In this issue

 

NextDecade, the developer of the Rio Grande LNG project in Texas, has signed an innovative 20-year sale and purchase agreement (SPA) with Shell. Around three-quarters of the purchased LNG volumes…
Free ReadStriving to remove perceived export barriers, three U.S. Senators have reintroduced the License Natural Gas (LNG) Now Act. It is aimed at revamping the current system put in place by…
As the second wave of the US shale revolution unfolds, the United States is forecast to account for 70% of the rise in global oil production and some 75% of…
Seeking to secure attractively-priced LNG for its power plant fleet, Thailand’s state-run Electricity Generating Authority (EGAT) is holding a bidding round in May and June. To qualify, interested bidders need…
Free ReadChart Industries and Indian Oil Corp (IOC), owner of India’s first East Coast LNG import terminal at Kamarajar Port, Ennore, have entered a cooperation to promote LNG developments in India.…
Latest earnings calls from publicly-traded U.S. gas producers show a slowdown in 2019 gas production although the role of private producers increases. Energy Aspects sampled E&P firms with a combined…
Free ReadLength in natural gas supply the U.S. Mid-Atlantic and Ohio region is building up amid rising production from the Marcellus and Utica Shale. Simultaneously, growing demand in the South Central…
The Argentine Secretary of Energy Gustavo Lopetegui has said it would take some time before Argentina becomes a globally competitive LNG market participant. “Shale gas production could be increased by…
Free ReadNorway’s Golar LNG in early March started to unload the first commissioning cargo at its Golar Nanook FSRU (floating storage and regas unit) offshore Sergipe, northeastern Brazil. The supply is…
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…
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…
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…
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…

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.