LNG
Asia spot LNG at fresh three-month high on supply concerns
Asian spot LNG prices rose this week to a new three-month high due to supply concerns amid tensions in the Middle East and a drop in feedgas deliveries to two LNG terminals in the U.S.
U.S. natgas flows rise to Texas Freeport and other LNG export plants
The amount of natural gas flowing to the seven U.S. LNG export plants, including Freeport LNG, was on track to jump by around 17% from a 15-month low.
U.S. natgas prices up 3% ahead of storage report as LNG feedgas rises
U.S. natural gas futures climbed about 3% on forecasts for cooler weather and more demand next week than previously expected and with an increase in the amount of gas flowing to LNG export plants, including Freeport LNG.
U.S. natural gas trade will continue to grow with the startup of new LNG export projects
In the U.S. EIA's recently released Short-Term Energy Outlook, it was forecast that U.S. LNG exports will continue to lead growth in U.S. natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.
Detect operator-induced faults on a liquid expander
This case study examines a fault during the startup of liquid expanders in an LNG facility.
Global Projects Data
A quick look at total project numbers by region.
VNG plans investments in green gases, turned to profits in 2023
VNG, an east German gas subsidiary of power utility EnBW, said it will invest up to $5.31 B by 2035, mostly in green gases.
Trafigura to commercially deploy Daphne technology's PureMetrics on LNG carrier
Daphne Technology reached a significant milestone as Trafigura, a global commodities industry leader, selected them for the first commercial deployment of PureMetrics, slated for the summer of 2024.
Innovations - April
These are the latest innovations in the gas processing, natural gas pipelines and LNG industries.
Freeport LNG gas consumption running near zero for fifth day
Freeport LNG's liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 MMcfd, or 5% of its fully operational use.
Russia's Gazprom ships second LNG cargo from Portovaya to Spain
Russia's Gazprom shipped a second cargo of LNG from its small-scale Portovaya LNG plant on the Baltic Sea to Spain.
The U.S. exported a record volume of natural gas in 2023
The U.S. exported 10% more natural gas in 2023 than in 2022, a record of 20.9 Bcfd, according to the U.S. EIA's Natural Gas Monthly. U.S. LNG exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder.
Asia spot LNG at 3-month peak on steady demand, supply disruption
Asian spot LNG prices edged up, reaching the highest levels in three months, as they remained supported by steady demand and supply disruption concerns.
EU Parliament approves legal option to block Russian LNG imports
The European Parliament voted to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.
U.S. natgas prices fall 5% on big storage build, low feedgas to Freeport LNG
U.S. natural gas futures dropped about 5% on a bigger-than-expected storage build and forecasts for lower demand over the next two weeks than previously expected due to a drop in feedgas to the Freeport LNG export plant in Texas.
Galveston LNG Bunker Port advances with construction permit application
Galveston LNG Bunker Port, LLC, formed as a partnership between Pilot LNG and Seapath Group, has taken a significant step forward in its plans to establish the GLBP small-scale natural gas liquefaction facility on Shoal Point in Texas City, Texas.
APA curtailed natural gas production in Q1 amid weak prices
U.S. oil and gas producer APA Corp said that it had curtailed natural gas production in the first quarter due to weak prices.
Germany's Mukran LNG terminal receives operating permit
Germany's Baltic Sea import terminal for LNG at Mukran on Ruegen island has received its operating permit under federal and state laws.
U.S. natgas flows to Texas Freeport LNG export plant rises
The amount of natural gas flowing to Freeport LNG's LNG export plant in Texas was on track to rise for a second day in a row, according to data from financial firm LSEG.
TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
French oil and gas giant TotalEnergies said a planned new LNG project in Papua New Guinea would require 'more work' before a final investment decision could be reached.
Hapag-Lloyd receives largest LBM bunkering from STX Group and Titan Clean Fuels
STX Group and Titan Clean Fuels announced having successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam.
bp in talks to sell some Trinidad upstream gas assets to Perenco
bp is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco.
Shell sees significantly lower Q1 LNG trading results
Shell said it expects significantly lower results from its LNG trading business in the first quarter of 2024 compared with the previous three months.
Asia spot LNG holds at 6-week top amid sustained demand
Asian spot LNG was unchanged this week, keeping at a six-week high over $9 per MMBtu for a third consecutive week, as demand from buyers continued shoring up prices.
Shell, Aramco in final stage of Pavilion Energy talks
Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned LNG trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process,.
Enbridge wins approval to commence service on Louisiana (U.S.) Venice natgas pipe project
Canadian energy company Enbridge’s Texas Eastern Transmission subsidiary received approval from U.S. energy regulators to commence service of a natural gas pipeline associated with its Venice extension project in Louisiana.
Pembina Pipeline enters LNG offtake agreement with ARC Resources
Pembina Pipeline said it has entered into an agreement with Canadian firm ARC Resources, which will deliver about 200 MMcf per day of natural gas for liquefication to the Cedar LNG project.
Japan's Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant
Japan's Mitsui O.S.K. Lines Ltd. has started commercial operations of its FSRU to supply LNG to a power plant in West Java, Indonesia.
Baker Hughes to supply electric-driven liquefaction technology for Cedar LNG project
Baker Hughes, an energy technology company, announced it was awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.
VTTI to control Italy's biggest LNG terminal, Snam to get 30%
Energy storage group VTTI will get a 70% stake in Italy's biggest LNG terminal, with grid operator Snam owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalized by year-end.
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- LNG Canada expansion to be decided by 2025
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
