In this issue

 

Dry natural gas production in the United States is forecast to reach a new record of 80.5 billion cubic feet per day (Bcf/d) in 2018, up from 73.6 Bcf/d in…
U.S. pipeline company Energy Transfer Partners has received approval from the Federal Energy Regulatory Commission (FERC) to place additional Phase-2 facilities into service. The $4.3 billion pipeline project will allow…
Chicago-based Exelon has approached the U.S. Federal Energy Regulatory Commission (FERC), suggesting it would keep operating two gas-fired power plants and the LNG import facility in Everett between 2022 and…
Where no pipeline or electrical grid exists, Chart offers solutions enabling clients to access natural gas, through LNG for on-site power generation. For a Canadian client, the operator of a…
Air Products, the US maker of equipment for LNG production and for industrial gas plants, said it had completed the acquisition of the Coal Gasification Technology licensing business from Shell…
Orka Energy, through its Peruvian subsidiary Lantera Energy, has entered a power purchase agreement (PPA) with Flesan Enregia of Chile that will see the provision of gas generator sets for…
Use of combustible, or fossil fuels, for power generation has fallen by 1% in OECD countries over the course of 2017, according to a monthly assessment compiled by the International…
About 21 GW of natural gas-fired generators are scheduled to come online in the United States this year out of a total 32 GW of new-built electric capacity. “If these…
Challenges in securing long-term offtake agreements, as well as rising construction cost, have made the second wave of US LNG projects difficult to finance. Developers have to get creative, if…
Dry natural gas production in the United States will keep growing over the next three decades, driven by demand from the industrial and electric power sectors. Beyond 2020, production is…
Dresser-Rand, part of Siemens Group, has commissioned an LNGo-HP (high-pressure) micro-scale natural gas liquefaction system for Altagas Ltd. in Dawson Creek, British Columbia, Canada. Producing approximately 30,000 gallons of LNG…
Initial optimism of global LNG suppliers that South Korea’s new electricity policy might lead to higher demand growth has been replaced by the recognition that more needs to be done…
Mexico is developing a series of privately-owned pipelines a floating LNG import facility, as part of a historic build-out of the nation’s gas infrastructure. State-owned Cenagas, operator of Mexico's main…
Crippling gas supply shortages have become a thing of the past in Bangladesh as the country started importing LNG. The maiden cargo arrived on April 23. Going forward, Petrobangla seeks…

News Nudges

Kinder Morgan increases 2024 forecast

US pipeline company Kinder Morgan is expecting an increase in gross earnings, particularly from its natural gas pipelines division. “We anticipate generating net income attributable to KMI per share of $1.21, up 11 percent, compared to our year-end 2023 forecast of $1.09 per share,” said KMI President Tom Martin. Kinder Morgan in November agreed to pay $1.81 billion for acquiring STX Midstream whose gas pipelines connect the Eagle Ford shale basin to the Gulf Coast to serve growing feedgas demand from liquefaction terminals and facilitate onward pipeline gas exports to Mexico.


Updated spending for Cedar LNG project

Canadian midstream firm Pembina Pipeline has disclosed updated spending plans and an FID date for the planned Cedar LNG project in British Columbia. “The 2024 capital investment program of C$880 million reflects growing volumes and Pembina’s commitment to providing safe, reliable, flexible and cost-effective energy infrastructure solutions,” said the Calgary-based company. Related projects could add up to C$280 million, inclusive of pre-FID contributions with financial close now expected by the end of the first quarter 2024.