In this issue

 

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…
Free ReadGlobal energy majors should take action to help governments promote the use of LNG and clean energy sources to meet national carbon emission targets, says Woodside Petroleum CEO Peter Coleman.…
Considering a future German LNG terminal in Brunsbüttel, northern Germany, local grid operators are seeking to realize the first industrial-scale Power-to-Gas project nearby. Called HySynGas, the project will turn renewable…
Chevron Corp. has pulled out of the bidding battle for Anadarko Petroleum and its Mozambique liquefied natural gas stake and US assets, leaving the way clear for Occidental Petroleum to…
Free ReadCommercial success of the much-delayed Shell-led C$40 billion LNG Canada venture is becoming more and more certain after Japan’s JERA Co Inc. signed a Heads of Agreement (HoA) to offtake…
Chevron’s $33 billion takeover of Anadarko – one of the world’s largest independent oil companies – will boost its lead in the Permian Shale, and grow its midstream and LNG…
Natural gas future prices for May at the U.S. benchmark Henry Hub have firmed to $2.535/MMBtu due to increased demand from the power sector and for feedgas from a growing…

News Nudges

US LNG for UK

UK natural gas prices have declined from record levels, though are still substantial compared with previous years at around $23.00 per million British thermal units and are attracting US shipments. A cargo is scheduled to arrive on January 11 at the UK South Hook terminal at Milford Haven on board the 160,000 cubic metres capacity carrier “Cool Voyager”. The vessel lifted the cargo on December 24 at the Freeport plant on Quintana Island in Texas.


Peru LNG for Korea

Peru LNG exported two late-December LNG cargoes to South Korea at the Japan-Korea Marker price for North Asian spot shipments, quoted at $37.265 per million British thermal units, according to national energy company PeruPetro. The car-goes were lifted from the Pampa Melchorita plant on the Peruvian Pacific Coast by the 159,800 cubic metres capacity carrier “Maran Gas Efessos” and the 173,400 cubic metres capacity vessel “Maran Gas Amphipolis”, the company added.


Chart wins $120m in liquefaction orders

Chart Industries has been awarded four liquefaction project orders – worth $120 million – from four different customers. The deals include ‘limited notice to proceed’ on two of the “Big LNG” export plant projects which are likely to take FID in 2022. Highlights of the four liquefaction project awards include a 15-ton hydrogen liquefier which will be built in North America with a new hydrogen liquefaction customer and a 60,000-ton BioLNG liquefaction train and associated equipment.