In this issue

 

EU leaders reckon that Nord Stream-2 contradicts efforts to reduce Europe's energy dependency and undermines Poland and Ukraine’s role as gas transit countries. The pipeline extension is meant to transport…
Shale gas from the US has been brand marked as ‘a new rival’ by the Gas Exporting Countries Forum (GECF) as it undermines the alliance’s strategy on pricing and production…
Shale gas from the US has been brand marked as ‘a new rival’ by the Gas Exporting Countries Forum (GECF) as it undermines the alliance’s strategy on pricing and production…
Pieridae Energy, the developer of the Goldboro LNG project in the Canadian province of Nova Scotia, has forged a shareholder relationship with Orlan of Poland, strengthening its European ties beyond…
Houston-based Targa Resources Partners and Sanchez Energy have committed to invest an intital $125 million and $115m, respectively, to build a LNG processing plant and feed-gas pipelines that will exclusively…
Two companies involved in $100 billion of takeover transactions, BG Group of the UK and Energy Transfer Equity (ETE) of the US, have received full regulatory approval to proceed with…
Clean Energy Fuels Corp., the US developer of a liquefied natural gas fueling station network welcomed the passage by Congress of an alternative fuel tax credit that will continue to…
Committing to a 36% cut in emissions per GDP ratio by 2030, Singapore is counting on clean energy. Natural gas accounts for over 95% of the city state’s power mix,…
Tuesday, 16 February 2016
Higher prices of LNG compared to coal and nuclear is prompting two of the biggest importers in Asia to move away from gas generation.
Tuesday, 01 December 2015
A supply gap is likely to open up by the end of the decade and to prevent this, the industry should reduce costs of liquefaction, e.g. through small FLNG units,…
Privately-owned ENN of China is close to finalising deals for LNG imports into Zhoushan terminal, due operational in 2018. "We'll have a minimum of 1mtpa for sure, possibly 2mpta, and…
Rebuking criticism of the oil & gas industry, BG's chief executive Helge Lund has called for "courage to continue investing in difficult times," while ensuring shorter cash-flow returns. "Otherwise we're…
Gazprom's pricing strategy for exports to Europe is a wildcard that will determine how much US LNG will find a home there. It's revenue vs market share, analysts at the…
Buyers, spoilt for choice, have adopted a 'wait & see approach' but QatarGas does not see itself challenged. "We're optimising our established position but are not competing with US LNG,"…

News Nudges

McDermott and Chiyoda produce first LNG at Cameron Train-2

US engineering company McDermott and Japanese firm Chiyoda in late December announced the Cameron liquefaction plant on the Calcasieu Ship Channel had begun producing LNG. McDermontt stressed this step is “a precursor to substantial completion of Train 2.” “This accomplishment is attributable to the entire team's unwavering commitment to project delivery and steadfast focus on safety and quality performance as we work towards completion of Train 2,” said Mark Coscio, McDermott's Senior Vice President for North, Central and South America. McDermott and Chiyoda have provided the engineering, procurement and construction for the Cameron LNG project since the project's initial award in 2014. The project includes three liquefaction Trains with a projected export of 12 million tonnes per annum (mtpa) of LNG, or about 1.7 billion cubic feet per day (bcf/d). Cameron LNG is jointly owned by affiliates of Sempra Energy, Total, Mitsui & Co. and Japan LNG Investment, a company jointly held by Mitsubishiand shipping line Nippon Yusen Kabushiki Kaisha.