Gas storage

EU Proposes Permanent Scheme for Joint Gas Purchases

The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed, and officials told Reuters.

Israel, Cyprus and Greece Mull Energy Pacts to Tap Regional Gas

The leaders of Israel, Greece and Cyprus pledged to deepen their energy cooperation on Monday and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.

Aliso Canyon to Store More Gas to Prevent Winter Price Spikes

California's utilities regulator on Thursday raised the inventory level of Aliso Canyon natural gas storage to prevent price spikes seen last winter, while seeking to wean the state off the facility that in 2015 caused the biggest gas leak in U.S. history.

Gazprom Drives Over Half of China's Gas Import Surge, CEO Says

Alexei Miller, the chief executive of Russian gas giant Gazprom, said on Thursday that the company accounts for more than half the increase in China's gas imports this year, without providing figures.

Canada's Altagas to Buy Natural Gas Assets from Tidewater for $480 Million

Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 million, the companies said on Thursday.

Williams to Complete US Natural Gas Pipelines by 2024

(P&GJ) — Iowa regulators consider permits for the 'largest' CO2 pipeline; Williams is on track to complete two gas pipeline projects by the end of 2024; Pinnacle Midstream has doubled its Midland basin processing capacity, and more!

Australia's Kinetiko Energy in Talks with Sasol on Gas Supply Deal

Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol on a possible supply agreement, Kinetiko’s chief executive said on Monday.

Equitrans Provides Root Analysis for 2022 Gas Leak at Pennsylvania Storage Facility

(P&GJ) — Equitrans Midstream Corp. has submitted information to the Pipeline and Hazardous Materials Safety Administration (PHMSA) regarding the root cause investigation and analysis related to the Rager Mountain Storage facility incident that occurred in November 2022.

EU to Open Third Round of Joint Gas Buying in September

The European Union will open its third round of joint gas buying next month, as the bloc moves to secure supplies in preparation for another winter with scarce Russian gas.

Cheniere Energy Strikes LNG Supply Deal with BASF

Cheniere Energy said on Tuesday it would supply 0.8 million tonnes per annum (MTPA) of LNG to Germany's BASF.

Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal

The $7.1 billion deal will see Energy Transfer add about 2 billion cubic feet per day (Bcf/d) of gas-gathering capacity, 1.4 Bcf/d of gas-processing capacity and 340,000 barrels per day (bpd) of crude-gathering capacity.

Permian Operators Look to Carry the Load

(P&GJ) — Midstream projects in the region continue more-or-less undeterred with more than 8 Bcf/d of pipeline capacity planned or under construction from the Permian and Haynesville basins as operators lock in on expanding LNG export markets on the Texas and Louisiana Gulf Coasts.

ADNOC Gas Awards $3.6 Billion Contract to Expand UAE Gas Processing

State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said on Wednesday it awarded a $3.6 billion contract to expand its gas processing infrastructure in the United Arab Emirates.

Israel Energy Minister Backs More Natural Gas Exports

Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and an ongoing debate on whether the gas should be kept for domestic use.

Venture Global LNG's Calcasieu Pass 2 Project Gets Final U.S. Environmental Nod

Venture Global LNG's proposed Calcasieu Pass 2 project in Louisiana has received FERC's environmental approval, clearing the way for a final vote by the commission on expanding the company's natural gas liquefaction facility.

Maryland Cove Point LNG Feedgas Drops After TC Energy’s Gas Pipe Explodes in Virginia

The shutdown of part of Canadian energy company TC Energy's Columbia Gas Transmission Pipeline in Virginia after a fire on Tuesday has reduced the amount of gas flowing to the Cove Point LNG export plant in Maryland, the plant told customers.

Venezuela Expects to Sign Gas Licenses by Year-End, Oil Minister Says

Venezuelan expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions.

Wary of 2022 Crisis, Asian Buyers to Build Strategic Gas Reserves

Governments across Asia are formulating strategic natural gas reserve policies, building new terminals and storage tanks as buffers against supply disruptions following last year's energy crisis that sent global prices soaring to a record high.

Vietnam Approves $11.4 Billion Plan to Expand Fuel Storage Capacity by 2030

The investment would raise the country's crude oil and refined fuel storage capacity to 75 to 80 days of net imports, according to the plan signed by Deputy Prime Minister Tran Hong Ha on Tuesday.

Global Construction Update: LNG Markets, Resurgent China Kindle Pipeline Projects

(PGJ) — Global midstream markets continue to face near-term headwinds and economic uncertainties, but Europe’s rapid transition from Russian energy and projected higher demand in Asia continue to drive midstream expansion in those regions and others that supply them.

Editor’s Notebook: Alaska’s Long Road Back

(P&GJ) — With the Biden administration’s recent approval of exports from a proposed LNG project and the rejection of a lawsuit challenging construction of related infrastructure, prospects may again be looking up again for the Final Frontier.

World’s Top LNG Players Push for More, But Greener, Gas Investments

Current investments in gas infrastructure are falling short of what is needed, officials at an industry conference in Japan said on Wednesday, citing the role they say the fuel has to play in both global energy security and the transition to net zero.

Tuscan LNG Terminal to Be Moved Offshore by 2026

An LNG vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.

Indian Oil Signs Long Term LNG Import Deals with ADNOC LNG, TotalEnergies

Indian Oil Corp., the country's top refiner, has signed long-term LNG import deals with United Arab Emirates' s Abu Dhabi Gas Liquefaction Co. Ltd. (ADNOC LNG) and France's TotalEnergies.

Energy Transfer Signs Deals for Louisiana Lake Charles Export Plant

The agreements come even though the U.S. Department of Energy has so far refused to extend Lake Charles' authorization to sell LNG to non-Free Trade Agreement (FTA) countries beyond December 2025.

TC Energy Urges Canada to Speed Permits for Energy Transition Projects

TC Energy has more than 20,000 kilometers (14,300 miles) of pipeline in western Canada that could be repurposed to carry carbon dioxide for sequestration underground or transport low-emissions hydrogen, CEO Francois Poirier said.

NextDecade Makes Final Investment Decision on Rio Grande LNG Phase 1

Liquefied natural gas (LNG) firm NextDecade said on Wednesday it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at its Rio Grande LNG export facility.

EIA: Appalachian Natural Gas Output Stagnated in 2022 on Pennsylvania Declines

Natural gas production in the Appalachian Basin, which accounts for a majority of U.S. output, was nearly flat last year as drilling efficiency at Pennsylvania's wells dropped for the first time since 2013, the U.S. Energy Information Administration (EIA) said on Wednesday.

Qatar Expects Record Volume of LNG Offtake Signings This Year

About 40% of new global LNG output will come from Qatar by 2029, said Minister of Energy Saad al-Kaabi at the LNG 2023 conference. The country last year approved expansion projects that will boost its LNG output by 64% to 126 million tons per year by 2027.

Pinnacle Midstream to Double Midland Basin Processing Capacity

(P&GJ) — Houston-based Pinnacle Midstream II on Tuesday announced it has reached a final investment decision (FID) to expand its operations in the gas-rich Midland Basin with the construction of a 220 MMcf/d natural gas processing plant.