Processing/LNG
Australia Facing Hiatus In LNG Development
At APPEA 2013, Wood Mackenzie's head of Australia Upstream Consulting, Andrew McManus, warned Australia faces a hiatus in LNG projects as the focus of buyers has turned to the U.S., where he said customers can find potentially lower-cost, more flexible LNG and the opportunity to diversify supply portfolios.
Domestically Produced LNG Approved For Export
The U.S. Department of Energy has conditionally authorized Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC to export domestically produced LNG to countries that do not have a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal on Quintana Island, TX.
Audubon Awarded Dominion LNG Liquefaction Contract
Audubon Engineering was named Owner's Engineer for the proposed Dominion Cove Point LNG construction project, located in Lusby, MD on Chesapeake Bay.
Lithuania LNG Terminal Plan Delayed
Lithuanian state-controlled energy terminal operator Klaipedos Nafta delayed approval of a contractor to build a link to connect its planned LNG terminal to the distribution grid pending a probe of the tender terms. This could hold back launch of the gas platform in late 2014.
Rosneft, Japanese Firm Plan LNG Projects
Rosneft and Japan's Marubeni Corp. signed a memorandum of cooperation to implement LNG projects and the development of oil and gas fields.
FEED Completed For Lavaca Bay LNG Facility
Excelerate Energy completed its front-end engineering and design (FEED) work for the 4.4 million ton per annum (mtpa) dockside liquefaction facility to be located in the Texas Gulf Coast.
Japan Putting Lid On Payments
Alarmed by the 13.4% jump in its natural gas import bill last year, Japan is planning a new energy strategy that could change how LNG is traded around the world and put pressure on some of the proposed Canadian LNG export projects.
Encana, Ferus LNG Plan Fuel Plant In Western Canada
Encana Corp. and Ferus LNG Inc. plan to build an LNG production facility near Grande Prairie, Alberta.
Port Of Lake Charles To Lease 90 Acres For LNG Export Facility
Port of Lake Charles Commissioners approved an option for a long-term lease agreement on 90 acres with Magnolia LNG, an Australian-based energy company that plans to build a $2.2 billion export facility that will produce 4 million metric tons of LNG per year.
Jibson Glows With Optimism Over Natural Gas Prospects
The facts and figures bear out that natural gas is THE product of the decade and with the Shale Gas Revolution barely underway, it’s just getting started. For the industry in the United States, which is leading the development, production and transportation of this valuable and environmentally friendly fuel, there has never been a more exciting time to be in the business.
World FLNG Market Forecast 2013-2019
Increasing gas demand, coupled with the requirement for short- to medium-term import solutions, has seen the floating regasification sector experience rapid growth in recent years. The industry has grown from the Gulf Gateway unit (2005-2012) to ten operational vessels in 2012. Similarly, the floating liquefaction market is gaining traction with the first base load FLNG liquefaction terminal due onstream in 2016.
Gazprom Gets Green Light For Vladivostok LNG Plant
Gazprom’s Management Committee has approved the investment rationale for a new LNG plant near Vladivostok in the far east of Russia.
Wison Announces North American LNG Agreement
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, has finalized an agreement with EDF Trading and Exmar NV to pursue LNG export opportunities in North America using offshore, barge-mounted natural gas liquefaction facilities developed by Exmar, Wison and Black & Veatch.
CH-IV International To Provide FEED Services For LNG Site
Jeffrey P. Beale, president of CH-IV International (CH-IV), said CH-IV International was named owner’s engineer to prepare the FEED for the expansion of Gaz Métro’s LNG production facility in Montreal. Gaz Métro is studying solutions for improving LNG availability in Quebec and eastern Canada, including expanding its Montreal liquefaction, storage and regasification (LSR) plant.
LNG Export Project, Gas-To-Gasoline Facility Planned In Louisiana
Magnolia LNG plans to develop a $2.2 billion NGL production and export facility at the Port of Lake Charles in southwest Louisiana. The company expects to make a final investment decision to move forward with the project in late 2014 after it secures permits and completes financing.
Shell/Kinder Morgan Plan LNG Exports From U.S.
