Processing/LNG

Gulf Publishing Company Launches LNG Intelligence Service for Energy Industry

Gulf Publishing Company, a leading media company and provider of market data for the international energy industry, launches today the Energy Web Atlas to provide the downstream energy sector with easy access to information about the Liquefied Natural Gas (LNG) industry. A real-time project informa..

Report: Global LNG Market to Reach Nearly $21 Billion by 2025

According to a new report from Grand View Research, Inc., the global LNG market is expected to reach 20.6 billion by 2025, growing at a CAGR of 12.7%. Reasons given for this growth include: A rising focus on development and expanding gas pipeline infrastructure and growing demand for natural gas..

Natural Gas and LNG: Future of Electricity

The International Energy Agency (IEA) reports that 1.2 billion people, or 17% of the world’s population, has no access to electricity. About 38% or 2.7 billion lack clean cooking facilities. “More than 95% of these people are either in sub-Saharan Africa or developing Asia, and around 80% are in rur..

Houston’s Energy Sector Confident Of A Quick Recovery

After devastating Houston and other parts of southeast Texas and continuing on to Louisiana, the hurricane known as Harvey put a spotlight on the rising role of the Gulf of Mexico in the global energy sector. The most powerful storm to hit Texas in half a century has already resulted in reduced shal..

Lithuania Takes Delivery of US LNG to Cut Reliance on Moscow

KLAIPEDA, Lithuania (AP) — Lithuania has taken delivery of its first shipment of liquefied natural gas from the United States, a milestone that the Baltic state hopes will further reduce its reliance on Russia. Independence, the U.S.-based tanker, docked Monday in the port of Klaipeda to offload so..

Is Boone Pickens Wrong On Natural Gas?

Bloomberg is attempting to make the case that Tesla’s CEO Elon Musk and cheap gasoline prices have driven natural gas away as an economically viable vehicle fuel. But that does not seem to be the case if you look at the role compressed natural gas (CNG) and liquefied natural gas (LNG) has been playi..

Russia May Break Gazprom Monopoly To Stimulate LNG

A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing the protocol from a July 6 meeting of the commission. The global rise in LNG as a replacement for na..

Nigeria To Play A Major Role In Turkey’s Energy Sector

Nigeria is one of Turkey’s largest trading partners in Africa, and trade remains an integral component of Nigeria – Turkey bilateral relations. In 2014, trade between the two countries reached approximately US $2.5 billion. However, this figure fell to US $1.5 billion in 2015 and approximately US $1..

Canadian LNG Project Cancelled

TransCanada's Prince Rupert Gas Transmission Project in jeopardy after the cancellation of the Pacific NorthWest LNG Project.

NextDecade Signs MoU for LNG Terminal in Ireland

NextDecade, LLC has signed a Memorandum of Understanding with the Port of Cork Company to advance a joint business development opportunity in Ireland for a new Floating Storage and Regasification Unit (FSRU) and associated LNG import terminal infrastructure. NextDecade and the Port of Cork will hol..

Perry Touts Energy Exports, Awaits Study on Electric Grid

WASHINGTON (AP) — The Trump administration is pushing for increased exports of natural gas and other energy sources as it seeks U.S. “energy dominance” in the global market, Energy Secretary Rick Perry said Tuesday. He and President Donald Trump have offered a “comforting” message to energy c..

Poland Seeks To Become EU’s Gas Hub

There’s no holding Poland back. A little over a month after it began to divest itself of reliance on Russian gas by taking ownership of the first U.S. shipment, the country’s president has declared that he wants to make Poland an energy hub capable of distributing gas across the EU. Speaking after ..

Alaska LNG MoU Signed

KOGAS and the Alaska Gasoline Development Corporation sign MoU concerning the Alaska LNG pipeline construction project.

Companies Sign MoU for Lake Charles LNG Liquefaction Project

Dallas-based Energy Transfer Partners announced today its subsidiary, Lake Charles LNG Export Company, LLC, has entered into a Memorandum of Understanding with South Korea-based Korea Gas Corporation (KOGAS) to study the feasibility of joint participation in the Lake Charles LNG Liquefaction Project..

Wood Group Wins FEED Contract for Greece LNG Project

Wood Group has secured a new front end engineering design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System offshore Greece. The project, which consists of developing a floating liquefied natural gas receiving, storage and regasification unit, will create a n..

