Processing/LNG

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.

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.

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