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Record LNG prices push South Asia nations to ration gas
-1/18/2021 12:59:58 AM
Pakistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot LNG prices surged to record highs, government and industry officials told Reuters.
Panama Canal LNG vessel bottleneck could last until March
-1/15/2021 4:52:25 PM
Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although the canal’s regulator said it had made changes to speed up transit.
Tellurian aims for Louisiana LNG construction start this summer
-1/15/2021 4:49:30 PM
The co-founder of U.S. LNG developer Tellurian said that the company is targeting this summer to begin construction of its $16.8 billion Driftwood LNG export project in Louisiana as demand for the super-cooled fuel surges worldwide
Nord Stream 2 says preparations for construction in Danish waters can go ahead
-1/15/2021 4:47:41 PM
The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead, pointing to the latest notifications by the Danish Maritime Authority.
Total to drop API membership, citing climate and political differences
-1/15/2021 3:36:28 PM
Following a detailed analysis of the climate positions of the American Petroleum Institute (API), Total announces its decision not to renew its membership for 2021.
Oil major invests in carbon capture startup
-1/14/2021 7:56:18 PM
U.S. oil major Chevron Corp said it has invested in Blue Planet Systems Corp, a startup that manufactures and develops carbon capture technology to reduce carbon footprint.
GTT obtains AiP from Bureau Veritas for ultra large container vessels
-1/14/2021 5:13:37 PM
GTT has obtained approval in principle (AiP) for the NO96 membrane containment system for LNG fuel tank application for Ultra Large Container Vessel (ULCV) from Bureau Veritas (BV) classification society.
New Fortress Energy bets on Brazil's LNG growth with Hygo acquisition
-1/14/2021 2:54:25 PM
U.S.-based New Fortress Energy Inc said on Wednesday it would buy natural gas company Hygo Energy Transition Ltd for $2.18 B to expand its presence in Brazil, a frontier for growth in the burgeoning LNG market.
Future of gas in energy transition to be defined in 2021
-1/14/2021 1:57:30 PM
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
COVID-19 and electrification bring hydrocarbon demand peak forward to 2027
-1/14/2021 1:51:21 PM
Aggregate fossil fuel demand is set to peak in 2027 – with oil peaking in 2029 and gas in 2037 – partially due to the impacts of COVID-19, according to new research by McKinsey & Company.
Siemens Gamesa, Siemens Energy to unlock a new era of offshore green hydrogen production
-1/13/2021 6:11:42 PM
Siemens Gamesa and Siemens Energy announced today that they are joining forces combining their ongoing wind-to-hydrogen developments to address one of the major challenges of our decade — decarbonizing the economy to solve the climate crisis.
EIA expects higher wholesale U.S. natural gas prices in 2021, 2022
-1/13/2021 1:47:48 PM
In its January 2021 Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that the annual natural gas spot price at the Henry Hub will rise 0.98¢ /MMBtu to average $3.01/MMBtu in 2021.
Italy's Eni halts Australian sale after bids disappoint
-1/12/2021 10:40:46 PM
Italian oil and gas group Eni has put on hold the sale of Australian gas assets it values at around $1 B, confirming a press report.
Brazil's Petrobras says 2020 nat gas, oil output averaged record 2.84 MMbpd
-1/12/2021 10:12:58 PM
According to a securities filing, Brazil's state-run oil company Petrolero Brasileiro SA produced a record 2.84 MMbpd on average in 2020.
Neptune Energy awards $6.5MM contracts for Cygnus gas facility
-1/12/2021 6:37:56 PM
Neptune Energy announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork for $6.5MM.
Gulf Energy Information launches H2Tech journal for the hydrogen community
-1/12/2021 2:02:34 PM
Gulf Energy Information ("Gulf") announces the launch of H2Tech, a working technology journal for the hydrogen sector that will be published quarterly in 2021.
Sharjah National Oil Corporation launches Gas Storage Project
-1/11/2021 3:37:00 PM
Sharjah National Oil Corporation (SNOC) has announced the start-up of its new gas storage project. This follows a small-scale pilot phase using existing infrastructure that has been running since early 2017.
Ukraine gas pipeline explodes, no casualties, transit unaffected
-1/11/2021 4:09:16 AM
Part of a gas pipeline exploded in central Ukraine on Saturday but there were no casualties or injuries and gas transit to Europe was not affected, officials said.
Taiwan starts receiving LNG from Cheniere, to get 30 shipments annually
-1/11/2021 4:03:04 AM
Taiwan’s state-owned CPC Corp began on Sunday receiving LNG cargoes from Cheniere Energy Inc under a 25 year deal signed with the U.S. company in 2018, and will get around 30 shipments annually.
Asian spot prices rise to record high
-1/8/2021 6:21:56 PM
Asian spot prices for LNG jumped nearly 50% this week to a record high, based on available data going back to 2009, as logistical issues disrupt supply to the world’s top consuming region.
Ghana receives offshore LNG terminal in first for sub-Saharan Africa
-1/8/2021 4:08:02 PM
Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.
Methanex provides update on Trinidad operations
-1/8/2021 3:28:31 PM
Methanex Corporation announced that it expects its Titan methanol facility in Trinidad (875,000 annual operating capacity) will remain idled indefinitely.
Japan power generators facing LNG shortage amid supply crunch, cold weather
-1/8/2021 2:51:07 PM
JERA, Japan’s biggest electricity generator and the world’s largest buyer of LNG, is operating gas-power plants at lower rates as it runs down inventories amid rising heating demand as temperatures drop.
Nikkiso Cryogenic Industries Group Sells Turboexpander Business Line to Air Liquide
-1/7/2021 5:26:13 PM
Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group, part of Nikkiso Co., Ltd (Japan), announces the sale of its Turboexpander Business Line to Air Liquide.
TEMA LNG closer to operation as regasification unit arrives in Ghana
-1/7/2021 3:58:22 PM
Tema LNG’s floating regasification unit (FRU) arrived in Ghana on 7 January 2021, allowing Tema LNG Terminal Company (TLTC) to start delivering LNG to customers through its energy terminal in the first quarter of 2021.

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Editorial Comment
-Adrienne Blume
The IEA’s “Global Gas Security Review2020” report, released in October, projects that global gas demand will fall by 3%, or 120 Bm3, in 2020—the largest drop on record.
Industry Focus: COVID-19 stokes competition for Europe’s LNG market
-Eugene Gerden
The level of competition in the global LNG market is rising as major producers look to increase their shares in a market severely weakened by the COVID-19 pandemic.
Regional Focus: Mega-project in the FSU: Ongoing development of the Shah Deniz gas field
-Gordon Feller
Multiple billions of dollars have been invested to develop the Shah Deniz gas field.
Safety and Sustainability: A new standard of safety for onshore passive fire protection
-Richard Holliday
The onshore energy and petrochemicals sector is defined by the strength of its safety culture, but it has only recently begun moving toward adoption of the highest fire protection standards.

GasPro 2.0: A Webcast Symposium

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Following the successful GasPro Webcast Symposium in October 2019, the third GasPro Webcast Symposium will take place on October 21, 2020.

The 2019 webcast drew attendees from around the world, with more than 80% of the audience working in company management or engineering divisions.

The 2020 web event will gather experts in the fields of LNG, gas processing and process safety to share market, operations and engineering technology and trends with our audience.

Attendees of the 2020 webcast will learn about market solutions and technology deployments in a number of areas: LNG delivery infrastructure, small-scale desulfurization for NGL, H2S removal for gas treating, process safety for safety instrumented systems, small-scale LNG project design, and advances in freeze component removal for LNG.

October 21, 2020 08:30 AM CDT

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