Projects

Projects March 2022

Cheniere Substantially Completes Sabine Pass Train 6, US Unveils $1.15 Billion for Abandoned Oil, Gas Well Cleanup, Shell Reroutes Oil Supplies after Cyberattack on German Firm and more.

Denmark Resumes Construction of Norway-Poland Gas Link

Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a nine-month hiatus

Canada Looking at Boosting Oil Pipeline Flows to US, Says Minister

Canada is studying ways to increase pipeline utilization to boost crude exports to the U.S., with the aim of helping European countries that phase out imports of Russian oil.

CERAWeek: No Short-Term Solution for European Gas Crisis, Says Tellurian CEO

Europeans are very lucky that it was a warm winter, panelists said at a CERAWeek session on Wednesday, referring to an ongoing natural gas crisis that start long before Russia invaded Ukraine.

Cheniere and Engie Increase Volume, Extend Term of LNG Agreement

Under the agreement, Engie has agreed to purchase approximately 0.9 MTPA of LNG from Cheniere on a free-on-board basis for a term of approximately 20 years, which began in September 2021.

Perspective: Security for US and Europe Begins with New Energy Policy

It is high time that the U.S. forges a new energy policy, based on facts and common sense. Before Tuesday’s decision to halt the import of Russian oil and gas, the Biden Administration had put more sanctions on U.S. oil and gas than on Russian oil and gas.

Russian Gas Continues to Flow into Europe on Main Pipeline Routes

Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels.

TC Energy Offers 10% Stake in Coastal Gaslink Project to Indigenous Groups

TC Energy signed an option agreement to sell 10% stake in Coastal GasLink to Indigenous communities, in an attempt to give more authority to the groups who traditionally held the land for the pipeline project.

Germany's Uniper to Record Full Impairment Loss on Nord Stream 2 Loan

Berlin has halted the Nord Stream 2 Baltic Sea pipeline project, which would have doubled Russian gas flows to Germany, following Russia's invasion of Ukraine, which Moscow calls a "special operation".

Cheniere Signs EPC Contract for Corpus Christi Stage III Project

The Corpus Christi Stage III Project will consist of up to seven midscale trains, each with an expected liquefaction capacity of approximately 1.49 MTPA with a total production capacity of more than 10 MTPA.

US Prepared to Move Alone in Banning Russian Oil Imports

The Biden administration is willing to move ahead with a ban on Russian oil imports into the United States without the participation of allies in Europe, after Russia's invasion of Ukraine.

Gas Pipeline in Eastern Ukraine Damaged by Russian Fighting, Local Governor Says

Ukrainian engineers scrambled to repair a gas pipeline damaged by Russian forces, halting supplies to parts of southeastern Ukraine, the Donetsk region governor Pavlo Kyrylenko said.

Exxon Sues US Over Taxes Related to Gas Project in Qatar

Exxon Mobil Corp. filed a suit against the U.S. seeking a partial refund of $2.1 billion in taxes and penalties tied to a Middle East gas project in Qatar, according to a filing in U.S. district court in Dallas.

Nord Stream 1 Says Gas Supplies to Europe Via Pipeline Continue

The operator of the operational Nord Stream 1 undersea gas pipeline from Russia to Germany said that transportation of natural gas to Europe was continuing normally.

Cowboy Midstream Plans New Crude Offload Terminal

Construction activities are underway, and Cowboy expects the new terminal to be ready for crude oil receipt and transportation April 2022.

German Chancellor: It was the Right Time to Halt Nord Stream 2

The halt of the Nord Stream 2 gas pipeline, which was supposed to bring additional gas from Russia to Germany, came at exactly the right time, German Chancellor Olaf Scholz said.

US Senators to Grill Regulators over Climate Policy on Natural Gas Projects

Top U.S. senators will grill Democratic energy regulators who approved guidelines for new natural gas projects that allow consideration of environmental justice, landowner and climate issues.

South Africa's Gigajoule to Import First LNG Cargo at New Mozambique Terminal by Mid-2025

The LNG terminal is expected to receive its first shipments of gas to a permanently moored floating storage and regasification unit in Matola harbor by mid-2025.

Russian Gas Flows Via Yamal Pipeline to Germany Halt, Bids Remain

Russian gas accounts for some 40% of European gas demand, while the Yamal-Europe pipeline usually accounts for about 15% of Russia's westbound supply of gas to Europe and Turkey.

TotalEnergies Could Lose S.Africa License If No Output Plan by Sept

TotalEnergies could see its license to develop a major offshore South African gas find scrapped if it does not submit a production plan by September.

Wintershall Dea Stops Payments to Russia, Writes Off $1.1 Billion Nord Stream 2 Loan

Wintershall Dea will stop payments to Russia and write off its 1 billion euro ($1.1 billion) financing in the Nord Stream 2 gas pipeline, which was suspended last week.

TotalEnergies Joins JV to Develop Offshore Wind Farm in California

TotalEnergies has joined the Castle Wind joint venture for the development of a 1 GW offshore wind project off the coast of Morro Bay, off the Central California Coast.

Exxon to Exit Russia, Leaving $4 Billion in Assets

The decision will see Exxon pull out of managing large oil and gas production facilities in Russia's Far East and puts the fate of a proposed multibillion-dollar LNG facility there in doubt.

EPIC Midstream Pioneers with Industry Leading ESG Standards for Pipeline Monitoring

EPIC’s cutting edge environmental and safety protections are possible through using fiber optics to monitor over 1,600 miles of its crude and NGL pipelines.

Nord Stream 2 AG Says Its Mobile, Fixed Network Lines Not Reachable, Shuts Website

The operator of the Russian Nord Stream 2 gas pipeline said its mobile and fixed network lines were not reachable for the time being and it had shut down its website amid hacking attacks.

Italy's Eni to Sell Stake in Blue Stream Pipeline Co-owned with Gazprom

Italian energy group Eni said it planned to sell its stake in the Blue Stream pipeline carrying Russian gas to Turkey that it co-owns with Russia's Gazprom.

Nord Stream 2 Owner Considers Insolvency After Pipeline Halt, Sanctions

The Swiss-based company is considering filing for insolvency as it attempts to settle claims ahead of a U.S. sanction deadline for other entities to stop dealings with it.

Ukraine’s Oil and Gas Industry Supplies Only a Small Part of the Country’s Needs

Two major pipeline systems carry Russian gas through Ukraine to Western Europe. The Bratstvo pipeline crosses from Ukraine to Slovakia and the Soyuz pipeline links Russia’s pipelines to natural gas networks in central Asia.

Eastbound Gas Flows to Poland Resume Via Yamal-Europe Pipeline

A section of the Russian Yamal-Europe pipeline resumed eastbound gas delivery to Poland following normal, westbound supplies overnight, data from German network operator Gascade showed.

Neptune Energy Aims to Store More Carbon than it Emits by 2030

Neptune Energy announced its aim to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.