In this issue

 

The biggest losers of tit-for-tat trade politics between the United States and China are developers of US LNG export projects. Debt-financing for such costly infrastructure projects is now hard to…
State-owned Saudi Aramco, the world’s largest oil and gas company, has signed a Heads of Agreement (HoA) or a definite 20-year LNG sale-and-purchase agreement (SPA) over 5 mtpa from Phase-1…
Falling gas prices in Europe and Asia pose no risk of reducing US LNG exports, the Cheniere Energy CEO Jack Fusco said. “There haven’t been any spot cargos that haven’t…
Announcing non-FTA export approval for the Driftwood LNG project near Lake Charles, the US Energy Secretary Rick Perry said he “applauds the American private sector for continuing to reach new…
Spreads for arbitrage trading are narrowing between the Dutch TTF and the US Henry Hub as well as the TTF and the Japan Korea Marker (JKM), so Energy Aspects warns…
In a triangle move to lift a US LNG cargo, the Qatari Q-Flex tanker “Al Safliyah” has become the largest LNG vessels to transit the expanded Panama Canal. It recently…
YPF, Argentine’s state-run oil and gas producer, is seeking to sell a partial cargo from its Tango floating liquefaction unit at Bahia Blanca in a first step to turn the…
The Port of Corpus Christi in Texas, the site of an LNG export plant owned by Cheniere Energy and other oil and gas shipment facilities, said it was set to…
Developers of the delayed Freeport LNG export project in Texas are selecting a preferred bidder for the fourth processing Train, although construction of Train 1-3 still needs to be completed…
Petroleos Mexicanos (Pemex), the Mexican oil and gas company, says its 2% month-on-month rise in its natural gas production is aimed at reducing the country’s dependency on pipeline gas and…
Energy trade between Mexico and the United States has undergone massive change. The value of U.S. exports of petroleum products nearly tripled from $10.4 billion in 2008 to a record…
Global energy majors should take action to help governments promote the use of LNG and clean energy sources to meet national carbon emission targets, says Woodside Petroleum CEO Peter Coleman.…
Considering a future German LNG terminal in Brunsbüttel, northern Germany, local grid operators are seeking to realize the first industrial-scale Power-to-Gas project nearby. Called HySynGas, the project will turn renewable…
Chevron Corp. has pulled out of the bidding battle for Anadarko Petroleum and its Mozambique liquefied natural gas stake and US assets, leaving the way clear for Occidental Petroleum to…

News Nudges

Cameron LNG schedule

The US Federal Energy Regulatory Commission (FERC) has been notified by the Sempra-led Cameron LNG export project that the last two Trains of the three-Train project would enter commercial service by 19 September 2020 rather than in Q1 and Q2-2020. This is because the FERC approved the construction of three liquefaction Trains in the first phase at Cameron on June 19, 2014 and the permit required the project be completed within five years. However, work and weather-related delays have affected the original schedule. Trains-1 is scheduled to ship its first cargo in June after production from feed-gas supplies began earlier in May. When completed the Cameron plant will export at least 12 mtpa of LNG, or about 1.7 Bcf/d of natural gas. Cameron LNG is owned by Sempra and other shareholders include Total, Mitsui & Co. and LNG Investment, a company jointly owned by Mitsubishi and Nippon Yusen Kabushiki Kaisha (NYK Line).


Jacksonville LNG starts

JAX LNG, situated at Dames Point in Jacksonville, Florida, has held a ribbon-cutting ceremony to mark the start-up of the newly constructed plant. JAX LNG is the first small-scale plant in the US with both marine and truck-loading capabilities and was built through a joint venture between Pivotal LNG and NorthStar Midstream.