Processing/LNG
Mitsui Says Russia's Sakhalin-2 Gas Project Can Cope Without Shell
The Sakhalin-2 LNG project in Russia has enough technical expertise to operate even without departed shareholder Shell, Mitsui & Co. CEO Kenichi Hori said on Wednesday.
US Regulators Want More Data on Texas Freeport LNG Plant Before Restart
U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its LNG export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for review.
US LNG Exports Dip in October, More Cargoes Head to Asia
U.S. LNG exports in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, according to Refinitiv Eikon tanker monitoring data, after a pipeline leak cut supplies from Malaysia.
ICE to Launch Two LNG Futures Contracts by Dec. 5
Intercontinental Exchange Inc. said it plans to launch two LNG futures contracts for northwest and southwest Europe by Dec. 5, as talks among EU countries to cap gas prices continue.
New Fortress Energy, CFE Finalize Deal for FLNG Hub Offshore Mexico
(P&GJ) — New Fortress Energy Inc. has finalized its agreements with Comisión Federal de Electricidad (CFE) to create a new FLNG hub off the coast of Altamira, Tamaulipas, with CFE supplying requisite feedgas to multiple NFE FLNG units using CFE’s existing and underutilized pipeline capacity.
Factbox: Germany's LNG Import Project Plans
Germany is acquiring LNG terminals as part of its efforts to diversify away from Russian gas. Here is a snapshot of known LNG project activity in Germany.
Japan Asks Malaysia's Petronas to Help Customers after LNG Disruption
Japanese industry minister Yasutoshi Nishimura has asked Petronas CEO Tengku Taufik to continue efforts to mitigate the impact on Japanese customers of its LNG after a disruption at Malaysia LNG.
Higher LNG Exports May Turbocharge US Energy Transition
Sales of U.S. "freedom gas" are on track to smash volume and earnings records in 2022, but the stellar short-term gains for exporters may have long-term consequences for the entire U.S. energy sector due to the resulting higher natural gas prices.
Trinidad Plans LNG Hub to Help Caribbean Wean Off Oil
Trinidad and Tobago's state-owned gas company has started work on designing a small-scale LNG hub that could help the Caribbean move away from oil-based power generation
PHMSA Approves Expansion of Cameron LNG Plant
An expansion of the Cameron LNG liquefied natural gas export plant won approval by a U.S. regulator on Wednesday, advancing development of a fourth gas-chilling unit.
Factbox: Why European Gas Prices Have Been Falling
Despite dwindling Russian gas pipeline supplies, Dutch front-month gas, the European benchmark, has fallen 67% since hitting an all-time high in August to around 100 euros per megawatt hour and is at the lowest level since mid-June.
LNG Ships Wait off Spain's Coast as Higher Prices Eyed
Several ships carrying LNG anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said.
Serbia Plans Nearly $12 Billion in Pipeline, Energy Projects
Serbia's new government plans to invest 12 billion euros ($11.83 billion) in energy projects, including oil and gas pipelines and increased power production capacity, prime minister designate Ana Brnabic told parliament on Tuesday.
U.S. Natgas Gains 5% on Technical Move, LNG Export Forecast
U.S. natural gas futures jumped about 5% after sliding to a fresh seven-month low earlier in the session on a technical rebound and expectations demand would rise as LNG exports increase once export plants exit maintenance outages in coming weeks.
China's Oil Imports Fall as Pipeline Gas, LNG Rebound
China's crude oil imports in September were 2% below their level a year earlier as independent refiners curbed throughput amid thin margins and lackluster demand, but natural gas imports bounced back.
How Germany is Replacing Russian Gas
Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows from Russia since its invasion of Ukraine.
Mozambique to Ship First Batch of LNG Exports to Europe by Early November
Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region.
Italy to Approve New LNG Terminal Next Week
A state-appointed commissioner said on Friday he would give the go-ahead for Italy's new LNG terminal in the Tuscan port of Piombino at the beginning of next week, in time for it to start delivering gas in the spring.
Technip Energies Signs Deal to Fully Exit Arctic LNG 2 Project in 2023
Technip Energies expects to fully exit the liquefied natural gas project Arctic LNG 2 led by Moscow-listed gas producer Novatek next year, the French oil and gas services provider said on Thursday.
Italy Aims for 'Miracle' with LNG Project in Energy Crunch
Italy is invoking the need for energy security in the face of Russian supply cuts to rush through in a matter of months a new LNG terminal – a process that would normally take years due to local objections and permitting.
Dozens of LNG-Laden Ships Queue Off Europe's Coasts Unable to Unload
Dozens of ships carrying LNG circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation".
QatarEnergy Expanding in LNG, Won't Divert Supplies to Europe
QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert LNG contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday.
Finance Minister: Canada Would Back 'Economically Viable' New LNG Terminals
Canada will look at supporting more LNG terminals as long as they are economically feasible because they are needed to keep the world from burning coal again amid the current energy crunch, Finance Minister Chrystia Freeland said on Friday.
US Approves LNG Shipping Waiver for Puerto Rico After Hurricane
The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for LNG after Hurricane Fiona.
China Halts LNG Sales to Foreign Buyers to Ensure Own Supply
China has asked its state-owned gas importers to stop reselling LNG to buyers in Europe and Asia as it seeks to ensure its own supply for the winter season, Bloomberg News reported on Monday.
Brunsbuettel LNG Hub Expected to Be Ready in 2026, Gasunie Says
Dutch gas grid operator Gasunie said its German subsidiary has signed deals related to the development of a new LNG terminal at Brunsbuettel with 8 billion cubic meters of throughput capacity, due to be completed by 2026.
US LNG Exports to Europe Rise During 2022
(P&GJ) — During the first four months of 2022, the United States exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA’s Natural Gas Monthly and EIA estimates.
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand
U.S. oil major Chevron Corp. expects high European prices for LNG to attract a majority of U.S. LNG exports in the short term, a top executive told Reuters on Wednesday.
Eni CEO: Italy Risks Gas Shortage Without New LNG Terminal
Italy could face a gas shortfall of 5-6 billion cubic meters in the winter of 2023-24 without a new regasification terminal, the CEO of energy major Eni Claudio Descalzi said on Tuesday.
Shell Focusing Spending on Gas Infrastructure, Supplying LNG Plants
Shell is focusing its short-term investments on new natural gas infrastructure and boosting supplies to existing LNG plants, an executive 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
