Processing/LNG

U.S. Gas Futures Jump to 9-Week High as Output Slides

Futures prices for U.S. natural gas jumped to their highest level in nine weeks as oil producers shut in wells amid collapsing demand.

New Analysis Showing Need for Rapid Pivot to Gas

International energy consultancy Xodus Group released a new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.

Shell Greenlights $6.4 Billion Australia Natural Gas Project

Shell announced it has made a final investment decision (FID) to proceed with a $6.4 billion natural gas project in Queensland, Australia.

U.S. Natural Gas Prices Jump 5% as Output Falls

Prices for natural gas rose 5% in the U.S. on Thursday as production falls in line with cuts to crude oil output.

PGNiG Loads First LNG Tankers in Lithuania

Polish gas giant PGNiG has sold and loaded the first two cargos of LNG from its reloading terminal in Lithuania.

LNG Ltd Looks for New Partners After Takeover Bid Withdrawn

Liquefied Natural Gas Ltd said on Tuesday it is negotiating with other parties and has enough money to keep operating until May after Singapore-based LNG9 withdrew its takeover bid because the financing fell through:

U.S. LNG Cargoes Heading to China After Beijing Awards Tax Waivers

For the first time in over a year, cargoes of U.S. LNG are heading to China after the government began awarding tax waivers to some importers.

Qatar Petroleum Maintains Scope of LNG Expansion, Postpones Production — CEO

The CEO of Qatar Petroleum said that while the company intends to delay the start of production of its LNG facility, there are no plans to reduce the scope of the expansion project.

Cheniere Applies to Begin Service on Midship Pipeline

Cheniere has applied to the U.S. FERC to begin service on its Midship natural gas pipeline.

AGA Chair Diane Leopold Brings Positive Outlook to Challenging Period for Industry

Diane Leopold became chair of the American Gas Association just in time for an unprecedented economic shutdown in response to the coronavirus pandemic. The executive vice president and co-chief operating officer of Dominion Energy, talked to P&GJ about the challenges and opportunities facing the natural gas industry.

U.S. LNG Storage to Hit Record as Pandemic Cuts Demand, Exports

Stockpiles of natural gas in the U.S. are expected to reach record levels this year as producers continue to flood the market with supply as demand plunges in the wake of the coronavirus pandemic.

LNG Suppliers Flood Market with Excess Spot Cargoes as Demand Shrinks

Major LNG suppliers around the world are flooding the market with spot cargoes driving prices down even further as demand dries up due to the coronavirus pandemic.

Indian LNG Importers Issue Force Majeure — Sources

Several Indian LNG importers have issued force majeure notices after the country has shut down to help prevent the spread of the coronavirus.

PetroChina to Seek Price Talks with Gas Suppliers as Coronavirus Hits Demand

PetroChina is looking to renegotiate gas prices with several global suppliers, as well as a transfer of pipeline assets, amid plunging gas demand due to the coronavirus pandemic.

China to Resume U.S. LPG Imports as Beijing Waives Trade-War Tariff — Sources

China has once again begun buying U.S. LPG as the government waived tariffs as part of the U.S.-China trade deal.

Sempra Energy to Continue with Costa Azul LNG Project

Sempra Energy is planning to continue with its plans to build the first phase of its Costa Azul LNG Export Project in Mexico even as the coronavirus pandemic suppresses worldwide energy demands.

UAE's SNOC Gas Project Startup Delayed

UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.

Pipeline Shares Sink on Oil Decline, Coronavirus Impact

It’s a common refrain among investors that “a rising tide lifts all boats,” meaning the share prices of similar companies tend to act in unison. Unfortunately, that’s equally true of falling tides, as demonstrated by the performance of North American midstream equities in recent weeks.

Shell, INOX India Sign MoU for LNG Distribution

Shell has signed a Memorandum of Understanding with India's INOX to deliver LNG to customers not connected to distribution pipelines.

FERC Approves Pembina Jordan Cove LNG Export Project

U.S. regulators have approved the Jordan Cove LNG export project.

ONEOK Suspends Expansion Projects Amid Oil Price Collapse

ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.

State Awaits Final EIS after Answering Final Questions from FERC

With an additional 2,000 pages of charts, data, maps and explanations, the state-led Alaska liquid natural gas (LNG) team finished out 2019 by answering the last batch of questions from federal regulators for the project’s final environmental impact statement (EIS).

Alaska LNG Passes Major Permitting Milestone, Hurdles Remain

A U.S. energy regulatory report for Alaska Gasline Development Corp's proposed Alaska liquefied natural gas project found it would provide economic benefits to the state but could cause some significant adverse environmental impacts.

Cameron LNG Train 2 Begins Commercial Operation

McDermott International, Inc. has announced the beginning of commercial operation of Train 2 at Cameron LNG, which is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd. and Japan LNG Investment, LLC., following its substantial completion.

Meritage Midstream Commissions New Natural Gas Plant in Powder River Basin

Meritage Midstream announced that its subsidiary, Thunder Creek Gas Services, LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.

PetroChina Suspends Gas Contracts as Coronavirus Hits Demand — Sources

PetroChina has suspended some natural gas imports, including LNG and pipeline gas, as a seasonal plunge in demand adds to the impact on consumption from the coronavirus outbreak.

Tellurian Looking to Cut Costs Amid Weak LNG Demand

Liquefied natural gas (LNG) producer Tellurian Inc said on Monday that it planned to cut spending and was seeking to extend the maturity date of a loan, as it looks to cope with weak demand and low prices for the fuel.

ExxonMobil, Indian Oil, Chart Industries to Develop Virtual Gas Pipelines for India

Chart Industries, Inc. has signed a Letter of Cooperation with ExxonMobil India LNG, and Indian Oil Corporation to develop virtual LNG pipelines in India.

Venture Global LNG Enters 20-year Supply Deal with Électricité de France

Venture Global LNG Inc said on Tuesday it has entered a 20 year agreement with Électricité de France S.A. (EDF) to supply one million tonnes per annum (MTPA) of liquefied natural gas from its Plaquemines LNG facility in Louisiana.

Cheniere Says Too Early to Gauge Impact of Coronavirus on LNG Market

Cheniere Energy Inc, the biggest U.S. liquefied natural gas company, said on Tuesday it does not expect “significant or prolonged curtailment of U.S. LNG production” as low global gas prices cause some customers to cancel cargoes.