Processing/LNG

Coterra, Devon Study New LNG Opportunities

Shale producers Coterra Energy and Devon Energy on Tuesday said they were evaluating new opportunities tied to LNG but warned of a "crowded" market and challenging economics.

Energy Transfer, Gunvor Ink 20-Year LNG Supply Deal

U.S. pipeline company Energy Transfer LP will supply two million tonnes of LNG per annum to the Singapore unit of trading house Gunvor Group Ltd. as part of a 20-year deal signed on Monday.

NextDecade Executes 15-Year US LNG Deal with France’s Engie

NextDecade Corp. announced the execution of a 15-year sale and purchase agreement with Engie SA for the supply of LNG from NextDecade’s Rio Grande LNG export project (RGLNG) in Brownsville, Texas.

Origin Energy's Revenue from APLNG Project Jumps 78% on Strong Prices

Australia's Origin Energy posted a 78% jump in third-quarter revenue on Friday from its stake in the Australia Pacific LNG (APLNG) project due to higher spot LNG prices and realized oil prices.

Portugal Plans to Use Sines Port for Shipping LNG to Europe

Portugal plans to double the capacity at Sines port to handle LNG tankers and transfer the LNG on smaller vessels to European countries dependent on piped gas from Russia.

Atlanta Gas Light to Double Capacity with Expansion of Georgia LNG Facility

Atlanta Gas Light announced plans to expand its LNG facility in Cherokee County, Georgia, by adding a second LNG tank at the location, allowing it to double its capacity and stay ahead of projected natural gas demands.

DOE Issues Export Authorizations to LNG Projects in Texas, Louisiana

The U.S. Department of Energy (DOE) has issued two long-term orders authorizing an additional 0.5 Bcf/d of LNG exports from two LNG export projects: Golden Pass LNG in Texas and Magnolia LNG in Louisiana.

Argentina Seeking $10 Billion Investment to Jump-Start LNG Exports

Argentina, battling a deep and costly energy deficit, is looking to attract some $10 billion in private investment to help it jump-start exports of liquefied natural gas (LNG) by 2027.

Argentina Targets LNG Price of $30-32/MMBtu in New Tender

Argentina, racing to secure winter gas supply, is targeting a LNG price of $30-32 per million British thermal units (MMBtu) in a new tender to buy 12 cargoes, the head of the state energy firm directing the process told Reuters.

Floating LNG Terminal to Enter Operation at Start of 2023 in Germany

A floating LNG gas terminal will enter operation at the start of 2023 in the German state of Schleswig-Holstein, feeding 5 billion cubic meters of gas into the German gas grid annually.

S.Africa's Transnet Plans Tender for New Richards Bay LNG Terminal

South Africa's state-owned freight logistics firm Transnet said it will go to the market within weeks for a new LNG terminal to be built at the east coast Richards Bay port by 2026

Gazprom May Lose a Third of Its Gas Exports to Europe in 2022 — Analysts

Gazprom's gas exports to Europe could fall by around a third this year due to the crisis in Ukraine, rivalry with LNG, and plans to switch to ruble payments, analysts said.

Technip Energies Sees 'Complicated' Road Ahead for Russia's Arctic LNG 2 Project

Technip Energies expects the latest European sanctions against Russia to have a more direct impact on the execution of LNG project Arctic LNG 2.

Rising Calls for US LNG to Revive Stalled Export Projects, But at Higher Costs

Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track.

Japan To Boost Investment Role in LNG Projects to Boost Offtake

Japan plans to step up its investment role in projects for LNG, to spur new development and boost fuel offtake by its companies.

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.

Biden Plan to Aid Europe with LNG Poses Risk to US Climate Goals

U.S. President Joe Biden’s plan to expand LNG shipments to Europe to cut the region’s dependence on Russian fuel risks undermining his administration's climate goals.

Excelerate Energy Raises $384 Million in First Major IPO Since Russia-Ukraine War

Excelerate Energy Inc. jumped 17.5% in its market debut on Wednesday, riding on investor demand for companies with exposure to LNG amid the Russia-Ukraine conflict and ending a lull in U.S. capital markets since the invasion.

Eni Signs Egyptian Gas Deal to Unlock LNG Supplies for Europe This Year

The move comes as Italy and Europe step up efforts to find alternative gas imports to cut their reliance on Russian gas as the war in Ukraine escalates.

Dow to Buy Minority Stake in German Energy Hub Constructing LNG Terminal

The investment in Hanseatic Energy Hub GmbH comes after the Biden administration pledged the supply of 15 Bcm of LNG to the European Union this year following Russia's invasion of Ukraine.

TotalEnergies to Hike LNG Production in US with Cameron Expansion

French energy major TotalEnergies SE said it would step up its LNG activities in the U.S. by expanding production at the Cameron site in Louisiana.

OGE Plans Pipeline Link for Wilhelmshaven LNG Terminal

Germany's biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30 km (18 miles) LNG link from a planned terminal at the North Sea port of Wilhelmshaven by the end of the year.

Bolivia Gas Deal to Save $769 Million, Replace LNG Imports

Argentina's new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive LNG.

Spain to Open Idle Liquid Gas Facility as European Storage Base

Spain plans to open a never-before-used LNG plant on its northern coast and dedicate it to receiving and re-exporting fuel to other European countries struggling to break their dependence on gas piped from Russia.

Argentina Seeks Bolivia Gas Boost as LNG Costs Soar — Sources

The South American country is looking for alternative gas supplies after being hit hard by rising LNG costs linked to the war in Ukraine, which threaten to leave it mired a deep energy trade deficit this year.

NextDecade Enters 20-Year LNG Sales Deal with ENN

NextDecade and China's ENN LNG have signed a 20-year sale and purchase agreement for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

Nigeria Urges Partners to Relax Rules for Gas Suppliers to Boost LNG Exports

Nigeria is urging its multinational oil partners to allow third-party suppliers to sell gas to produce LNG at market rates to boost exports in a bid to tap demand in Europe.

Exxon Mobil Suspends Russian Far East LNG Project

Exxon Mobil has suspended its LNG project in Russia's Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions.

Sempra Energy Enters Agreement for Cameron LNG Phase 2

Sempra Energy said its LNG unit has entered into an agreement with affiliates of TotalEnergies, Mitsui & Co., and Japan LNG Investment LLC to increase the capacity of its Cameron LNG Phase 2 export project in Hackberry, Louisiana.

Europe's Appetite for US Gas Fast-Tracks Two New LNG Projects

Two U.S. LNG projects took major steps toward launching this week as Russia's threats to cut energy supplies to Europe drives up demand and prices for the super-chilled fuel.