LNG
Security of supply concerns prompt Arctic Barents Sea gas pipeline rethink in Norway
For Gassco, building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to an increased focus on supply security and Norway exporting more of its gas to Europe.
Svanehøj acquires US-based LNG specialist
Marine pump specialist Svanehøj continues to expand its service solution business by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers.
Regas ship arrives for Hong Kong's first LNG import terminal
The world’s largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city’s first liquefied natural gas import terminal.
Asian spot LNG prices slip as muted North Asia demand weighs
Asian spot LNG prices this week slipped to a 22-month low amid slow demand from Japan, China and South Korea.
The role of natural gas in the Asia-Pacific energy transition
In Southeast Asia, coal-fired and diesel-fired power generation are still significant parts of the energy and electricity systems. ANGEA believes that gas must play a significant role in the region’s future.
Ukraine lawmakers urge U.S., EU to hit Russian LNG with secondary sanctions
Lawmakers in Ukraine's parliament want the European Union and United States to use sanctions to block Russia's plans to expand LNG production, and end Europe's purchases of the fuel from Russia.
Poland sets exclusion zone around Swinoujscie LNG terminal
Poland will introduce a temporary 200 meter exclusion zone around its Swinoujscie LNG terminal.
G7 climate ministers drop language on growing LNG demand in draft
Climate ministers of the Group of Seven countries have backtracked for now on earlier language touting growing future demand for LNG, instead noting there may be "considerable uncertainty" for consumption.
Russia's Novatek asks government to cut taxes for Yamal LNG
Russia's Novatek has asked the government to grant its key Yamal LNG project a deferral of additional profit tax for 2022 while simultaneously cutting its rate.
G7 climate ministers consider endorsing new gas investments
Climate ministers of the Group of Seven countries may make the case for new investments in natural gas supply, despite assessments that such investments would thwart globally agreed climate change goals.
Japan's Octopus Energy unit aims to increase renewables in energy source mix
The Japanese arm of British energy supplier Octopus Energy aims to add more renewable energy to its supply mix because it provides a more stable purchasing price compared with the liquefied natural gas it now relies on.
Energy firms bet big on German port as clean energy hub
Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 B to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.
Shell sees stronger LNG volumes and oil product performance in Q1
Shell expects higher LNG output in the first quarter after outages at its Australian plants last year as well as stable earnings from LNG trading.
Europe facing costly winter without enough long-term LNG deals
Europe has not made enough progress in locking in long-term contracts for LNG as an alternative to Russian pipeline supply, which may prove costly next winter as a rebound in Chinese demand could sharply tighten the market.
Tellurian to sell land for $1 B and lease back for Driftwood LNG project
U.S. LNG developer Tellurian Inc has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1B.
INPEX submits revised plan of development for Abadi LNG project
INPEX Corporation announced that through its subsidiary INPEX Masela, Ltd., it has submitted a revised Plan of Development for Abadi LNG Project incorporating a CCS component to Indonesian government authorities on behalf of the joint venture composed of INPEX and Shell.
U.S. natgas futures up 3% on daily output decline, rising LNG feedgas
U.S. natural gas futures rose about 3% on Wednesday on a decline in daily output and an increase in the amount of gas flowing to LNG export plants since Freeport LNG's export facility in Texas exited an eight-month outage in February and returned to full power over the past week.
Fluxys declares force majeure at Dunkirk LNG terminal
Fluxys has declared force majeure at the Dunkirk liquefied natural gas terminal it operates due to expected disruptions from Thursday morning to Friday morning.
U.S. natgas futures edge up 1% on record feedgas to LNG export plants
U.S. natural gas futures edged up about 1% on Tuesday as the amount of gas flowing to LNG export plants remains at record highs after Freeport LNG's facility in Texas exited an eight-month outage in February and returned to full power over the past week.
Technip Energies awarded a significant contract for the electric driven Xi’An LNG project in China
Technip Energies has been awarded a significant contract by Shaanxi LNG Reserves & Logistics Co. Ltd. for the 3 million normal cubic meters per day (Nm3/d). Xi'An LNG Emergency Reserve & Peak Regulation Project in China.
EU's Simson welcomes potential halt on Russian LNG imports
Proposals to stop Russian companies from sending liquefied natural gas to European Union nations were welcomed by EU Energy Commissioner Kadri Simson.
U.S. natural gas futures drop 4% on rising output, milder weather
U.S. natural gas futures dropped about 4% on Monday on rising output and forecasts for milder weather and less heating demand than previously expected, which should allow utilities to start injecting gas into stockpiles this week.
Philippines set to receive first-ever LNG cargo for power generation
The Philippines has bought its first-ever liquefied natural gas cargo, which will be delivered this month, bound for a new terminal that will fuel a 1,200-megawatt power plant.
Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub
Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.
Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.
Vietnam needs $11.5-B to expand national fuel storage capacity by 2030
Vietnam would need investment of up to $11.51 B to expand its national fuel storage system by 2030 citing a draft plan prepared by the Ministry of Industry and Trade.
Finland's floating LNG terminal to receive first commercial cargo
Finland is set to receive the first commercial delivery of liquefied natural gas to the Inkoo floating terminal set up to replace Russian gas supply after the start of the war in Ukraine.
Gazprom's exports to Europe up 4% in March from Feb
Gazprom's gas supplies to Europe were up 4% on a daily basis in March compared to February based on shipment data from Gazprom's daily transit volumes sent through Turkey and Ukraine.
Asia spot prices maintain downtrend on tepid demand
Asian spot liquefied natural gas this week hit its lowest since early July 2021 as weak demand and solid inventories in northeast Asia continued to pressure prices, while Europe prepared to exit winter with record inventories.
Barcelona to Italy LNG exports rose 17-fold in 2022 amid Ukraine war impact
Seaborne exports of liquefied natural gas from Barcelona to Italy rose 17-fold in 2022 from the prior year, while shipments in the first two months of 2023 alone accounted for 45% of last year's traffic.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
