regasification

How tech is laying the foundation for future LNG success and compliance

3/7/2024

This work details some of the ways LNG operators are embracing and deploying technology to close the gaps that exist in their ESG compliance infrastructures and emerging operational needs.

Global Project Data

3/7/2024

A snapshot of the global gas processing and LNG project landscape.

Poland's Gaz-System chooses Mitsui O.S.K. Lines for FSRU

Polish pipeline operator Gaz-System has chosen Japan's Mitsui O.S.K. Lines to supply a floating storage and regasification unit.

Asia spot LNG price remains at 4-month low, falls 58% in 2023

Asian spot LNG prices remained at their lowest level in over 4 mos this week on strong inventories, mild weather and weak demand which are all bearish factors that are seen continuing into 2024.

China seeks exemption from U.S. sanctions on Russian LNG plant

China's state oil majors CNPC and CNOOC have both asked the U.S. government for exemptions from sanctions on Russia's Arctic LNG 2 export plant.

The race for clean energy: LNG and LH2 as the next frontier in fuel technology

11/30/2023

This article presents a comparison of LNG and LH2 as fuels, and discusses the properties and characteristics of both, including energy density, transportation, storage, safety, environmental impact, availability and cost.

Indian Oil to double Ennore LNG terminal's capacity to 10 MMtpy

Indian Oil Corp aims to double the capacity of its LNG import terminal at Ennore in southern India to 10 MMtpy.

Japan approves JERA plan to keep surplus LNG in winter

Japan's industry ministry has approved a plan by the country's top power generator JERA to hold a surplus of LNG in the winter as a strategic reserve in case of supply disruptions.

Asia spot LNG holds steady as demand weak, inventories high

Asian spot LNG prices slipped slightly this week, as demand was weak and inventories remained high in both Northeast Asia and Europe.

Germany builds up LNG import terminals

Germany's quest to increase LNG import capacity has intensified as it seeks to end reliance on Russian pipeline gas, on which the European region relied heavily prior to Moscow's invasion of Ukraine last year.

EU poised to propose extending energy crisis measures - official

The European Commission wants to extend emergency energy measures passed last year to cope with Europe's gas crisis to guard against future price shocks and quickly build-out renewable energy.

European LNG: The current market and its future

10/18/2023

The European LNG market is often characterized as a single homogenized LNG market. However, there are several distinct LNG markets within Europe, and LNG plays different roles and has different strategic and geopolitical importance in different parts of the continent. This article examines the current state of Europe's LNG market.

China LNG buyers expand trading after adding more US, Qatari contracts

China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.

Asian buyers may seek U.S. LNG if Australia worker disputes worsen

Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.

A sustainable solution to reduce Europe’s reliance on natural gas

6/13/2023

This analysis shows that Europe will need to reduce natural gas demand by 55 Bm3 this year alone to mitigate against a potentially colder winter, a possible end to Russian supplies or rebounding Asian demand. This comes at a time when Europe has little bandwidth for additional energy rationing without sustaining a steeper slowdown in economic activity.

Finland's LNG import terminal fully booked for Q2 and Q3

Finland’s floating storage and regasification unit is fully booked for liquefied natural gas imports in the second and third quarters this year.

Philippines' First Gen seeks one LNG cargo for FSRU commissioning in Sept

Philippine power producer First Gen Corp will issue a tender probably in the next two weeks for one LNG cargo for delivery in September.

GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal

GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.

Asian spot LNG prices continue to decrease

Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.

Germany LNG import bill to eclipse $10 B

Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.

Germany's natural gas imports bill more than doubled in 2022

Germany's natural gas import costs more than doubled in 2022 despite volumes being slashed by 30%.

Japan to emphasize natural gas/LNG and clean fuels at G7 summit

Japan plans to emphasize the importance of investments in natural gas, LNG and cleaner fuels at the G7 summit later this year.

Enagas purchases gas pipeline network from Reganosa

Spanish grid operator Enagas has bought a 130-km gas pipeline network from energy firm Reganosa while selling the latter a 25% stake in its El Musel regasification plant in northern Spain.

WFW advises Hoegh LNG on refinancing options for German FSRUs

Watson Farley & Williams advised Höegh LNG on the refinancing of the Höegh Esperanza and Höegh Gannet FSRUs that will service Germany’s new FLNG terminals in the North Sea ports of Wilhelmshaven, Lower Saxony and Brunsbüttel, Schleswig-Holstein.

Asian LNG spot prices fall to lowest level since July 2021

Asian spot LNG prices eased this week, extending declines to its lowest since July 2021, as demand from key buyers in northeast Asia remain weak.

Greece's Gastrade sees decision on second LNG terminal this year

Gastrade said it expects to take a final investment decision on developing a second gas floating storage and regasification unit off the country's northern port of Alexandroupolis by the end of the year.

Number of ships loading LNG in Spain doubled in 2022

The number of ships loading LNG in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine.