Processing/LNG
First LNG Exports Leave Maryland Terminal
LUSBY, Md. (AP) — A transport shift carrying the first cargo of liquefied natural gas produced for export has left a Maryland terminal. Dominion Energy said in a release that the ship departed Thursday from the Dominion Energy Cove Point LNG terminal, where the newly constructed liquefaction facili..
Exxon Declares Force Majeure on Exports from Papua LNG Project - Source
TOKYO/MELBOURNE (Reuters) – ExxonMobil Corp has declared force majeure on exports from its Papua New Guinea liquefied natural gas (LNG) project, which has been shut since a powerful earthquake on Monday, an industry source familiar with the matter said on Friday. At least 31 people were killed by t..
Two LNG Trains Shut but not Impacted After Papua Quake: Exxon Mobil
(Reuters) – Two liquefied natural gas (LNG) trains shut since Monday have not been affected by a powerful earthquake in the remote Papua New Guinea highlands, an Exxon Mobil company executive said on Wednesday. Specialist engineers have been brought in to assess the impact on the PNG LNG project an..
US LNG Exports Increasing as Facilities Open
In August, total U.S. natural gas liquefaction capacity in the Lower 48 states increased to 2.8 Bcf/d following the completion of the fourth liquefaction unit at the Sabine Pass liquefied natural gas (LNG) terminal in Louisiana. With increasing liquefaction capacity and use, exports averaged 1.9 Bcf..
The End Of The LNG Glut
Predicting Demand is Difficult Many reputable forecasters, who’ve anticipated an LNG supply glut for years, now expect a brief period of surplus at most, and gradual market tightening after 2020. But global demand, which has surprised market watchers to the upside and kept physical markets tight du..
Andeavor Completes Acquisition of Kenai LNG Facility
KENAI, Alaska (AP) — Andeavor has completed its acquisition of the Kenai Liquefied Natural Gas facility. Kenai radio station KSRM , quoting Kenai Peninsula Borough Mayor Charlie Pierce, reports ConocoPhillips sold the plant to the company formerly known as Tesoro for $10 million. The companies had..
BHGE AM '18: Design Challenges of Novatek's Yamal LNG, Arctic LNG 2
FLORENCE—In a keynote speech on Day 2 of the 2018 BHGE Annual Meeting (BHGE AM), Mark Gyetyay, CFO and deputy chairman of the management board of Novatek, discussed the Yamal LNG and Arctic LNG 2 projects in Russia. The execution of the Yamal LNG project, which Gyetyay called “one of the most diffi..
Gulf Publishing’s Energy Web Atlas Releases New Features for Real-Time LNG Intelligence Service
Gulf Publishing Company, a leading provider of data and technical information for the international energy industry, announced today several enhancements to the Energy Web Atlas (EWA) applications. The ESRI-based geographic information system (GIS) platform allows users to examine real-time project ..
Dominion Energy Cove Point Introduces Feed Gas to LNG Facility
Dominion Energy Cove Point announced it has introduced feed gas into its newly constructed natural gas liquefaction facility currently undergoing commissioning in Lusby, Maryland. All major equipment has been operated and is being commissioned as expected following a comprehensive round of testi..
National Grid Proposes New Plan for Liquefied Natural Gas
National Grid proposes moving forward with an LNG pipeline construction project in Rhode Island.
Russian LNG Unfazed By U.S. Sanctions
Russia’s energy industry faces a new round of U.S. sanctions—including on oil projects in any location if a designated entity holds more than 33 percent. And in Europe, where Russia’s gas giant Gazprom currently holds a large share of the gas supplies, Poland and Lithuania are buying U.S. LNG in an ..
LNG Glut To Continue Into 2020s, IEA Says
The world’s LNG market will continue to be oversupplied into the mid-2020s as new supplies continue to outweigh demand, according to the International Energy Agency (IEA). The IEA added that Chinese demand could tighten the market earlier than that. “We will see massive amounts of new LNG capacity..
LNG Becomes A Buyer’s Market
The world’s liquefied natural gas (LNG) market has dramatically changed over the past few years. Continuously growing supply has led to a glut, and the U.S. starting LNG exports has led to more flexible contract terms. LNG trade is increasingly shifting to a buyers’ market, where importers are shapi..
Piped Gas vs. LNG: Competition May Be Heating UP
Historically, the world trade of gas has been dominated by piped gas with first-ever commercial LNG cargo being delivered to the UK from Algeria in 1964. The growth of the fuel was steady, but accelerated when Qatar entered the supply market with huge LNG trains almost 10 years ago. Recent developm..
