LNG
Mexico Pacific signs 20-year LNG supply deal with China's Zhejiang Energy
Mexico Pacific Ltd has struck a 20-year deal to sell a million metric tons of liquefied natural gas a year from its Saguaro Energia export plant in Sonora state to China's Zhejiang Energy.
U.S. Dept of Energy grants export license to Gulfstream LNG
Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed liquefied natural gas export plant in Louisiana.
Venture Global LNG seeks approval to speed up plant construction
LNG developer Venture Global LNG asked U.S. regulators for expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.
Cheniere Energy returns Louisiana LNG export plant to full production
Cheniere Energy Inc's Sabine Pass LNG export facility returned to full production this week after undergoing maintenance.
U.S. natural gas prices up 2% on rising LNG feedgas, lingering hot weather
U.S. natural gas futures climbed about 2% as the daily amount of gas flowing to liquefied natural gas export plants increases, rising prices in Europe, and on forecasts for hotter-than-normal U.S. weather to continue through mid-July, especially in Texas.
Asia spot LNG prices flat as demand remains tepid
Asian spot liquefied natural gas prices remained flat as demand remains muted and inventories are high.
Detecting operator-induced faults on a liquid expander
This case study examines a LNG plant that thought they found a way to shorten the start-up time for liquid expanders. The result was not as expected. Fortunately, the condition monitoring system and service specialists provided diagnostic information to understand the problem better and avoid a catastrophic failure.
Malaysia's Petronas sees domestic oil, gas output peaking by 2024
Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said.
Italy energy minister sees LNG terminals covering 50% of gas needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said that deliveries by ship of liquefied natural gas were a reliable source of energy that could cover 50% of the country's gas needs.
LNG-exporting Gulf Coast states drove U.S. natural gas demand growth
U.S. natural gas demand, domestic consumption plus gross exports, increased 43%, or 34.5 bcf/d, from 2012 to 2022.
INEOS Energy charters two LNG carriers to create virtual LNG pipeline from the U.S. to Europe
INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines for two new build LNG carriers, to be used for the import of LNG into Germany from the United States.
Cheniere signs LNG supply deal with China's ENN
Cheniere Energy said it will supply 1.8 million tons of liquefied natural gas per annum to China's ENN Natural Gas for over 20 years.
Eni sees synergies of up to $1 B from Neptune acquisition
Italian energy group Eni said that synergies from the $4.9-B acquisition of private-equity backed Neptune Energy could reach $1 B as the two groups integrate their operations across key geographies.
Venture Global LNG signs 20-year contract with German energy firm
U.S. liquefied natural gas developer Venture Global LNG said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 mpta of LNG.
Australia's Tamboran signs deals to supply LNG to bp and Shell
Australia's Tamboran Resources announced two non-binding agreements to supply 4.4 million tons of liquefied natural gas a year to bp and Shell from its proposed Northern Territory LNG project.
Energy Dept. refuses Energy Transfer's rehearing request for LNG project
The U.S. Department of Energy will not rehear pipeline operator Energy Transfer's request for a second extension of its Lake Charles liquefied natural gas export project.
Germany builds up LNG import terminals
Deutsche ReGas has sub-chartered a second floating storage and reception unit for liquefied natural gas for the Mukran terminal project in the Baltic Sea, with its LNG to flow to onshore grids via the nearby port of Lubmin from next winter.
Cheniere signs LNG supply agreement with Equinor for Sabine Pass expansion
Cheniere Energy has entered into a long-term agreement with Norway's Equinor to supply 1.75 million tons of liquefied natural gas per annum, it said.
Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project
Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.
Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant
The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.
Qatar strikes second big LNG supply deal with China
Qatar secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.
Asia thermal coal prices get the blues from Europe and LNG
Seaborne thermal coal prices in Asia have slumped to the lowest in two years as weakening demand in Europe and falling liquefied natural gas prices outweigh strong demand in the top-importing region.
Cheniere liquified natural gas plant reduces feedgas intake
U.S. liquefied natural gas exporter Cheniere Energy Inc has reduced feedgas intake and LNG output at its Louisiana facility during maintenance, according to two people familiar with the matter.
Petrobangla to sign 10-year LNG deal with Oman Trading International
Bangladesh's state-owned company Petrobangla is set to sign a long-term supply deal for additional stocks of LNG from Oman Trading International, an official at Petrobangla said.
Asian spot LNG prices rise to at 3-month high tracking European prices
Asian spot LNG prices reversed their multi-week downward trend and rose to a three-month high this week, tracking European gas gains and as high temperatures in north-east Asia increased cooling demand.
Japan's May LNG imports plunge on rising nuclear, healthy stockpiles
Imports of LNG to Japan fell in May by 20%, data from the Ministry of Finance showed, as rising nuclear power usage and ample stockpiles reduced purchasing needs.
Pakistan approves LNG purchase deal with Azerbaijan
Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.
TotalEnergies buys $219-MM stake in LNG developer NextDecade
TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 MM, the French group said, part of a broader deal to enable the Texas company's Rio Grande LNG export project to proceed.
Mitsui O.S.K. Lines enters strategic investment agreement with Delfin
Mitsui O.S.K. Lines announced that it has entered into a strategic investment agreement with Delfin Midstream Inc enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.
A sustainable solution to reduce Europe’s reliance on natural gas
This analysis shows that Europe will need to reduce natural gas demand by 55 Bm3 this year alone to mitigate against a potentially colder winter, a possible end to Russian supplies or rebounding Asian demand. This comes at a time when Europe has little bandwidth for additional energy rationing without sustaining a steeper slowdown in economic activity.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
- Toyo awarded EPC contract for Dahej LNG terminal (India)
