In this issue

 

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…
Free ReadU.S. dry gas production will rise to an all-time high of 91.63 billion cubic feet per day (bcfd) this year, the U.S. Energy Information Administration (EIA) said, forecasting a fall…
The Center for Liquefied Natural Gas, a US industry group, expects five export projects along the U.S. Gulf Coast will take a final investment decisions in the next 12 months,…
Sempra Energy’s Cameron LNG export plant in Louisiana has received regulatory permission to start commissioning the second processing Train at the facility on the Calcasieu Ship Channel and commercial operations…
Golar Power is moving ahead with an integrated LNG-to-Power project in Brazil’s northern state of Para, after securing a 25-year power purchase agreement (PPA) from the Brazilian authorities. The 605…
Free ReadAustralian-listed LNG Ltd, developer of the Magnolia LNG project in Louisiana, is striving to sign a full sales and purchase agreement (SPA) with Delta Offshore Energy. The first LNG cargo…
Flows of natural gas from the Appalachian Shale Basin to the rest of the U.S. keeps growing as production averaged over 16 billion cubic feet per day last month, pushing…
As Japan’s gas-burn in the power sector falls amid competition from coal, nuclear and renewables, the country is expected to lose its position as the world’s No.1 LNG importer to…
Free ReadChina’s switch from coal to gas – both to decarbonize its energy mix and tackle pollution under its Blue Sky policy – requires importing considerably more gas imports and investment…
Rising national gas production in Argentina and peak potential LNG export during the summer months is coinciding with strong winter demand from utilities in the northern part of China and…
European utilities are courted by more and more sellers marketing long-term LNG volumes from pre-FID LNG supply projects. To gain access to attractively-prices US LNG, however, European buyers need to…

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.