US Looking to Japan for Help in Boosting LNG Exports to Asia
TOKYO (AP) — The U.S. is keen to work with Japan in expanding exports of U.S. liquefied natural gas in Asia, and hopes for more Japanese investment in American natural gas infrastructure, a senior Department of Energy official said Wednesday. Japan’s trade and industry minister announced Wednesday ..
The U.S. LNG Boom Could Be About To Stall
While speaking before industry executives last June, United States President Donald Trump asserted that he had “ended the war on coal” and that America would be “dominant” in energy. But where does this all stand now? Much of the Trump administration’s hope for achieving dominance requires increasi..
Major Energy Importer Bets $10 Billion On Natural Gas
Much of the attention in energy markets has been focused on OPEC and oil prices lately. But news this week suggests that a different energy commodity is quietly becoming the hottest story going worldwide. That’s natural gas. With the world’s top importing nation — Japan — saying this week it’s abou..
Sabine Pass Train 4 Placed in Service
Cheniere Energy Partners, L.P. has completed the Commissioning of Train 4 associated with the Sabine Pass Liquefaction Project in Cameron Parish, Louisiana. As part of a 20-year sale and purchase agreement (SPA) with GAIL (India) Limited, the first commercial delivery for Train 4 of the Sabine Pass..
LNG Production Starts At Wheatstone
Chevron has announced the start of production at its Wheatstone LNG offshore project in Australia, with exports from the facility due to begin in several weeks. Initial plans had scheduled the first cargo for mid-2017, Reuters recalls. Wheatstone consists of two liquefaction trains that are togethe..
CH2M Wins Pipeline Contract in Africa
CH2M receives contract for a pipeline construction project in Africa.
Another U.S. LNG Export Project To Come Online In Q4
Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, and several have released recent updates on their operations. Cove Point on schedule to become second U.S. project t..
Qatar Uses Saudi Strategy To Conquer LNG Markets
Qatar holds the third largest natural gas reserves in the world behind Iran and Russia. The country’s offshore region is host to the largest natural gas field in the world, which is split between Qatar and Iran in the Arabian Gulf: The North Dome/South Pars field. Qatar’s offshore waters hold the No..
API Study: Increased NatGas Exports Boosts Jobs, Accelerates Economic Growth
API has released a new study showing that increased exports of clean and abundant U.S. natural gas (in the form of liquefied natural gas or LNG) could support between 220,000 and 452,000 additional American jobs and add up to $73 billion to the U.S. economy by 2040. The study, conducted by ICF Inter..
Gulf Publishing Company Launches LNG Intelligence Service for Energy Industry
Gulf Publishing Company, a leading media company and provider of market data for the international energy industry, launches today the Energy Web Atlas to provide the downstream energy sector with easy access to information about the Liquefied Natural Gas (LNG) industry. A real-time project informa..
Report: Global LNG Market to Reach Nearly $21 Billion by 2025
According to a new report from Grand View Research, Inc., the global LNG market is expected to reach 20.6 billion by 2025, growing at a CAGR of 12.7%. Reasons given for this growth include: A rising focus on development and expanding gas pipeline infrastructure and growing demand for natural gas..
Natural Gas and LNG: Future of Electricity
The International Energy Agency (IEA) reports that 1.2 billion people, or 17% of the world’s population, has no access to electricity. About 38% or 2.7 billion lack clean cooking facilities. “More than 95% of these people are either in sub-Saharan Africa or developing Asia, and around 80% are in rur..
Houston’s Energy Sector Confident Of A Quick Recovery
After devastating Houston and other parts of southeast Texas and continuing on to Louisiana, the hurricane known as Harvey put a spotlight on the rising role of the Gulf of Mexico in the global energy sector. The most powerful storm to hit Texas in half a century has already resulted in reduced shal..
Lithuania Takes Delivery of US LNG to Cut Reliance on Moscow
KLAIPEDA, Lithuania (AP) — Lithuania has taken delivery of its first shipment of liquefied natural gas from the United States, a milestone that the Baltic state hopes will further reduce its reliance on Russia. Independence, the U.S.-based tanker, docked Monday in the port of Klaipeda to offload so..
Is Boone Pickens Wrong On Natural Gas?
Bloomberg is attempting to make the case that Tesla’s CEO Elon Musk and cheap gasoline prices have driven natural gas away as an economically viable vehicle fuel. But that does not seem to be the case if you look at the role compressed natural gas (CNG) and liquefied natural gas (LNG) has been playi..
Russia May Break Gazprom Monopoly To Stimulate LNG
A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing the protocol from a July 6 meeting of the commission. The global rise in LNG as a replacement for na..
- 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
