In this issue

 

Thursday, 07 October 2021
Free ReadPeriod between 01 August and 30 September 2021, inclusively. Elba Island LNG Elba Island LNG exported five cargoes amounting to 0.29mmt in August and September, broadly steady in volume terms…
Commissioning is underway for Nord Stream 2 and once the pipeline starts up in late August, or early September, cheap Russian gas supply will likely reduce US LNG exports to…
Natural gas spot price at the US bellwether Henry Hub keeps rising amid growing LNG exports and higher gas industrial consumption. Analysts expect spot prices to reach $2.92 per MMBtu in…
Peak summer LNG shipments to Taiwan has surged due to an earlier-than expected shutdown of the first 990 MW unit at the Kuosheng nuclear power plant, with monthly LNG imports…
Free ReadArgentina’s seasonal LNG imports are increasing following the arrival of Excelerate’s FSRU Exemplar at Bahia Blanca, just south of Buenos Aires. The first commissioning cargo already arrived at the FSRU…
US gas major Tellurian will soon sign a long-term lease for the Lake Charles LNG project in Louisiana so it can begin preparing the site for full construction. “Look for…
New Fortress Energy, the US LNG supplier in the Americas, has received three permits from Mexican Energy Regulatory Commission (CRE) for regasification, storage and distribution of the superchilled gas at…
Free ReadBlack & Veatch will carry out the technical, engineering and commercial feasibility studies of the Andes Energy Terminal (AET) in Colombia. It will scrutinise the development of a LNG regas…
Marlim Azul Energia will generated electricity from domestic gas from Brazilian pre-salt deposit. One M501JAC gas turbine has been shipped from Mitsubishi Power Americas to Marlim Azul Energia's power project…
Chevron Corp., a leading LNG exporter and operator of liquefaction projects in Africa and Australia, has no plans to reduce its oil and gas business in favour of wind and…
Monday, 05 July 2021
• May-June exports at 12.17mmt • Down 0.41mmt (-3pct) over March-April period • Shipments up 6.32mmt (108pct) over period year-on-year • Avg. US capacity utilisation at 97pct for report period
Monday, 05 July 2021
Free ReadPeriod between 1 May and 30 June, inclusively. Elba Island LNG Elba Island LNG exported five cargoes amounting to 0.36mmt in May and June, broadly steady in volume terms compared…
Prospect of dwindling production from Argentina’s Vaca Muerta shale will likely spark a rise in US LNG imports over the coming months to build up reserve prior to the heating…
Flex LNG, the Norwegian shipowner with a fleet of 12 modern vessels, has signed charters with Cheniere Energy of the US, for at least four of its carriers, and with…

News Nudges

Canada to export Alberta oil via BC

Canada has moved closer to unlocking a new Pacific Coast crude outlet from Alberta while fast-tracking British Columbia LNG projects with the aim of tripping LNG production and export beyond 2030. Prime Minister Mark Carney said a proposed pipeline capable of carrying about 1 million barrels per day could begin construction in September 2027, as Ottawa and Alberta lined up support for the project. The route would run through southern British Columbia to the Pacific coast, giving Canadian crude a shorter path to Asian buyers and reducing reliance on the United States, officials said. The new pipeline, with 1 million barrels per day throughput, could turn Canada into a global oil exporter — in addition to LNG. British Columbia already has several LNG projects at different stages, including LNG Canada in Kitimat, Woodfibre LNG near Squamish and expansions tied to Tilbury LNG and related pipeline infrastructure. Together, the Alberta-to-BC pipeline plan and LNG acceleration signal a broader federal strategy to scale up Canada’s energy exports without depending solely on U.S. demand. Canada used to sell almost its entire surplus oil and gas production to its large southern neighbour.