In this issue

 

Sempra Energy, the California-based utility transforming the US Cameron LNG terminal into an export plant, is still planning an additional Mexican LNG export venture with national Petroleos Mexicano (Pemex), first…
LNG exporter Cheniere Energy, owner and operator of the Sabine Pass plant in Louisiana and developer of the Corpus Christi facility in Texas posted a full-year loss though edged towards…
Chart Industries, the US LNG equipment-maker, was moving in a positive path with rising sales and fourth-quarter profits after restructuring, acquiring three new companies and winning a contract for a…
As exports from the US accelerate, Asia’s growing gas import requirements are largely met by LNG on flexible trade terms that usher in a “new global gas order,” according to…
Defying fresh sanctions by the Trump administration, a Gaselys tanker carrying the first LNG exported by the Yamal facility in the Russian Arctic, has berthed at the Engie SA Everett…
The February 2018 futures contract for natural gas on the New York Mercantile Exchange (NYMEX) is trading at a discount to the current spot price. This pricing pattern provides economic…
Mexico, the largest offtaker of US pipeline gas and LNG importer from Peru, Nigeria and the US, is getting ready to launch an online gas trading platform by the summer…
Spurred by rising gas demand from the electric power sector, industry and LNG exporters, US dry natural gas production is forecast to rise by an average of 80.4 billion cubic…
Conflicting agendas add to the confusion on the future role of LNG in South America, and even the direction of LNG trades”, given that three countries – Argentina, Brazil and…
Global coal demand is facing a “decade of stagnation” and should remain nearly flat between 2017 and 2022, the International Energy Agency (IEA) forecasts. Lower gas prices, a surge in…
LNG tanker transport natural gas liquefied at -161°C which is subsequently supplied to an import terminal where the LNG gets regasified by using heat exchangers (ambient and combustion vaporisers). During…
Cheniere Energy has told regulators that Train-1 of its Corpus Christi LNG export project in Texas will reach substantial completion in March 2019, followed by completion of Train-2 in September…
Prumo Logística has said that its subsidiary, Gás Natural Açu (GNA), has hired a consortium formed by Siemens and Andrade Gutierrez to build a 1,238-MW thermal power plant, based on…
The US oil major ExxonMobil has joined a group of eight International Oil Companies (IOCs), led by the European majors Shell and BP, to jointly put forward proposals to curb…

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.