Processing/LNG
Exxon Mobil to Sell Majority Stake in Italy LNG Terminal to BlackRock
Exxon Mobil Corp. chose BlackRock as the potential buyer for its majority stake in Italy's main LNG import terminal, the U.S. oil producer said in a statement.
LNG Custody Transfer System Provides Transparency
(P&GJ) — With the skyrocketing cost of fuel, the value of any mistakes made while loading and unloading liquid natural gas (LNG) carriers is increasing. This makes it even more important for plant and instrumentation managers to have access to the most accurate measurement tools.
Egypt to Resume LNG Exports, Aiming to Reach 12 Million Tons Annually
Egypt, which faces growing demand for gas from its population of 105 million, will resume LNG exports this month as planned, petroleum minister Tarek El Molla said on Tuesday.
Freeport LNG Asks FERC to Authorize Texas Export Plant Restart
U.S. LNG company Freeport LNG sought permission from federal energy regulators to take more steps to return its export plant in Texas to full commercial operation.
US LNG Exports Slump in September as Plant Outages Pare Output
U.S. LNG exports in September decreased slightly compared to August, primarily due to maintenance outages at key gas-processing plants. Cheniere's Corpus Christi facility operated at reduced capacity for four days, while ongoing maintenance at Berkshire Hathaway Energy's Cove Point facility in Maryland also impacted LNG exports last month.
Venture Global Expands Partnership with Baker Hughes for Modular LNG System
(P&GJ) — Venture Global LNG has extended its partnership with Baker Hughes to develop a modularized LNG system and power island. This expansion comes as part of a master equipment supply agreement, recently expanded to over 100 million tons per annum (MTPA) from the initial 70 MTPA.
Moldova Will No Longer Buy Gas from Russia's Gazprom
Much of Moldova will no longer buy gas from Russian energy giant Gazprom, Moldovan Energy Minister Victor Parlicov said on Monday, referring to parts of the country that capital Chisinau controlled and not breakaway areas.
Eni Makes Major Gas Discovery in Indonesia
Italian energy group Eni has made a significant gas discovery in Indonesia, opening the door to strengthening its position in the Asian country, where it has been present since 2001 with a portfolio of exploration and production assets.
Study Finds Growth Within Thermal Flowmeter Market
(P&GJ) — Thermal flowmeters are riding the surge of gas flow measurement in both renewable and traditional natural gas applications, according to a new study from Flow Research, “The World Market for Thermal Flowmeters.”
Cheniere Energy's Gas Intake at Texas LNG Plant Down for Fifth Day
Gas flows to Cheniere Energy's Corpus Christi, Texas, LNG export plant on Friday were reduced for a fifth consecutive day, according to data provider LSEG.
Joint Venture to Establish First LNG Ship Bunkering Hub in U.S. Gulf
A joint venture is developing the first dedicated LNG bunkering facility for ships in the U.S. Gulf amid efforts by the maritime industry to find cleaner fuel solutions, executives said on Thursday.
Saudi Aramco to Acquire Stake in EIG's MidOcean Energy for LNG Expansion
Saudi Arabia's oil group Aramco said on Thursday it had agreed to acquire a strategic minority stake in LNG company MidOcean Energy for $500 million, with an option to increase the size of the shareholding.
Cheniere Energy Reduces Gas Intake at 2 U.S. LNG Plants by 1 Bcf/d
The largest U.S. LNG producer, Cheniere Energy, on Tuesday reduced its combined feed gas intake at two of its plants by about 1 billion cubic feet per day (Bcf/d), according to data provider LSEG.
QatarEnergy, Korea's HHI Sign $3.9 Billion Deal for 17 LNG Carriers
QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries for the South Korean firm to supply it with 17 LNG carriers.
Woodside Awards Contract for Pluto LNG Train 1 Modification Project
(P&GJ) — KBR has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy as operator for and on behalf of the Pluto Joint Venture.
Shell and Trinidad's National Gas Company Sign New Supply Agreement
Shell Plc on Friday signed an agreement to supply Trinidad and Tobago's National Gas Company (NGC) with natural gas through 2036, including from the yet-to-be developed Manatee offshore field, according to the state gas company.
Mexico's First LNG Plant to Receive Final Piece in Days
The last major piece of infrastructure needed to start production at Mexico's first floating LNG plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.
FERC Approves Sempra's Port Arthur LNG Phase 2 Expansion Project
(P&GJ) — Sempra Infrastructure has announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas.
FACTBOX: Deals on the Rise in US Oil and Gas Pipeline Sector
The oil and gas pipeline business has seen increased consolidation this year as U.S. production grows and new pipeline permitting problems have made existing operators more valuable.
Repsol Challenges Venture Global LNG Over Failure to Supply Gas
Spain's Repsol SA has asked an international tribunal to require U.S. gas exporter Venture Global LNG to fulfill its contract for LNG or compensate it, Reuters reported. It is the fourth European customer to pursue an arbitration case against the U.S. developer.
Sources: Sinopec Buys Over 30 LNG Cargoes for Winter Demand, Trading
China's Sinopec Corp has bought more than 30 cargoes of LNG via a tender for October 2023 to the end of 2024 to cover Chinese winter demand and boost the supply pool for trading, traders said.
Germany Expands LNG Regasification Capacity with New Terminals
A new LNG terminal at Mukran on Ruegen Island in the German Baltic Sea should be operational from the first quarter of 2024, Gascade, the pipeline firm building its onshore connection, said.
NextDecade Secures $356 Million Loan for Rio Grande LNG Phase 1
NextDecade said on Wednesday it had received a loan worth $356 million from a group of lenders to finance a portion of Phase 1 of its Rio Grande LNG export facility in Texas.
Berkshire Hathaway Maryland Cove Point LNG Export Plant Shut
The amount of natural gas flowing to U.S. energy firm Berkshire Hathaway Energy's Cove Point LNG export plant in Maryland fell to near zero on Wednesday, a sign that the plant likely shut for work expected to start on Sept. 21.
Japan's Mitsui to Comply with Arctic LNG 2-Related U.S. Sanctions
Japan's Mitsui said on Saturday it is committed to complying with restrictions in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 liquefied natural gas project in which it holds a stake.
Greenpeace Blocks Arrival of New LNG Unit at French Port
A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.
Venture Global CEO Says Court Battles Are Not Slowing the Company's LNG Projects
Venture Global LNG's chief executive insisted recently that the company's development of U.S. LNG plants has not been slowed by international court battles over its failure to deliver cargoes to contract holders, including BP and Shell.
Irish Planning Body Rejects Major LNG Terminal, Cites Climate Plan
Ireland's top planning body has refused permission for a major new LNG terminal, citing the government's greenhouse gas reduction targets, a possibly fatal blow to a project supporters say is essential to the country's energy security.
Sources: Disagreements Delay Russian Gas Hub Plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.
ConocoPhillips Signs 15-Year LNG Deal at Gate Terminal in Netherlands
ConocoPhillips has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.
- 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
