Business & Markets
Faster, More Fuel Efficient Air Drying Technology Introduced
Recently formed Pipeline Drying International, LLC, of Houston provides air drying of pipelines, stations, LNG tanks or any vessel with its patent-pending Mobile Drying Unit (MDU8000), which produces up to 4,500 cubic feet/minute (cfm) of oil free negative dew point air. This while consuming less than 22 gallons per hour in fuel.
Bear Biologist Upset By Proposed Pipeline Route to LNG Plant
A $5 billion pipeline vital to Premier Christy Clark's plan to revitalize British Columbia's economy through LNG development is facing a tough environmental battle on the north coast. "They can't be allowed to follow that route," grizzly bear biologist Wayne McCrory said last month of the pipeline corridor proposed for the Prince Rupert Gas Transmission Project.
Rosneft, ExxonMobil Start Work On LNG Plant
Rosneft and ExxonMobil have begun preliminary work on a joint LNG plant to be built in the Far East by 2018 by selecting a contractor to complete the design and engineering work. In 2013 and 2014 the companies intend to select liquefaction technology, define basic equipment requirements, complete civil-engineering surveys, and prepare legal documentation.
Contract Award For Floating LNG Terminal
Excelerate Energy awarded UK-based Technica Ltd. an $8 million contract for multi-discipline detailed design and procurement management for the Aguirre Offshore GasPort.
LNG Export Terminal Creates Onshore, Underwater Pipeline Needs
United LNG, an LNG export company converting an offshore import terminal to export LNG, expects to require 300 miles of pipeline to serve the facility’s projected 4 BCF/d capacity once fully functional, according to Director Eric Saenz.
DoE Approves Cove Point LNG Export Terminal
Dominion Resources has won approval from the federal Department of Energy to export LNG from the facility the company wants to add to an existing import terminal in Maryland, the fourth such project authorized by the agency.
First Stage Of Jordan Cove LNG Facility Completed
Black & Veatch and Kiewit completed the FEED work and pre-construction planning activities for the Jordan Cove Liquefaction project. Located in Coos Bay, OR, the facility will utilize Black & Veatch's PRICO LNG technology to produce up to 6 million tons of LNG per year for export.
Lake Charles Exports To Build LNG Liquefaction Project
The Department of Energy conditionally approved Lake Charles LLC’s application to export LNG to countries that do not have free trade agreements (FTA) with the U.S. Lake Charles Exports is a jointly owned subsidiary of BG Group plc, and Southern Union Co. (SUG), a joint venture owned by Energy Transfer Equity LP and Energy Transfer Partners LP.
Study: Henry Hub Volatility To Emerge From U.S. LNG Exports
The price of Henry Hub will become significantly more volatile once U.S. LNG exports begin, and the more export capacity that is approved and built, the greater the volatility will be. This is the central theme of a new study released by PIRA Energy Group, a NYC-based energy market consulting firm.
BG Groups Third FPSO Vessel On-stream In Santos Basin
BG Group announced the start of commercial production from a third floating production, storage and offloading (FPSO) vessel on the Group’s discoveries offshore Brazil in the pre-salt Santos Basin.
Mitsubishi, Tennessee Gas Pipeline Ink U.S. LNG Export Deal
Tennessee Gas Pipeline Co. LLC (TGP), a unit of Kinder Morgan Energy Partners LP, has signed a binding, 20-year firm transportation precedent agreement with Mitsubishi Corp. (MC) of Japan to ship 600,000 Dth/d of natural gas earmarked for the proposed Cameron LNG liquefaction facility in Hackberry, LA, which is slated to begin exports in 2017.
Trelleborg/Saipem Launch LNG Tandem Offloading System
Trelleborg, has teamed up with Saipem to develop a new LNG tandem offloading system. Derived from existing and proven technologies, the latest development in cryogenic LNG floating hoses is set to become a key component in offloading systems for future offshore FLNG projects.
Uneven Energy Transportation Infrastructure Delaying Full Global Benefits Of Shale Gale
Increased natural gas utilization, and to a lesser extent oil development, is being hampered by a lack of market liquidity and spot pricing for the commodities both domestically and abroad. Roadblocks include insufficient pipeline connectivity in North America and into Europe, a dramatic lack of international energy infrastructure in Asia, and the regulatory and environmental delays that prevent the necessary investments from going forward.
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.
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- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
