liquefaction

Novatek will continue to develop LNG projects amid rising demand, RIA says

Russia's largest producer of LNG, Novatek, will continue to develop its LNG projects to meet rising global demand, the Russian state-run RIA news agency reported on Thursday, citing the company's head, Leonid Mikhelson.

Sembcorp Industries inks 10-yr LNG supply deal with Chevron's Singapore unit

Sembcorp Industries said its Sembcorp Fuels unit signed a deal with Chevron USA's Singapore unit to import up to 0.6 MMtpy LNG starting in 2028.

Flex LNG announces 15-yr time charter for Flex Constellation LNG carrier

Flex LNG announced it has agreed a new Time Charter Agreement for Flex Constellation for 15-years. Commencement of the charter will occur during the first or second quarter of 2026 with maturity in 2041. The TC also include an extension option for the charterer until 2043.

Woodside to bring in several partners to Louisiana LNG project by March

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, said its CEO. Australia-listed Woodside is seeking to sell a 50% stake in the Louisiana LNG project.

Guyana gas-to-energy project wins initial $500-MM bank loan guarantee approval

Guyana has received preliminary approval from the U.S. Export-Import Bank for a more than $500 MM loan guarantee to support a natural-gas fired power project and gas processing facility.

Goldman warns of likely Asia LNG price rise on European supply crunch

Asia prices of LNG could jump to above $20/mmBtuif European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday.

Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank

Japan's top utility JERA sees no impact from new U.S. sanctions on Gazprombank on its procurement of LNG from Russia's Sakhalin-2 project, as it does not use the lender for payment settlements, its president said.

Egypt in talks with foreign companies over long-term LNG purchases

Egypt is in talks with U.S. and other foreign companies to purchase long-term volumes of LNG, as it seeks to cut its reliance on more costly spot market purchases to meet power demand.

Crown LNG rushing to develop and start building US LNG plant while Trump in office

Crown LNG is racing against time to develop and start construction of a 9-MMtpy LNG export plant in the U.S. before President-elect Donald Trump's second term ends in 2029. "We were sincerely hoping that he (Trump) would be there to support the industry because certainly the old administration was against it, quite simply," CEO Swapan Kataria said.

ADNOC Gas signs 10-yr LNG SPA with India’s GAIL

ADNOC Gas has signed a 10-yr Sales and Purchase Agreement (SPA) with GAIL India Limited to supply up to 520,000 tpy LNG, starting in 2026. The SPA converts the previous Heads of Agreement between ADNOC Gas and GAIL, announced in January, into a definitive agreement.

Russia sees India as potential market for LNG from its 13-MMtpy Ust-Luga plant

Russia is interested in ramping up exports of LNG to India, particularly from its 13-MMtpy Ust-Luga complex that is currently under construction in the Leningrad Region of Russia.

ADNOC GAS to acquire 60% of Ruwais LNG from ADNOC, valued at $5 B

ADNOC Gas expects ADNOC to transfer its 60% share of the Ruwais LNG Project to the company at cost - estimated to be around $5 B - in the second half of 2028.

Gasum selects Wärtsilä for another bio-LNG project in Sweden

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply Nordic energy company Gasum with biogas upgrading and liquefaction solutions for its new bioLNG plant. The plant will produce high-quality bioLNG from agricultural and organic household waste.

Black & Veatch to collaborate with Baker Hughes on standard LNG solution utilizing PRICO® technology

Black & Veatch, a global liquefied natural gas (LNG) infrastructure solutions leader, has confirmed a collaboration agreement with Baker Hughes, an energy technology company, to utilize Baker Hughes’ LM9000 gas turbine and compression technology with Black & Veatch’s industry leading PRICO® liquefaction technology as another offering for clients seeking mid-scale LNG solutions.

JPMorgan looks to resume trading physical LNG

JPMorgan Chase is in talks to resume trading physical LNG after more than a decade. The bank has had talks with at least three projects under development in the Gulf Coast to get a long-term LNG supply.

Case Study: Predicting internal corrosion in renewal biogas systems for increased pipeline reliability

10/25/2024

GASCADE Gastransport GmbH (GASCADE) partnered with the author’s company to investigate the internal corrosion susceptibility of a biogas line in advance of a larger project targeting the prioritization of difficult-to-inspect pipelines.

Energy Transfer signs KBR, Technip Energies to build Louisiana LNG plant

Pipeline operator Energy Transfer has signed a preliminary contract with a consortium to build its proposed Lake Charles LNG plant. The Technip Energies and KBR deal is subject to a final investment decision for the Lake Charles LNG project in Louisiana (U.S.).

TotalEnergies expands global LNG bunkering footprint

TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new LNG bunker vessel of 18,600 m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs.

Flex LNG finalize $430 MM in new financings

Flex LNG Ltd announced that the aggregate $430 MM of new financings announced in the Q2-2024 report have been completed according to plan with net proceeds of about $97 MM.

Norway's Equinor remains committed to $40-B Tanzania LNG project

Norway's Equinor remains committed to a $42-B LNG project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year.

Arbitration rules in favor of bp as sole buyer of Kosmos Energy's Senegal LNG project

Kosmos Energy said a Paris-based arbitrator has ruled in favor of bp, prohibiting Kosmos from selling to third parties LNG from the Greater Tortue project offshore Senegal and Mauritania.

ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project

ExxonMobil selected Chart Industries' IPSMR® liquefaction technology and proprietary equipment for the Rovuma LNG project at the Afungi peninsula.

McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique

McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design contract for the Rovuma LNG Phase 1 Project in Mozambique, a JV between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A.

Technip Energies, JGC awarded FEED by ExxonMobil for the 18-MMtpy Rovuma LNG project in Mozambique

Technip Energies and JGC Corporation have been awarded the front-end engineering design for the 18-MMtpy Rovuma LNG project in Mozambique. The facility will be comprised of 12 fully modularized LNG trains of 1.5 MMtpy each.

Excelerate Energy improves FSRU operations with Wärtsilä Gas Solutions reliquefaction retrofit project

Excelerate Energy Inc. has entered into an agreement with Wärtsilä Gas Solutions, part of technology group Wärtsilä, to purchase a reliquefaction system for retrofit installation onboard one of Excelerate’s floating storage regasification units (FSRUs).

TotalEnergies will supply 200,000 tpy of LNG to HD Hyundai Chemical until 2033

In line with its strategy to grow its long-term LNG sales, TotalEnergies announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tpy of LNG for 7 years starting from 2027.

Technip Energies and KBR selected for a major LNG project by Lake Charles LNG

Lake Charles LNG has awarded a JV between Technip Energies and KBR an engineering, procurement, fabrication and construction contract for its 16.45-MMtpy LNG export terminal in Louisiana (U.S.).

LNG contracting off to a great start in 2024

Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.

Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project

Golar LNG Limited announced that it has signed an engineering, procurement and construction agreement with CIMC Raffles for a $2.2-B, 3.5-MMtpy MK II floating LNG production (FLNG) vessel. FLNG technology will be provided by Black & Veatch.

Saudi Aramco wants to be a major LNG gas player, gas chief says

The world's largest oil producer, Saudi Aramco, wants to become a major LNG player, the head of its natural gas business said on Tuesday.