Processing/LNG

Slovakia Strikes Supply Deals for LNG, Piped Norwegian Gas

Slovakia's state gas firm SPP has struck deals to buy enough piped Norwegian gas and other shipments of LNG to cover around 65% of the country's demand until the end of next year, Economy Minister Richard Sulik said.

PIT and CNX Resources Partner on Emission Reduction Measures

Natural gas will be used at the airport and transformed into alternative fuel through CNX technology.

Santos CEO: South Korea Needs Australian LNG with Carbon Capture

Santos CEO Kevin Gallagher urged South Korea on Thursday to invest in Australian gas combined with carbon capture and storage to help meet South Korea's needs until 2050.

Sources: Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

Shell is in talks with a consortium of Indian energy companies to sell its stake in a major liquefied natural gas plant in Russia, three sources told Reuters, highlighting India's willingness to step into the space left by Western companies following Moscow's invasion of Ukraine.

Venture Global Decides to Build Louisiana Plaquemines LNG Export Plant

Venture Global has closed on the $13.2 billion project financing for the initial 13.33 million tonnes per annum phase of the project and associated Gator Express pipeline.

Technip, Samsung Engineering JV Bags Texas LNG Work

Texas LNG Brownsville, a four million tons per annum LNG export terminal to be constructed in the Port of Brownsville, Texas, has executed an agreement with Technip Energies USA and Samsung Engineering Co. to lead the delivery of the facility via a joint venture.

Cheniere Inks 20-Year LNG Supply Deal with South Korea's Posco

POSCO International has agreed to purchase roughly 0.4 million tonnes per annum of LNG from Cheniere on a free-on-board basis for a term of 20 years beginning in late 2026.

Sempra Strikes LNG Supply Deal with Germany's Largest Power Producer

Sempra Energy has agreed to sell about 2.25 million tonnes per annum of LNG to Germany's largest power producer, RWE AG, which is trying to wean itself off Russian gas.

German Chancellor: Germany is Keen to Pursue Gas Projects with Senegal

Germany wants to intensively pursue gas and renewable energy projects with Senegal, against the backdrop of the war in Ukraine and its impact on energy and food prices, Chancellor Olaf Scholz said.

Argentina Easing Energy Firms' FX Access to Spur Vaca Muerta Development

Argentina is easing access to foreign currency for oil and gas companies that increase production in the South American country, part of a bid to accelerate the development of the huge Vaca Muerta shale formation and trim reliance on costly imports.

TotalEnergies to Supply LNG for South Korea's Hanwha Energy

TotalEnergies has signed a long-term sale contract with South Korea's Hanwha Energy Corp. for the supply of 600,000 metric tons of liquefied natural gas per year over 15 years, the French energy group said on Tuesday.

Norway's Hammerfest LNG Plant Extends Outage until May 27

Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco said.

Russia Stops Gas Flows to Finland Over Payments Dispute

Russia's Gazprom on Saturday halted gas exports to neighboring Finland, in the latest escalation of an energy payments dispute with Western nations.

Blackstone Unit Acquires 49% Stake in US LNG Facility

Blackstone Inc.'s credit investment unit has bought a 49% stake in an LNG facility in Georgia and Kinder Morgan will continue holding the remaining 51%.

Germany, Qatar Sign Energy Partnership Agreement Focused on Gas

Germany and Qatar have signed a declaration to deepen their energy partnership, with a focus on trade in hydrogen and LNG, as Europe's biggest economy looks for alternative supplies amid Russia's invasion of Ukraine.

Finland Leases Floating LNG Terminal for 10 Years to Break Free from Russian Gas

Finland has agreed to a 10-year charter for a floating storage and regasification vessel with U.S. based Excelerate Energy to help replace Russian gas supply, finance minister Annika Saarikko said on Friday.

Russia to Halt Gas Flows to Finland on Saturday

Russia's Gazprom has informed Finland it will halt flows of natural gas from Saturday morning, Gasum said on Friday, after the Finnish state-owned gas wholesaler refused to pay its Russian supplier in rubles.

ADNOC Awards Fujairah LNG FEED Contract to McDermott

McDermott has been awarded a contract by ADNOC to provide front-end engineering design services for the new Fujairah LNG facility, which is located approximately 155 miles (250 km) from Abu Dhabi, UAE.

EIA Update: Last Year, 14 Liquids Pipeline Projects Completed In US

Last Year, 14 Liquids Pipeline Projects Completed In US, Crude Oil Prices Increased as Global Demand Outpaced Supply and Interstate Gas Pipeline Capacity Additions Decrease in 2021.

Freeport LNG Seeks Extension to Build 4th Liquefaction Train at Texas Plant

Freeport LNG has asked federal regulators to extend the amount of time it has to construct a fourth liquefaction train at its export plant in Texas until August 2028.

Sempra Energy, PGNiG Ink 20-Year LNG Supply Deal

U.S. energy firm Sempra Energy has agreed to sell three million tonnes of LNG each year to Poland's PGNiG from its Cameron LNG Phase 2 project in Louisiana and the Port Arthur LNG project in Texas.

GlobalData: Nigeria to Account for 24% of Oil, Gas Projects Starting Up in Africa by 2026

More than 100 oil and gas projects should commence operations in Nigeria during the next four years, accounting for more than 24% of the predicted total projects starts during that time, predicts GlobalData, a data and analytics company.

Canada In Talks with Repsol, Pieridae Energy About LNG Export Terminals

The Canadian government is in discussion with the companies behind two proposed east coast LNG export facilities to see how it can speed up the projects and help boost supply to Europe.

Latest Venture Global LNG Deals Advance Second Louisiana Facility

The long-term supply deals struck this week with Exxon and Petronas by Venture Global LNG put its second Louisiana LNG facility on the verge of construction and financing approval.

Petronet In Talks with Qatar for LNG Deal Renewal amid Turbulent Markets

India's Petronet LNG has begun talks with Qatar to renew a multiyear gas deal despite market "turbulence", making new long-term contracts difficult as sanctions on Russian fuel have squeezed an already tightly supplied market.

Bulgaria to Receive US LNG Deliveries Starting in June

Bulgaria has agreed to purchase two shipments of U.S. LNG for June and is in talks for a long-term contract for U.S. deliveries after Russia's Gazprom cut off gas supplies to Sofia, Prime Minister Kiril Petkov said on Wednesday.

New Fortress Energy to Charter FSRU for Netherlands LNG Terminal

New Fortress Energy Inc. has agreed to charter a floating storage and regasification unit to Gasunie, which will begin in third-quarter 2022 and provide storage and regasification capacity for Gasunie’s new LNG import terminal in the port Eemshaven, the Netherlands.

Sources: Germany, Qatar At Odds Over LNG Supply Conditions

Germany, which aims to cut its carbon emissions by 88% by 2040, is reluctant to commit to Qatar's conditions to sign deals of at least 20 years to secure the massive LNG volumes it needs to reduce its dependence on Russian gas.

Venture Global Strikes LNG Supply Deal with Exxon's Asia-Pacific Unit

Exxon's Asia Pacific unit will purchase one million tonnes of LNG each year from Venture Global's Plaquemines LNG facility, which is now under construction, and its planned Calcasieu Pass 2 facility. Both are in Louisiana.

Report: LNG Supply Crisis Will Make Landfall in Winter 2022

A LNG crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of Ukraine, as demand will outstrip supply by the end of this year, according to a new report from Rystad Energy.