Processing/LNG
Venture Global to Expand LNG Shipments to German Energy Provider EnBW
(P&GJ) — Under the 20-year sales and purchase agreements signed in June 2022, EnBW has increased the quantity of its long-term LNG offtake from Venture Global by an additional 0.5 MTPA from Plaquemines and CP2 LNG.
CEO: TotalEnergies to Continue Shipping Russian LNG as Long as No EU Sanctions
French energy giant TotalEnergies will continue to ship LNG from Russia as long as there are no European sanctions on the fuel, the company's CEO Patrick Pouyanne said on Wednesday, reiterating a previously stated position.
Sources: Shell, Exxon to Win New Roles in Qatar's LNG Expansion
The North Field South expansion is part of Qatar's ambitious drive to consolidate its position as the world's top LNG exporter, with demand for the fuel growing as Europe scrambles to substitute the Russian pipeline gas that made up almost 40% of the continent's imports.
US Producers Boost LNG Exports to Europe Despite Output Constraints
U.S. producers of LNG boosted exports to Europe in September even as a plant outage kept overall shipments below the average for the first eight months of 2022, Refinitiv Eikon data showed on Monday.
Poland's PGNiG Inks 10-Year Capacity Deal with Klaipeda LNG
Polish gas company PGNiG said on Friday it has secured regasification capacity at Lithuania's LNG terminal in Klaipeda in a 10-year deal.
EU Wants New Transaction-Based LNG Benchmark in Bid to Calm Prices
The European Union wants a new transaction-based benchmark for LNG as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
Kinder Morgan Sells Half Its Stake in LNG Facility in Georgia for $565 Million
U.S. pipeline operator Kinder Morgan Inc. said it had sold half its stake in an LNG facility in Georgia to an undisclosed buyer for about $565 million and would use the funds to pay short-term debt and buy back shares.
Qatar Says Inflationary Pressures Impacting Oil, Gas Industry
Qatar's Minister of State for Energy Affairs said on Monday that inflationary pressures have led to rising production costs, delays in investment decisions, and increased policy uncertainty in the oil and gas industry.
Tellurian Says Driftwood LNG Deals with Shell, Vitol Scrapped
The company announced the canceled deals a few days after withdrawing a $1 billion high-yield bond sale that would have funded the initial construction of its proposed multibillion-dollar Driftwood LNG plants in Louisiana.
Report: Santos to Sell 5% Stake in PNG LNG for $1.1 Billion
Santos Ltd. has agreed to sell a 5% stake in PNG LNG to Papua New Guinea's state-owned Kumul Petroleum for $1.1 billion in a deal to be announced on Tuesday, the Australian Financial Review reported late on Monday.
German Utility RWE Inks LNG Deal with ADNOC
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver LNG to Europe's largest economy by the end of December, RWE announced on Sunday.
Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas
Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole LNG terminal near Athens, the country's gas grid operator said on Thursday.
Argentina Readies Legislation to Advance Energy Sector, Including LNG Exports
Argentine President Alberto Fernandez on Wednesday said his government plans in coming days to submit legislation to the national congress that "would give certainty" to energy producers and help advance Argentina's LNG agenda.
Pieridae Advocates for TC Energy’s Pipeline Expansion Plan for Goldboro LNG Project
Pieridae Energy has asked the federal government to help ensure pipeline operator TC Energy would be able secure permits to expand gas supply pipelines in a timely fashion for the Goldboro LNG project, which it said can only go ahead if TC expands capacity on its existing pipeline network.
Sources: RWE, Uniper Close to Long-Term LNG Deals with Qatar
German utilities RWE and Uniper are close to striking long-term deals to buy LNG from Qatar's North Field expansion project to help replace Russian gas, three sources familiar with the matter said.
Portugal to Face Supply Shortage If Nigeria Fails to Deliver All LNG Due
Portugal could face supply problems this winter if it does receive all of the LNG it is due from Nigeria, the European Union country's environment and energy minister said on Monday.