Royal Dutch Shell subsidiary, Shell US Gas & Power LLC, and Southern Liquefaction Company, LLC, a Kinder Morgan company and unit of El Paso Pipeline Partners, L.P., plan to form a limited liability company to develop a natural gas liquefaction plant in two phases at Southern LNG Company LLC’s existing Elba Island LNG Terminal near Savannah, GA.
Pangea LNG Win Approval For LNG Exports To FTA Nations
The U.S. Department of Energy has granted Pangea LNG (North America) Holdings, LLC, long-term, multi-contract authorization to export LNG to free trade agreement (FTA) nations from its South Texas LNG Project in development on Corpus Christi Bay.
Japanese Utilities Boost LNG Use 15%; Oil 70-80%
LNG connsumption by Japan's 10 regional power utilities rose 15% last year as almost all the country's nuclear plants stayed shut. Power companies used an average 7.55 Bcf/d in 2012, up from 6.55 Bcf/d in 2011. LNG consumption increased by 20% in 2011.
Trelleborg Awarded Curtis Island LNG Equipment Contracts
Trelleborg Marine Systems was been awarded three contracts to supply docking and mooring equipment and monitoring software to all three liquefied natural gas (LNG) projects on Queensland’s Curtis Island: Queensland Curtis LNG, Gladstone LNG and Australia Pacific LNG.
Sempra Files Permit To Add Facilities At Louisiana LNG Terminal
Sempra Energy has reached an important milestone to add natural gas liquefaction and export facilities to its existing Cameron LNG terminal in Hackberry, LA, filing its permit application with the Federal Energy Regulatory Commission requesting approval to begin project construction.
Gas Challenges For Japan In Near Term, Improving Later In Decade
The “map” of natural gas around the world is changing dramatically and the consequences will be of great importance for Japan, said IHS Vice Chairman Daniel Yergin.
Jacobs Tapped For Gas Project In Australia
Jacobs Engineering Group Inc. was awarded a contract from Santos GLNG Project in Australia to provide support for its coal seam gas field development. Officials said the duration of the contract is three and a half years with a one-year extension option.
GE Engines Powering First LNG-Fueled Drilling Rigs In Marcellus Shale
To reduce the environmental impacts and improve the economic performance of their U.S. unconventional gas production activities, energy developer Seneca Resources Corp. and drilling partner Ensign Drilling have installed two of GE’s Jenbacher gas engines to power the first LNG-fueled drilling rigs of their kind in the Marcellus Shale region of Pennsylvania.
DOE LNG Report Opens Door To Liquefaction Approvals
The Department of Energy published a report from NERA Economic Consulting which concludes unlimited exports of U.S. LNG will help the U.S. economy, and the greater the exports, the greater the public good.
Industry Veterans Weigh In On Oil And Gas Development Internationally, Post-Election
Increasing production and continuing opportunity for the oil and gas markets were the focus of “A New World of Opportunity,” Deloitte’s 2012 oil and gas conference held Nov. 13 in Houston.
Nova Scotia May Get LNG Export Plant
Pieridae Energy Canada wants to develop an LNG export facility in Goldboro, Nova Scotia.
Western Australia Moves To Develop Gas Resources
Western Australia will allow a joint venture of Buru Energy and Mitsubishi to develop five gas resources in the Canning Basin.
LNG Export Plans Lay Foundation For An Emerging Market
The engineering, procurement and construction (EPC) business has a buzz under way with the advent of a new natural gas industry building boom idling on the sidelines as more than a dozen proposals for federal permits await a decision on the start of a domestic LNG export program. The industry assumption is federal policymakers - regardless of who controls the White House - will give the green light to many of the export projects.
LNG Contracts Require Require Diligence, Caution
As natural gas prices in the United States approach their lowest point in a decade, several companies are in the early stages of developing liquefaction terminals to facilitate LNG exports.[1] Capacity at or output from these facilities is being snapped up by customers and buyers long before the facilities themselves are completed.
Alaska Producers Envision LNG Export Mega Project
Alaska North Slope producers are considering building one of the world's largest and most expensive liquefied natural gas projects, according to a letter the companies sent last month to Gov. Sean Parnell.
- 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
