Processing/LNG
Portugal Plans to Use Sines Port for Shipping LNG to Europe
Portugal plans to double the capacity at Sines port to handle LNG tankers and transfer the LNG on smaller vessels to European countries dependent on piped gas from Russia.
Atlanta Gas Light to Double Capacity with Expansion of Georgia LNG Facility
Atlanta Gas Light announced plans to expand its LNG facility in Cherokee County, Georgia, by adding a second LNG tank at the location, allowing it to double its capacity and stay ahead of projected natural gas demands.
DOE Issues Export Authorizations to LNG Projects in Texas, Louisiana
The U.S. Department of Energy (DOE) has issued two long-term orders authorizing an additional 0.5 Bcf/d of LNG exports from two LNG export projects: Golden Pass LNG in Texas and Magnolia LNG in Louisiana.
Argentina Seeking $10 Billion Investment to Jump-Start LNG Exports
Argentina, battling a deep and costly energy deficit, is looking to attract some $10 billion in private investment to help it jump-start exports of liquefied natural gas (LNG) by 2027.
Argentina Targets LNG Price of $30-32/MMBtu in New Tender
Argentina, racing to secure winter gas supply, is targeting a LNG price of $30-32 per million British thermal units (MMBtu) in a new tender to buy 12 cargoes, the head of the state energy firm directing the process told Reuters.
Floating LNG Terminal to Enter Operation at Start of 2023 in Germany
A floating LNG gas terminal will enter operation at the start of 2023 in the German state of Schleswig-Holstein, feeding 5 billion cubic meters of gas into the German gas grid annually.
S.Africa's Transnet Plans Tender for New Richards Bay LNG Terminal
South Africa's state-owned freight logistics firm Transnet said it will go to the market within weeks for a new LNG terminal to be built at the east coast Richards Bay port by 2026
Gazprom May Lose a Third of Its Gas Exports to Europe in 2022 — Analysts
Gazprom's gas exports to Europe could fall by around a third this year due to the crisis in Ukraine, rivalry with LNG, and plans to switch to ruble payments, analysts said.
Technip Energies Sees 'Complicated' Road Ahead for Russia's Arctic LNG 2 Project
Technip Energies expects the latest European sanctions against Russia to have a more direct impact on the execution of LNG project Arctic LNG 2.
Rising Calls for US LNG to Revive Stalled Export Projects, But at Higher Costs
Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track.
Japan To Boost Investment Role in LNG Projects to Boost Offtake
Japan plans to step up its investment role in projects for LNG, to spur new development and boost fuel offtake by its companies.
Germany Weighs Leasing Additional Floating LNG Terminal
Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.
Biden Plan to Aid Europe with LNG Poses Risk to US Climate Goals
U.S. President Joe Biden’s plan to expand LNG shipments to Europe to cut the region’s dependence on Russian fuel risks undermining his administration's climate goals.
Excelerate Energy Raises $384 Million in First Major IPO Since Russia-Ukraine War
Excelerate Energy Inc. jumped 17.5% in its market debut on Wednesday, riding on investor demand for companies with exposure to LNG amid the Russia-Ukraine conflict and ending a lull in U.S. capital markets since the invasion.
Eni Signs Egyptian Gas Deal to Unlock LNG Supplies for Europe This Year
The move comes as Italy and Europe step up efforts to find alternative gas imports to cut their reliance on Russian gas as the war in Ukraine escalates.
Dow to Buy Minority Stake in German Energy Hub Constructing LNG Terminal
The investment in Hanseatic Energy Hub GmbH comes after the Biden administration pledged the supply of 15 Bcm of LNG to the European Union this year following Russia's invasion of Ukraine.
TotalEnergies to Hike LNG Production in US with Cameron Expansion
French energy major TotalEnergies SE said it would step up its LNG activities in the U.S. by expanding production at the Cameron site in Louisiana.
OGE Plans Pipeline Link for Wilhelmshaven LNG Terminal
Germany's biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30 km (18 miles) LNG link from a planned terminal at the North Sea port of Wilhelmshaven by the end of the year.
Bolivia Gas Deal to Save $769 Million, Replace LNG Imports
Argentina's new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive LNG.
Spain to Open Idle Liquid Gas Facility as European Storage Base
Spain plans to open a never-before-used LNG plant on its northern coast and dedicate it to receiving and re-exporting fuel to other European countries struggling to break their dependence on gas piped from Russia.
Argentina Seeks Bolivia Gas Boost as LNG Costs Soar — Sources
The South American country is looking for alternative gas supplies after being hit hard by rising LNG costs linked to the war in Ukraine, which threaten to leave it mired a deep energy trade deficit this year.
NextDecade Enters 20-Year LNG Sales Deal with ENN
NextDecade and China's ENN LNG have signed a 20-year sale and purchase agreement for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
Nigeria Urges Partners to Relax Rules for Gas Suppliers to Boost LNG Exports
Nigeria is urging its multinational oil partners to allow third-party suppliers to sell gas to produce LNG at market rates to boost exports in a bid to tap demand in Europe.
Exxon Mobil Suspends Russian Far East LNG Project
Exxon Mobil has suspended its LNG project in Russia's Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions.
Sempra Energy Enters Agreement for Cameron LNG Phase 2
Sempra Energy said its LNG unit has entered into an agreement with affiliates of TotalEnergies, Mitsui & Co., and Japan LNG Investment LLC to increase the capacity of its Cameron LNG Phase 2 export project in Hackberry, Louisiana.
Europe's Appetite for US Gas Fast-Tracks Two New LNG Projects
Two U.S. LNG projects took major steps toward launching this week as Russia's threats to cut energy supplies to Europe drives up demand and prices for the super-chilled fuel.
New Fortress Seeks to Build Offshore Louisiana LNG Plant by Q1 2023
The LNG export project will be located in federal waters offshore Louisiana and will be able to export about 2.8 MTPA of LNG, or almost 0.4 Bcf/d of gas using its "Fast LNG" technology.
TotalEnergies, Sempra to Co-Develop LNG and Renewable Projects
TotalEnergies and Sempra are expanding their North American strategic alliance with the signing of two deals for the Vista Pacífico LNG export project in Mexico and the the co-development of several renewables projects.
Greece Will Review Plans on Additional LNG Cargoes If Russian Gas Flows Stop
The Greek gas grid operator will review its plans on additional cargoes of LNG that Greece might need if Russia stops gas supplies to the country, the energy ministry said.
Energy Transfer, ENN Sign 20-Year Deal for Lake Charles LNG
Lake Charles LNG will be constructed on the existing brownfield regasification facility and will capitalize on four existing LNG storage tanks, two deep water berths and other LNG infrastructure.
- 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
