Processing/LNG
Global News April 2024
Latest industry developments from around the world!
DOE, FERC Take Different Positions on LNG
Environmentalists hailed the announcement by the Biden administration at the end of January — which halted the further approval of LNG exports — calling it a big victory in their fight against climate change and the natural gas industry’s alleged contribution to greenhouse gas emissions.
Oman LNG Inks 10-Year Supply Deal with TotalEnergies for 800,000 Tons Annually
Oman LNG and TotalEnergies, one of its shareholders, have signed a sale and purchase agreement to supply 800,000 metric tons per year of liquefied natural gas (LNG), the companies said on Monday.
Russian LNG Exports Could Stall Over Next Four Years Amid Sanctions Pressure
Russia's LNG exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios - a sign that Western sanctions might be cramping Moscow's energy plans.
Tanker Departs Freeport LNG in Texas After 12-Day Hiatus
The first tanker in 12 days set sail from Freeport LNG's Texas export terminal on Tuesday, signaling the resumption of gas processing after an outage this month.
Texas LNG Expands Offtake Capacity with EQT, Nears Full Permitted Capacity
Texas LNG, a planned four MTPA LNG export terminal in the Port of Brownsville, Texas, has broadened its partnership with EQT by securing a second natural gas liquefaction services agreement for an additional 1.5 MTPA of LNG over 20 years.
Equinor's Hammerfest LNG Plant Shuts Until Friday After Gas Leak
Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday because of a gas leak during maintenance and will remain offline until Friday at least, the company said.
MidOcean Energy Acquires 20% Stake in Peru's First LNG Export Facility
PLNG's assets encompass a natural gas liquefaction plant boasting a processing capacity of 4.45 MTPA, along with a fully-owned 254-mile (408 km) pipeline capable of handling 1,290 MMcf/d.
Mitsui Yet to Decide on ADNOC LNG Project Partnership Despite Nikkei Report
Japan's Mitsui & Co. said on Tuesday nothing has been decided on an LNG project in the United Arab Emirates, after the Nikkei reported it was teaming up with Abu Dhabi National Oil Company (ADNOC) on it.
U.S. Natural Gas Flows to Texas Freeport LNG Export Plant Rise on Monday
The amount of natural gas flowing to Freeport LNG's liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Monday, according to data from financial firm LSEG.
Wah Kwong Expands LNG Carrier Fleet Amid Growing Trade Demand
Hong Kong-based shipping company Wah Kwong is finalizing a deal later this month to double the number of LNG carriers that it has ordered to four, as it eyes growing global trade in the superchilled fuel, its chairman said.
Technip Energies Secures Contract for TotalEnergies and OQ's Marsa LNG Project in Oman
Technip Energies, has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.
First Tanker Arrives at Troubled Freeport LNG Export Plant After 11-Day Hiatus
The first liquefied natural gas tanker to dock at Freeport LNG's gas liquefaction plant in 11 days arrived on Saturday, vessel tracking data from financial firm LSEG showed.
PetroChina Purchases First Spot LNG Cargo from Papua New Guinea National Oil Firm
PetroChina International has lifted a spot cargo of LNG from the PNG LNG project sold by Papua New Guinea's national oil company, the Chinese state oil and gas trader said on Friday.
U.S. LNG Export Plants See Rise in Natural Gas Flows, Freeport Among Key Facilities
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% on Thursday from a 15-month low on Tuesday, data from financial firm LSEG showed.
Texas Regulators Fine Freeport LNG for Environmental Breaches
Texas' environmental regulator has fined LNG exporter Freeport LNG $152,173 for violating state air pollution emissions rules for periods between 2019 and 2021, the company reported on Tuesday.
Chart Industries to Supply Liquefaction Equipment for Cedar LNG Project
Chart Industries Inc. has been chosen to supply critical liquefaction equipment, including the natural gas liquefaction cold boxes and brazed aluminum heat exchangers, to the Cedar LNG project.
Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
Freeport LNG's liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 million cubic feet per day, or 5% of its fully operational use, data from financial firm LSEG showed on Monday.
Black & Veatch Receives Green Light for Canada's First FLNG Project
Black & Veatch, in collaboration with Samsung Heavy Industries, has received full authorization from Cedar LNG LP partners to commence construction of Cedar LNG's floating liquefaction facility in Kitimat, British Columbia.
U.S. Natural Gas Exports Hit Record 21 Bcf/d in 2023, Led by LNG and Pipelines
(P&GJ) — According to the U.S. Energy Information Administration (EIA), the United States marked a record volume of natural gas exports in 2023, buoyed by robust LNG shipments and steady pipeline deliveries to neighboring countries.
Kansas City Fed Survey: Oil, Gas Activity Declines in U.S. Midwest, Rockies During Q1 2024
Oil and gas energy activity in Oklahoma, Colorado and the northern part of New Mexico fell in the first quarter of 2024, the Federal Reserve Bank of Kansas City, Missouri, said on Friday in its quarterly survey of energy activity.
EU Parliament Approves Legal Option to Block Russian LNG Imports
The European Parliament voted on Thursday to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.
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, private operating company Deutsche ReGas said on Wednesday.
PetroVietnam Power Secures $300 Million from Citibank, ING for LNG Plants Development
PetroVietnam Power said on Monday it has signed an agreement for a $300 million short-term loan from Citibank and ING to fund its projects to develop Vietnam's first two LNG power plants.
TotalEnergies Delays Final Investment Decision for Papua LNG Project to 2025
French oil and gas giant TotalEnergies on Monday said a planned new LNG project in Papua New Guinea would require 'more work' before a final investment decision could be reached.
Mitsui OSK Starts FSRU Operations for Indonesia Gas-Fired Power Plant
Japan's Mitsui O.S.K. Lines Ltd. (MOL) has started commercial operations of its floating storage and regasification unit (FSRU) to supply LNG to a power plant in West Java, Indonesia, the company said on Friday.
Shell, Aramco in Final Price Negotiations for Pavilion Energy Acquisition, Sources Say
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, three sources with knowledge of the matter said.
Coastal GasLink Route Fuels Pembina Pipeline's LNG Deal with ARC Resources for Cedar LNG
Under the agreement, ARC Resources will supply natural gas through the Coastal GasLink from its production base in Montney, British Columbia, for a term of 20 years commencing in 2028.
VTTI to Control Italy's Largest LNG Terminal, Snam Acquires 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.
Court Upholds FERC's Authority in Gas Pipeline, LNG Project Deadline Extensions
(P&GJ) — A recent court ruling upheld FERC's authority to extend deadlines for approved natural gas projects, despite opposition from environmental groups. The cases in question involved the Northern Access Pipeline in Pennsylvania and the expansion of Cheniere's Corpus Christi Liquefaction LNG facility in Texas.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
