In this issue

 

Free ReadThe International Energy Agency says the massive expansion of natural gas production is having wide-ranging effects on the global liquefied natural gas balance by underpinning major investments in new liquefaction…
Efforts to develop Vaca Muerta, Argentina’s vast shale reserves in northern Patagonia, have slowed as national energy companies await direction from the incoming President. Alberto Fernández, who took office on…
US LNG exports received a regulatory boost when Cheniere Energy Corpus Christi expansion was approved in mid-November along with three other development projects in Texas proposed by NextDecade Corp., Texas…
Free ReadDefending Golar LNG’s new strategy to spin off shipping operations, chairman Olav Troim said “significant progress” has been made on downstream LNG distribution for power generation and as a transportation…
Chart Industries has installed and commissioned Europe’s largest LNG fuelling station near the northern German city of Bakum. Using cleaner-burning LNG as a transport fuel will help reduce sector emissions…
Fast adoption of floating LNG technology across Asia is opening up new gas markets in Indonesia, Malaysia, Singapore and the Philippines. According to Black & Veatch, gas-fired power projects are…
US equity fund Kohlberg Kravis Roberts (KKR), alongside Alberta Investment, has sealed a deal to purchase a 65 percent equity interest in the Coastal GasLink Pipeline. Spanning over 416 miles,…
Free ReadFreeport LNG in mid-December shipped its first cargo from the second liquefaction Train at the export facility on Quintana Island in Texas. The cargo was apparently lifted by the 138,000…
American oil and gas producers are shying away from building major pipelines in the Appalachian Shale as production has slowed down in the current low-price environment. “No exit pipelines will…
A flurry of pipeline projects has been proposed throughout the United States. The U.S. government counts 134 active projects but only 46 entered service this year, adding 16-17 billion cubic…
Petronet, the operator of India’s Dahei and Kochi LNG import terminals, has managed to push down the price for LNG cargoes from North America. Houston-based Tellurian Inc agreed to deliver…
Free ReadAtlantic basin LNG producers, notably at the US Gulf Coast, can achieve a better netback value at the Spanish Virtual Balancing Point (PVB) than elsewhere in Europe. However, offtake obligations…
Shipments of LNG from Cheniere’s Sabine Pass liquefaction and export facility in Louisiana were sold at prices as low as $4.27 per million British thermal units (MMBtu) this year, notching…
Rampant US gas supply has been outpacing demand growth for the past year, slashing prices in Europe and Asia. Some US exporters are considering shutting in production as record low…

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.