In this issue

 

Dry natural gas production in the United States is about to reach a fresh record of 81 Bcf per day, spurring LNG export growth and pushing down prices this year. According…
Gaining access to shale assets in Argentina, Qatar Petroleum has acquired a 30% stake in ExxonMobil’s prolific Vaca Muerta oil and gas play in the onshore Neuquén basin in Argentina.…
Canada, the largest energy trading partner of the United States, consistently exceeds the value of U.S. energy exports to Canada by a large margin. According to EIA figures, energy accounted…
Unplanned downtime can cost an LNG facility as much as $4 million per day. With potential costs so high, profitability is largely linked with unplanned downtime. According to GE Power…
Shifting tact, Uniper CEO Klaus Schäfer has announced plans to expand the utility’s business supplying LNG to power generators in South America, Middle East and Asia. Speaking to investors he…
Nearly two-thirds of oil and gas sector leaders, surveyed by the Norwegian classification society DNV GL, plant to boost spending on gas projects in 2018, with gas expected to overtake…
Against the run of play, LNG buyers are prepared to pay a premium for supply from Australia and the United States – described by Standard & Poor’s as “the swing”,…
The U.S. decision to leave the Iran nuclear deal and force the Middle East nation to cut its oil exports again keeps pushing up Brent, WTI and oil-linked LNG export…
The tanker was carrying a cargo from the Sabine Pass plant in Louisiana owned by Cheniere Energy. According to shipping data, the cargo was lifted on May 3 from the…
Mexico, the largest buyer of US pipeline gas and LNG, is preparing a tender for strategic storage at depleted oil and gas reservoirs. Cenagas, the Mexican National Natural Gas Control…
Advancing its capacity buildout, Cheniere Energy has taken a final investment decision (FID) on a third train at Corpus Christi LNG which will take the terminal’s liquefaction capacity to a…
California-based Sempra Energy has settled a dispute with Chicago Bridge & Iron (CB&I), the contractors working on transforming the Cameron LNG facility at Hackberry in Louisiana from an import to…
Alaska LNG has reached an agreement with BP and Alaska Gasline Development Corp (AGDC) on feed-gas supplies, including price and volume. The parties aim to finalize a long-term gas sales…
Dry natural gas production in the United States is forecast to reach a new record of 80.5 billion cubic feet per day (Bcf/d) in 2018, up from 73.6 Bcf/d in…

News Nudges

Freeport LNG joins list of U.S. gas exporters

Freeport LNG has become the sixth major US liquefaction facility to start operations First LNG production for the project’s Train 1 occurred on 12th August, 2019, according to Japanese utility major JERA. Osaka Gas and JERA are involved in the project through a company, FLNG Liquefaction (FLIQ1). Work will continue towards the start up of commercial operation in the autumn of this year, the companies said. FLIQ1 made its final investment decision (FID) for Train 1 in October, 2014. The project operator is Freeport LNG Development. After achieving commercial start up, Osaka Gas and JERA will lift half of Train 1’s total contracted capacity amounting to about 4.64 mill tonnes per annum, on liquefaction tolling agreements with FLIQ1. In addition, both companies will each secure LNG without destination restrictions, diversify their supply sources and price indices, and enhance the stability and flexibility of their LNG procurement, JERA said. Ship tracking data showed several LNGCs in the area possibly waiting to load at the facility.