Processing/LNG

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.

Biden Plan to Aid Europe with LNG Poses Risk to US Climate Goals

U.S. President Joe Biden’s plan to expand LNG shipments to Europe to cut the region’s dependence on Russian fuel risks undermining his administration's climate goals.

Excelerate Energy Raises $384 Million in First Major IPO Since Russia-Ukraine War

Excelerate Energy Inc. jumped 17.5% in its market debut on Wednesday, riding on investor demand for companies with exposure to LNG amid the Russia-Ukraine conflict and ending a lull in U.S. capital markets since the invasion.

Eni Signs Egyptian Gas Deal to Unlock LNG Supplies for Europe This Year

The move comes as Italy and Europe step up efforts to find alternative gas imports to cut their reliance on Russian gas as the war in Ukraine escalates.

Dow to Buy Minority Stake in German Energy Hub Constructing LNG Terminal

The investment in Hanseatic Energy Hub GmbH comes after the Biden administration pledged the supply of 15 Bcm of LNG to the European Union this year following Russia's invasion of Ukraine.

TotalEnergies to Hike LNG Production in US with Cameron Expansion

French energy major TotalEnergies SE said it would step up its LNG activities in the U.S. by expanding production at the Cameron site in Louisiana.

OGE Plans Pipeline Link for Wilhelmshaven LNG Terminal

Germany's biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30 km (18 miles) LNG link from a planned terminal at the North Sea port of Wilhelmshaven by the end of the year.

Bolivia Gas Deal to Save $769 Million, Replace LNG Imports

Argentina's new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive LNG.

Spain to Open Idle Liquid Gas Facility as European Storage Base

Spain plans to open a never-before-used LNG plant on its northern coast and dedicate it to receiving and re-exporting fuel to other European countries struggling to break their dependence on gas piped from Russia.

Argentina Seeks Bolivia Gas Boost as LNG Costs Soar — Sources

The South American country is looking for alternative gas supplies after being hit hard by rising LNG costs linked to the war in Ukraine, which threaten to leave it mired a deep energy trade deficit this year.

NextDecade Enters 20-Year LNG Sales Deal with ENN

NextDecade and China's ENN LNG have signed a 20-year sale and purchase agreement for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

Nigeria Urges Partners to Relax Rules for Gas Suppliers to Boost LNG Exports

Nigeria is urging its multinational oil partners to allow third-party suppliers to sell gas to produce LNG at market rates to boost exports in a bid to tap demand in Europe.

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.