Processing/LNG
Spain's October Natural Gas Imports Rise 40.6% from October 2020
Spain imported 40.4 GWh of natural gas in October, 40.6% more than during the same month last year, data from Cores, an independent arm of the Energy and Environment Ministry that monitors energy supplies, showed.
Venture Global to Spend Over $10 Billion on Fourth Louisiana LNG Plant
The proposed CP2 facility will be located adjacent to its Calcasieu Pass LNG export plant, which is under construction and could produce first LNG in test mode later this year.
Asian LNG Prices Fall as Import Demand from China Muted
Asia LNG prices fell this week as spot demand from China remained muted despite the start of winter and as natural gas supplies from Russia continued to flow steadily to Germany.
Part 1: Charting the Arctic’s Hydrocarbon Future
Climate change projections are useful for strategic planning by governments, regulatory agencies and the global maritime industry. They are all trying to assess the potential for expanded Arctic marine operations in the coming decades.
Perspective: Natural Gas, LNG Shrug Off Omicron, Fret About Winter Supplies
In contrast to crude oil, natural gas appears to be largely immune to the potential impact of the new coronavirus variant, with prices in three major regions trading more on expectations around winter supply and demand.
Egypt's LNG Exports at Full Capacity After Gas Price Surge
Egypt's natural gas exports are at full capacity of about 1.6 Bcf/d from its two natural gas liquefaction terminals as it seeks to benefit from a surge in international gas prices, Petroleum Minister Tarek El Molla said.
Pembina Nixes Jordan Cove LNG Plant Project in Oregon
A unit of Canadian energy company Pembina Pipeline Corp. told U.S. energy regulators that it would not move forward with its proposed Jordan Cove LNG export plant in Oregon.
Greece Teams Up With Egypt on Gas Supply, Infrastructure
Greece and Egypt agreed to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.
Tanzania GDP to Expand 5.2% in 2022 From Estimated 5% in 2021
The finance minister said the 2022/23 budget would focus on construction of a standard gauge railway, a 2,115-MW hydropower dam in eastern Tanzania, a crude oil pipeline from Uganda and an LNG processing plant.
Morocco's Options After Algeria Ends Gas Supply
Morocco says the immediate impact of Algeria ending gas supplies through a pipeline is "insignificant,” but it has not said how it will make up any shortfall while it adopts long-term plans to boost renewables and import LNG.
Algeria Aims for Over 30% Share of European Gas Market
Algerian Energy Minister Mohamed Arkab said his country was seeking to increase its share of the European gas market to over the current 30%, state news agency APS reported.
Liquid Leak Shuts Britain's Easington Gas Processing Terminal, Norway Flows Unaffected
Britain's Easington gas processing terminal was fully shut down on Monday after a liquid leak was detected, British Gas said, but the flow of gas from Norway was unaffected, according to pipeline operator Gassco.
Spain's Enagas Frees Up Extra Space for LNG to Stabilize Supply in Volatile Market
Spain's gas system operator Enagas has sold extra space for LNG deliveries this winter in a bid to stabilize supply as voracious global demand forces up energy prices.
Hungry for Fuel, China Looks to the US, Europe Eyes Relief Plans
China's energy crisis deepened on Friday with coal prices hitting a record high as cold weather sweeps in and soaring gas prices prompting major energy companies to seek long-term deals with U.S. suppliers.
Singapore LNG Scouts for Spot Cargoes as Electricity Futures Surge
Singapore LNG Corp is making inquiries about buying LNG cargoes from the spot market, a rare move for the operator of the city-state's LNG terminal, industry sources said.
Berkshire Hathaway Maryland Cove Point LNG Export Plant Exits Outage
During the three weeks that Cove Point was shut, the amount of pipeline gas flowing to U.S. export plants fell to around 10.1 bcfd from about 10.5 bcfd during the prior 30 days.
Alaska Says its Planned LNG Project will Help Asia Cut Carbon Emissions
Alaska Gasline Development Corp. said that its proposed liquefied natural gas export project would reduce greenhouse gas emissions in Asia by allowing power generators to use a cleaner fuel than coal.
Stonepeak to Buy Teekay LNG in $6.2 Billion Deal to Tap Surging Gas Demand
Stonepeak is offering $17 per unit, which represents a premium of 8.3% to the closing price of Teekay LNG's common units on Oct. 1. Excluding Teekay's debt, the deal is for $1.5 billion, and the companies expect to close the deal by the end of 2021.
U.S. NatGas Futures Rise on Cooler Weather, Rising Heating Demand
U.S. natural gas futures climbed to a one-week high on Friday as some parts of the country start to crank up their heaters with the coming of cooler weather and as near record global gas prices keep demand for U.S. LNG exports high.
Cheniere Louisiana Sabine 6 LNG Export Unit Moves Closer to Entering Service
U.S. energy regulators on Wednesday gave Cheniere Energy Inc. permission to introduce feedgas to commission parts of the sixth liquefaction train at the U.S. LNG company's Sabine Pass LNG export plant in Louisiana.
Manufacturers Urge DOE to Require Reduction in LNG Export Rates
The Industrial Energy Consumers of America sent a letter urging the U.S. Department of Energy to take immediate action to prevent a supply crisis and price spikes for consumers this winter.
Maryland Cove Point LNG Export Plant to Start Work Next Week
Officials at Berkshire Hathaway Energy on Wednesday confirmed the pipeline and compressor station maintenance will start on Sept. 20 but would not confirm the shutdown of the liquefaction plant until about the day before an outage.
Texas Freeport LNG Export Plant Shut During Tropical Storm Nicholas
U.S. LNG company Freeport LNG said on Tuesday all three liquefaction trains at its Freeport LNG export plant in Texas shut, likely due to power outages from Tropical Storm Nicholas.
Enbridge’s Cameron Extension Pipeline Project Nearing Completion
Texas Eastern Transmission’s Cameron Extension pipeline project in southwestern Louisiana is on track to be mechanically complete in October, leading to a November in-service, an Enbridge spokesperson said.
EIA Reports: US LNG Exports Grew to Record Highs in First Half of 2021
U.S. exports of LNG continued to grow in the first six months of 2021, averaging 9.6 Bcf/d. This average marks an increase of 42%, or 2.8 Bcf/d, compared with the same period in 2020 (according to the Department of Energy’s LNG Monthly reports, based on shipping data from Bloomberg Finance.)
China's LNG Import Surge to Cool in Winter as High Prices Bite
Pipeline gas will continue to ramp up to provide a supply cushion during winter, which includes supplies from Russia, which is scheduled to increase the amount of gas pumped via the Power of Siberia pipeline by 50% by the end of the year versus August levels.
Perspective: Demand Only One Side of LNG Price Surge, Supply Cut by Outages
That the price of spot cargoes is at the highest for this time of year since 2013 has been largely put down to robust demand from top importers such as China, and a determination among buyers to ensure natural gas stocks are adequate for the upcoming northern hemisphere winter.
Australia Faces ‘Precarious’ Gas Supply in 2022, Watchdog Warns
Australia's southern states could face a gas shortfall in 2022 unless LNG exporters offer more gas into the domestic market, the Australian Competition and Consumer Commission said.
Russia's Sakhalin Energy Says Maintenance Continues at LNG Train 2
Russian LNG producer Sakhalin Energy said post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.
New Fortress Energy to Provide Natural Gas to Unigel’s Brazilian Fertilizer Plants
The supply of gas from NFE’s Suape and Sergipe LNG terminals in Brazil’s northeast will connect Unigel’s operations to the global LNG and natural gas markets as well as significantly reduce pipeline transportation charges.
- 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
