In this issue

 

Use of combustible, or fossil fuels, for power generation has fallen by 1% in OECD countries over the course of 2017, according to a monthly assessment compiled by the International…
About 21 GW of natural gas-fired generators are scheduled to come online in the United States this year out of a total 32 GW of new-built electric capacity. “If these…
Challenges in securing long-term offtake agreements, as well as rising construction cost, have made the second wave of US LNG projects difficult to finance. Developers have to get creative, if…
Dry natural gas production in the United States will keep growing over the next three decades, driven by demand from the industrial and electric power sectors. Beyond 2020, production is…
Dresser-Rand, part of Siemens Group, has commissioned an LNGo-HP (high-pressure) micro-scale natural gas liquefaction system for Altagas Ltd. in Dawson Creek, British Columbia, Canada. Producing approximately 30,000 gallons of LNG…
Initial optimism of global LNG suppliers that South Korea’s new electricity policy might lead to higher demand growth has been replaced by the recognition that more needs to be done…
Mexico is developing a series of privately-owned pipelines a floating LNG import facility, as part of a historic build-out of the nation’s gas infrastructure. State-owned Cenagas, operator of Mexico's main…
Crippling gas supply shortages have become a thing of the past in Bangladesh as the country started importing LNG. The maiden cargo arrived on April 23. Going forward, Petrobangla seeks…
Regardless of soaring costs, LNG imports by India increased 16.8% in March compared with the year-ago period. Supply from Qatar and Nigeria was complemented by the first shipment of US…
Tellurian Inc., the developer of the Driftwood LNG project, has set aside a pool of around $280 million for executive bonuses, including up to $35 million for CEO Meg Gentle…
Chart Industries, the US LNG and energy equipment maker, has returned to a first-quarter profit following internal restructuring and amid a rise in its order-book. Order activity has risen 53%,…
Lake Charles LNG, the liquefaction project owned by the U.S. pipeline company Energy Transfer, has asked regulators to extend the deadline for the start of construction to November 2019. 
Australian commodities company BHP Billiton is continuing to exit its onshore assets in the southwest of the United States, and is awaiting bids. “We expect to receive bids by June…
Dominion Energy, owner of the Cove Point LNG facility in Maryland, is pulling out all the stops to acquire Scana Corp and its South Carolina natural gas and power assets.…

News Nudges

NFE seals long-term LNG supply deal to Caribbean

New Fortress Energy (NFE), the owner of LNG facilities in Florida and in Jamaica and projects in Puerto Rico and the US northeast, said it signed a long-term LNG supply agreement for eight cargoes a year for 10 years through January 2030. In addition to its 100,000 gallons per day liquefaction plant in Miami, NFE operates a floating LNG terminal in Montego Bay, Jamaica, along with a fuel-handling facility in Puerto Rico. Its Puerto Rican subsidiary NFEnergía has entered a 5-year gas supply contract and committed to convert two out of six units at the San Juan combined-cycle power plant (CCGT). The Miami facility began operations in April 2016 and enables the company to produce LNG for export in intermodal ISO containers to the Caribbean and to small-scale customers in southern Florida. The company is also looking at developing a Pennsylvania LNG distribution facility.