Processing/LNG
Shell Inks 12-Year LNG Supply Deal with Morocco
The ministry said that the gas will initially be transported from Spanish ports using a gas pipeline that links the two countries until Morocco builds its own LNG terminals.
Gas Executive: Chevron Opted to Buy Versus Build US LNG Processing
Chevron Corp. is comfortable with buying U.S. LNG on long-term contracts rather than constructing its own U.S. domestic export facility, said Freeman Shaheen, the company's head of global gas.
NextDecade Shares Fall 23% as LNG Project Funding Disappoints Investors
NextDecade Corp. shares fell 23% on Thursday on investor worries over the terms of $18.4 billion financing the U.S. LNG developer obtained to go ahead with the long-delayed Phase 1 of Rio Grande LNG export facility.
Importer Group: Investments in LNG 'Ever More Necessary' as Imports Rise
Global LNG imports rose last year as Europe's scramble to replace Russian pipeline gas pushed its shipments up 60%, making additional investments "ever more necessary" to ensure the security of supply, an importer group said on Thursday.
Energy Transfer Signs Deals for Louisiana Lake Charles Export Plant
The agreements come even though the U.S. Department of Energy has so far refused to extend Lake Charles' authorization to sell LNG to non-Free Trade Agreement (FTA) countries beyond December 2025.
NextDecade Makes Final Investment Decision on Rio Grande LNG Phase 1
Liquefied natural gas (LNG) firm NextDecade said on Wednesday it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at its Rio Grande LNG export facility.
Enbridge Says Canada's Woodfibre LNG Close to Finalizing All Off-Take Agreements
Canada's Woodfibre LNG project is close to signing off-take agreements for the remaining 30% of its capacity, and virtually all the LNG produced will be going to Asia, Enbridge CEO Greg Ebel said on Tuesday.
Qatar Expects Record Volume of LNG Offtake Signings This Year
About 40% of new global LNG output will come from Qatar by 2029, said Minister of Energy Saad al-Kaabi at the LNG 2023 conference. The country last year approved expansion projects that will boost its LNG output by 64% to 126 million tons per year by 2027.
Shell, BP Pursue Arbitration Claims Against Venture Global LNG
Top LNG traders Shell and BP have separately filed for arbitration against U.S. exporter Venture Global LNG for failing to supply contracted cargoes, even as it sold to non-contract customers as prices soared, four people familiar with the matter said.
Sempra Expects US to Approve Permit Extension for Cameron LNG Plant
Sempra Infrastructure likely will ask the U.S. Department of Energy for an export license extension for its Cameron LNG facility expansion, President Dan Brouillette said on Monday.
Cheniere Shunning Panama Canal for Longer LNG Routes to Asia
Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport LNG to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.
UK's Centrica Signs 15-Year, $8 Billion LNG Supply Deal with Delfin Midstream
The long-term supply deal for 1 million tonnes of LNG a year from Delfin's planned Deepwater Port off the coast of Louisiana has a market value of $8 billion.
Berkshire Hathaway to Acquire Dominion Energy’s 50% Stake in Cove Point LNG
(P&GJ) — A unit of Warren Buffett's Berkshire Hathaway announced that it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point LNG facility in Maryland's Chesapeake Bay for $3.3 billion in cash.
Uniper Chief Says Flexible Duration LNG Contracts Key for Europe
Shorter-duration contracts for LNG purchases will be important for Europe's diversifying supply given uncertainty about long-term gas demand, the new chief executive of German utility Uniper said on Monday.
Next Wave of North American LNG Export Projects to Face Labor Challenges
A coming wave of North American LNG export projects faces staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers.
Pipeline Construction Stalls Startup of Indian LNG Terminal
The terminal was completed in March, but its commissioning has been delayed as a 40-km (25-mile) pipeline link to an existing network meant for consumer sales is not yet ready.
Thailand's PTT Seeking 15-Year LNG Supply Deal with Qatar
According to sources, the oil and gas conglomerate is negotiating a supply of 1 or 2 million tonnes per annum in what would be the latest in a spate of deals by Asian buyers to lock in long-term supplies.
German Parliament Backs Fast-Track Plans for LNG Terminals
Germany's lower house of parliament on Friday passed a legal reform to speed up the construction of LNG terminals off the Baltic Sea coast, defying resistance from local governments and environmental groups.
Trinidad and Tobago Signs Preliminary Energy Agreement with Suriname
Trinidad and Tobago has been searching for ways to expand its natural gas supplies. The Caribbean nation can process some 4.2 Bcf/d of gas into LNG and petrochemicals, but its current output is less than 2.7 Bcf/d of gas, according to government statistics.
Canada's First LNG Terminal in 'Encouraging' Talks with British Columbia on Electrification
The CEO of LNG Canada, the Shell-led LNG export project in British Columbia, said on Thursday discussions with the province about electrifying a second phase of the terminal have been "encouraging" but building new power transmission infrastructure remains a long way off.
Baker Hughes to Supply 3 Liquefaction Trains for NextDecade's LNG Project
Oilfield services firm Baker Hughes said on Thursday it will supply three liquefaction trains for NextDecade's Rio Grande LNG project in Texas.
Mexico Pacific Signs 20-Year LNG Supply Deal with China's Zhejiang Energy
Mexico Pacific Ltd. has struck a 20-year deal to sell 1 million tons of LNG a year from its Saguaro Energia export plant in Sonora state to China's Zhejiang Energy, it said on Wednesday.
PetroVietnam Gas Talking to Exxon Mobil, Novatek on LNG Supply
PetroVietnam Gas said it was in separate talks with U.S. energy giant Exxon Mobil and Russia's Novatek on LNG cooperation, as it seeks to secure long-term supplies for Vietnam's future LNG-fired power plants.
Research Shows US LNG Sector Poised for Nearly $30 Billion in FIDs
(P&GJ) — Research shows the U.S. LNG sector is poised for nearly $30 billion in FIDs, boosting global energy security. Cheniere Energy leads with expansions, while upcoming investments worth $27.5 billion are projected until 2024.
NextDecade Receives Bank Commitments for Rio Grande LNG
(P&GJ) — NextDecade Corp. has announced that Rio Grande LNG has received binding commitments from a syndicate of lenders in an amount sufficient, together with expected project equity funding, to support a positive FID on Phase 1 of the Rio Grande LNG plant in Brownsville, Texas.
Venture Global LNG Seeks Approval to Speed Up Plant Construction
Venture Global LNG has asked U.S. regulators for an expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.
US Dept of Energy Grants Export License to Gulfstream LNG
Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed LNG export plant in Louisiana, the company said on Friday.
Cheniere Energy Returns Sabine Pass LNG Export Plant to Full Production
Cheniere Energy Inc.'s Sabine Pass LNG export facility returned to full production this week after undergoing maintenance, data from Refinitiv showed.
Greek Gas Grid Says 27 Companies Interested in Booking Future Capacity
Greece has become a key transit route for gas in Europe thanks to a liquefied gas facility off Athens, which saw increased traffic from around the world after the war in Ukraine cut flows of Russian gas to the continent.
Beijing Holds All Cards in Russia’s Eastern Energy Pivot
(P&GJ) — Russia is looking to build on its energy ties with China, a key buyer of its gas. But Beijing’s position of power in the relationship may mean the sanctioned producer is in no rush to complete new projects, especially the much-discussed Power of Siberia 2 pipeline.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Russian LNG Unfazed By U.S. Sanctions
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
