storage

Bechtel breaks ground on LNG storage tanks in Taiwan

Bechtel, CPC Corp. and MRY broke ground on the project to design and build LNG tanks for the CPC Taichung Phase III LNG import terminal in Taichung, Taiwan.

Ukraine plans to import 800 MMm3 of gas until April after Russian strikes

Ukraine plans to import up to 800 MMm3 of gas from Europe in February and March to compensate for a sometimes 40% drop in production after Russian missile strikes on the sector, a senior industry source said on Friday.

ExxonMobil plans large-scale gas/LNG projects in Guyana

ExxonMobil plans to boost natural gas output and supply in Guyana through a large-scale project, following the government's call for more gas to fuel onshore power and petrochemical projects, including a gas processing and LNG offshore facility to be built by U.S. company Fulcrum LNG.

EU seeks to 'immediately engage' with LNG suppliers, draft shows

The European Union will consider investing in LNG projects abroad as part of plans to "immediately engage" with reliable suppliers to try to lower energy prices

Tokyo Gas enters Philippine LNG market with terminal stake

Tokyo Gas said it had made its first foray into a commercially operational terminal for LNG outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.

Power up: Considerations to help understand the potential of cogeneration

2/17/2025

Combined heat and power, also known as cogeneration, converts one form of energy to two usable forms, typically heat and power. By simultaneously producing onsite electricity and heat, cogeneration systems can provide reliable energy at reduced overall costs.

India's BPCL signs LPG supply deal with Norway's Equinor

India's state-run refiner Bharat Petroleum Corp plans to buy propane and butane from Norwegian energy giant Equinor.

EU to hold next round of joint gas buying in March

The European Union will hold its next round of joint gas buying in March, seeking demand from buyers for the next five years to help Europe replace Russian fuel.

Petronet LNG: LNG terminal expansion projects update, increasing trade via Singapore unit

According to Reuters, a Petronet LNG executive said that the Dahej LNG terminal expansion project is scheduled to be completed in 3 mos-4 mos. In addition, the executive provided the following update on other projects:

Adani Total Dhamra LNG terminal expansion not imminent

India's Adani Total has yet to conduct feasibility studies to double the capacity of its LNG terminal in Dhamra, a year after the JV announced it was in the early stages of planning a possible expansion.

Japan's JERA sees rising competition for U.S. LNG as Asia, Europe demand grow

Japan's top power generator JERA expects competition for U.S. LNG to increase as demand from Asia and Europe rises, its Asia CEO said. "There are many potential buyers. Asian and European buyers are really interested in U.S. energy. So, there are many competitors,” JERA Asia CEO Izumi Kai told Reuters on the sidelines of the India Energy Week conference.

ADNOC Gas signs 14-yr, multibillion dollar LNG supply agreement with Indian Oil Corp.

The agreement, signed by ADNOC Gas and IndianOil, is valued in the range of $7 B-$9 B over its 14-year term.

Tanzania hopes to conclude talks for LNG project by June

Tanzania is discussing tax incentives with investors in a stalled project to construct a $42-B LNG plant in the country, Energy Minister Doto Biteko said on Tuesday, adding the talks could be completed by June. Equinor and Shell are joint operators of the country's mega gas project, while ExxonMobil, Pavilion Energy, Medco Energi and Tanzania's national oil company TPDC are partners.

U.S. EIA: Recent cold snap lead to fourth-largest natgas storage withdrawal

The United States saw the fourth-largest weekly withdrawal from natural gas storage during mid-January as colder-than-normal temperatures boosted consumption.

India's GAIL revives plan to buy US LNG as Trump ends ban on export permits

GAIL India Ltd will seek to buy a stake in a U.S. LNG plant or secure long-term U.S. LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.

Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea

INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage.

Germany's Brunsbuettel, Wilhelmshaven LNG terminals get strong demand for regasification slots

Germany's Deutsche Energy Terminal said it has successfully sold all LNG regasification slots offered at the liquefied gas terminals of Brunsbuettel and Wilhelmshaven for this year.

Seaspan Energy completes first ship-to-ship LNG bunkering in Canada

Seaspan Energy (Seaspan) has successfully completed the first ship-to-ship LNG bunkering in Canada, which took place in the Port of Vancouver in the Upper Harbour.

Immingham Green Energy Terminal (UK) development consent decision announced

Imported ammonia will be stored and processed at the site to create green hydrogen, for onward transport to filling stations throughout the UK.

Harvest Alaska plans to redevelop Kenai LNG terminal in Alaska (U.S.)

Harvest Alaska announced an agreement with Marathon Petroleum Corporation and Chugach Electric Association to bolster Southcentral Alaska's energy supplies through Harvest's acquisition and redevelopment of the existing Kenai LNG Terminal.

Ukraine says it has potential to buy, store LNG from U.S.

Ukraine and other European nations have the potential to buy and store liquefied natural gas (LNG) from the United States in Ukraine and this could strengthen Europe's energy security as gas transits from Russia end.

Nigeria launches construction on five mini-LNG facilities, totaling 97 MMft3d in capacity

In its efforts to deepen domestic gas utilization, NNPC and its partners have launched five mini-LNG plants in Ajaokuta, Kogi State, Nigeria, totaling 97 MMft3d in processing capacity.

EemsEnergyTerminal launches open season to gauge operational future

EemsEnergyTerminal has entered an important new phase in determining whether the floating LNG terminal at the port of Eemshaven will be kept in operation for a longer period. An Open Season has launched to gauge the interest of market parties in the import of LNG in the near future. Such collaboration is essential for keeping the terminal operational after 2027.

U.S. EIA expects higher wholesale U.S. natural gas prices as demand increases

The U.S. Energy Information Administration (EIA) expects increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage compared with the last two years.

U.S. natural gas prices fall 3% on forecasts for milder weather, lower LNG feedgas

U.S. natural gas futures slid about 3% on Friday on forecasts for milder weather over the next two weeks than previously expected and a recent drop in gas flows to liquefied natural gas (LNG) export plants, due in part to the shutdown and slow return of Freeport LNG's plant in Texas.

Germany considers plan to subsidize storage refills, says gas trading hub

Germany's gas market trading hub is in talks with the economy ministry and regulator about the possibility of contractors receiving subsidies to refill gas storage sites, the Trading Hub Europe (THE) website showed.

Vecino, DRW to develop South Texas gas storage, 40-mile pipeline to Agua Dulce

Vecino Energy Partners and DRW Energy Trading have partnered to develop the Piedras Pintas Salt Dome in Duval County, Texas, aiming to bolster natural gas storage capacity and connectivity in South Texas.

IEA: Global gas markets to remain tight on rising demand

Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.

Argentina's YPF signs deal with Indian firms to export LNG

Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 MMtpy of liquefied natural gas.

FLNG Gimi receives first gas from the Greater Tortue Ahmeyim field

Golar LNG Limited announced that FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.

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