In this issue

 

Free ReadShell Eastern Trading will be the first supplier of LNG cargoes to Hong Kong for use in the 2.5 Gigawatt Black Point and 3.7 GW Lamma Island Power Stations. Under…
Global market are flush with new supply from the latest round of US LNG project build-out, but the prevailing ‘tolling’ model makes offtaker exposed to a significant downside risk. LNG…
The latest U.S. Government Short-Term Energy Outlook (STEO) anticipates natural gas production will grow much less in 2020 because of the lag between changes in price and changes in future…
Asia's hunger for natural gas and electricity is likely to increase over the coming five years, the International Energy Agency (IEA) says, forecasting annual growth rates of over 4% in…
Free ReadThe International Energy Agency says the massive expansion of natural gas production is having wide-ranging effects on the global liquefied natural gas balance by underpinning major investments in new liquefaction…
Efforts to develop Vaca Muerta, Argentina’s vast shale reserves in northern Patagonia, have slowed as national energy companies await direction from the incoming President. Alberto Fernández, who took office on…
US LNG exports received a regulatory boost when Cheniere Energy Corpus Christi expansion was approved in mid-November along with three other development projects in Texas proposed by NextDecade Corp., Texas…
Free ReadDefending Golar LNG’s new strategy to spin off shipping operations, chairman Olav Troim said “significant progress” has been made on downstream LNG distribution for power generation and as a transportation…
Chart Industries has installed and commissioned Europe’s largest LNG fuelling station near the northern German city of Bakum. Using cleaner-burning LNG as a transport fuel will help reduce sector emissions…
Fast adoption of floating LNG technology across Asia is opening up new gas markets in Indonesia, Malaysia, Singapore and the Philippines. According to Black & Veatch, gas-fired power projects are…
US equity fund Kohlberg Kravis Roberts (KKR), alongside Alberta Investment, has sealed a deal to purchase a 65 percent equity interest in the Coastal GasLink Pipeline. Spanning over 416 miles,…
Free ReadFreeport LNG in mid-December shipped its first cargo from the second liquefaction Train at the export facility on Quintana Island in Texas. The cargo was apparently lifted by the 138,000…
American oil and gas producers are shying away from building major pipelines in the Appalachian Shale as production has slowed down in the current low-price environment. “No exit pipelines will…
A flurry of pipeline projects has been proposed throughout the United States. The U.S. government counts 134 active projects but only 46 entered service this year, adding 16-17 billion cubic…

News Nudges

McDermott and Chiyoda produce first LNG at Cameron Train-2

US engineering company McDermott and Japanese firm Chiyoda in late December announced the Cameron liquefaction plant on the Calcasieu Ship Channel had begun producing LNG. McDermontt stressed this step is “a precursor to substantial completion of Train 2.” “This accomplishment is attributable to the entire team's unwavering commitment to project delivery and steadfast focus on safety and quality performance as we work towards completion of Train 2,” said Mark Coscio, McDermott's Senior Vice President for North, Central and South America. McDermott and Chiyoda have provided the engineering, procurement and construction for the Cameron LNG project since the project's initial award in 2014. The project includes three liquefaction Trains with a projected export of 12 million tonnes per annum (mtpa) of LNG, or about 1.7 billion cubic feet per day (bcf/d). Cameron LNG is jointly owned by affiliates of Sempra Energy, Total, Mitsui & Co. and Japan LNG Investment, a company jointly held by Mitsubishiand shipping line Nippon Yusen Kabushiki Kaisha.