In this issue

 

Sempra Energy's Mexican subsidiary IEnova has seen fourth quarter earnings rise 22 percent to $253.4 million as the South Texas-Tuxpan pipeline went in service. However, these gains were partially offset…
Free ReadNew 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…
Monday, 02 March 2020
January - February exports at 9.06mmt on 27 February Total shipments more than doubled over same period last year US capacity utilisation at 97% overall US LNG exports for the…
Elba Island LNG Elba LNG shipped has shipped two cargoes totalling 0.12mmt since the beginning of January, pegging capacity utilisation at 64%. However, these shipments concentrated on January, with February…
Free ReadShell Eastern Trading will be the first supplier of LNG cargoes to Hong Kong for use in the 2.5 Gigawatt Black Point and 3.7 GW Lamma Island Power Stations. Under…
Global market are flush with new supply from the latest round of US LNG project build-out, but the prevailing ‘tolling’ model makes offtaker exposed to a significant downside risk. LNG…
The latest U.S. Government Short-Term Energy Outlook (STEO) anticipates natural gas production will grow much less in 2020 because of the lag between changes in price and changes in future…
Asia's hunger for natural gas and electricity is likely to increase over the coming five years, the International Energy Agency (IEA) says, forecasting annual growth rates of over 4% in…
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…

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.