In this issue

 

Commissioning is underway for Nord Stream 2 and once the pipeline starts up in late August, or early September, cheap Russian gas supply will likely reduce US LNG exports to…
Natural gas spot price at the US bellwether Henry Hub keeps rising amid growing LNG exports and higher gas industrial consumption. Analysts expect spot prices to reach $2.92 per MMBtu in…
Peak summer LNG shipments to Taiwan has surged due to an earlier-than expected shutdown of the first 990 MW unit at the Kuosheng nuclear power plant, with monthly LNG imports…
Free ReadArgentina’s seasonal LNG imports are increasing following the arrival of Excelerate’s FSRU Exemplar at Bahia Blanca, just south of Buenos Aires. The first commissioning cargo already arrived at the FSRU…
US gas major Tellurian will soon sign a long-term lease for the Lake Charles LNG project in Louisiana so it can begin preparing the site for full construction. “Look for…
New Fortress Energy, the US LNG supplier in the Americas, has received three permits from Mexican Energy Regulatory Commission (CRE) for regasification, storage and distribution of the superchilled gas at…
Free ReadBlack & Veatch will carry out the technical, engineering and commercial feasibility studies of the Andes Energy Terminal (AET) in Colombia. It will scrutinise the development of a LNG regas…
Marlim Azul Energia will generated electricity from domestic gas from Brazilian pre-salt deposit. One M501JAC gas turbine has been shipped from Mitsubishi Power Americas to Marlim Azul Energia's power project…
Chevron Corp., a leading LNG exporter and operator of liquefaction projects in Africa and Australia, has no plans to reduce its oil and gas business in favour of wind and…
Monday, 05 July 2021
• May-June exports at 12.17mmt • Down 0.41mmt (-3pct) over March-April period • Shipments up 6.32mmt (108pct) over period year-on-year • Avg. US capacity utilisation at 97pct for report period
Monday, 05 July 2021
Free ReadPeriod between 1 May and 30 June, inclusively. Elba Island LNG Elba Island LNG exported five cargoes amounting to 0.36mmt in May and June, broadly steady in volume terms compared…
Prospect of dwindling production from Argentina’s Vaca Muerta shale will likely spark a rise in US LNG imports over the coming months to build up reserve prior to the heating…
Flex LNG, the Norwegian shipowner with a fleet of 12 modern vessels, has signed charters with Cheniere Energy of the US, for at least four of its carriers, and with…
The American Bureau of Shipping, the US classification society, has held its annual meeting of members in Houston and recalled a past year of success.

News Nudges

US LNG plant lease

Tellurian Inc., developer of the US Driftwood LNG plant in Louisiana, has exercised its long-term lease option with the Lake Charles Harbor and Terminal District on a 477-acre site. The ground lease agreement has an initial term of 20 years with extension options of up to 50 years. “Tellurian is taking necessary steps to prepare for Driftwood LNG construction by entering into this long-term lease and executing certain projects such as road improvements and utility relocation,” said Tellurian’s Executive Vice President and Chief Operating Officer (COO) Keith Teague.