Processing/LNG

LNG Becomes A Buyer’s Market

The world’s liquefied natural gas (LNG) market has dramatically changed over the past few years. Continuously growing supply has led to a glut, and the U.S. starting LNG exports has led to more flexible contract terms. LNG trade is increasingly shifting to a buyers’ market, where importers are shapi..

Piped Gas vs. LNG: Competition May Be Heating UP

Historically, the world trade of gas has been dominated by piped gas with first-ever commercial LNG cargo being delivered to the UK from Algeria in 1964. The growth of the fuel was steady, but accelerated when Qatar entered the supply market with huge LNG trains almost 10 years ago. Recent developm..

US Looking to Japan for Help in Boosting LNG Exports to Asia

TOKYO (AP) — The U.S. is keen to work with Japan in expanding exports of U.S. liquefied natural gas in Asia, and hopes for more Japanese investment in American natural gas infrastructure, a senior Department of Energy official said Wednesday. Japan’s trade and industry minister announced Wednesday ..

The U.S. LNG Boom Could Be About To Stall

While speaking before industry executives last June, United States President Donald Trump asserted that he had “ended the war on coal” and that America would be “dominant” in energy. But where does this all stand now? Much of the Trump administration’s hope for achieving dominance requires increasi..

Major Energy Importer Bets $10 Billion On Natural Gas

Much of the attention in energy markets has been focused on OPEC and oil prices lately. But news this week suggests that a different energy commodity is quietly becoming the hottest story going worldwide. That’s natural gas. With the world’s top importing nation — Japan — saying this week it’s abou..

Sabine Pass Train 4 Placed in Service

Cheniere Energy Partners, L.P. has completed the Commissioning of Train 4 associated with the Sabine Pass Liquefaction Project in Cameron Parish, Louisiana. As part of a 20-year sale and purchase agreement (SPA) with GAIL (India) Limited, the first commercial delivery for Train 4 of the Sabine Pass..

LNG Production Starts At Wheatstone

Chevron has announced the start of production at its Wheatstone LNG offshore project in Australia, with exports from the facility due to begin in several weeks. Initial plans had scheduled the first cargo for mid-2017, Reuters recalls. Wheatstone consists of two liquefaction trains that are togethe..

CH2M Wins Pipeline Contract in Africa

CH2M receives contract for a pipeline construction project in Africa.

Another U.S. LNG Export Project To Come Online In Q4

Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, and several have released recent updates on their operations. Cove Point on schedule to become second U.S. project t..

Qatar Uses Saudi Strategy To Conquer LNG Markets

Qatar holds the third largest natural gas reserves in the world behind Iran and Russia. The country’s offshore region is host to the largest natural gas field in the world, which is split between Qatar and Iran in the Arabian Gulf: The North Dome/South Pars field. Qatar’s offshore waters hold the No..

API Study: Increased NatGas Exports Boosts Jobs, Accelerates Economic Growth

API has released a new study showing that increased exports of clean and abundant U.S. natural gas (in the form of liquefied natural gas or LNG) could support between 220,000 and 452,000 additional American jobs and add up to $73 billion to the U.S. economy by 2040. The study, conducted by ICF Inter..

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..