Processing/LNG
Inpex Executive Says Global LNG Oversupply to Continue into Mid-2020
Oversupply in the global market for liquefied natural gas (LNG) could extend until the middle of the year but then ease as demand from southeast Asia and India picks up, an executive from Japanese oil and gas firm Inpex Corp. told Reuters.
Oil, Gas Imports into China Tumble in Wake of Virus
Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor purchase agreements, trade sources said.
Petronet LNG, Tellurian to Sign $2.5 Billion U.S. Gas Deal This Month
India's top gas importer Petronet LNG and U.S. liquefied natural gas (LNG) developer Tellurian Inc are preparing to sign a $2.5 billion deal during President Donald Trump's maiden visit to New Delhi later this month, two sources familiar with the matter said.
LNG, the 'Champagne' of Fuels, Should Enjoy Its Beer Moment
It's been an extremely weak start to the new decade for LNG with spot prices in Asia falling to more than 10-year lows, but it's not all doom and gloom for an industry that sees itself as part of the solution to climate change.
Qatar Rejects India Proposal to Delink LNG Deals from Crude
India wants Qatar to delink the price of its imported gas from that of oil under long-term deals to make supplies cheaper, India's oil minister said, but Qatar isn't interested in renegotiating.
Pembina Withdraws Jordan Cove Application, Holds Out for Federal Approval
Pembina Pipeline Corporation (Pembina) has withdrawn its application for a state permit for the Jordan Cover natural gas pipeline and export terminal in Oregon.
Cameron Seeks More Time to Build Second Phase at Louisiana LNG Plant
Cameron LNG asked U.S. energy regulators for a 72-month extension until May 2026 to build the second phase of the joint venture’s Cameron liquefied natural gas (LNG) export plant in Louisiana.
Cheniere Becomes First Global Producer to Export 1000th LNG Cargo
Cheniere Energy has announced that it has produced and exported its 1000th cargo of liquefied natural gas (LNG).
Enterprise Begins Service at Natural Gas Processing Plant in East Texas
Enterprise Products Partners announced that it recently began operations at its new Bulldog cryogenic natural gas processing plant (previously referred to as the “Panola 3 gas plant”) in Panola County, Texas.
Enbridge-Annova LNG Deal to Expand Valley Crossing Pipeline
Enbridge's Valley Crossing Pipeline will be expanded along with the construction of a nine-mile lateral to supply natural gas for Annova LNG’s Brownsville, Texas, export facility, under an agreement announced Wednesday.
PETRONAS Signs 12-Year LNG Deal With Shenergy
PETRONAS has signed a Heads of Agreement (HOA) with Shenergy Group Company Limited (Shenergy) to supply approximately 1.5 MTPA of liquefied natural gas (LNG) to its Wuhaogou receiving terminal in China.
Freeport LNG Starts Commercial Operation of Train 2
Freeport LNG announced it has launched commercial operation of the second liquefaction train at its three-train facility, with initial gas deliveries from BP under a 20-year agreement.
FERC Approves Site Prep for Tellurian’s Driftwood Project
U.S. energy regulators approved Tellurian Inc’s request to start site preparation work at its proposed $27.5 billion Driftwood liquefied natural gas (LNG) export project in Louisiana.
Billion-Dollar LNG Project in Southern Mozambique Expected in 2020
A final investment decision on a $3.15 billion LNG project near Mozambique’s capital will be taken around the middle of 2020, France’s Total and its partners in the project said after signing an agreement to develop the project.
Vessel Loadings Show Record US LNG Exports
U.S. exports of LNG set two consecutive records in October and November 2019, according to U.S. Energy Information Administration estimates. LNG exports averaged 5.8 Bcf/d with 52 exported cargoes in October and 6.3 Bcf/d with 55 exported cargoes in November, EIA reported, citing Bloomberg Finance shipping data.
Long Time Coming: Power Of Siberia Delivers First Gas
The 1,865-mile (3,000-km) Power of Siberia $9 billion gas pipeline is set to become the longest transmission pipeline, east of the Ural Mountains, with its first delivery in mid-December. It will transmit 61 Bcm of natural gas a year from Irkutsk and Yakutia to Russia’s Far East, bringing vital energy for the economic development of the Russian side of the Amur River and onward.
Energy Web Atlas Launches EWA Techlink to Enhance Data Offering
Gulf Energy Information, a leading provider of market intelligence and technical information for the international energy industry, today announced the availability of EWA TechLink, a new spatial research tool pairing comprehensive technical content with detailed project data.
NOAA: Jordan Cove LNG Project Would Have Minimal Environmental Impact
Federal authorities have suggested the environmental impact of the proposed Jordan Cove LNG terminal and pipeline in southern Oregon would be minimal, saying the contentious project wouldn’t jeopardize protected species or adversely change their critical habitat.
Fourth Unit at Kinder Morgan's Georgia Elba LNG Export Plant Ready for Service
Kinder Morgan Inc asked U.S. energy regulators for permission to put the fourth liquefaction train in service at its nearly $2 billion Elba Island liquefied natural gas (LNG) export plant in Georgia.
Gassco Urges Norway to Build New Arctic Pipeline
Pipeline system operator Gassco is urging Norway to construct a new pipeline or LNG plant to boost its gas exports from the Arctic.
Outrigger Expands in Williston Basin With Commitment from XTO
Outrigger Energy II signed a long-term gathering and processing agreement to service XTO Energy's natural gas production in Williams County, ND.
Tumbleweed Acquires Ladder Creek Helium Plant, System from DCP
Newly established Tumbleweed Midstream announced it has acquired the Ladder Creek Helium Plant and its associated 730-mile gathering system in eastern Colorado from DCP Midstream.
U.S. Department of Energy Awards $25 Million to Improve Natural Gas Operations
The U.S. Department of Energy (DOE) has selected 16 projects to receive nearly $25 million in federal funding for cost-shared projects to advance natural gas infrastructure technology development.
Qatar to Supply Kuwait with 3 Million Tons of LNG a Year
State-run Qatar Petroleum (QP) said on Sunday it had signed a 15-year agreement to supply Kuwait with up to 3 million tons of liquefied natural gas (LNG) per year.
Cameron LNG Facility Begins Production At Train 2
Sempra LNG said its Cameron LNG facility in Louisiana has begun producing LNG from the second liquefaction train of the export facility, fewer than five months after its first train started commercial operations in August.
EDP Closes Financing for El Salvador LNG-to-Power Project
Energía del Pacífico (EDP) said it has completed project financing for the LNG-to-power project currently under construction at the Port of Acajutla, El Salvador. It is the largest private investment ever made in the country, EDP said.
EPA Recommends Alternative for Alaska’s Cook Inlet Pipeline Crossing
Filings from federal, state and municipal agencies, environmental and business groups and the public piled in on the last two days for comment on the Alaska LNG project’s draft environmental impact statement.
Japan's LNG Demand to Rise During Reactor Upgrades
Japanese utilities face hundreds of millions of dollars in extra fuel costs in 2020 as they buy in extra LNG and coal while nearly half the country's working nuclear reactors go off-line for government-ordered security upgrades.
First Pipe Segments Delivered for Canada's Coastal GasLink Project
TC Energy said the first segments of pipe for its Coastal GasLink pipeline project have been delivered to storage sites in Kitimat and Chetwynd, British Columbia, in anticipation of construction ramp-up next year for the 416-mile (670-km) project.
Orsted Divests LNG Business to Glencore
Danish energy group Orsted said on Wednesday it has agreed to divest its liquefied natural gas business to trading house Glencore.
- 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