LNG
Asia spot prices slip as Freeport LNG loadings resume
Asian spot LNG prices eased this week amid a resumption of loading at Freeport LNG in the U.S. and rising inventory levels held by major Japanese utilities.
Turkey to sign long-term LNG purchase contracts
Turkey is set to finalise long-term contracts for LNG to cover the 2027-2037 period, aimed at securing approximately 5-6 billion cubic meters of LNG annually, will meet 12-13% of Turkey's energy needs.
Whoever wins election, Venezuela faces natural gas problem
Griselda Ascanio keeps an improvised wood-burning stove ready in her backyard in Maracay, 120 kilometers (75 miles) from Venezuela's capital, for the frequent gas-supply interruptions that make it difficult to cook.
WoodMac: LNG truck sales impacting Chinese road diesel demand
China’s sales of LNG-powered heavy-duty trucks rose from below 10% to reach as much as 30% of the market in the latter months of 2023, resulting in the displacement of over 8% of road diesel demand in the country.
Glenfarne Energy Transition’s Texas LNG and EQT execute binding LNG tolling agreement
Texas LNG Brownsville LLC, a 4 MMtpy LNG export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC, and EQT have executed a definitive 20-yr tolling agreement for natural gas liquefaction services for 2 MMtpy of LNG.
Court approves settlement agreement between Zachry Holdings and Golden Pass LNG
Zachry Holdings, Inc. (ZHI) announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved its settlement agreement with Golden Pass LNG Terminal LLC and joint venture partners CB&I LLC and Chiyoda International Corporation.
Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption
A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.
New Fortress Energy announces closing of $700-MM loan for second FLNG vessel
New Fortress Energy announced that after successfully producing LNG at its first FLNG unit, it has closed its previously announced $700-MM loan for its second FLNG unit to be located in Altamira, Mexico.
Woodside's Tellurian acquisition positions the company as one of the largest global LNG suppliers by volume
Addressing Woodside's acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG project, Daniel Toleman, Research Director for Global LNG at Wood Mackenzie, said, “The acquisition, valued at $1.2 B, presents Woodside with a valuable opportunity to strengthen its position in the Atlantic Basin LNG market. By incorporating the first phase of the Driftwood LNG project, which consists of an 11-metric MMtpy liquefaction capacity into Woodside’s existing 20 MMtpy portfolio, Woodside will emerge as one of the largest global LNG suppliers by volume.”
Brazil's TAG, Eneva to connect LNG pipeline to private terminal in October
Brazilian energy firm TAG plans to start operations of a new pipeline section in October that will connect the country's largest pipeline network to Eneva's liquefied natural gas (LNG) storage terminal in Sergipe state.
Golden Pass LNG construction could return to normal after settlement
Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.
Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)
Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).
EIA: Less natural gas consumption in Europe is keeping storage full
Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption.
Chart Industries’ IPSMR® process technology delivers first LNG at New Fortress Energy’s Fast LNG project
Chart Industries Inc., a leading global solutions provider to clean energy and industrial gas markets, has announced that its Integrated Pre-Cooled Single Mixed Refrigerant (IPSMR®) process technology has delivered first liquefied natural gas (LNG) at New Fortress Energy Inc.’s initial Fast LNG (FLNG) asset located offshore Altamira, Mexico.
Update: Freeport LNG in Texas resumes exports as gas processing ramps up
The second largest liquefied natural gas (LNG) exporter in the U.S., Freeport LNG, has resumed shipments after shutting operations ahead of Hurricane Beryl, with processing on track to reach about half its capacity on Monday.
South Korea's KOMIPO cancels plans for LNG import terminal
South Korea's Korea Midland Power Co. (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts
Power Knot LLC, a market leader for onsite organic waste management solutions, has received additional orders for food waste digester consumables and spare parts from ExxonMobil PNG.
Texas tanker bottleneck grows on slow Freeport LNG restart after Beryl
The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas halted processing ahead of Hurricane Beryl’s landfall last week.
Global LNG: Asia spot prices supported by Freeport LNG outage, summer demand
Asian spot liquefied natural gas (LNG) prices held steady this week on the back of support from an outage at U.S. Freeport LNG which saw some cargo cancellations, and as summer weather boosted demand.
Sempra, Bechtel agree on EPC contract for Port Arthur LNG Phase 2 project in Texas (U.S.)
Sempra Infrastructure announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement and construction contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas.
Venice Energy welcomes underground gas storage expansion project in South Australia
The gas storage expansion project means that Venice Energy's terminal will be able to cover any forecast gas shortfalls in both Victoria and South Australia.
Natural gas arrivals will help Egypt halt summer load-shedding power cuts
Egypt will halt load-shedding power cuts during the summer as of Sunday, after some natural gas shipments arrived, in a bid to end a crisis that has inconvenienced a population of 106 MM.
Update: U.S. LNG natgas feedgas on track to fall to 12-wk low
The amount of natural gas flowing to U.S. liquefied natural gas (LNG) export plants was on track to drop to a 12-wk low on Wednesday due to reductions at several plants, including Freeport LNG in Texas.
FERC ordered to review Louisiana (U.S.) LNG project's emissions impact
A U.S. court has ordered federal regulators to reassess the impact of greenhouse gas (GHG) emissions from Commonwealth LNG's Louisiana liquefied natural gas (LNG) project, potentially slowing full approvals for the venture.
Russia's Arctic LNG 2 gas output slashed in May
Russia's sanctions-hit Arctic LNG 2 project, which started production in December but has yet to begin exports, slashed its natural gas output in May.
Freeport LNG in Texas to restart one train this week after Hurricane Beryl
Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.
WhiteWater's ADCC Pipeline in South Texas begins transporting natural gas
The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 B ft3d of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline's Agua Dulce Header in South Texas.
Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline
Sales of marine bunker fuel at Singapore climbed 8.5% in 1H 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
