In this issue

 

Monday, 01 April 2019

Exelon, STEC sign power supply accord for Annova LNG

Electricity, not natural gas, will drive the compressors of the Annova LNG export project at Brownsville Ship Channel, lowering the project’s carbon footprint. To that end developers have signed an…
Monday, 01 April 2019

Williams, CCPIB forge $3.8bn joint venture in Marcellus and Utica Basins

U.S. gas pipeline operator Williams and the Canada Pension Plan Investment Board (CPPIB) have set up a US$3.8 billion joint venture that centers around Williams' Ohio Valley Midstream (OVM) and…
Monday, 01 April 2019

Enagás buys stake in Tallgrass, operator of Rockies Express Pipeline

Free ReadSpain’s gas network operator Enagás has agreed to pay $590 million for a 10.93% ownership interest in Tallgrass Energy (TGE), the operator of several U.S. interstate pipelines. To finance the…
Monday, 01 April 2019

Chart and Indian Oil Corp. explore opportunities for modular LNG technologies

US-listed LNG equipment manufacturer Chart Industries and Indian Oil Corp, owner of India’s first East Coast LNG import terminal at Kamarajar Port, Ennore, have entered a cooperation to promote LNG…
Monday, 01 April 2019

Venture Global aims to expand U.S. Gulf Coast projects

The developer of Calcasieu Pass LNG in Louisiana, Venture Global has announced plans to expand the scope of its LNG development business on the US Gulf Coast to 60 mpta…
Monday, 01 April 2019

Train-1 of Elba Island LNG targeted to come onstream in April

Free ReadKinder Morgan said it would start-up its Elba Island LNG export plant in Georgia in late April after receiving regulatory permission in early March to introduce feed-gas, back-up fuel and…
Monday, 01 April 2019

FERC approves start of feeder pipeline for Freeport LNG venture

The Federal Energy Regulatory Commission (FERC) has granted approval for the Stratton Ridge pipeline additions to help provide the 700 million cubic feet per day that will be needed provide…
Monday, 01 April 2019

Shell, Energy Transfer move towards FID on Lake Charles LNG project

Energy Transfer and Shell plan to move towards a potential final investment decision on the 50-50 joint venture and have started seeking engineering, procurement and construction (EPC) companies, while intending…
Monday, 01 April 2019

Texas LNG project makes progress with permitting

Free ReadThe U.S. Federal Energy Regulatory Commission (FERC) has delivered a final environmental impact statement for the Texas LNG export project, giving the green light for proposed project in the Port…
Monday, 04 March 2019

Germany promises to offtake US LNG to earn some leverage with North Stream-2

Optimism has been expressed by Peter Altmaier, the German economy minister, that two regasification terminals will be built on the northern Germany coastline “in the foreseeable future” to enable LNG…
Monday, 04 March 2019

FID on Golden Pass LNG surprises analysts

Though no firm offtake agreement is in place, Qatar Petroleum and ExxonMobil have taken FID on their 15.2 mtpa Golden Pass LNG venture and announced they will jointly invest over…
Monday, 04 March 2019

Shell sees 18% surge in global LNG trade as coal-to-gas switch accelerates in Asia

Free ReadNatural gas will become the fastest-growing energy source in the coming decades, displacing coal as a fuel for power plants and heavy industries, Royal Dutch Shell said in its 2019…
Monday, 04 March 2019

Goldboro LNG places shares to raise funding

Pieridae Energy, developer of the German-backed Goldboro LNG export project in the Canadian province of Nova Scotia, has entered into agreements for a private placement of shares with a group…
Monday, 04 March 2019

Kwispaa LNG project grinds to a halt over adverse economics

Steelhead LNG has stopped construction on the Kwispaa LNG project in Sarita Bay on Vancouver Island’s west coast, casting doubt on the future of the joint venture. Developers said the…
Page 10 of 32

north america thumb

Download PDF
and back issues >>

News Nudges

US LNG permit

The US Federal Energy Regulatory Commission said Trans-Foreland Pipeline Co. a subsidiary of Marathon Petroleum Corp, has permission to convert the former small-scale Kenai LNG export plant into an import terminal. The FERC permit gives Trans-Foreland two years to put the proposed facility into service. Trans-Foreland plans to import around four LNG shipments per annum for use in the adjacent Kenai Refinery.


Charter rates firm

Shipping charter rates for LNG carriers in the spot market were firm as Northern Hemisphere winter market demand increased. Rates were quoted at an average of between $158,000 per day and $162,0000 per day West of Suez. Spot rates of $148,000 to 152,000 were heard for the East of Suez charter market for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters were also little changed for the most modern vessels and were available for around $47,000 per day.