In this issue

 

Spain’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…
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…
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…
Kinder 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…
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…
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…
The 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…
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…
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…
Natural 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…
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…
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…
Mexico’s state-run electric utility Comisión Federal de Electricidad (CFE) is aiming to renegotiate take-or-pay clauses it had agreed with North American gas pipeline developers, including TransCanada and Sempra’s IEnova. CFE…
Rapidly evolving exports of LNG and liquid fuels will turn the United States into a net energy exporter next year. As gas demand grows in Asia and Henry Hub prices…

News Nudges

FERC raises concerns over Jordan Cove LNG project

In its draft environmental impact statement (EIS) for the Jordan Cove LNG export project in Oregon, the US Federal Energy Regulatory Commission (FERC) raised “serious reservations” about the environmental impact of the Canadian-led venture. Jordan Cove LNG, owned by Pembina Pipeline Corp., is designed to include five small-scale liquefaction Trains each with 1.5 mtpa of output for a total of 7.8 mtpa. It will also include two full-containment LNG storage tanks with total capacity of 320,000 cubic metres, gas treating facilities, an export jetty and access to more than 25 Bcf/d of gas supply from Western Canada and the US Rockies. “We conclude that constructing and operating the project would result in temporary, long-term, and permanent impacts on the environment,” said the FERC in its draft report. “Specifically, we conclude that constructing the project would temporarily but significantly impact housing in Coos Bay and that constructing and operating the project would permanently and significantly impact the visual character of Coos Bay. Furthermore, constructing and operating the project is likely to adversely affect 13 federally-listed threatened and endangered species,” the regulator stated. As proposed, the LNG plant would be visited by about 120 LNG carriers per year and Pembina has confirmed that it had signed preliminary accords with Jera and Itochu of Japan for the supply of LNG. The natural gas feeder pipeline would link to the existing pipeline systems in Klamath County, Oregon, and would span parts of Klamath, Jackson, Douglas, and Coos counties before connecting with the LNG plant. The approximately 229-mile-long, 36-inch-diameter pipeline would be capable of transporting up to 1.2 Bcf/d of natural gas.


Bangladesh nears start-up of 2nd FSRU

Bangladesh is getting ready to commission its second floating storage and regas unit (FSRU) in an effort to import more LNG for use in the power sector. Moored offshore the port of Cox’s Bazar, the FSRU vessel ‘Summit LNG’ has been chartered from Excelerate Energy in a project involving Summit Power. The Summit Group stated the ‘Summit’ FSRU can handle around 3.75 mtpa of LNG, which effectively doubles the Bangladesh’s LNG import capacity after a first FSRU, the ‘Excellence’, was commissioned at Moheshkhali Island in August last year. All regasified LNG, produced at the new FSRU, will be procured by state-owned Petrobangla. To transport the gas, the Chinese major CNOOC has been commissioned to build a 4.2 mile pipeline that connects Summit FSRU to the shore. Singapore-based Summit Power operates 20 power plants in Bangladesh with an installed capacity of 1,941 MW, which is about 20% of the country’s total privately-held power generation. Summit is currently developing a 583 MW gas power plant in the town of Meghnaghat, some 20km south of the capital Dhaka. The plant is planned to be commissioned in March 2022. Muhammed Aziz Khan, chairman of Summit Group, said the company was “working towards achieving power and energy sufficiency in Bangladesh under the bold leadership of the government.” Targeting Bangladesh, GE has agreed to potentially provide $50 million to Summit to be used for the development of power projects. Mitsubishi Corp. owns a 25% stake in Summit Group since Augsut 2018, and is also eying to participate in power projects across Southeast Asia.