Processing/LNG
Dozens of LNG-Laden Ships Queue Off Europe's Coasts Unable to Unload
Dozens of ships carrying LNG circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation".
QatarEnergy Expanding in LNG, Won't Divert Supplies to Europe
QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert LNG contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday.
Finance Minister: Canada Would Back 'Economically Viable' New LNG Terminals
Canada will look at supporting more LNG terminals as long as they are economically feasible because they are needed to keep the world from burning coal again amid the current energy crunch, Finance Minister Chrystia Freeland said on Friday.
US Approves LNG Shipping Waiver for Puerto Rico After Hurricane
The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for LNG after Hurricane Fiona.
China Halts LNG Sales to Foreign Buyers to Ensure Own Supply
China has asked its state-owned gas importers to stop reselling LNG to buyers in Europe and Asia as it seeks to ensure its own supply for the winter season, Bloomberg News reported on Monday.
Brunsbuettel LNG Hub Expected to Be Ready in 2026, Gasunie Says
Dutch gas grid operator Gasunie said its German subsidiary has signed deals related to the development of a new LNG terminal at Brunsbuettel with 8 billion cubic meters of throughput capacity, due to be completed by 2026.
US LNG Exports to Europe Rise During 2022
(P&GJ) — During the first four months of 2022, the United States exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA’s Natural Gas Monthly and EIA estimates.
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand
U.S. oil major Chevron Corp. expects high European prices for LNG to attract a majority of U.S. LNG exports in the short term, a top executive told Reuters on Wednesday.
Eni CEO: Italy Risks Gas Shortage Without New LNG Terminal
Italy could face a gas shortfall of 5-6 billion cubic meters in the winter of 2023-24 without a new regasification terminal, the CEO of energy major Eni Claudio Descalzi said on Tuesday.
Shell Focusing Spending on Gas Infrastructure, Supplying LNG Plants
Shell is focusing its short-term investments on new natural gas infrastructure and boosting supplies to existing LNG plants, an executive said on Thursday.
Venture Global to Expand LNG Shipments to German Energy Provider EnBW
(P&GJ) — Under the 20-year sales and purchase agreements signed in June 2022, EnBW has increased the quantity of its long-term LNG offtake from Venture Global by an additional 0.5 MTPA from Plaquemines and CP2 LNG.
CEO: TotalEnergies to Continue Shipping Russian LNG as Long as No EU Sanctions
French energy giant TotalEnergies will continue to ship LNG from Russia as long as there are no European sanctions on the fuel, the company's CEO Patrick Pouyanne said on Wednesday, reiterating a previously stated position.
Sources: Shell, Exxon to Win New Roles in Qatar's LNG Expansion
The North Field South expansion is part of Qatar's ambitious drive to consolidate its position as the world's top LNG exporter, with demand for the fuel growing as Europe scrambles to substitute the Russian pipeline gas that made up almost 40% of the continent's imports.
US Producers Boost LNG Exports to Europe Despite Output Constraints
U.S. producers of LNG boosted exports to Europe in September even as a plant outage kept overall shipments below the average for the first eight months of 2022, Refinitiv Eikon data showed on Monday.
Poland's PGNiG Inks 10-Year Capacity Deal with Klaipeda LNG
Polish gas company PGNiG said on Friday it has secured regasification capacity at Lithuania's LNG terminal in Klaipeda in a 10-year deal.
EU Wants New Transaction-Based LNG Benchmark in Bid to Calm Prices
The European Union wants a new transaction-based benchmark for LNG as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
Kinder Morgan Sells Half Its Stake in LNG Facility in Georgia for $565 Million
U.S. pipeline operator Kinder Morgan Inc. said it had sold half its stake in an LNG facility in Georgia to an undisclosed buyer for about $565 million and would use the funds to pay short-term debt and buy back shares.
