreement with Mauritania to explore ways to develop low-carbon hydrogen on a large scale in the West African country, the British energy company said on Tuesday

UK to Announce US Gas Deal After Climate Change Summit

Britain hopes the United States will promise about 10 billion cubic meters of LNG over the coming year, the Telegraph newspaper reported, adding that discussions about the deal are in their final stages and an announcement could come in a week or two.

Italy's Emilia Romagna Region Backs $1 Billion Floating LNG Project in Adriatic Sea

Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic Sea, it said on Monday, part of the country's broader efforts to replace dwindling Russian gas supplies.

Trinidad Asks US to Allow Venezuelan Gas Imports for LNG Plant

The government of Trinidad and Tobago is asking the United States to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation, four sources close to the talks said.

Sempra Set to Approve Port Arthur LNG Export Plant in Q1 2023

California energy company Sempra Energy said Thursday that its Sempra Infrastructure unit planned to greenlight the first phase of its proposed Port Arthur LNG export plant in Texas during the first quarter of 2023.

Mitsui Says Russia's Sakhalin-2 Gas Project Can Cope Without Shell

The Sakhalin-2 LNG project in Russia has enough technical expertise to operate even without departed shareholder Shell, Mitsui & Co. CEO Kenichi Hori said on Wednesday.

US Regulators Want More Data on Texas Freeport LNG Plant Before Restart

U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its LNG export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for review.

US LNG Exports Dip in October, More Cargoes Head to Asia

U.S. LNG exports in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, according to Refinitiv Eikon tanker monitoring data, after a pipeline leak cut supplies from Malaysia.

ICE to Launch Two LNG Futures Contracts by Dec. 5

Intercontinental Exchange Inc. said it plans to launch two LNG futures contracts for northwest and southwest Europe by Dec. 5, as talks among EU countries to cap gas prices continue.

New Fortress Energy, CFE Finalize Deal for FLNG Hub Offshore Mexico

(P&GJ) — New Fortress Energy Inc. has finalized its agreements with Comisión Federal de Electricidad (CFE) to create a new FLNG hub off the coast of Altamira, Tamaulipas, with CFE supplying requisite feedgas to multiple NFE FLNG units using CFE’s existing and underutilized pipeline capacity.

Factbox: Germany's LNG Import Project Plans

Germany is acquiring LNG terminals as part of its efforts to diversify away from Russian gas. Here is a snapshot of known LNG project activity in Germany.

Japan Asks Malaysia's Petronas to Help Customers after LNG Disruption

Japanese industry minister Yasutoshi Nishimura has asked Petronas CEO Tengku Taufik to continue efforts to mitigate the impact on Japanese customers of its LNG after a disruption at Malaysia LNG.

Higher LNG Exports May Turbocharge US Energy Transition

Sales of U.S. "freedom gas" are on track to smash volume and earnings records in 2022, but the stellar short-term gains for exporters may have long-term consequences for the entire U.S. energy sector due to the resulting higher natural gas prices.

Trinidad Plans LNG Hub to Help Caribbean Wean Off Oil

Trinidad and Tobago's state-owned gas company has started work on designing a small-scale LNG hub that could help the Caribbean move away from oil-based power generation

PHMSA Approves Expansion of Cameron LNG Plant

An expansion of the Cameron LNG liquefied natural gas export plant won approval by a U.S. regulator on Wednesday, advancing development of a fourth gas-chilling unit.

Factbox: Why European Gas Prices Have Been Falling

Despite dwindling Russian gas pipeline supplies, Dutch front-month gas, the European benchmark, has fallen 67% since hitting an all-time high in August to around 100 euros per megawatt hour and is at the lowest level since mid-June.