Processing/LNG

Exxon Mobil Suspends Russian Far East LNG Project

Exxon Mobil has suspended its LNG project in Russia's Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions.

Sempra Energy Enters Agreement for Cameron LNG Phase 2

Sempra Energy said its LNG unit has entered into an agreement with affiliates of TotalEnergies, Mitsui & Co., and Japan LNG Investment LLC to increase the capacity of its Cameron LNG Phase 2 export project in Hackberry, Louisiana.

Europe's Appetite for US Gas Fast-Tracks Two New LNG Projects

Two U.S. LNG projects took major steps toward launching this week as Russia's threats to cut energy supplies to Europe drives up demand and prices for the super-chilled fuel.

New Fortress Seeks to Build Offshore Louisiana LNG Plant by Q1 2023

The LNG export project will be located in federal waters offshore Louisiana and will be able to export about 2.8 MTPA of LNG, or almost 0.4 Bcf/d of gas using its "Fast LNG" technology.

TotalEnergies, Sempra to Co-Develop LNG and Renewable Projects

TotalEnergies and Sempra are expanding their North American strategic alliance with the signing of two deals for the Vista Pacífico LNG export project in Mexico and the the co-development of several renewables projects.

Greece Will Review Plans on Additional LNG Cargoes If Russian Gas Flows Stop

The Greek gas grid operator will review its plans on additional cargoes of LNG that Greece might need if Russia stops gas supplies to the country, the energy ministry said.

Energy Transfer, ENN Sign 20-Year Deal for Lake Charles LNG

Lake Charles LNG will be constructed on the existing brownfield regasification facility and will capitalize on four existing LNG storage tanks, two deep water berths and other LNG infrastructure.

US, German Officials to Meet This Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.

Tellurian’s Driftwood LNG Facility Begins Construction

Driftwood LNG is an approximately 27.6 million tonnes per annum (mtpa) liquefaction export facility near Lake Charles, Louisiana. Phase one will include two LNG plants with an export capacity of up to 11 mtpa.

NextDecade, China’s Guangdong Ink Deal for Rio Grande LNG

Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG indexed to Henry Hub and the LNG supply will initially be from train one of Rio Grande LNG, which is expected to start commercial operations in 2026.

France Wants to Build Floating LNG Terminal at Le Havre

The French government is in talks with energy company TotalEnergies to build a floating LNG terminal in the northern port of Le Havre.

Industry Groups Welcome Biden Administration's Agreement with EU to Expand US LNG Exports

API President and CEO Mike Sommers and Energy Workforce & Technology Council CEO Leslie Beyer said their associations welcome President Biden's LNG export agreement with EU.

US, EU Strike LNG Deal as Europe Seeks to Cut Russian Gas

The United States will work to supply 15 billion cubic meters (Bcm) of LNG to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies.

Chesapeake Energy Eyes Greater Role in LNG Market, CEO Says

U.S. natural gas producer Chesapeake Energy is seeking to become more involved in the growing liquefied natural gas (LNG) market, CEO Nick Dell'Osso said.

Shell Signs Deal to Receive LNG at Future German Brunsbuettel Terminal

Shell has committed to booking a substantial part of a yet-to-be built landing terminal for LNG at the North Sea port of Brunsbuettel, as companies strive to lower their dependency on Russian pipeline gas.

Italy Eying Two Floating LNG Plants to Cut Russia Gas Reliance

The units are expected to have a combined capacity of more than 10 Bcm and will be located close to existing pipeline infrastructure in the Tyrrhenian Sea and, possibly, in the Adriatic Sea.

Gasunie Talking with Germany Over Floating Terminals at New LNG Facility

Gasunie is in talks with Germany to use floating storage and regasification units in Brunsbuettel to help accelerate LNG imports as part of a plan to phase out dependence on Russian gas.

Australia's First LNG Import Terminal Seen Ready by Late-2023

Squadron Energy, the private company building Australia's first LNG import terminal, expects its Port Kembla facility in New South Wales to be ready to take its first gas shipment by the end of 2023.

NFE Announces LNG Agreements with Venture Global LNG

New Fortress Energy Inc. has entered two 20-year sale and purchase agreements with Venture Global LNG. Under the deals, Venture Global will supply 2 MTPA of LNG on a free on board (FOB) basis from its LNG facilities in Louisiana.

Infrastructure Rollout Will Enable Africa to Expand LNG Exports, Meet Global Demand

An increase in investment towards infrastructure development and gas E&P activities will enable Africa to position itself as a leading LNG exporter.

US Gulf of Mexico Brimming with LNG Tankers as Exports Rise

LNG export terminals are running near full capacity with U.S. exports in high demand amid Russia's invasion of Ukraine and Europe's drive to rebuild shrunken natural gas stocks.

Biden Administration Approves More LNG Exports to Europe

The Biden administration authorized additional exports of LNG from Cheniere Energy in a move that can likely help Europe deal with an energy crunch worsened by Russia's invasion of Ukraine.

US Natural Gas Inventories Near 5-Year Average

After starting the winter heating season (November–March) below its previous five-year average, the Lower 48 working natural gas in storage surpassed its five-year average in mid-December during one of the warmest Decembers on record.

Williams’ Expanded Transco System Delivers Record Volumes

Williams delivered a record amount of natural gas on its Transco interstate pipeline, providing essential and reliable service to natural gas distribution companies, electric power generators, LNG exporters and other customers located along the Eastern Seaboard and Gulf Coast.

New Midstream Heavy Crude Oil Processing Technique for Transportation

Transporting heavy crude oils through pipeline or by other transportation means is challenging, often requiring the petroleum industry to distribute via truck or rail and adding significant expense and hazards to transportation.

Whitney Fairbanks Named President of Cameron LNG

Fairbanks spent over a decade at Hunt Oil Company, where he managed Hunt LNG Operating Company, the operator of Peru LNG, consisting of a 4.4 MTPA LNG liquefaction plant and a 400-km natural gas pipeline.

Denmark Resumes Construction of Norway-Poland Gas Link

Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a nine-month hiatus

Shell Faces $400 Million Writedown on Russian Downstream Assets

In February, the oil major quit its ventures in Russia with Gazprom and related entities including the flagship Sakhalin 2 LNG plant and the Nord Stream 2 pipeline project.

US Push to Export LNG Amid Ukraine Crisis Slowed by Climate Concerns

White House efforts to boost U.S. LNG exports and cut Europe's reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the impact on climate change.

Cheniere and Engie Increase Volume, Extend Term of LNG Agreement

Under the agreement, Engie has agreed to purchase approximately 0.9 MTPA of LNG from Cheniere on a free-on-board basis for a term of approximately 20 years, which began in September 2021.