Processing/LNG
LNG Suppliers Flood Market with Excess Spot Cargoes as Demand Shrinks
Major LNG suppliers around the world are flooding the market with spot cargoes driving prices down even further as demand dries up due to the coronavirus pandemic.
Indian LNG Importers Issue Force Majeure — Sources
Several Indian LNG importers have issued force majeure notices after the country has shut down to help prevent the spread of the coronavirus.
PetroChina to Seek Price Talks with Gas Suppliers as Coronavirus Hits Demand
PetroChina is looking to renegotiate gas prices with several global suppliers, as well as a transfer of pipeline assets, amid plunging gas demand due to the coronavirus pandemic.
China to Resume U.S. LPG Imports as Beijing Waives Trade-War Tariff — Sources
China has once again begun buying U.S. LPG as the government waived tariffs as part of the U.S.-China trade deal.
Sempra Energy to Continue with Costa Azul LNG Project
Sempra Energy is planning to continue with its plans to build the first phase of its Costa Azul LNG Export Project in Mexico even as the coronavirus pandemic suppresses worldwide energy demands.
UAE's SNOC Gas Project Startup Delayed
UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.
Pipeline Shares Sink on Oil Decline, Coronavirus Impact
It’s a common refrain among investors that “a rising tide lifts all boats,” meaning the share prices of similar companies tend to act in unison. Unfortunately, that’s equally true of falling tides, as demonstrated by the performance of North American midstream equities in recent weeks.
Shell, INOX India Sign MoU for LNG Distribution
Shell has signed a Memorandum of Understanding with India's INOX to deliver LNG to customers not connected to distribution pipelines.
FERC Approves Pembina Jordan Cove LNG Export Project
U.S. regulators have approved the Jordan Cove LNG export project.
ONEOK Suspends Expansion Projects Amid Oil Price Collapse
ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.
State Awaits Final EIS after Answering Final Questions from FERC
With an additional 2,000 pages of charts, data, maps and explanations, the state-led Alaska liquid natural gas (LNG) team finished out 2019 by answering the last batch of questions from federal regulators for the project’s final environmental impact statement (EIS).
Alaska LNG Passes Major Permitting Milestone, Hurdles Remain
A U.S. energy regulatory report for Alaska Gasline Development Corp's proposed Alaska liquefied natural gas project found it would provide economic benefits to the state but could cause some significant adverse environmental impacts.
Cameron LNG Train 2 Begins Commercial Operation
McDermott International, Inc. has announced the beginning of commercial operation of Train 2 at Cameron LNG, which is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd. and Japan LNG Investment, LLC., following its substantial completion.
Meritage Midstream Commissions New Natural Gas Plant in Powder River Basin
Meritage Midstream announced that its subsidiary, Thunder Creek Gas Services, LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.
PetroChina Suspends Gas Contracts as Coronavirus Hits Demand — Sources
PetroChina has suspended some natural gas imports, including LNG and pipeline gas, as a seasonal plunge in demand adds to the impact on consumption from the coronavirus outbreak.
Tellurian Looking to Cut Costs Amid Weak LNG Demand
Liquefied natural gas (LNG) producer Tellurian Inc said on Monday that it planned to cut spending and was seeking to extend the maturity date of a loan, as it looks to cope with weak demand and low prices for the fuel.
ExxonMobil, Indian Oil, Chart Industries to Develop Virtual Gas Pipelines for India
Chart Industries, Inc. has signed a Letter of Cooperation with ExxonMobil India LNG, and Indian Oil Corporation to develop virtual LNG pipelines in India.
Venture Global LNG Enters 20-year Supply Deal with Électricité de France
Venture Global LNG Inc said on Tuesday it has entered a 20 year agreement with Électricité de France S.A. (EDF) to supply one million tonnes per annum (MTPA) of liquefied natural gas from its Plaquemines LNG facility in Louisiana.
Cheniere Says Too Early to Gauge Impact of Coronavirus on LNG Market
Cheniere Energy Inc, the biggest U.S. liquefied natural gas company, said on Tuesday it does not expect “significant or prolonged curtailment of U.S. LNG production” as low global gas prices cause some customers to cancel cargoes.
Saudi Aramco Launches Largest Shale Gas Development Outside U.S.
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.
AG&P Breaks Ground on LNG Terminal in India; Plans Two More
Singapore-based AG&P just broke ground in India on its first LNG terminal and says it is confident in financing for two more within the next two years.
Energy Transfer Signs NGL Transportation, Processing Agreement
Energy Transfer LP said on Wednesday it signed agreements with an undisclosed company for the gathering, processing, transportation and fractionation of natural gas liquids (NGLs) in the Eagle Ford shale basin through 2034, and the Delaware basin through 2040.
India Nears Record Imports as LNG Prices Slump on Virus Impact
India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China.
Gas Prices Fall to Lowest Level Since 2016, Lowest February Prices in 20 Years - EIA
New data released last week by the U.S. Energy Information Administration (EIA) reveals that LNG prices reached their lowest February closing price for the near-month contract in almost 20 years.
Qatar Delays Natural Gas Partnership Expansion Amid Price Collapse — Sources
Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.
FERC Weighs Plan to Build Pacific Connector Pipeline in Oregon
The Federal Energy Regulatory Commission is set to decide this week on a proposed natural gas pipeline and marine export terminal in Oregon that is likely set up a court battle over state's rights if approved.
US Firms Want to Expanded Portugal's Sines Port for LNG - Energy Secretary
American companies have a strong interest in expanding Portugal's deepwater port of Sines due to its strategic position for liquefied natural gas (LNG) exports to Europe, U.S. Energy Secretary Dan Brouillette said on Wednesday.
NextDecade’s Rio Grande LNG Receives Non-FTA Export Authorization
NextDecade Corporation has announced that the U.S. Department of Energy has issued an order granting authorization to export liquefied natural gas from its Rio Grande LNG facility to non-free trade agreement (non-FTA) countries.
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. The infrastructure project brings approximately $1 billion foreign direct investment for the Central American nation, making it the largest private investment ever in the country, EDP said.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- TC Energy’s North Baja Pipeline Expansion Brings Mexico Closer to LNG Exports
