Processing/LNG

Freeport LNG Restores Texas Plant Operations After Power Outage

Freeport LNG on Monday said its plant at Quintana Island, Texas, returned to full operations following an outage last week caused by unstable power from its provider Center Point Energy.

For Midstream, Welcome Trump Regulatory Changes Afoot

Last July 24, the five commissioners of the Federal Energy Regulatory Commission (FERC) journeyed up to the House Energy and Commerce Committee for what could have been a difficult hearing. The committee was controlled by Republicans.

EIA Projects Rising U.S. Natural Gas Prices Amid Growing LNG Demand

The U.S. Energy Information Administration (EIA) expects wholesale natural gas prices to rise in 2025 and 2026 as demand outpaces supply, largely driven by increased exports from liquefied natural gas (LNG) facilities.

U.S. LNG Production Growth Expected to Aid India, Says Petronet LNG CEO

An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.

Former Golden Pass LNG Contractor Zachry Set to Emerge From Bankruptcy by March

The Texas construction contractor that last year quit the Golden Pass liquefied natural gas plant project, a joint venture between QatarEnergy and Exxon Mobil, could exit Chapter 11 bankruptcy before April, the company said on Jan. 24.

Louisiana’s Argent LNG Inks Deal to Supply 5 Million Tons of LNG Annually to Bangladesh

Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a deal with the government of Bangladesh to purchase up to 5 million metric tons of LNG annually.

Revisiting the Biggest Midstream Stories of 2024

(P&GJ) – In this final issue of P&GJ for 2024, the staff – with more than a little help from our readers – takes a look back at the sometimes-frenzied year for pipeline construction that was 2024.

JERA Plans U.S. LNG Expansion to Balance Japan's Energy Portfolio

Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.

Tamboran, Santos Partner on Darwin LNG Expansion Studies

Tamboran Resources and Santos have signed a non-binding memorandum of understanding to conduct technical studies for a potential expansion of the Darwin LNG facility in Australia's Northern Territory.

LNG Developers in Texas and Louisiana Praise Export Freeze Lift

Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

Freeport LNG in Texas Nearing Full Operations as Gas Flows Recover From Outage

Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders showed.

Kinder Morgan’s 216-Mile Trident Pipeline Progresses as Q4 Profit Hit by Crude Slowdown

Kinder Morgan is moving forward with the 216-mile Trident pipeline to boost gas capacity near Port Arthur, Texas, as lower crude volumes weigh on Q4 profits.

Freeport LNG Shutdown in Texas to Continue Amid Power Issues

U.S. liquefied natural gas company Freeport LNG said on Wednesday it closed its export plant in Texas on Tuesday due to a power feed problem during a winter storm and will keep it shut until power supply stabilizes.

Venture Global LNG Lowers IPO Valuation Target to $65.3 Billion

Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion.

Trump Lifts Biden’s Freeze On Liquefied Natural Gas Exports

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.

Texas Ports Suspend Operations as Winter Storm Hits Gulf Coast

Port Freeport on Tuesday said it expects limited vessel activity due to cold weather conditions in the Texas Gulf Coast area amid winter storm Enzo.

Argentina's YPF Signs LNG Export Deal with Indian Firms

Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 million metric tons of LNG per year, the company said on Tuesday.

Mozambique’s President Rules Out LNG Contract Revisions with TotalEnergies, Exxon

Mozambique is not looking to review contract terms with energy majors like TotalEnergies and ExxonMobil who are planning multibillion-dollar liquefied natural gas projects in the country, its new president said on Friday.

East Texas Gas Storage Facility Begins Operations, Strengthening Texas Energy Grid

Trinity Gas Storage has started operations at its 24 Bcf gas storage facility in Anderson County, East Texas. This marks the first new greenfield gas storage facility in Texas in over a decade and aims to address supply and reliability issues exposed during Winter Storm Uri.

Trump Plans to End LNG Export Permit Renewals, Sources Say

U.S. President-elect Donald Trump plans to abolish the requirement for some producers of liquefied natural gas (LNG) to seek export permit renewals, according to two sources with knowledge of the plan.

Trump Energy Pick Prioritizes LNG Expansion in U.S. Energy Strategy

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, told U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including LNG.

Germany’s DET Sets LNG Auctions at Wilhelmshaven, Brunsbuettel Terminals for Early February

Germany's Deutsche Energy Terminal has announced short-term auctions for regasification capacity of LNG at its Wilhelmshaven and Brunsbuettel LNG terminals on Feb. 4, 5 and 6, a note on its website said.

U.S. Natural Gas Prices Dip from 2-Year High on Higher Output, Lower Freeport LNG Flows

U.S. natural gas futures eased about 1% on Monday from a two-year high in the prior session on a reduction in the amount of gas curtailed by freezing pipes and lower flows to Freeport LNG's export plant in Texas.

Freeport LNG Gas Flows Decline to One-Month Low in Texas

The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to fall to a one-month low on Monday, according to data from financial firm LSEG.

Venture Global to Target $110 Billion Valuation in IPO Pitch Next Week

Venture Global LNG will begin formally pitching investors next week for its highly anticipated initial public offering, with the second-largest U.S. producer of liquefied natural gas aiming to secure a non-diluted valuation of as much as $110 billion, documents show.

AGDC and Glenfarne to Develop $44 Billion Alaska LNG Project, Including 807-Mile Pipeline

The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said on Friday.

Philippines Encourages LNG Importers to Aggregate Purchases to Lower Prices

The Philippines is encouraging importers of liquefied natural gas (LNG) to voluntarily aggregate purchases of the super-chilled fuel in efforts to lower prices and improve market efficiencies, government officials said on Wednesday.

Equinor Extends Hammerfest LNG Outage to Jan. 19 Due to Compressor Repairs

Equinor has extended an ongoing outage at its Hammerfest LNG plant in Arctic northern Norway by 10 days to Jan. 19 as it continues to repair a failed compressor, the company said in a regulatory filing on Wednesday.

Shell Faces Shareholder Scrutiny Over LNG Strategy and Climate Goals

Shell's plans to increase sales of liquefied natural gas (LNG) have been called into question by a major group of shareholders that has filed a resolution asking whether the strategy is compatible with a goal to cut carbon emissions.

Trump Vowed Swift LNG Approvals, but Advisers Urge Patience to Avoid Legal Pitfalls

Advisers to U.S. President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses, fearing rapid approvals will only get overturned in court, according to two sources familiar with the discussions.