Processing/LNG

As Suez Canal Reopens, Number of LNG Vessels Waiting to Enter Jumps

A total of 16 vessels carrying liquefied natural gas (LNG) were prepared to enter the Suez Canal, double the number from Friday, according to cargo tracking firm Kpler, as stranded container ship Ever Given was freed on Monday after a nearly week-long stranding.

NextDecade, Oxy Low Carbon Ventures Agree on CO2 Transportation and Storage in South Texas

NextDecade Corporation and Oxy Low Carbon Ventures executed a term sheet for the offtake and permanent geologic storage of CO2 captured from NextDecade’s planned Rio Grande LNG project in the Port of Brownsville, Texas, the companies announced.

Suez Ship Congestion Could Delay LNG Deliveries to Europe

A container ship blocking the Suez Canal, one the world's busiest trade routes, could delay delivery of millions of tons of LNG to Europe if the vessel stays stuck there for two weeks, analysts said.

Perspective: U.S. Gas Industry Increasingly Relies on LNG Exports

U.S. gas producers have become increasingly reliant on LNG exports to Europe and Asia to absorb their growing output and prevent domestic prices from plunging as a result of oversupply.

Annova Cancels Texas LNG Export Facility Project

Annova LNG announced the immediate cancellation of its liquified natural gas (LNG) export facility under development in Brownsville, Texas, due to changes in the global LNG market.

Suez Canal Steps Up Efforts to Remove Blockage as Shipping Rates Surge, Tankers Diverted

The Suez Canal stepped up efforts on Friday to free a giant stuck container ship and end a blockage that has sent shipping rates for fuel tankers soaring and disrupted global supply chains for everything from grains to baby clothes.

Singapore Appoints Two More Term LNG Importers

Singapore's Energy Market Authority has appointed ExxonMobil LNG Asia Pacific and Sembcorp Fuels (Singapore) as term liquefied natural gas importers for the city state, increasing the number of players to four.

Tugs Work to Free Giant Container Ship Stranded in Suez Canal

The shortest shipping route from Europe to Asia remained blocked on Wednesday as 10 tug boats struggled to free one of the world's largest container ships after it ran aground in the Suez Canal.

Perspective: China’s Gas Conundrum – Cleaner Air but Growing Security Risk

China has made significant progress building a gas distribution network to supply residents in major urban centers, helping provide cleaner and more convenient energy for heating and cooking while reducing air pollution.

Excelerate Energy, ExxonMobil, Albania Agree to LNG Terminal Study

Excelerate Energy, ExxonMobil LNG Market Development and the Republic of Albania (The Ministry of Infrastructure and Energy) signed a Memorandum of Understanding to conduct a feasibility study for the potential development of a liquefied natural gas (LNG) Project in the Port of Vlora in Southern Albania.

Subsea Pipeline Could Double Israeli Gas Exports to Egypt

A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said.

US LNG Exports: Uneven Pathway from Oilfields to Terminals

Analysts believe a second wave of global LNG demand is coming in the mid-part of this decade, despite 2020's severe downturn in global energy markets.

Argentina's Vaca Muerta Growth Depends on LNG to Asia

Argentina needs to plan and build more liquefied natural gas (LNG) capacity to accelerate the development of its largest shale play, Vaca Muerta, the CEO of Pan American Energy said.

Lithuania to Poland LNG Pipeline to Come Online Next Year

Lithuanian state-controlled energy company Ignitis Group will start supplying liquefied natural gas (LNG) to Poland next year when a new pipeline between the two countries comes online, its CEO said on Monday.

Asian LNG Prices Fall on Lower Heating Demand

Asian liquefied natural gas (LNG) prices fell this week, with less demand for heating in the region and expectations that exports out of the United States will normalize after the Texas storm.

Russia’s Gazprom Says LNG, Natural Gas Shouldn't Compete in Export Markets

Russia should ensure its natural gas and LNG supplies do not compete in international markets, Gazprom said, amid signs a local LNG rival is becoming increasingly important in the European market traditionally dominated by Gazprom.

Traders Supply Mexico With Emergency LNG After Power Crisis

Mexico's state-run power company resorted to LNG imports as natural gas supplies from the southern United States, especially neighboring Texas, were hit by frozen pipelines and rocketing prices caused by a cold snap.

Spain’s Reganosa to Operate Sardinia’s First LNG Terminal

Spain’s Reganosa won a contract to operate and maintain the first liquefied natural gas (LNG) terminal on the Italian island of Sardinia, the company announced.

Energy Transfer Upping NGL Investments as Oil Pipeline in Doubt

Energy Transfer LP executives said the company is deepening its investments in natural gas liquids (NGLs) as crude oil pipeline shipments decline and as the company faces the possible closure of its Dakota Access line.

President Asks Mexicans to Ration Power as Texas Limits Fuel

Mexico's president asked consumers on Thursday to use less electricity in the evenings as a measure to help overcome shortages of natural gas from Texas, which is seeking to ban exports of the fuel during freezing weather.

Texas Oil Producers Still Shut; Governor Bans Natural Gas Exports

The Texas governor ordered a ban on natural gas exports from the state to try to speed the restoration of power, which could heavily impact Mexico.

U.S. LNG Exports Forecast to Exceed Pipeline Exports in 2022

EIA forecasts that U.S. liquefied natural gas (LNG) exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022.

Watchdog says Australia Needs LNG Import Terminal to Avoid Gas Shortfall

Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday.

South Africa’s Gas-to-Power Plan to Boost Pipeline Market

South Africa is eyeing the generation of at least 3,000 MW from various gas-to-power technologies by 2027. This trend is likely to increase investments in natural gas exploration, indigenous production and liquefied natural gas (LNG) imports.

U.S. LNG Exports Exceed Natural Gas Pipeline Exports

U.S. LNG exports exceeded the country's natural gas exports by pipeline in November 2020 for the second time since 1998.

Polish Gas Firm PGNiG's LNG Imports Rise 10%

Liquefied natural gas imports by Poland's dominant gas firm PGNiG rose by 10% in 2020 to 3.76 billion cubic meters, as the company continues to look to reduce its reliance on Russian gas, it said on Thursday.

Russia Lawmaker Suggests Taxing Yamal LNG Over Challenging Gazprom

Russia's flagship liquefied natural gas project, privately-owned Yamal LNG, is challenging state gas giant Gazprom in its core European market, and should either be taxed or have a limit put on its sales there, a lawmaker said.

Edge LNG Announces New Texas Facility

Edge Gathering Virtual Pipelines 2, a pioneer in delivering low-cost, high quality LNG to market by converting stranded and flared natural gas, unveiled its new facility in Midland, Texas, due to growing demand for its services.

Bulgaria Takes 20% Stake in Greek LNG Terminal

Bulgaria's state gas company Bulgartransgaz has finalised a deal to take 20% of Greek company Gastrade, which is developing a floating LNG facility off the city of Alexandroupolis.

New Pipelines Needed to Bring Appalachia Shales Natural Gas to Gulf Coast LNG Facilities, Study Shows

While other plays near the Gulf Coast are better located to provide natural gas to meet LNG feedstock demand, the Marcellus and Utica can play a relevant role in supplying natural gas to the new LNG facilities located on the Gulf Coast, but additional pipeline capacity will be needed.