In this issue

 

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…
Free ReadNear-curve gas prices at the Dutch Title Transfer Facility (TTF) have fallen as low as $3.86 per million British thermal units (mmBtu) in recent weeks, driving up demand for LNG…
Speculative orders for Floating Storage and Regas Units (FSRU) are on the rise as developers want to have the vessels ready for quick deployment once local regulators issue a permit…
GasLog has confirmed that one of its subsidiaries has signed a 10-year time charter with Sinolam LNG Terminal to provide a Floating Storage Unit (FSU) for a gas-fired power plant…
India’s energy giant Petronet has signed a $7.5 billion agreement with Tellurian to take a stake in Driftwood LNG and import 5 million tons of gas per year. If supplies…
Free ReadSouth Korea’s state-run KOGAS has agreed with BP to buy 1.58 million tons of US LNG starting 2025. The deal is worth an estimated $9.61 billion over 18 years and…
SeaFloat, Siemens-made power barges equipped with SGT-A65 gas turbines, will be installed at the Upper Bay of Brooklyn in New York City. Two SeaFloats, with a capacity of 300 MW…
Mitsui OSK Lines (MOL) and Dutch-based Karpower International BV, a subsidiary of Turkey’s Karadeniz Holdings, have signed an agreement to jointly carry out the first LNG-to-Powership project in Mozambique. Named…
Free ReadFreeport LNG, the latest US export plant to come on stream at Quintana Island in Texas, plans to launch its own LNG cargo sales windows with trading platform provider, Redwood…

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.