Processing/LNG
Tellurian Woos Indian Investors for Its Driftwood LNG Project
Houston, Texas-based Tellurian resumed talks with Indian oil and gas companies for investments in Driftwood LNG late last year. Delays have hit construction of the Driftwood facility, but CEO Octavio Simoes said it is on track for its first gas output in 2026.
India's Petronet Seeks More LNG Under Long-Term Qatar Deal
Petronet LNG, India's top gas importer, will seek up to 1 MTPA in additional LNG supplies when it renews its long-term deal with Qatar, the company's CEO said on Tuesday. Petronet, which is currently purchasing LNG from Qatar at $16 per million British thermal unit, has until the end of this year to renew its deal.
Australia's Beach Energy Reaches Deal with Webuild on Waitsia Gas Project
Australia's Beach Energy Ltd. on Monday said it reached a deal with Italy's Webuild SpA to complete delivery of the $528.92 million Waitsia Stage 2 gas project, subject to approval from the project's contractor Clough Ltd., which was placed into administration in December.
Woodside, Partners to Pick Plan for Timor Sea Sunrise Gas Project Soon
Woodside Energy Group and its partners on Monday formally committed to working rapidly to pick the best option for developing the Greater Sunrise natural gas field, factoring in for the first time the potential benefits for East Timor.
Italian Union Files Legal Complaint Against Snam's LNG Terminal Over Environmental Concerns
The Italian trade union USB filed a legal complaint against a plan by gas grid operator Snam to set up a new LNG terminal in the Tuscan port of Piombino, it said in a press release on Friday.
TotalEnergies' Head Met Mozambique President with Key Gas Project at Stake
The head of TotalEnergies met Mozambique President Filipe Nyusi on Friday to discuss the humanitarian situation in the Cabo Delgado area, where a 2021 attack on civilians led to a key LNG project being halted.
Russia's Novatek, India's GAIL Poised to Seal Gas Sales Deal
Russia's largest LNG producer, Novatek, is close to a deal to supply gas to GAIL (India) Ltd. as it seeks alternative markets to Europe, three industry sources said. The companies are negotiating the terms of a contract and could seal an agreement within a week, the sources said, adding volumes would depend on logistics, such as shipping and insurance.
Shell Still Taking LNG Cargoes from Russia Under Novatek Contract
The world's largest LNG trader agreed a more than 20-year deal in 2015 for Novatek to supply around 900,000 tonnes per annum from the Yamal LNG plant in Siberia.
Russian Gas Supply Hit Pushes India's GAIL to Scout for Long-Term LNG
GAIL (India) Ltd. is scouting for long-term gas import deals and hopes to sign one contract shortly to make up for disrupted supplies from a former unit of Russian energy giant Gazprom, its head of finance said on Monday.
Shell CEO's First Changes Combine Upstream and LNG Operations
Shell will combine its oil and gas production and LNG divisions as part of broader changes under new CEO Wael Sawan, which the company said could result in some job cuts.
LNG Industry Body Sees First Carbon Neutral Cargo Delivery to Taiwan
The first carbon neutral LNG cargo using the emissions monitoring and verification framework set up in 2021 by an international industry body has been delivered to Taiwan.
Philippines Greenlights Seventh LNG Project, Gears Up for Gas Imports
The Philippines' Department of Energy said on Friday it has approved a $67-million LNG import terminal project, the country's seventh such facility, as it gears up for the launch of its liquefied natural gas industry this year.
Russia's Sakhalin 2 May Double LNG Revenue as Top Buyers Stay Despite Ukraine Crisis
Russia's Sakhalin 2 LNG project could generate twice the revenue this year that it did before the Ukraine conflict thanks to long-term deals with Asian buyers and higher prices, according to analysts and Reuters calculations.
Sempra Energy Strikes 20-Year LNG Supply Deal with Poland's PKN ORLEN
Sempra Energy said on Wednesday it would supply 1 MTPA of LNG from its Port Arthur LNG Phase 1 project to Poland's PKN ORLEN SA for 20 years.
Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake
Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi LNG project with the country's upstream oil and gas regulator, officials said on Tuesday.
NextDecade Signs 15-Year LNG Supply Deal with Japan's Itochu Corp.
NextDecade Corp. said on Thursday it will supply 1 million metric tonnes of LNG per annum to Japan's Itochu Corp. for 15 years from its Rio Grande LNG export project in Brownsville, Texas.
Gas Starts Flowing to Freeport LNG Export Plant in Texas
Freeport LNG's long-shut LNG export plant on the Texas Gulf Coast started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.
Pipeline Operator Kinder Morgan Beats Profit Estimates; CEO to Step Down
U.S. pipeline operator Kinder Morgan on Wednesday announced fourth-quarter earnings of $1.4 billion, topping analysts' estimates, and said long-time CEO Steve Kean will step down after eight years in the role.
Former Gazprom Unit Sefe Has Secured Regasification Capacity at Dunkirk
German gas importer Sefe has secured 3.5 Bcm of regasification capacity in Dunkirk and is closing in on new LNG import deals, its boss said, mapping out the former Gazprom division's future strategy.
Osaka Gas Signs LNG Contract with New Operator of Russia's Sakhalin 2
Japanese natural gas distributor Osaka Gas Co. said on Tuesday it had signed a contract to continue purchasing 200,000 tonnes of LNG from a new operating company running Russia's Sakhalin 2 project.
Snam Seen Boosting Italy's Gas Security with Spending on LNG, Grid
Europe's biggest gas grid operator Snam is expected to increase investments to boost its transport, storage and LNG businesses in the next four years, in a move to reinforce Italy's energy security.
UK Court Rules $1.15 Billion Funding for Mozambique LNG Project is Lawful
The British government's funding of up to $1.15 billion for an LNG project in Mozambique is lawful, a London court ruled on Friday, dismissing an appeal by Friends of the Earth.
Inpex Plans to Accelerate Expansion of LNG Production and Sales
Inpex Corp., Japan's biggest oil and natural gas explorer, aims to accelerate its expansion of production and sales of LNG on the premise that LNG market will remain tight in the mid-term, its CEO said on Thursday.
German Green Group Files Complaint Seeking Shorter LNG Terminal License
A German environmental group has lodged a complaint calling for the operating license of a new floating LNG terminal at Wilhelmshaven to be shortened by a decade, citing its discharging of chlorine and risks to Germany's climate targets.
US Natural Gas Price Volatility Hit Record Highs in 2022
U.S. natural gas futures price volatility, both implied and historic, hit record highs in 2022 as global prices spiked due to supply disruptions and sanctions linked to Russia's war in Ukraine, feeding demand for U.S. exports.
EU Energy Regulator to Launch LNG Price Assessment on Friday
European Union energy regulators will start publishing a daily LNG price assessment on Friday, the first step in the EU's plan to form a new European benchmark price for the super-chilled fuel.
Shell LNG Trading to Lift Quarterly Profits Despite Output Drop
Earnings from Shell's LNG trading operations are likely to have been significantly higher in the fourth quarter of last year despite an output drop caused by plant outages, it said on Friday.
Global Pipeline Construction Outlook 2023
(P&GJ) — Seldom has a new year arrived with the degree of supply and demand uncertainty facing global energy markets at the start of 2023. Pipeline & Gas Journal's annual survey of global construction activity reflects a renewed emphasis on energy security after Russia's invasion of Ukraine.
US Poised to Regain Crown as World's Top LNG Exporter
The United States is on track to become the world's biggest exporter of LNG this year — ahead of current market leader Australia — once a fire-idled Texas plant is restarted, according to Reuters data.
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters
Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for LNG vessels, industry sources said on Friday.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
