In this issue

 

The American Gas Association has welcomed the balanced perspective taken in the draft guidance released by the White House Council on Environmental Quality in relation to the greenhouse-gas emissions of…
California-based Sempra Energy is striving to take a leadership role in modernizing North America’s natural gas infrastructure to help incentivize power plant operators to switch from coal to gas. On…
Trump-alley Andrew Wheeler, the head of the U.S. Environmental Protection Agency (EPA), has signed a final ruling that roles back Obama-era emission limits for thermal power plants. The new rule…
Free ReadThe 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…
Free ReadAnnouncing 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…
Free ReadThe 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…

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.