liquefaction

New Fortress Energy receives non-FTA approval for its Mexico FLNG project

New Fortress Energy Inc. announced that it has received authorization from the United States Department of Energy to export up to ~1.4 MMtpy of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore Altamira, Mexico for a term of five years.

North American LNG capacity to more than double by 2028

North America’s LNG export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcfd) in 2023 to 24.4 Bcfd in 2028, if projects currently under construction begin operations as planned.

Golden Pass LNG asks U.S. regulator for 3-yr extension to complete construction

The developer of a Texas liquefied natural gas export project on Wednesday asked U.S. regulators for a three-year extension to complete construction of the $10-B Golden Pass LNG project, citing scheduling uncertainties. Golden Pass LNG, a joint venture of QatarEnergy and ExxonMobil building an 18-MMtpy LNG export project on the Texas coast, wrote that a change in primary contractors requires an extension until November 2029.

Mexico Pacific announces long-term LNG SPA with POSCO International

Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.

Qatar strikes another 15-yr LNG supply deal with Kuwait

Qatar agreed to supply Kuwait with 3 MMtpy of LNG for 15 years, as Kuwait imports the fuel to help meet rising demand for power generation.

Amigo LNG secures supply agreement with E&H Energy

Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.

NextDecade withdraws carbon capture and storage application at FERC

NextDecade Corporation announced that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at the Rio Grande LNG facility and requested that the FERC terminate the CCS proceeding.

NFE's Altamira LNG sends first LNG cargo from Mexico

New Fortress Energy shipped an initial cargo this month from its Altamira FLNG production vessel in Mexico.

GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico

The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.

Argent LNG has initial consultation with FERC, moves into pre-filing

Argent LNG is pursuing approval from FERC to begin the environmental pre-filing review for its mid-sized onshore LNG export project in Louisiana (U.S.).

U.S. court overturns FERC's authorization for NextDecade's Rio Grande project

A U.S. court has overturned the Federal Energy Regulatory Commission's (FERC) authorization for NextDecade's Rio Grande LNG project for not issuing a supplemental environmental impact statement

ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project

ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.

Venture Global LNG sues Kiewit, alleges it shared confidential documents with Shell

U.S. LNG company Venture Global LNG sued construction contractor Kiewit, alleging it passed confidential documents to Shell, including proprietary project development, design, configuration methods, and detailed information about the multi-billion-dollar facility's design and construction.

Woodside awards Monadelphous AUS $200-MM construction contract for Pluto LNG project (Australia)

Engineering company Monadelphous Group Limited announced it has been awarded a AUS $200-MM construction contract with Woodside Burrup Pty Ltd for the Pluto LNG Train 1 facility and associated infrastructure near Karratha in Western Australia.

Oman plans third LNG train, boosting domestic production to more than 15 MMtpy

This strategic expansion aims to increase Oman's LNG production capacity to 15.2 MMtpy

Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption

A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.

New Fortress Energy announces closing of $700-MM loan for second FLNG vessel

New Fortress Energy announced that after successfully producing LNG at its first FLNG unit, it has closed its previously announced $700-MM loan for its second FLNG unit to be located in Altamira, Mexico.

Woodside's Tellurian acquisition positions the company as one of the largest global LNG suppliers by volume

Addressing Woodside's acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG project, Daniel Toleman, Research Director for Global LNG at Wood Mackenzie, said, “The acquisition, valued at $1.2 B, presents Woodside with a valuable opportunity to strengthen its position in the Atlantic Basin LNG market. By incorporating the first phase of the Driftwood LNG project, which consists of an 11-metric MMtpy liquefaction capacity into Woodside’s existing 20 MMtpy portfolio, Woodside will emerge as one of the largest global LNG suppliers by volume.”

Golden Pass LNG construction could return to normal after settlement

Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.

Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)

Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)

7/22/2024

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Sempra, Bechtel agree on EPC contract for Port Arthur LNG Phase 2 project in Texas (U.S.)

Sempra Infrastructure announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement and construction contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas.

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Honeywell to buy Air Products' LNG unit for $1.81 B as deal-making spree continues

Honeywell said on Wednesday it would buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 B in cash, marking the industrial giant's fourth acquisition this year.

Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)

U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.

New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility

New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Tellurian closes $260-MM asset sell to help advance Driftwood LNG project

Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.

US judge halts Biden administration's pause on LNG permits

7/2/2024

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).