Processing/LNG
Tellurian Gains More Time to Fulfill LNG Supply Deal with Gunvor
The company now has until Jan. 31, 2023, a one-month extension, to meet certain terms of the deal, according to a filing on Friday. The amendments include changes to the index pricing of the fuel to be sold.
Indonesia, BP Sign 20-Year Contract Extension for LNG Operations in Papua
BP is trying to increase Tangguh's production capacity from the current 7.6 MTPA to around 11.4 MTPA by adding a new, Train-3 plant which is expected to come onstream in March 2023, SKK Migas said earlier this year.
Inpex Signs 20-Year LNG Deal with Venture Global
Inpex Corp., Japan's biggest oil and gas explorer, said on Tuesday that it has signed a long-term LNG sales and purchase agreement with U.S.-based Venture Global LNG.
Japanese Firms Sign Multiyear Agreements to Buy LNG from Oman, US
Japanese companies inked several deals on Tuesday to receive LNG supplies, with a preliminary agreement lasting up to 10 years with Oman LNG and a 20-year deal with U.S.-based Venture Global.
Sempra Inks 15-Year LNG Supply Deal with Germany’s RWE
(P&GJ) — Sempra Infrastructure has entered a 15-year deal with RWE Supply & Trading for the supply of approximately 2.25 MTPA of LNG from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.
NextDecade Increases LNG Supply Volume in Deal with China's ENN
U.S. LNG developer NextDecade Corp. announced it will increase the volume of LNG supplies in a sales and purchase agreement signed with China's ENN Natural Gas Co. Ltd.
Italy Court Ruling Allows Work on Tuscan LNG Terminal to Proceed
An Italian administrative court has ruled against a request for a precautionary halt on works for a new LNG terminal in the Tuscan port city of Piombino, saying it did not pose an immediate threat to public safety.
US, Canada Natural Gas Output Could Feel Growing Pains In 2023
U.S. and Canadian natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand, pipeline bottlenecks and a lack of new LNG export plants.
Sempra Receives US Approval to Re-export LNG from Mexico
The U.S. Energy Department on Tuesday approved permits for Sempra Energy to send U.S. natural gas to Mexico for re-export from LNG terminals, filings on its website showed. This will allow Sempra to ship natural gas via pipeline to Mexico where it will be converted to LNG and sent to global markets.
Exporting LNG: Support Infrastructure Grows with Transition
(P&GJ) — Shattering the usual August silence in Washington, D.C., when Congress was in its summer recess, lawmakers this year found a way to pass their self-described Inflation Reduction Act, which includes parts that will bolster the prospect for added U.S. LNG exports.
Equinor to Invest $1.3 Billion to Upgrade Norway’s Hammerfest LNG Plant
Equinor and its partners in the Arctic Snoehvit gas field will invest $1.34 billion to upgrade the Hammerfest LNG plant, which processes the output, the government and companies said on Tuesday.
NextDecade Signs 20-Year LNG Supply Deal with Portugal's Galp
NextDecade Corp. said on Tuesday it will supply 1 million metric tonnes per annum (MTPA) of LNG to Portugal's Galp Trading SA for 20 years from its Rio Grande LNG export project in Brownsville, Texas.
Gas Starts to Flow to Freeport LNG Export Plant in Texas
Freeport LNG's long-shut liquefied natural gas export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company's projected end of the year return date.
Norway's Hoegh LNG in Talks to Supply More Regasification Vessels to Europe
Norway's Hoegh LNG is in talks to supply more of its floating storage and regasification units to several European countries seeking alternatives to Russian gas, its CEO said.
Hungary to Start Talks with Qatar About Buying LNG
Hungary and Qatar have agreed that their state-owned energy companies will start talks about Hungary buying LNG from the Gulf Arab state, Foreign Minister Peter Szijjarto said in a Facebook video on Wednesday.
VTTI Plans to Build New Floating LNG Platform in Netherlands by 2024
Dutch energy company VTTI said on Monday it plans to build a new floating LNG terminal in the Netherlands with capacity to import 5 billion cubic meters of gas annually.
Commodities Trader Trafigura Doubles Profit to Hit New Record in 2022
Global commodities trader Trafigura Group posted a record profit for its full year 2022, more than double last year's record, as it cashed in on unprecedented market volatility following Russia's invasion of Ukraine.
Australia In Talks to Help Papua New Guinea Buy $1.1 Billion PNG LNG Stake
Papua New Guinea's state-owned Kumul Petroleum is in talks with Australia's export credit agency to help fund a $1.1-billion acquisition of a 5% stake in the PNG LNG project from Santos Ltd., the PNG company's head said on Tuesday.
Sempra Energy Strikes 15-Year LNG Supply Deal with France's ENGIE
Sempra Energy said on Tuesday it would supply about 0.875 MTPA of LNG to French power company ENGIE for 15 years from its proposed Port Arthur LNG project in Texas.
Outrigger Energy Sells Nearly 200 Miles of Natural Gas, Crude Pipeline to Summit Midstream
(P&GJ) — Outrigger Energy II LLC has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners LP, which includes approximately 160 miles of low and high pressure natural gas gathering pipeline and 30 miles of crude oil gathering pipelines with delivery to the Pony Express Pipeline.
Ineos Signs 20-Year LNG Supply Deal with Sempra
(P&GJ) — INEOS has signed a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 MTPA of LNG from Phase 1 of the Port Arthur LNG facility under development in Texas North America.
JERA Expects Fire-Hit Freeport LNG Texas Shipments to Fully Resume by March
Japan's biggest buyer of LNG, JERA, expects Freeport LNG's production at its fire-hit Texas plant to partially resume in mid-December and its shipments to be fully back by March, President Satoshi Onoda said on Tuesday.
Excelerate Energy's LNG Plant in Argentina Could Be Completed by 2025
Excelerate Energy, a U.S. company that provides storage and regasification services for LNG globally, could complete its planned gas liquefaction plant in Argentina by 2025, according to an executive.
ConocoPhillips, QatarEnergy to Supply Germany with LNG Starting in 2026
Germany is set to receive new flows of Qatari LNG from 2026 after QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period.
India to Receive First LNG Cargo from Indonesia's Tangguh LNG
India will receive its first cargo from Indonesia's Tangguh LNG plant at the Dahej terminal on Monday, according to a Refinitiv analyst and Refinitiv ship tracking data.
China's Shenzhen Energy Signs Long-Term LNG Contract with BP
China's Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy LNG, aiming to lock in supplies with gas-fired power generation poised to surge in the world's second-largest economy.
Israel's NewMed Energy Leaning Towards Floating LNG Expansion
Israel's NewMed Energy said on Thursday it was leaning towards building a floating liquefied national gas terminal to further develop its Leviathan gas field off Israel's Mediterranean coast.
Italian City of Piombino Challenges LNG Terminal Project
The Italian city of Piombino has launched a legal challenge against a government-backed project for a new LNG terminal in the Tuscan port that is seen as key to helping wean Italy off Russian gas.
Sempra Strikes LNG Supply Deal with ConocoPhillips
Sempra Energy said on Tuesday that ConocoPhillips will buy five million tonnes per annum of LNG from Phase 1 of the Port Arthur LNG project under development in Jefferson County, Texas.
Germany's LNG Terminals to Cost More Than Double Earlier Estimate
The purchase and maintenance of floating LNG terminals to help Germany secure energy supplies and diversify away from Russian gas, will cost more than 3 billion euros ($3.10 billion) more than planned, the economy ministry said on Sunday.
- 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
