Processing/LNG

India's Petronet Plans to Cancel 10-Year LNG Import Tender — Sources

India’s top gas importer Petronet LNG is set to cancel its offer to buy an annual 1 million tonnes of liquefied natural gas (LNG) for 10 years, two sources said, as signing long-term contracts is not attractive in the current scenario.

Tellurian Evaluates Changes to Driftwood LNG Project

Tellurian said on Wednesday the company is evaluating changes to its Driftwood LNG project that would significantly reduce Phase 1 costs.

Tellurian, Petronet Renew LNG Investment Deal — Sources

Sources report that India's Petronet LNG has renewed a deal with U.S.-based Tellurian LNG to purchase gas from Tellurian's massive Driftwood export project.

Total Signs $14.9 Billion in Financing for Huge Mozambique LNG Project

French oil major Total has signed a financing deal worth nearly $15 billion for its massive LNG project in Mozambique.

U.S. OKs start of seventh unit at Kinder Morgan Georgia Elba LNG export plant

The Federal Energy Regulatory Commission (FERC) has approved the start of the seventh liquefaction train at Kinder Morgan's Elba Island LNG plant in Georgia.

FERC Gives Delfin Another Year to Build Louisiana Floating LNG Project

U.S energy regulators have given Delfin LNG a second one-year extension to build it's floating LNG project off the coast of Louisiana.

Kinder Morgan Says 7th Elba Island Unit Ready

Kinder Morgan has asked regulators to approve the 7th liquefaction train at its Elba Island LNG export facility in Georgia.

FERC Approval Gives Alaska LNG 10 Years to Start Operations

Federal authorization for the Alaska liquefied natural gas (LNG) project sets a 10-year deadline to start operating the gas pipeline and liquefaction plant, twice as much time as regulators have generally allowed for other U.S. LNG export terminal developers to build multibillion-dollar facilities.

Cyprus to Get First Natural Gas Import Terminal

Cyprus officially began work Thursday on the country's first-ever natural gas import terminal.

U.S. Energy Dept. Approves Jordan Cove LNG Exports

The U.S. Department of Energy has approved LNG exports from the proposed Jordan Cove LNG project in Oregon, the first on the country's West Coast.

Brazil's Petrobras Considers Offshore LNG Units for Pre-Salt Gas

Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said.

Japan's Investment Drive in LNG Faces Risk of Souring — Study

Japan's banks and public agencies have funneled nearly $25 billion into liquefied natural gas (LNG) projects since 2017 but the investments may sour as prices plummet from the COVID-19 pandemic and as climate change risks rise, a new study shows.

Tumbleweed Midstream Announces New Gathering and Processing Agreements

Tumbleweed Midstream announced it has executed three new long-term gathering and processing agreements for its Ladder Creek Helium Plant in eastern Colorado.

Sasol to Sell Stakes in Mozambique Pipeline, Power Plant — Sources

According to two sources, Sasol is looking to sell its stakes in a Mozambique pipeline as well as a power plant in the country.

Investors Raise $7.96 Billion Loan for ADNOC Pipeline Deal

A group of investors has signed a nearly $8 billion loan to help finance a $10 billion gas pipeline investment with the state-owned Abu Dhabi National Oil Company.

Poland Signs Deals to Expand LNG Terminal

Poland has signed nearly $500 million in contracts to expand the country's LNG import terminal on the Baltic Sea in order to help the country diversify away from a reliance on supplies from Russia.

U.S. Gas Deliveries for LNG Export Fall by More than Half

Daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 Bcf/d in late March 2020, but deliveries fell to less than 4 Bcf/d in June.

Mozambique Government Offers $2.25 Billion Funding Guarantee to LNG Project, Says Report

The Mozambique government has offered a $2.25 billion funding guarantee to partners in the Mozambique LNG project being led by French energy giant Total.

Buyers of U.S. LNG to Cancel 40-45 Cargoes for August Loading: Sources

Industry sources are anticipating buyers of U.S. LNG to cancel between 40-45 cargoes for August loading due to slower economic recovery in Asia and larger than expected stocks in Europe.

China Could Top Japan's LNG Imports in 2020 as Coronavirus Cuts Demand

The unusual market conditions brought on by the coronavirus pandemic may cause LNG imports into China to surpass Japan much sooner than expected, according to an industry analyst.

Croatia's Floating LNG Terminal to Start Operations in January Fully Booked

Croatia's energy minister said the country's floating LNG terminal will begin operations on Jan. 1 2021 and is fully booked through Q3 2023.

Venture Global Gets U.S. OK to Start Site Prep Work at Plaquemines LNG Plant

Venture Global LNG has received approval from U.S. regulators to begin site prep work at its Plaquemines LNG export facility in Louisiana.

India Steps up Bet on Gas With First Gas Trading Exchange

India on Monday launched its first natural gas trading exchange, as it continues efforts to reduce greenhouse gas emissions by expanding the share of gas in its energy mix.

Glenfarne Group Announces Acquisition of Magnolia LNG

Glenfarme LLC announced it has purchased Magnolia LNG, an export terminal development project in Louisiana.

Siemens, Total Partner to Develop Concepts for Low-Emissions LNG Production

Siemens and Total are partnering to develop new ideas for low-emission LNG production.

LNG Recovery in Asia Depends on China, India Policies

The International Energy Agency (IEA) forecasts a gradual recovery in global natural gas demand in 2021-22, but the extent of that rebound depends on how committed China and India remain to their transitions from coal.

Golden Pass Seeks to Boost Capacity at Texas LNG Plant

Golden Pass LNG has requested permission from FERC to increase the capacity of its $10 billion LNG plant in Texas from 15.6 MTPA to over 18 MTPA .

LNG Deliveries to U.S. Export Facilities Decline to Lowest Level Since 2019 - EIA

According to data released from the U.S. Energy Information Administration (EIA), deliveries of natural gas to U.S. export facilities fell during most of the month of May to levels not seen in almost two years.

Malaysia's LNG Exports in May Set to Drop to Lowest Since Mid-2018 — Data

LNG exports from Malaysia, the world's fourth-largest natural gas exporter, are expected to drop to their lowest levels in two years as producers are hit hard by plunging demand stemming from the coronavirus pandemic.

Sinopec to Build $2.8 Billion LNG Terminal in Eastern China

Sinopec has contracted with the city of Zhoushan on China's eastern coast to build a $2.8 billion LNG import terminal.