liquefaction

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Honeywell to buy Air Products' LNG unit for $1.81 B as deal-making spree continues

Honeywell said on Wednesday it would buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 B in cash, marking the industrial giant's fourth acquisition this year.

Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)

U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.

New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility

New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Tellurian closes $260-MM asset sell to help advance Driftwood LNG project

Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.

US judge halts Biden administration's pause on LNG permits

7/2/2024

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).

FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)

The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).

Baker Hughes awarded multi-year contract by Woodside Energy to support Australian LNG operations

Baker Hughes announced it has entered into a new 10-yr services frame agreement with Woodside Energy to support its LNG operations in Australia.

Cedar LNG announces positive FID on 3.3-MMtpy FLNG project

Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.

Venture Global launches first vessel from state-of-the-art LNG fleet

Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.

Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2

Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.

Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal

Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.

China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2

Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.

Repsol's Saint John LNG (Canada) awards technology contract to Galileo Technologies

Through the installation of Galileo Technologies’ reliquefaction solution, Saint John LNG will be able to recover and store this resource to serve the market, especially during times of high demand.

QatarEnergy, Exxon seek to remove contractor from Texas gas project

Golden Pass LNG, a JV between QatarEnergy and ExxonMobil, is asking a court to immediately oust Zachry Industrial from the $10-B LNG project, a court filing showed.

Protecting LNG processes

6/19/2024

The LNG process chain includes several complex and diverse processes, from extraction, liquefaction and transport to consumption. To ensure the safety of these processes, pressure relief devices such as safety valves and rupture discs are required throughout various aspects of the LNG process chain to prevent serious accidents caused by overpressure.

Global Projects Data

6/19/2024

This article provides a summary of active gas processing and LNG projects around the world, including total project numbers, and market share by region and activity level.

Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce

Woodfibre LNG received a compliance order from the BC Environmental Assessment Office, requiring Woodfibre LNG to deploy the floatel to site and to use the vessel for non-local workforce accommodation in accordance with the amended Environmental Assessment Certificate.

Shell signs agreement to acquire Pavilion Energy

Shell Eastern Trading Pte. Ltd. has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy includes a global LNG trading business with a contracted supply volume comprising about 6.5 MMtpy.

Clean Energy expands Boron LNG facility in California (U.S.) by 50%

Clean Energy Fuels Corp. announced that construction of a third production train at its LNG plant in Boron, California, has been completed, increasing the plant’s volume capacity by 50%.

New Fortress Energy to deliver first LNG cargo from Altamira, Mexico plant in July

NFE today updated the timing of its first LNG expectation for its first Fast LNG unit located offshore Altamira, Mexico.

CPGC and BASF sign framework agreement on carbon capture technology onboard LNG carriers

CSSC Power (Group) Corp. Ltd. (CPGC) will install its advanced Onboard Carbon Capture System (OCCS) on multiple LNG carriers and utilize BASF’s OASE® blue technology.

Freeport LNG sues three contractors over defects at Texas plant

U.S. LNG exporter Freeport LNG filed a lawsuit in April against three contractors, alleging that installation defects in electric motors at its $14-B Texas export plant caused prolonged outages and costly repairs.

Golden Pass LNG construction turmoil to delay Texas plant's startup

The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11-B JV LNG project in Texas, has been delayed by at least six months due to construction turmoil, according to analysts.

QatarEnergy selects CPC as North Field expansion partner, signs 4 MMtpy LNG SPA for 27 years

QatarEnergy signed definitive agreements with CPC Corporation, Taiwan (CPC) covering the long-term supply of LNG to CPC and partnership in the North Field East (NFE) LNG expansion project.

TotalEnergies increases LNG deliveries to Asia with two new contracts

In line with its strategy to grow its LNG business, TotalEnergies announced the signing of two new LNG medium- and long-term contracts in Asia with Indian Oil and Korea South-East Power.

Saudi Aramco holding LNG talks with Tellurian, NextDecade

Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.

JERA sells equity stake in Freeport LNG (U.S.) to Japan Petroleum Exploration Co.

JERA plans to sell an equity stake in Freeport LNG to Japan Petroleum Exploration Co., Ltd.

GTA LNG project reaches significant milestone with arrival of FPSO vessel

The FPSO vessel has arrived safely at the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, located offshore Mauritania and Senegal

Aethon Energy to acquire Tellurian's integrated upstream assets

Tellurian Inc. and Aethon Energy Management announced an agreement for Aethon to acquire Tellurian’s integrated upstream assets for $260 MM, alongside a Heads of Agreement for Aethon to purchase 2 MMtpy of LNG from Tellurian’s Driftwood LNG plant.