Processing/LNG
Eni Acquires Floating Liquefaction Facility to Produce LNG in Congo Republic
Energy group Eni said on Friday it had acquired Tango FLNG to produce and export LNG from the Republic of Congo, as Italy rushes to find alternative supplies to Russian gas.
Cheniere Posts Q2 Profit on Strong LNG Demand
Cheniere Energy Inc., the largest U.S. liquefied natural gas (LNG) exporter, reported a second-quarter profit on Thursday, and raised its full-year outlook, boosted by demand from buyers seeking to replace gas from Russia.
Sakhalin Energy Asks LNG Buyers to Pay Via Moscow Bank
Russia's Sakhalin Energy Investment Co. has asked its LNG customers to pay for supplies via a Moscow unit of a European bank, a source familiar with the matter told Reuters on Friday.
Enbridge Set to Invest $1.5 Billion in Pacific Energy's Woodfibre LNG Project
Canada's Enbridge Inc. said on Friday it will invest $1.5 billion in the joint construction and operation of the Woodfibre LNG project and also said it will spend an additional $2.1 billion on new projects, including expansions of its British Columbia and Texas gas pipeline systems.
Bulgaria Secures Deal to Receive US LNG Gas Deliveries from October
Bulgaria has secured seven cargo shipments of U.S. LNG from October to ensure gas inflows in the winter, outgoing Prime Minister Kiril Petkov said on Thursday, adding the deal still had to be confirmed by the next government by Aug. 19.
PM Sanchez: Spain Has Capacity to Become Gas Hub in Europe
Spain has the capacity to become a gas hub for Europe to help support regional efforts to curb dependence on Russian gas, Spanish Prime Minister Pedro Sanchez told a news conference with his Polish counterpart on Wednesday.
Australian Unions Extend Strike at Shell's LNG Facility
Unions extended industrial action on Tuesday until Aug. 11 over a long-running wage dispute at Shell Plc's Prelude floating liquefied natural gas facility.
NextDecade Strikes 20-Year LNG Supply Deal with Exxon Mobil
NextDecade Corp. has entered a 20-year sale and purchase agreement with an affiliate of Exxon Mobil for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
EIA: US Becomes Top LNG Exporter in First Half of 2022
The United States became the top LNG exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country increased supply to Europe amid the Ukraine crisis.
Cheniere Inks 20-Year LNG Supply Deal with Thailand’s PTT
Cheniere Energy Inc. has entered an agreement to supply 1.0 MTPA of LNG for 20 years beginning in 2026 to a subsidiary of PTT Public Co. Ltd., Thailand’s largest state-owned energy company, to supply.
Snam, Edison Team Up to Develop Small-Scale LNG Market in Italy
Italy's gas infrastructure group Snam and France's EDF unit Edison said on Monday they signed a memorandum of understanding to work together to develop small-scale LNG.
Pipelines Flow Small Amounts of Natural Gas to Shuttered Freeport LNG Plant in Texas
Small amounts of natural gas were flowing from interstate pipelines to Freeport LNG's shuttered liquefied natural gas export plant in Texas this week.
Cheniere Strikes LNG Supply Deal with PetroChina International
Cheniere Energy Inc. has entered into a long-term LNG sale and purchase agreement to supply up to approximately 1.8 million tonnes per annum of LNG to a subsidiary of PetroChina.
Germany Plans to Build Fifth Floating LNG Terminal by Year End
A fifth floating LNG terminal, to be located about 250 km (155 miles) north of Berlin, will be built by a private consortium, in addition to the four already planned by the government, the country's economy ministry said on Tuesday.
Portugal's Sines Port Set to Ship LNG to Rest of Europe
Portugal's Sines port is ready to start onward shipment of LNG, which arrives in large tankers and will be transferred to smaller vessels to head to other European states, a government spokesman said on Tuesday.
ConocoPhillips Buys 30% Stake in Sempra's Port Arthur LNG Project
ConocoPhillips on Thursday agreed to take a 30% stake in Sempra Energy's proposed Port Arthur, Texas, LNG plant, advancing the long-delayed gas export project.
Siemens Energy to Power Low-Emission LNG Facility in Canada
Siemens Energy has been selected as the single solution supplier for the all-electric Woodfibre LNG project in British Columbia, Canada, the company said on Tuesday.
Fluor Wins Contract for New Fortress Energy Fast LNG Project
Fluor Corp. has been awarded a full notice-to-proceed contract by New Fortress Energy Inc. for the engineering, procurement and fabrication management of the NFE Fast LNG 2 project.
Trans-Foreland Pipeline Seeks Extension for Alaska LNG Import Project
Marathon Petroleum Corp.'s Trans-Foreland Pipeline Co. unit said it has yet to make a final investment decision to build the project because the COVID-19 pandemic and the war in Ukraine have worsened economic and logistical conditions.
Strong LNG Demand to Keep Tanker Rates Firm in 2022, Beyond
Tanker rates to ship LNG are expected to remain firm as market players try to secure cargoes for winter demand amid soaring LNG prices and tight global supply, Reuters reported on Friday.
Spain Minister Urges Firms to Curb Russian LNG Imports
Spain's Energy Minister Teresa Ribera urged Spanish companies on Monday to reduce imports of LNG from Russia and search for alternatives and said the country was readying a contingency plan for the winter in order to help EU neighbors.
Environmental Groups Attempt to Slow LNG Exports to Europe
Despite Biden’s commitment to get more U.S. LNG to Europe, environmental groups are trying to convince FERC to slow or kill export LNG facilities and pipelines that serve them on mostly environmental grounds.
Cheniere Asks Biden Administration for Exemption from Pollution Rule
Cheniere Energy Inc. has asked the Biden administration to exempt it from a pollution rule under the U.S. Clean Air Act, arguing the limits would force the LNG exporter to shut for an extended period and endanger the country's efforts to ramp up supplies to Europe.
NFE, Pemex Partner to Develop Mexico’s Lakach Gas Field
New Fortress Energy Inc. has signed an agreement with Pemex to jointly develop the Lakach deepwater natural gas field to supply natural gas to Mexico’s onshore domestic market.
NextDecade Inks 20-Year LNG Supply Deal with Guangdong Energy Group
NextDecade Corp. has entered a 20-year sale and purchase agreement with Guangdong Energy Group for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
Italy’s Snam Buys Floating Regasification Unit for $400 Million
Italy's Snam has signed a $400-million deal with BW LNG to buy a floating storage and regasification unit (FSRU), the gas grid operator said on Wednesday, as Rome rushes to find alternative supplies to Russian gas.
New Fortress Agrees to Expand Supply of Natural Gas to Baja, Build LNG Hub Offshore GOM
New Fortress Energy Inc. has entered into an agreement with Comisión Federal de Electricidad to expand the supply of natural gas to Baja California Sur and build a new LNG hub in the Gulf of Mexico (GOM).
Shell Joins Qatar's LNG Expansion Mega-Project
QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest LNG project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni.
New Fortress Energy to Sell LNG Maritime Infrastructure for $2 Billion to JV
New Fortress Energy Inc. has formed a new LNG joint venture on Tuesday with buyout firm Apollo Global Management Inc. and sold 11 vessels and storage units to the JV for $2 billion.
NextDecade Secures Third 20-Year LNG Supply Deal This Year with China Gas
NextDecade Corp. has executed a 20-year sale and purchase agreement with China Gas Holdings Ltd. for its Rio Grande LNG, marking the company's third 20-year deal this year.
- 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
