Processing/LNG

Germany's SEFE Eyes Global LNG Expansion After Securing $55 Billion Gas Deal in Norway

Fresh from clinching a $55 billion pipeline gas deal in Norway last month, Germany's SEFE is looking for more suppliers to offer liquefied natural gas (LNG) for its customers, its CEO told Reuters on Thursday.

Kinder Morgan Remains Bullish on Natural Gas Demand Growth

Kinder Morgan said on Wednesday it continues to have a bullish outlook for natural gas demand banking on higher demand from LNG export facilities and increased exports to Mexico.

India Approves $1.02 Billion in Incentives for Coal Gasification

India's cabinet on Wednesday approved plans to provide incentives worth $1.02 billion for projects to convert coal into gas, the coal and mines minister said, as it seeks to reduce its reliance on imported fuel.

Oilfield Firm Baker Hughes Beats Profit Estimates on International Demand, LNG Bets

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Tuesday, powered by strong demand for its services and equipment from LNG producers, as well as offshore and international markets.

Japan's 2023 Preliminary LNG Imports Down 8% to Lowest in 14 Years

Japan's LNG imports fell by 8% to 66.2 million metric tons last year to the lowest since 2009, preliminary data from the Ministry of Finance showed, following nuclear power restarts and increased use of renewable energy.

BP Sees Trinidad Deepwater Gas Project Getting Greenlight by 2025

BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.

Ust-Luga Port in Russia Continues Crude, Fuel Exports Despite Novatek Terminal Closure

The Baltic Sea port of Ust-Luga was exporting crude oil and fuel on Tuesday apart from at Novatek's terminal which remained closed after being damaged by fire, according to data from LSEG and industry sources.

Trinidad in Talks with Europe to Supply Venezuelan LNG

Trinidad and Tobago has begun talks with some European countries on the supply of LNG produced from Venezuelan gas, Prime Minister Keith Rowley said on Monday.

Sunoco to Acquire NuStar Energy in $7.3 Billion Deal for Midstream Expansion

The deal, which has been approved by both the boards, will give Sunoco access to NuStar's transportation and storage facilities, including a portfolio of about 9,500 miles of pipeline and 63 terminals.

Global Pipeline Construction Outlook 2024: New LNG Terminals Sound Beckon Call for More Pipelines

(P&GJ) — It comes as little surprise to those in midstream that during the past year we have continued to see LNG initiatives garner more attention than pipeline projects. However, terminal construction drives new pipeline construction.

Spotlight on Germany: Nation’s Pipelines Nearing Major Changes

The pipelines’ sector of Germany is on the verge of major changes, due to the ongoing conversion to hydrogen and the rapid development of H2 and gas pipelines’ infrastructure throughout the country.

British Columbia Strengthens $26.7 Billion Power Plan, Faces Hurdles in Electrifying LNG Projects

British Columbia boosted its $26.7 billion plan to expand its grid over the next decade, but Canada's Pacific Coast province will still fall short of supplying the biggest LNG projects with hydropower needed to avoid generating high emissions.

Biden Administration Taking Heat from All Sides Over Louisiana LNG Project

The Federal Energy Regulatory Commission, a panel of three regulators, is expected to vote in weeks or months on approval of Venture Global's Calcasieu Pass 2, or CP2, liquefied natural gas terminal (CP2) project.

Qatar Set to Sign Cheaper Long-Term LNG Deal with India

Qatar Energy within weeks could sign a long-term deal to provide LNG to Indian buyers on cheaper and more flexible terms than existing contracts, trade sources said, as India seeks to meet a goal to increase the fuel's use.

Inpex Expedites $20 Billion Abadi LNG Project Development in Indonesia

Inpex Corp., Japan's top oil and gas explorer, is set to accelerate development of its $20 billion Abadi Indonesian LNG project, with the aim of starting operations as soon as late this decade, its CEO said on Thursday.