Russia’s Gazprom Loads First Cargo from New Portovaya LNG Plant
Russia's energy giant Gazprom has loaded its first cargo from the Portovaya LNG plant close to the Russia-Finland border, which has a capacity of 1.5 million tonnes per annum.
Eni CEO: Italy Must Increase LNG Capacity in 2023
Descalzi said the state-controlled group, which last year imported about 21 billion cubic meters (Bcm) of gas from Russia out of a total of 29 Bcm imported by Italy, will replace little more than 50% of Moscow's supplies starting from this winter.
Slovak’s SPP Inks LNG Supply Deal with Exxon
Slovakia's national gas importer SPP has signed an LNG supply deal with Exxon Mobil, SPP said on Thursday, as Europe races to secure alternatives to Russian gas.
Activists, Fishermen Argue Rio Grande LNG Terminal Permit is Too Obliging to Industry
Environmental groups and fishermen on Wednesday told a federal appeals court the U.S. government’s permitting for a Gulf Coast natural gas export terminal was too accommodating to industry interests at the expense of wetlands.
Senegal’s President: Phase 2 of Greater Tortue Gas Project Needs $5 Billion
The second phase of Senegal's Greater Tortue Ahmeyim gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal's President Macky Sall said on Thursday.
South East Europe, Balkans Get Ready for US LNG Shipments
(P&GJ) — The 105 Bcf/year (3 Bcm/year) Interconnector Greece Bulgaria (IGB) pipeline is expected, after long delays, to become operational this autumn, allowing Bulgaria to access more LNG via Greece. The timing could not have been better; Gazprom recently cut off all supplies to Bulgaria following Sofia’s refusal to pay for Russian gas in rubles.
Liquid Fuels Production Expected to Grow in Brazil, Canada
In the U.S. Energy Information Administration’s (EIA’s) Short-Term Energy Outlook (STEO), liquid fuels production in Brazil, Canada and China is forecast to increase this year and next, contributing to growth in overall non-OPEC (Organization of the Petroleum Exporting Countries) petroleum production.
Tokyo Gas Inks Long-Term LNG Deal with New Sakhalin-2 Operator
Japan's biggest city gas supplier Tokyo Gas Co Ltd. has signed a long-term contract with a new Russian operator of Sakhalin-2 energy project to buy LNG, a spokesperson for the Japanese company said on Tuesday.
Bulgaria Agrees to Double Reserve Capacity at New Greek LNG Terminal
Bulgaria has reached an agreement in principle to double its reserved capacity at a new LNG facility to be built off the northern Greek port of Alexandroupolis, the interim energy minister said on Monday.
Europe Imported Record Amounts of LNG
The European Union and United Kingdom’s level of liquefied natural gas (LNG) imports set a record high in April 2022, averaging 16.5 Bcf/d (467 MMcm/d) monthly and exceeding 19 Bcf/d (538 MMcm/d) on some days in April.
Pipeline Operator Gail Says India in Talks with Russia to Resume Gas Supply Deal
India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd., the state-run Indian company's chairman said at an annual shareholder meeting on Friday.
Energy Transfer Inks 20-Year LNG Supply Deal with Shell
Energy Transfer LP has entered a 20-year deal to supply 2.1 million tonnes of LNG per year to Shell Plc related to its Lake Charles LNG project, marking the company's sixth LNG agreement in the last five months. This latest deal brings the total amount of LNG contracted from the Lake Charles LNG export facility to nearly 8 MTPA.
Freeport LNG Expects to Resume Partial Operations in November
Freeport LNG Development LP said on Tuesday it expects to resume partial operations at the liquefaction facility in early to mid-November.
Canada Examines Feasibility of Direct LNG Exports to Europe
Canada is exploring ways to see if there is a business case to export LNG directly to Europe from its east coast, Prime Minister Justin Trudeau said on Monday.
- 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
