Processing/LNG
Venture Global and Baker Hughes Expand LNG Equipment Supply Agreement
(P&GJ) — Venture Global LNG has announced a significant expansion plan to boost its LNG production capacity from 70 million tonnes per annum (MTPA) to over 100 MTPA of LNG export capacity.
Berkshire Hathaway Successfully Acquires Dominion Energy’s 50% Stake in Cove Point LNG
(P&GJ) — Berkshire Hathaway Energy has completed the purchase of Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business, resulting in a total ownership interest of 75%.
Black & Veatch Expects Floating LNG Capacity to More Than Quadruple by 2030
U.S.-based engineering and construction group Black & Veatch (B&V) said on Monday it expects global floating LNG capacity to increase more than four-fold to 46.4 million metric tons per annum (MTPA) by 2030, as they have become competitive with fixed terminals for smaller fields.
MET Group Inks 20-Year LNG Supply Deal with Commonwealth LNG
Switzerland-based energy trader MET Group said on Monday it has signed a preliminary agreement with Commonwealth LNG to buy liquefied natural gas (LNG) from the U.S. company's facility currently under development in Cameron, Louisiana.
Gazprom Drives Over Half of China's Gas Import Surge, CEO Says
Alexei Miller, the chief executive of Russian gas giant Gazprom, said on Thursday that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
Canada's Altagas to Buy Natural Gas Assets from Tidewater for $480 Million
Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 million, the companies said on Thursday.
Argentina's Vaca Muerta Injects Record Gas as New Pipeline Boosts Capacity
Argentina's southern Neuquen province, home to the Vaca Muerta shale formation, has posted a record daily amount of gas injected into the country's pipeline system, topping 100 million cubic meters daily.
US LNG Projects Win Higher Processing Fees as Interest Rates Climb
Long-term buyers of U.S. LNG are willingly agreeing to higher liquefaction fees at newer export projects, according to analysts and developers familiar with the matter.
LNG Imports from Russia Rise, Despite Cuts in Pipeline Gas
European Union countries have increased their imports of LNG from Russia compared with before the Ukraine war, despite the EU's aim to quit Russian fossil fuels within a few years, an analysis by campaigners showed.
Tanzania Names New Energy Minister to Oversee LNG Development
Tanzania President Samia Suluhu Hassan named a new energy minister on Wednesday as part of a cabinet reshuffle, ahead of expected cabinet approval for a $42 billion LNG project.
Tivoli Midstream Acquires 140-Mile Oil Pipeline System from Phillips 66
(P&GJ) — Tivoli Midstream LLC has announced the closing of an acquisition of a crude oil pipeline system in Northern Texas (NTX) from affiliates of Phillips 66. NTX consists of approximately 140 miles of crude oil gathering and transportation pipelines and storage capacity in the Barnett Shale area of Northern Texas.
Australia's Kinetiko Energy in Talks with Sasol on Gas Supply Deal
Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol on a possible supply agreement, Kinetiko’s chief executive said on Monday.
Chevron LNG Workers in Australia Plan Industrial Action from Sept. 7
Unions representing workers at Chevron's two major Australian LNG complexes have said they will take industrial action from Sept. 7, a company spokesperson said on Monday, in an ongoing dispute over pay and conditions.
Commonwealth LNG Partners with Baker Hughes to Enhance Louisiana LNG Facility
(P&GJ) — Commonwealth LNG has signed a strategic agreement with Baker Hughes related to Commonwealth LNG's liquefied natural gas facility under development in Cameron Parish, Louisiana.
Gazprom's First LNG Cargo Via Arctic Destined for China's Jingtang
An LNG cargo from Russia's Gazprom being sent via the Northern Sea Route (NSR) for the first time is destined for the Chinese port of Jingtang, Refinitiv ship tracking data shows.
Asian Buyers May Seek U.S. LNG If Australia Worker Disputes Worsen, Analysts Say
Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather.
Cheniere Energy Strikes LNG Supply Deal with BASF
Cheniere Energy said on Tuesday it would supply 0.8 million tonnes per annum (MTPA) of LNG to Germany's BASF.
China’s LNG Buyers Expand Trading After Adding More US, Qatari Contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
Energy Transfer Seeks New LNG Export License After Extension Denied
Pipeline operator Energy Transfer on Friday requested a new and expedited export license for its proposed Lake Charles LNG plant in Louisiana, according to a filing with the U.S. Department of Energy (DOE).
Hungary to Receive LNG from Qatar Starting in 2027
Hungary can begin to receive shipments of LNG gas from Qatar in 2027, Hungarian Foreign Minister Peter Szijjarto told a news conference on Friday.
Russia's Arctic-2 LNG Set to Start Production During 2023, CNOOC Says
Russia's Arctic-2 LNG project, in which China's CNOOC Ltd. holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said on Friday.
Former Trump Energy Secretary Dan Brouillette Named New President of Utility Lobby Group
Edison Electric Institute has named Dan Brouillette as president starting on Jan. 1, 2024. Brouillette, who currently serves as president of Sempra Infrastructure, said he looks forward to leading the lobby group at a "pivotal point" for the industry.
German Government to Examine Finances of Private LNG Operator
The German government will examine the finances of Deutsche ReGas, the operator of a planned LNG terminal on the Baltic coast opposed by local authorities, it said in a response to a lawmaker seen by Reuters on Thursday.
Abu Dhabi's ADNOC Gas Signs 5-Year LNG Supply Deal with Japex
The deal is valued at between $450 million to $550 million, ADNOC Gas said, without providing LNG volumes or timing for the shipments to start.
Pembina Pipeline Delays Cedar LNG FID to Fourth Quarter 2023
(P&GJ) — Pembina Pipeline Corp. has been granted the permit for its proposed LNG facility by the BC Energy Regulator. Thus, the final investment decision (FID) timeline has been revised to the fourth quarter of 2023, due to ongoing discussions and negotiations involving LNG Canada and Coastal GasLink.
Mexico’s Ambitious LNG Export Goals Rely on US Pipeline Imports
(P&GJ) — If Mexico follows through with construction of all its proposed liquified natural gas export projects, it will become the fourth-largest LNG shipper in the world. Unlike the other countries in that Top 4 list, however, it would be the only one that imports most of the natural gas it ultimately ships.
Permian Operators Look to Carry the Load
(P&GJ) — Midstream projects in the region continue more-or-less undeterred with more than 8 Bcf/d of pipeline capacity planned or under construction from the Permian and Haynesville basins as operators lock in on expanding LNG export markets on the Texas and Louisiana Gulf Coasts.
Australia Regulator Clears Way for Strike Vote at Chevron LNG Plants
Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon LNG facilities if workers vote in favor of such a step, fueling concerns the country's exports could be cut.
Haynesville Riding LNG Wave to Gulf Coast
(P&GJ) — With the primary driver of U.S. natural gas demand growth continuing to be LNG exports, the bottlenecked pipeline takeaway capacity in the gas-rich Marcellus Shale has left the Haynesville shale, along with the Permian Basin, as the two regions with the most consistent midstream growth.
Pavilion Energy, CNOOC Complete First Bunker Delivery to LNG-Powered VLCC
Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first LNG ship-to-ship bunker operation for a very large crude carrier (VLCC) at China's Guangzhou port, the companies said on Thursday.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