U.S. LNG Feedgas Cut by Arctic Freeze, Problems at Freeport LNG

The amount of natural gas flowing to U.S. LNG export plants dropped to a one-year low this week as an Arctic freeze caused some energy firms to divert fuel to the domestic market and Freeport LNG's facility in Texas experienced mechanical problems.

WoodMac: Gas, LNG Prices to Remain Relatively Weak in 2024 Amid Subdued Demand

Global prices of gas and LNG are expected to remain relatively weak in 2024, with demand subdued due to high storage levels in Europe and Asia and a mild Northern Hemisphere winter, consultancy Wood Mackenzie said on Wednesday.

Exxon to Acquire Additional 1.2 Million Tonnes of LNG Annually from Mexico Pacific

Mexico Pacific said on Tuesday that it will supply ExxonMobil with an additional 1.2 million tonnes per annum of LNG. Exxon will purchase the LNG on a free-on-board basis over a 20-year term.

Tankers Carrying Qatari LNG Resume Course Amid Red Sea Tension

Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG ship-tracking data showed on Tuesday.

Russia's Arctic LNG 2 to Ship First LNG Cargo to Asia Despite U.S. Sanctions

Russia's Arctic LNG 2 project is set to load its first LNG tanker for Asia at the end of January, two industry sources said on Tuesday, despite disruptive U.S. sanctions, while initial volumes are expected to be small.

QatarEnergy Pauses Red Sea LNG Shipping Amid Attacks, Seeks Security Advice

QatarEnergy, the world's second largest exporter of LNG, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.

$720 Billion in Pipeline Projects Defies Global Energy Transition Momentum for More Gassy Future

The investment - which has been committed to projects that are underway or are planned for the near future - reveals the powerful momentum that remains in traditional fossil fuel industries even as clean energy supplies are deployed at an accelerating rate.

Commonwealth LNG Urges Biden to Support Pending LNG Export Application

U.S. liquefied natural gas (LNG) developer Commonwealth LNG on Thursday called on President Joe Biden to support its long-pending LNG export application.

BlackRock Strikes $12.5 Billion Deal for Global Infrastructure Partners

Once the deal closes, the firm will hold approximately $150 billion in infrastructure assets across a portfolio, including the U.S. liquefied natural gas export market.

Glenfarne's Texas LNG and EQT Sign 15-Year Agreement

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition LLC, is set to build a four million tonnes per annum LNG export terminal in the Port of Brownsville, Texas. The company has inked an agreement with EQT Corp. for natural gas liquefaction services.

Tokyo Gas Anticipates Completion of Australian LNG Asset Sale in Late February

Japan's biggest city gas provider, Tokyo Gas, said on Thursday it expects to close the planned sale of its stakes in a portfolio of four Australian liquefied natural gas (LNG) projects at the end of February.

TotalEnergies Denies Plans to Sell NextDecade Shares Amid Market Speculation

TotalEnergies has no plans to sell its shares in U.S. LNG company NextDecade, the French energy group said on Thursday after market speculation over a potential sale.

Venture Global LNG Explains to FERC Its Failure to Sell Commercial Cargoes

Venture Global LNG has told a U.S. regulator that it cannot meet contracts to provide LNG cargoes to several major customers because its export plant is not yet ready to meet three criteria in the contracts, according to the Federal Energy Regulatory Commission (FERC).

Oil, Gas Lobby Group Warns Against U.S. Slowing Down LNG Approvals

The head of the leading U.S. oil and gas lobby group, the American Petroleum Institute, said that if U.S. regulators slow down or stop approving liquefied natural gas exports, they will put allies at risk.

Vopak Consortium Selected to Operate New LNG Terminal in South Africa

South Africa has selected a Vopak consortium as the preferred bidder to develop and operate an LNG terminal at the Port of Richards Bay for 25 years, state-owned Transnet National Ports Authority said on Wednesday.