Processing/LNG
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.
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.
Spain's Gas Imports Rise 16% Driven by Seaborne LNG Purchases
Spain's natural gas imports in March rose 16% from a year earlier, driven by more purchases of seaborne LNG, government data showed on Monday.
Sempra Sees Decision on New Cameron LNG Train in Louisiana in 2023
Sempra said in its first quarter earnings release that Cameron LNG plans to complete development work on the fourth liquefaction train in 2023 and plans to make a final investment decision afterwards.
Bulgaria and Greece Plan Joint Gas Purchases for Southeast Europe
Bulgaria and Greece have agreed to seek joint gas deliveries for southeastern Europe and decrease its reliance on Russian gas amid the war in Ukraine, Bulgarian Energy Minister Alexander Nikolov said.
Germany Ramps Up Capacity for LNG Imports to Replace Russian Gas
Germany took steps to ramp up LNG imports on Thursday as it moves away from piped Russian supply, renting four floating storage and regasification units and choosing the North Sea port of Wilhelmshaven as the first handling hub.
China's CNOOC Awards $2.4 Billion in LNG Tanker Building Contracts
China National Offshore Oil Company (CNOOC) has awarded $2.42 billion worth of contracts to build 12 LNG tankers and each tanker will be able to carry up to 174,000 cubic meters of LNG.
Greece, Bulgaria to Build New LNG Terminal to Help Cut Reliance on Russia
A new LNG facility to be built off the northern Greek port of Alexandroupolis and carry gas to the shore via a 28-km long pipeline is expected to help create a new gas route for Europe and cut reliance on Russian gas.
Energy Transfer to Supply LNG to SK Gas in 18-Year Deal
Energy Transfer LP has executed a long-term sale and purchase agreement (SPA) with SK Gas Trading LLC for the supply of 0.4 million tonnes per annum (MTPA) of LNG from Energy Transfer’s Lake Charles LNG export facility.
Coterra, Devon Study New LNG Opportunities
Shale producers Coterra Energy and Devon Energy on Tuesday said they were evaluating new opportunities tied to LNG but warned of a "crowded" market and challenging economics.
Energy Transfer, Gunvor Ink 20-Year LNG Supply Deal
U.S. pipeline company Energy Transfer LP will supply two million tonnes of LNG per annum to the Singapore unit of trading house Gunvor Group Ltd. as part of a 20-year deal signed on Monday.
NextDecade Executes 15-Year US LNG Deal with France’s Engie
NextDecade Corp. announced the execution of a 15-year sale and purchase agreement with Engie SA for the supply of LNG from NextDecade’s Rio Grande LNG export project (RGLNG) in Brownsville, Texas.
Origin Energy's Revenue from APLNG Project Jumps 78% on Strong Prices
Australia's Origin Energy posted a 78% jump in third-quarter revenue on Friday from its stake in the Australia Pacific LNG (APLNG) project due to higher spot LNG prices and realized oil prices.
- 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
