Processing/LNG
PHMSA Approves Expansion of Cameron LNG Plant
An expansion of the Cameron LNG liquefied natural gas export plant won approval by a U.S. regulator on Wednesday, advancing development of a fourth gas-chilling unit.
Factbox: Why European Gas Prices Have Been Falling
Despite dwindling Russian gas pipeline supplies, Dutch front-month gas, the European benchmark, has fallen 67% since hitting an all-time high in August to around 100 euros per megawatt hour and is at the lowest level since mid-June.
LNG Ships Wait off Spain's Coast as Higher Prices Eyed
Several ships carrying LNG anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said.
Serbia Plans Nearly $12 Billion in Pipeline, Energy Projects
Serbia's new government plans to invest 12 billion euros ($11.83 billion) in energy projects, including oil and gas pipelines and increased power production capacity, prime minister designate Ana Brnabic told parliament on Tuesday.
U.S. Natgas Gains 5% on Technical Move, LNG Export Forecast
U.S. natural gas futures jumped about 5% after sliding to a fresh seven-month low earlier in the session on a technical rebound and expectations demand would rise as LNG exports increase once export plants exit maintenance outages in coming weeks.
China's Oil Imports Fall as Pipeline Gas, LNG Rebound
China's crude oil imports in September were 2% below their level a year earlier as independent refiners curbed throughput amid thin margins and lackluster demand, but natural gas imports bounced back.
How Germany is Replacing Russian Gas
Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows from Russia since its invasion of Ukraine.
Mozambique to Ship First Batch of LNG Exports to Europe by Early November
Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region.
Italy to Approve New LNG Terminal Next Week
A state-appointed commissioner said on Friday he would give the go-ahead for Italy's new LNG terminal in the Tuscan port of Piombino at the beginning of next week, in time for it to start delivering gas in the spring.
Technip Energies Signs Deal to Fully Exit Arctic LNG 2 Project in 2023
Technip Energies expects to fully exit the liquefied natural gas project Arctic LNG 2 led by Moscow-listed gas producer Novatek next year, the French oil and gas services provider said on Thursday.
Italy Aims for 'Miracle' with LNG Project in Energy Crunch
Italy is invoking the need for energy security in the face of Russian supply cuts to rush through in a matter of months a new LNG terminal – a process that would normally take years due to local objections and permitting.
Dozens of LNG-Laden Ships Queue Off Europe's Coasts Unable to Unload
Dozens of ships carrying LNG circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation".
QatarEnergy Expanding in LNG, Won't Divert Supplies to Europe
QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert LNG contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday.
Finance Minister: Canada Would Back 'Economically Viable' New LNG Terminals
Canada will look at supporting more LNG terminals as long as they are economically feasible because they are needed to keep the world from burning coal again amid the current energy crunch, Finance Minister Chrystia Freeland said on Friday.
US Approves LNG Shipping Waiver for Puerto Rico After Hurricane
The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for LNG after Hurricane Fiona.
China Halts LNG Sales to Foreign Buyers to Ensure Own Supply
China has asked its state-owned gas importers to stop reselling LNG to buyers in Europe and Asia as it seeks to ensure its own supply for the winter season, Bloomberg News reported on Monday.
Brunsbuettel LNG Hub Expected to Be Ready in 2026, Gasunie Says
Dutch gas grid operator Gasunie said its German subsidiary has signed deals related to the development of a new LNG terminal at Brunsbuettel with 8 billion cubic meters of throughput capacity, due to be completed by 2026.
US LNG Exports to Europe Rise During 2022
(P&GJ) — During the first four months of 2022, the United States exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA’s Natural Gas Monthly and EIA estimates.
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand
U.S. oil major Chevron Corp. expects high European prices for LNG to attract a majority of U.S. LNG exports in the short term, a top executive told Reuters on Wednesday.
Eni CEO: Italy Risks Gas Shortage Without New LNG Terminal
Italy could face a gas shortfall of 5-6 billion cubic meters in the winter of 2023-24 without a new regasification terminal, the CEO of energy major Eni Claudio Descalzi said on Tuesday.
Shell Focusing Spending on Gas Infrastructure, Supplying LNG Plants
Shell is focusing its short-term investments on new natural gas infrastructure and boosting supplies to existing LNG plants, an executive said on Thursday.
Venture Global to Expand LNG Shipments to German Energy Provider EnBW
(P&GJ) — Under the 20-year sales and purchase agreements signed in June 2022, EnBW has increased the quantity of its long-term LNG offtake from Venture Global by an additional 0.5 MTPA from Plaquemines and CP2 LNG.
CEO: TotalEnergies to Continue Shipping Russian LNG as Long as No EU Sanctions
French energy giant TotalEnergies will continue to ship LNG from Russia as long as there are no European sanctions on the fuel, the company's CEO Patrick Pouyanne said on Wednesday, reiterating a previously stated position.
Sources: Shell, Exxon to Win New Roles in Qatar's LNG Expansion
The North Field South expansion is part of Qatar's ambitious drive to consolidate its position as the world's top LNG exporter, with demand for the fuel growing as Europe scrambles to substitute the Russian pipeline gas that made up almost 40% of the continent's imports.
US Producers Boost LNG Exports to Europe Despite Output Constraints
U.S. producers of LNG boosted exports to Europe in September even as a plant outage kept overall shipments below the average for the first eight months of 2022, Refinitiv Eikon data showed on Monday.
Poland's PGNiG Inks 10-Year Capacity Deal with Klaipeda LNG
Polish gas company PGNiG said on Friday it has secured regasification capacity at Lithuania's LNG terminal in Klaipeda in a 10-year deal.
EU Wants New Transaction-Based LNG Benchmark in Bid to Calm Prices
The European Union wants a new transaction-based benchmark for LNG as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
Kinder Morgan Sells Half Its Stake in LNG Facility in Georgia for $565 Million
U.S. pipeline operator Kinder Morgan Inc. said it had sold half its stake in an LNG facility in Georgia to an undisclosed buyer for about $565 million and would use the funds to pay short-term debt and buy back shares.
Qatar Says Inflationary Pressures Impacting Oil, Gas Industry
Qatar's Minister of State for Energy Affairs said on Monday that inflationary pressures have led to rising production costs, delays in investment decisions, and increased policy uncertainty in the oil and gas industry.
Tellurian Says Driftwood LNG Deals with Shell, Vitol Scrapped
The company announced the canceled deals a few days after withdrawing a $1 billion high-yield bond sale that would have funded the initial construction of its proposed multibillion-dollar Driftwood LNG plants in Louisiana.
- 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
