Gas storage

Trafigura Secures $400 Million Loan Facility to Purchase LNG from US Exporters

Commodity trader Trafigura on Wednesday said it has secured two revolving credit facilities totaling $400 million, supported by insurance from the Export-Import Bank of the United States.

416-Mile Coastal GasLink Pipeline Project 98% Complete

(P&GJ) — TC Energy’s Coastal GasLink pipeline project is 98% complete, signaling the culmination of a significant milestone in the development of the 670-km (416-mile) pipeline, according to the company’s September construction update.

Moldova Will No Longer Buy Gas from Russia's Gazprom

Much of Moldova will no longer buy gas from Russian energy giant Gazprom, Moldovan Energy Minister Victor Parlicov said on Monday, referring to parts of the country that capital Chisinau controlled and not breakaway areas.

Turkey's BOTAS to Supply 2 Million Cubic Meters of Gas to Moldova Starting in October

Turkey's state gas grid operator BOTAS said on Thursday it had signed a deal to supply Moldova with 2 million cubic meters of natural gas per day from October, in the second such agreement announced by the operator in as many days.

Cheniere Energy's Gas Intake at Texas LNG Plant Down for Fifth Day

Gas flows to Cheniere Energy's Corpus Christi, Texas, LNG export plant on Friday were reduced for a fifth consecutive day, according to data provider LSEG.

Joint Venture to Establish First LNG Ship Bunkering Hub in U.S. Gulf

A joint venture is developing the first dedicated LNG bunkering facility for ships in the U.S. Gulf amid efforts by the maritime industry to find cleaner fuel solutions, executives said on Thursday.

Woodside Needs New Seismic Approval for Scarborough Gas Project

Australia's federal court on Thursday halted approval for Woodside to conduct seismic blasting under the seabed for its $12 billion Scarborough gas project after a legal challenge by an Indigenous woman.

Saudi Aramco to Acquire Stake in EIG's MidOcean Energy for LNG Expansion

Saudi Arabia's oil group Aramco said on Thursday it had agreed to acquire a strategic minority stake in LNG company MidOcean Energy for $500 million, with an option to increase the size of the shareholding.

CEPS Secures Deal for Net4Gas; Adds 2,485 Miles of Gas Pipelines to Portfolio

The Czech government approved a plan for state-controlled electricity transmission grid operator CEPS to acquire natural gas transmission system operator Net4Gas, which operates nearly 4,000 km (2,485 miles) of pipelines shipping gas to and from Germany and Slovakia and for domestic consumption.

Shell and Trinidad's National Gas Company Sign New Supply Agreement

Shell Plc on Friday signed an agreement to supply Trinidad and Tobago's National Gas Company (NGC) with natural gas through 2036, including from the yet-to-be developed Manatee offshore field, according to the state gas company.

Mexico's First LNG Plant to Receive Final Piece in Days

The last major piece of infrastructure needed to start production at Mexico's first floating LNG plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.

Sources: Sinopec Buys Over 30 LNG Cargoes for Winter Demand, Trading

China's Sinopec Corp has bought more than 30 cargoes of LNG via a tender for October 2023 to the end of 2024 to cover Chinese winter demand and boost the supply pool for trading, traders said.

Former CFO of Russian Natural Gas Firm Novatek Sentenced to 7 Years in US Prison

A former deputy chief of Russian natural gas producer Novatek was sentenced on Thursday to seven years and two months in a U.S. prison for a scheme to hide millions of dollars of income in undisclosed Swiss bank accounts and submitting a false filing.

Germany Expands LNG Regasification Capacity with New Terminals

A new LNG terminal at Mukran on Ruegen Island in the German Baltic Sea should be operational from the first quarter of 2024, Gascade, the pipeline firm building its onshore connection, said.

How Emissions Are Measured: Gas Concentration vs. Emission Rate

(P&GJ) — The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) proposed a rule in May that included significant measures to reduce emissions from pipelines and other midstream infrastructure.

Japan's Mitsui to Comply with Arctic LNG 2-Related U.S. Sanctions

Japan's Mitsui said on Saturday it is committed to complying with restrictions in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 liquefied natural gas project in which it holds a stake.

Budget Bill Permitting Provisions Slight Natural Gas Industry

(P&GJ) — The natural gas industry greeted the permitting reform bill Congress passed and President Biden signed with something short of enthusiasm to say the least.

Sources: Disagreements Delay Russian Gas Hub Plans in Turkey

Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.

ConocoPhillips Signs 15-Year LNG Deal at Gate Terminal in Netherlands

ConocoPhillips has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.

US Contacts Oil Producers, Refiners as Gasoline Prices Rise

The head of the White House Council of Economic Advisers said that the U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies during rising gasoline prices.

Freeport LNG Gas Intake Cut for a Fourth Day to About a Third

Freeport LNG's natural gas intake on Tuesday remained well below capacity for a fourth day, at about 695 million cubic feet per day (MMcf/d), or about a third of its normal rate, according to LSEG data.

North Africa Will Be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.

EIA: US Regains Crown as World's Largest LNG Exporter

The U.S. regained its crown as the world's largest exporter of LNG in the first six months of this year, according to the U.S. Energy Information Agency (EIA).

Freeport LNG Feedgas Flows Drop Sharply, Raising Supply Concerns

Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row on Monday, LSEG data showed.

Russia's Gazprom to Launch Two Amur Gas Processing Lines in 2024

Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year, Vitaly Markelov, deputy head of the company told the Russian TASS news agency on Monday.

Tellurian Drops Equity-Ownership Condition for Driftwood LNG Project

Tellurian Inc. will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition, Chairman Charif Souki said this week. The company plans to offer up to 11 million of its 27.6 MTPA output under offtake agreements to get Driftwood across the finish line.

Natural Gas Firm Peyto to Buy Repsol's Canada Unit for $468 Million

Canadian natural gas firm Peyto Exploration & Development has agreed to buy Spanish energy company Repsol's assets in Canada for $468 million, the two companies said in separate statements.

Brazil's Petrobras Signs Agreements with Compagas for Natural Gas Supply

Brazil's state-run oil company Petrobras has signed contracts for the supply of natural gas with gas company Compagas for around $1.28 billion, Compagas told Reuters on Tuesday.

Williams CEO Not Interested in Acquisition of Utility Companies

U.S. energy firm Williams Companies is not interested in three utilities recently bought by Canada's pipeline operator Enbridge as the return rate would be too low, CEO Alan Armstrong said on Wednesday.

Japan's Inpex Interested in Buying US LNG Linked to Henry Hub Prices, CEO Says

Inpex, Japan's top oil and gas producer, is interested in buying LNG from the United States linked to the Henry Hub prices, CEO Takayuki Ueda told Reuters on Wednesday.