In this issue

 

Paso Norte Pipeline Group (PNP), the developer of a new US-Mexico interconnector, has launched a 30 day open season inviting shippers to express interest in delivering natural gas from the…
Bogged down by gas shortage and high electricity prices, Australia is re-evaluating the scale and speed of its next wave of LNG export projects. Any slow-down in project development would…
US President Donald Trump has made reforms of the environmental permitting process for pipelines a key part of his $1.5 trillion infrastructure plan. Speeding up regulatory approvals will help fast-track…
Imposing a more stringent output cap on the Dutch Groningen field, Europe’s largest onshore gas reservoir, due to another earthquake in the area, would leave Europe dependent on importing more…
Prices for US gas flowing to the Canadian provinces of Ontario and Quebec have risen by a third over the first nine months of 2017, pushed up by a 25%…
China's National Development and Reform Commission (NDRC) imposed a cap on thermal coal prices imports through Qinhuangdao port at RMB750/t from 5 February. Strong demand due to colder-than-normal weather in…
Hard-nosed Chinese buyers are sniffing at the economics of US LNG supply deals, trying to find cheaper deals elsewhere.
Cheniere Pembina Pipeline Corp., the Canadian energy infrastructure company, said it was making progress with a range of natural gas projects in North America, including the Jordan Cove LNG export…
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…

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.