LNG

Trinidad in substantive negotiations with Venezuela on gas project

Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.

Freeport LNG receives regulatory approval for restart of final liquefaction train

LNG / U.S.

Freeport LNG Development L.P. (Freeport LNG) has received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart Train 1, the final train of Freeport LNG's three train liquefaction facility to receive restart authorization.

CERAWEEK: Bahrain explores constructing LNG export facility

Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets.

Argentina expected to send draft bill promoting LNG to Congress

Oil and gas producers in Argentina expect the government will send draft legislation for promoting liquefied natural gas (LNG) production to Congress in the coming weeks.

Italian court postpones decision over Tuscan LNG terminal to July

An Italian administrative court has postponed to July 5 a decision over a complaint against a new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino.

LNG to lead U.S. natural gas exports

Exports of LNG will continue to drive growth in U.S. natural gas exports over the next two years, according to the U.S. EIA.

Chevron and JERA sign MoU to explore carbon capture and storage projects in U.S. and Australia

Chevron New Energies (Chevron), a division of Chevron U.S.A. Inc., and JERA Co. Inc. (JERA) have signed a Memorandum of Understanding (MoU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects located in the U.S. and Australia.

Papua LNG project enters integrated FEED stage

Santos today announced the Papua LNG joint venture has launched fully-integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Guinea.

Natural gas essential to the energy transition says Australian PM

New gas projects will play a role in the energy transition, Australian Prime Minister Anthony Albanese said, as his administration seeks to pass a reform to an emissions reduction bill amid growing pressure to ban new fossil fuel projects.

Novatek needs to find more natural gas for LNG plans

Russian Deputy Prime Minister Alexander Novak said on Tuesday the country needed to identify the resource base for about a third of its planned annual production of 100 MMt of liquefied natural gas (LNG) per year.

Tellurian chairman's shares sold to cover loan

U.S. LNG developer Tellurian said over $25.3 MM worth of its shares belonging to Executive Chairman Charif Souki were transferred and sold over the last month to cover a loan, securities filings showed.

Asian spot LNG prices continue to decrease

Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.

Germany LNG import bill to eclipse $10 B

Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.

U.S. nat gas futures rose 3% on more feedstocks flowing to LNG terminals and increased heating demand

U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. LNG export plants set to hit a daily record high and on forecasts for colder weather and higher heating demand in two weeks than previously expected.

Graforce to introduce plasmalysis technology that converts LNG into hydrogen

Graforce to introduce methane electrolysis (plasmalysis), which converts LNG into hydrogen. This allows large gas users to switch to clean-burning hydrogen without changing their energy supplier or method of transporting.

Germany's natural gas imports bill more than doubled in 2022

Germany's natural gas import costs more than doubled in 2022 despite volumes being slashed by 30%.

Saipem to restart Mozambique LNG project for Total in July

Saipem has agreed to restart a LNG project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said.

Japan to emphasize natural gas/LNG and clean fuels at G7 summit

Japan plans to emphasize the importance of investments in natural gas, LNG and cleaner fuels at the G7 summit later this year.

Tellurian faces setback in $12.5-B Driftwood LNG project

Commodities trader Gunvor can walk away from a 10-year, $12 B commitment to buy LNG if Tellurian's Driftwood LNG project lacks a financial go-ahead, project financing and a full construction authorization by March 1.

Venture Global to provide LNG to Excelerate Energy from its Plaquemines LNG plant in Louisiana

Venture Global LNG said it would supply 700,000 tpy of LNG to Excelerate Energy for 20 years.

New Fortress Energy to complete first Fast LNG unit in Q2

New Fortress Energy plans on finishing building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing LNG there in July.

WFW advises Hoegh LNG on refinancing options for German FSRUs

Watson Farley & Williams advised Höegh LNG on the refinancing of the Höegh Esperanza and Höegh Gannet FSRUs that will service Germany‚Äôs new FLNG terminals in the North Sea ports of Wilhelmshaven, Lower Saxony and Brunsbüttel, Schleswig-Holstein.

bp confirms Phase 2 of the Greater Tortue Ahmeyim LNG project

bp and partners confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim LNG project that they will take forward to the next stage of evaluation.

bp and partners progress concept for Greater Tortue Ahmeyim Phase 2

bp and partners confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim LNG project that they will take forward to the next stage of evaluation.

Chevron announces lower carbon LNG fleet modification project with Sembcorp Marine

Chevron will install new technologies aboard Chevron vessels to support their energy transition goals. The changes are also in alignment with decarbonization targets set by the International Maritime Organization.

Asian LNG spot prices fall to lowest level since July 2021

Asian spot LNG prices eased this week, extending declines to its lowest since July 2021, as demand from key buyers in northeast Asia remain weak.

Cheniere begins permit process for Sabine Pass LNG expansion

Cheniere begins permit process for Sabine Pass LNG expansion

Trinidad and Tobago to begin negotiations with Venezuela for natural gas project

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project.

Greece's Gastrade sees decision on second LNG terminal this year

Gastrade said it expects to take a final investment decision on developing a second gas floating storage and regasification unit off the country's northern port of Alexandroupolis by the end of the year.

Trinidad to begin negotiations for gas deal with Venezuela in March

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project. The joint venture could supply gas to Trinidad's liquefied natural gas and petrochemical industry.