Cheniere, KOGAS Commence 20-year LNG Contract

Cheniere Energy Inc. and Korea Gas Corporation (KOGAS) have commenced their 20-year Sales and Purchase Agreement (SPA) to supply U.S.-sourced LNG to KOGAS from the Sabine Pass Liquefaction facility in Louisiana. The SPA, which was originally signed in January of 2012, officially began on June 1, 201..

After Poland, Lithuania Becomes U.S. LNG Buyer

Seeking to diversify its gas imports away from Russia’s giant Gazprom, Lithuania’s state-held gas trader Lietuvos Duju Tiekimas said on Monday that it had signed a deal with Cheniere Marketing International to buy LNG directly from the U.S., adding to the growing list of customers of America’s LNG c..

Potential US, China LNG Deal a Hot Topic at Flame Amsterdam 2017

A round-up of issues debated at Flame Amsterdam 2017, Europe’s premier gas and LNG conference, which took place May 8-11. US China Deal This year’s Flame was animated by the prospect of a trade deal between the US and China and its impact on the global LNG market.  However the China experts in att..

Golar LNG and Delfin Midstream Sign Agreement to Jointly LNG Project

Delfin Midstream and Golar LNG Limited have signed a Joint Development Agreement to develop the Delfin LNG project off the coast of Cameron Parish, Lousiana utilising Golar’s FLNG technology. The joint development agreement will facilitate the financing, marketing, construction, development and oper..

America’s Unstoppable LNG Boom

Since Cheniere sent America’s first LNG cargo abroad in early 2016, U.S. gas exports have reached buyers in Latin America, Europe, Asia, and even the Middle East. The shale gas boom allowed the U.S. to send cargoes overseas, easing some of the domestic glut, with exports hitting a new monthly record..

First Ever U.S. LNG Cargo Set Sail For Northwest Europe

The first U.S. LNG shipment to Europe will come amid maintenance of some supply facilities in Europe, so it does not necessarily mean that the U.S. is starting to send LNG supplies to Northwest Europe en masse, Platts Analytics reported on Monday. The Arctic Discoverer, chartered by Statoil, is exp..

Oregon Voters Reject Jordan Cove Ban

Oregon town rejects proposal asking for a ban of the Jordan Cove Energy Project.

Gaz Métro Triples LNG Capacity at Montreal Plant

Gaz Métro’s wholly-owned subsidiary, Gaz Métro LNG, L.P., has completed its expansion project tripling the capacity of its Montréal natural gas liquefaction plant, adding a major potential source of natural gas for the New England market. Gaz Métro LNG’s expansion project, supported by Gaz Métro an..

Contract for Pipeline Construction Project Awarded

GE Oil & Gas has received a contract to exclusively supply gas turbine and compressor equipment for the Rio Bravo pipeline construction project.

Alaska LNG Project Application Filed With FERC

The Alaska Gasline Development Corporation has filed an application with FERC for the Alaska LNG project.

Pence Meets with Alaska Gasline Development Corporation Over LNG Project

U.S. Vice President Mike Pence meets with the Alaska Gasline Development Corporation and Governor Bill Walker concerning the Alaska LNG Project.

LNG Project Approved in Canada

The Huu-ay-aht First Nations has approved the proposed Sarita LNG Project with Steelhead LNG, representing the first British Columbia Nation to approve a co-development arrangement for an LNG export facility. “This is a first in B.C. and Canada, and creates a significant degree of certainty early i..

ICE To Start Offering First-Ever U.S. LNG Futures Contracts

As the U.S. has been increasingly growing its LNG exports in recent months, Intercontinental Exchange (ICE) said on Wednesday that it would start trading the first-ever U.S. LNG futures contract that will be cash settled against the Platts LNG Gulf Coast Marker (GCM) price assessment. The U.S. LNG ..

Application Filed for LNG Project

Plaque mines LNG files application with FERC for an export terminal and a pipeline construction project.

Fluor Awarded Contract for Woodfibre LNG Project

Fluor Corporation has signed an agreement with JGC America, Inc. to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre LNG project in the District of Squamish near Vancouver, British Columbia, Canada. Under the subcontract, Fluor will prov..