Qatar Says Inflationary Pressures Impacting Oil, Gas Industry
Qatar's Minister of State for Energy Affairs said on Monday that inflationary pressures have led to rising production costs, delays in investment decisions, and increased policy uncertainty in the oil and gas industry.
Tellurian Says Driftwood LNG Deals with Shell, Vitol Scrapped
The company announced the canceled deals a few days after withdrawing a $1 billion high-yield bond sale that would have funded the initial construction of its proposed multibillion-dollar Driftwood LNG plants in Louisiana.
Report: Santos to Sell 5% Stake in PNG LNG for $1.1 Billion
Santos Ltd. has agreed to sell a 5% stake in PNG LNG to Papua New Guinea's state-owned Kumul Petroleum for $1.1 billion in a deal to be announced on Tuesday, the Australian Financial Review reported late on Monday.
German Utility RWE Inks LNG Deal with ADNOC
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver LNG to Europe's largest economy by the end of December, RWE announced on Sunday.
Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas
Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole LNG terminal near Athens, the country's gas grid operator said on Thursday.
Argentina Readies Legislation to Advance Energy Sector, Including LNG Exports
Argentine President Alberto Fernandez on Wednesday said his government plans in coming days to submit legislation to the national congress that "would give certainty" to energy producers and help advance Argentina's LNG agenda.
Pieridae Advocates for TC Energy’s Pipeline Expansion Plan for Goldboro LNG Project
Pieridae Energy has asked the federal government to help ensure pipeline operator TC Energy would be able secure permits to expand gas supply pipelines in a timely fashion for the Goldboro LNG project, which it said can only go ahead if TC expands capacity on its existing pipeline network.
Sources: RWE, Uniper Close to Long-Term LNG Deals with Qatar
German utilities RWE and Uniper are close to striking long-term deals to buy LNG from Qatar's North Field expansion project to help replace Russian gas, three sources familiar with the matter said.
Portugal to Face Supply Shortage If Nigeria Fails to Deliver All LNG Due
Portugal could face supply problems this winter if it does receive all of the LNG it is due from Nigeria, the European Union country's environment and energy minister said on Monday.
Russia’s Gazprom Loads First Cargo from New Portovaya LNG Plant
Russia's energy giant Gazprom has loaded its first cargo from the Portovaya LNG plant close to the Russia-Finland border, which has a capacity of 1.5 million tonnes per annum.
Eni CEO: Italy Must Increase LNG Capacity in 2023
Descalzi said the state-controlled group, which last year imported about 21 billion cubic meters (Bcm) of gas from Russia out of a total of 29 Bcm imported by Italy, will replace little more than 50% of Moscow's supplies starting from this winter.
Slovak’s SPP Inks LNG Supply Deal with Exxon
Slovakia's national gas importer SPP has signed an LNG supply deal with Exxon Mobil, SPP said on Thursday, as Europe races to secure alternatives to Russian gas.
Activists, Fishermen Argue Rio Grande LNG Terminal Permit is Too Obliging to Industry
Environmental groups and fishermen on Wednesday told a federal appeals court the U.S. government’s permitting for a Gulf Coast natural gas export terminal was too accommodating to industry interests at the expense of wetlands.
- Repsol Ditches Plans to Develop LNG Terminal on Canada’s East Coast
- Kazakh Oil Decouples from Russian Crude But Risk Weighs on Price
- Pipeline Operator TC Energy Says Stress, Weld Fault Caused Keystone Oil Spill
- US to Sell 26 Million Barrels of Oil Reserves As Mandated by Congress
- Ukraine to Jointly Buy Gas with European Union Countries
- Company Cancels Byhalia Connection Pipeline Project
- US Intelligence Suggests Pro-Ukrainian Group Sabotaged Nord Stream Pipelines -NYT
- EIA: US Natural Gas Output to Hit Record High in 2023, Demand to Fall
- US Regulator Orders Lower Pressure on Keystone Pipeline System After Spill
- US Carbon Pipeline Faces Setback as Residents Refuse to Cede Land Rights
