In this issue

 

Fossil fuels will make up 54 percent of the world’s primary energy supply in 2025, and much of this supply will come from natural gas, as it becomes the world’s…
Free ReadSingapore-based Keppel Shipyard has been contracted to convert an LNG carrier to a floating storage and regasification unit (FSRU) for use at El Salvador’s first LNG-to-power project. The FRSU will…
Though travel restrictions are still in place in the Dominican Republic to contain the coronavirus, Siemens is striving to deliver a barge-mounted power plant, based on SGT-800 gas turbine, on…
Monday, 05 October 2020
July - September exports totalling 6.95mmt on 30th September.  Significant month-on-month growth of 0.54mmt (24 pct) in September.  Total shipments down significantly over same three-month period last year.  Avg. US…
Monday, 05 October 2020
At the time of writing, 37 cargoes (2.48mmt) shipped since mid-August remain in transit, with 15 (0.99mmt) still lacking confirmed destinations within the Pacific and Atlantic Basins.
Free ReadElba Island LNG Elba Island LNG has exported a rare cargo in late August, its first since January this year. The 0.07mmt cargo aboard the Maran Gas Hector arrived at…
This summer, the Covid-19 pandemic is driving a global contraction in LNG deliveries – the first seasonal contraction in eight years. US LNG exports are particularly hard hit, with nearly…
Poten & Partners, the global ship brokerage firm, expects the global gas and LNG markets to tighten later this year, due to slower construction and commissioning of new liquefaction and…
Calling the world’s emergence from the Covid-19 pandemic “a pivotal moment” for global economies, BP chief executive Bernhard Looney said there are signs that global gas demand is starting to…
Free ReadImports of Canadian pipeline gas to the western United States have fallen substantially as spot prices at the NOVA/AECO-C (AECO) trading hub in Alberta reached near parity with Henry Hub.…
Developers of the Freeport LNG export plant at Quintara Island in Texas have confirmed the Final Investment Decision (FID) on building a fourth train had to be delayed until 2021…
Edge Gathering Virtual Pipelines 2, better known as Edge LNG, has been selected by EXCO Resources to capture and liquefy gas from a stranded well in the Marcellus Shale. The…
Free ReadGlenfarne, a privately held energy infrastructure firm, has agreed to buy Magnolia LNG from its parent, Australia's LNG Ltd, for $2.25 million, according to the voluntary administrators appointed to review…
The Vietnamese government has welcomed ExxonMobil’s plan to invest in the country’s energy infrastructure. The U.S. oil major is looking to set up an LNG-to-Power generation supply chain with a…

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.