Processing/LNG
Report: Santos to Sell 5% Stake in PNG LNG for $1.1 Billion
Santos Ltd. has agreed to sell a 5% stake in PNG LNG to Papua New Guinea's state-owned Kumul Petroleum for $1.1 billion in a deal to be announced on Tuesday, the Australian Financial Review reported late on Monday.
German Utility RWE Inks LNG Deal with ADNOC
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver LNG to Europe's largest economy by the end of December, RWE announced on Sunday.
Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas
Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole LNG terminal near Athens, the country's gas grid operator said on Thursday.
Argentina Readies Legislation to Advance Energy Sector, Including LNG Exports
Argentine President Alberto Fernandez on Wednesday said his government plans in coming days to submit legislation to the national congress that "would give certainty" to energy producers and help advance Argentina's LNG agenda.
Pieridae Advocates for TC Energy’s Pipeline Expansion Plan for Goldboro LNG Project
Pieridae Energy has asked the federal government to help ensure pipeline operator TC Energy would be able secure permits to expand gas supply pipelines in a timely fashion for the Goldboro LNG project, which it said can only go ahead if TC expands capacity on its existing pipeline network.
Sources: RWE, Uniper Close to Long-Term LNG Deals with Qatar
German utilities RWE and Uniper are close to striking long-term deals to buy LNG from Qatar's North Field expansion project to help replace Russian gas, three sources familiar with the matter said.
Portugal to Face Supply Shortage If Nigeria Fails to Deliver All LNG Due
Portugal could face supply problems this winter if it does receive all of the LNG it is due from Nigeria, the European Union country's environment and energy minister said on Monday.
Russia’s Gazprom Loads First Cargo from New Portovaya LNG Plant
Russia's energy giant Gazprom has loaded its first cargo from the Portovaya LNG plant close to the Russia-Finland border, which has a capacity of 1.5 million tonnes per annum.
Eni CEO: Italy Must Increase LNG Capacity in 2023
Descalzi said the state-controlled group, which last year imported about 21 billion cubic meters (Bcm) of gas from Russia out of a total of 29 Bcm imported by Italy, will replace little more than 50% of Moscow's supplies starting from this winter.
Slovak’s SPP Inks LNG Supply Deal with Exxon
Slovakia's national gas importer SPP has signed an LNG supply deal with Exxon Mobil, SPP said on Thursday, as Europe races to secure alternatives to Russian gas.
Activists, Fishermen Argue Rio Grande LNG Terminal Permit is Too Obliging to Industry
Environmental groups and fishermen on Wednesday told a federal appeals court the U.S. government’s permitting for a Gulf Coast natural gas export terminal was too accommodating to industry interests at the expense of wetlands.
Senegal’s President: Phase 2 of Greater Tortue Gas Project Needs $5 Billion
The second phase of Senegal's Greater Tortue Ahmeyim gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal's President Macky Sall said on Thursday.
South East Europe, Balkans Get Ready for US LNG Shipments
(P&GJ) — The 105 Bcf/year (3 Bcm/year) Interconnector Greece Bulgaria (IGB) pipeline is expected, after long delays, to become operational this autumn, allowing Bulgaria to access more LNG via Greece. The timing could not have been better; Gazprom recently cut off all supplies to Bulgaria following Sofia’s refusal to pay for Russian gas in rubles.
Liquid Fuels Production Expected to Grow in Brazil, Canada
In the U.S. Energy Information Administration’s (EIA’s) Short-Term Energy Outlook (STEO), liquid fuels production in Brazil, Canada and China is forecast to increase this year and next, contributing to growth in overall non-OPEC (Organization of the Petroleum Exporting Countries) petroleum production.
Tokyo Gas Inks Long-Term LNG Deal with New Sakhalin-2 Operator
Japan's biggest city gas supplier Tokyo Gas Co Ltd. has signed a long-term contract with a new Russian operator of Sakhalin-2 energy project to buy LNG, a spokesperson for the Japanese company said on Tuesday.
Bulgaria Agrees to Double Reserve Capacity at New Greek LNG Terminal
Bulgaria has reached an agreement in principle to double its reserved capacity at a new LNG facility to be built off the northern Greek port of Alexandroupolis, the interim energy minister said on Monday.
Europe Imported Record Amounts of LNG
The European Union and United Kingdom’s level of liquefied natural gas (LNG) imports set a record high in April 2022, averaging 16.5 Bcf/d (467 MMcm/d) monthly and exceeding 19 Bcf/d (538 MMcm/d) on some days in April.
Pipeline Operator Gail Says India in Talks with Russia to Resume Gas Supply Deal
India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd., the state-run Indian company's chairman said at an annual shareholder meeting on Friday.
Energy Transfer Inks 20-Year LNG Supply Deal with Shell
Energy Transfer LP has entered a 20-year deal to supply 2.1 million tonnes of LNG per year to Shell Plc related to its Lake Charles LNG project, marking the company's sixth LNG agreement in the last five months. This latest deal brings the total amount of LNG contracted from the Lake Charles LNG export facility to nearly 8 MTPA.
Freeport LNG Expects to Resume Partial Operations in November
Freeport LNG Development LP said on Tuesday it expects to resume partial operations at the liquefaction facility in early to mid-November.
Canada Examines Feasibility of Direct LNG Exports to Europe
Canada is exploring ways to see if there is a business case to export LNG directly to Europe from its east coast, Prime Minister Justin Trudeau said on Monday.
Canada Says Hydrogen Better Than LNG for German Needs
Providing clean hydrogen to Germany and the rest of Europe is a better opportunity for Canada than trying to build LNG terminals, Canada's natural resources minister said last week, but it would require the construction of a new pipeline to transport the gas from Alberta to Europe.
Britain Set to Receive Rare LNG Shipment from Australia
Britain is set to receive a rare shipment of LNG from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.
FERC Grants Trans-Foreland Pipeline Extension for Alaska LNG Import Project
Marathon Petroleum Corp.'s Trans-Foreland Pipeline Co. unit received more time to convert the Kenai LNG export plant in Alaska into an import terminal, U.S. energy regulators said on Tuesday.
Germany Secures Deal with Uniper, RWE for Floating LNG Terminals
Germany signed a memorandum of understanding on Tuesday with the country's top gas importers to safeguard the supply of two floating LNG gas terminals it needs to reduce reliance on Russian energy.
Uniper Open to Trade Australian LNG for US Gas to Supply Europe Quicker
Germany's Uniper is prepared to swap LNG it gets from Australia's Woodside for U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.
LNG Traders Report Huge Losses After Supply Outages Hinder European Storage
Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug an LNG supply gap after several outages hampered efforts to fill European storage ahead of the winter heating season.
Centrica Strikes $8.5 Billion LNG Deal with US Supplier Delfin Midstream
Centrica has signed a 15-year, $8.47 billion deal with U.S.-based Delfin Midstream to purchase 1 million tonnes of LNG per annum from the Delfin Deepwater Port offshore Louisiana from 2026.
Saipem Enters Negotiations to End Arctic LNG 2 Project Contracts
Saipem is in talks to end two contracts related to Russia's $21-billion Arctic LNG 2 project led by Moscow-listed gas producer Novatek, the Italian energy services group said in its interim financial statement.
Shell Defers Prelude LNG Turnaround Due to Industrial Action
Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating LNG facility that was due to go ahead in September because of industrial action at the site off northwest Australia.
- 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
