Gas storage

Shell Resumes Maintenance at Key Norway Gas Terminal

Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement late on Thursday.

Beijing Gas to Start Regasification Terminal in October, Secures Term Contracts

The new terminal, located in Tianjin and connected with the Chinese capital Beijing via a 300-km (186-mile) pipeline, can handle 5 million tonnes of LNG annually.

Trinidad to Restart Idled LNG Unit by Early 2027 Amid Restructuring

Trinidad and Tobago aims to restart an idled LNG unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.

Pipeline Operator Kinder Morgan to Increase Texas Gas Storage Capacity by 6 Bcf

U.S. pipeline operator Kinder Morgan Inc. said on Wednesday it plans to expand the working gas storage capacity at its Markham facility in Matagorda County, Texas, by 6 billion cubic feet (Bcf).

Source: QatarEnergy to Sign Long-Term Asian LNG Supply Deal on Thursday

QatarEnergy will sign a long-term LNG supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.

Air Products Signs $1 Billion Deal for Gas Processing Facility in Uzbekistan

Industrial gases maker Air Products and Chemicals said on Thursday it had signed a $1 billion deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.

Iraq Oil Minister: Saudi Aramco to Develop 400 MMcf/d Iraqi Gas Field

Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said on Thursday.

Caliche Launches Open Season for Expansion Project, Firm Natural Gas Storage in Beaumont

(P&GJ) — Caliche Development Partners II has launched a non-binding open season to solicit natural gas firm storage service to support the development of two additional natural gas storage caverns at Golden Triangle Storage facility in Beaumont, TX.

Finland's Gasum Terminates Gazprom Pipeline Gas Contract

Gasum has terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia. Gazprom ceased pipeline-based natural gas deliveries to Gasum in May 2022 in a dispute over payments, and the two sides had been in talks to resolve the matter.

Australia's Beach Energy Shares Tumble on Waitsia Gas Project Delay

Shares of Beach Energy Ltd. fell nearly 8% on Thursday after the Australian oil and gas explorer said it was no longer prudent to maintain capital expenditure and timing estimates for its $520.93 million Waitsia Stage 2 gas project.

Woodside Open to Talks with Chinese Firms for Scarborough Gas Project

Woodside Energy Group said on Tuesday it is open to talks with Chinese firms to invest in its $12 billion Scarborough LNG project in Australia.

NextEra Partners to Sell Texas, Pennsylvania Gas Pipeline Assets in Renewables Shift

(P&GJ) — Capitalizing on the affordability and demand for significant investments in decarbonizing the U.S. economy, NextEra Energy Partners LP is refocusing on renewable energy. As part of this strategy, the business intends to sell its STX Midstream in the Eagle Ford shale play and Pennsylvania’s Meade natural gas pipeline assets, positioning itself as a fully renewables-based company.

Regional Spotlight: US Consolidates, Expands Ahead of LNG Export Demand

(P&GJ) — U.S. midstream companies would be hard-pressed this year to approach the record earnings that many achieved in 2022, but the sharp decline in oil and natural gas prices from last year’s highs hasn’t blunted their expansion efforts.

An Operator’s Perspective: How to Comply with New US Gas Gathering, ILI Regulations

(P&GJ) —Traditionally, most gas gathering lines were small-diameter, low-pressure systems traversing sparsely populated areas, posing little risk from a business, safety, and environmental perspective. More recently, the volume of gas transported through gathering systems has increased significantly due to the advancements in horizontal drilling and hydraulic fracturing techniques.

Cheniere Inks 19-Year LNG Supply Deal with Korea Southern Power

(P&GJ) — Under the agreement, Korea Southern Power has agreed to purchase approximately 0.4 MTPA of LNG from Cheniere on a delivered ex-ship basis from 2027 through 2046, with a smaller annual quantity to be delivered starting in 2024.

Spotlight on Argentina: Projects to Strengthen Gas Service in Northern Region

(P&GJ) — The government of Argentina decided to accelerate the reversal works of the Northern Gas Pipeline, which will guarantee supply to the entire north of Argentina, as well as allowing for exportation to Chile from the Vaca Muerta.

EU Joint Gas Purchases Demand More Than Matched by Supply Offers

Gas suppliers have made offers to supply more than 13.4 Bcm of gas in the EU's joint gas buying scheme, European Commission Vice-President Maros Sefcovic said on Tuesday. The volume offered would more than cover the 11.6 Bcm of gas that European Union companies have requested in the bloc's first round of joint gas buying.

EIA: US Shale Production Set to Rise to Highest on Record in June

U.S. oil output from the seven biggest shale basins is due to rise in June to the highest on record, data from the Energy Information Administration showed on Monday. Oil output is set to rise by 41,000 barrels per day (bpd) to 9.33 million bpd, the EIA said.

Philippines' Marcos Signs 15-Year Malampaya Gas Contract Renewal

Philippine President Ferdinand Marcos Jr. on Monday signed an agreement extending the production contract for the country's Malampaya natural gas block by 15 years and allowing the operator to drill new wells as it seeks to boost output.

Argentina Seeking New Vaca Muerta Pipeline Work to Move Local Gas Supply

Argentina's government will next week call for bids to reverse the flow of natural gas on a major pipeline designed to transport Vaca Muerta production to the north and center of the country, Economy Minister Sergio Massa said on Friday.

INGAA Responds to Biden Administration Outline of Permitting Reform Priorities

(P&GJ) — "While President Biden and Secretary Granholm have both, at times, acknowledged the prolonged need for natural gas as part of the energy mix to support reliability and affordability while contributing to emissions reductions, we were disappointed to see almost no mention of natural gas or its related infrastructure in the Administration’s new Permitting Reform Priorities Fact Sheet," said Amy Andryszak, president and CEO of INGAA.

Texas Waha Natural Gas Prices Turn Negative on Low Spring Demand

Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into negative territory as pipeline maintenance prevented some gas from leaving the basin and mild spring weather reduced demand for the fuel.

EU Joint Gas Buying Scheme Attracts Demand From 65 Firms

More than 60 companies have submitted demands to buy gas through the European Union's scheme for joint purchases, with the bloc aiming for the first deals to be signed within months.

PetroVietnam Gas Gets Country's First LNG Import-Export Approval

PetroVietnam Gas said on Monday it had received a certificate from local authorities to become the country's first company eligible to import and export LNG.

EOG Resources May Delay Some Dorado Gas Wells in Texas Due to Low Prices

U.S. shale producer EOG Resources on Friday said it may delay some well completions in its Dorado natural gas play in Texas due to a low-price environment.

Denmark, Sweden Sign Solidarity Agreement on Gas Supply

Denmark and Sweden have signed an agreement on mutual support in case of gas shortages, the energy authorities of the two countries said on Monday.

New Fortress Energy Could Install Fast LNG Units Onshore at Altamira, Mexico

U.S. energy company New Fortress Energy Inc. said on Thursday it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.

Timor Gap CEO Expects Great Sunrise Gas Project Decision by November

The head of East Timor's national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.

Mexico Pacific to Pump $14 Billion Into Building Natural Gas Pipeline

Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 billion, Mexican President Andres Manuel Lopez Obrador and his office said on Tuesday.

INGAA Urges Action on Permitting Reform Citing Natural Gas Council Letter

(P&GJ) — Amy Andryszak, president & CEO of the Interstate Natural Gas Association of America (INGAA) issued the following statement about the Natural Gas Council’s letter to Senate leadership on permitting reform.