In this issue

 

Edison, capacity holder in the Adriatic LNG import terminal, has signed an agreement to receive 1 mtpa of shipments from Calcasieu Pass liquefaction and export plant, developed Venture Global.
The Atlantic LNG production plant at Point Fortin, Trinidad, has been shut and evacuated after a fire flared up at one of its power generating units. The company said it…
Although global markets are awash with Although global markets are awash with new LNG supply from Australia and the United States, key buyers in India have been courting the incumbent seller Qatar…
The re-balancing of global oil markets is viewed by the IEA as “a stubborn process” given that some producers, party to the OPEC’s output cut agreement, are "showing signs of…
Excess growth in global LNG supply, notably through the ramp-up of US LNG through 2018 and into 2019, will make European gas prices “move through the coal floor [price]”. Fuel-switching…
Demand from the industrial sector becomes the main engine of gas consumption growth, replacing power generation, where gas is being squeezed by growing renewables and competition from coal, the International…
Spurred by the global expansion in LNG supply and trade, the growth of natural gas supply in absolute terms will outperform that of all other energy sources, notably coal and…
New York State has an ambiguous relation with natural gas: Although manufacturers and power producers are benefitting from cheap shale gas from Marcellus, two major transmission pipeline projects – Constitution…
Monday, 04 September 2017
US liquefaction and storage equipment maker Chart Industries, reported a second-quarter drop in net income, though the company sensed an industry turnaround as orders began to increase for US LNG…
Destination-free LNG cargoes from the United States have stirred up short-term trade worldwide and voyages from the US Gulf Coast to Asia are now easier thanks to the Panama Canal expansion.…
Wasteful flaring of natural gas is meant to be a thing of the past, yet the wasteful burning of gas at wellhead increased over the past few years – notably…
Ambitious plans, set out by South Korea’s newly instated Government, herald a U-turn away from coal and nuclear towards cleaner-burning natural gas and renewables. If instated, the removal of LNG…
Three new gas pipelines between the US and Mexico are due to come in service by early July, with a combined capacity of about 3.3 Bcf/d: their routes are Encino-to-Laguna,…
As the world’s second largest emitter, the U.S. stance on climate matters greatly as a role model for rapidly developing countries like China and India. Analysts are concerned that Mr…

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.