In this issue

 

Considering a future German LNG terminal in Brunsbüttel, northern Germany, local grid operators are seeking to realize the first industrial-scale Power-to-Gas project nearby. Called HySynGas, the project will turn renewable…
Chevron Corp. has pulled out of the bidding battle for Anadarko Petroleum and its Mozambique liquefied natural gas stake and US assets, leaving the way clear for Occidental Petroleum to…
Free ReadCommercial success of the much-delayed Shell-led C$40 billion LNG Canada venture is becoming more and more certain after Japan’s JERA Co Inc. signed a Heads of Agreement (HoA) to offtake…
Chevron’s $33 billion takeover of Anadarko – one of the world’s largest independent oil companies – will boost its lead in the Permian Shale, and grow its midstream and LNG…
Natural gas future prices for May at the U.S. benchmark Henry Hub have firmed to $2.535/MMBtu due to increased demand from the power sector and for feedgas from a growing…
The U.S. Energy Information Administration (EIA) expects natural gas prices at the benchmark Henry Hub will fall to an average $2.82/MMBtu this year, and decline further in 2020. The bearish…
Free ReadThe International Finance Corporation (IFC), a multilateral development agency and part of the World Bank Group, has said it provided a 15-year loan over $228 million to fund LNG-to Power…
The French energy major Total has signed two Heads of Agreements (HoA) with Tellurian Inc., the developer of the Driftwood LNG project in Louisiana, committing to invest in Driftwood Holdings…
Sempra Energy has at last seen progress in the commissioning of its Cameron LNG project, a former regas terminal being transformed into a liquefaction and export terminal. Feed-gas is now…
NextDecade, the developer of the Rio Grande LNG project in Texas, has signed an innovative 20-year sale and purchase agreement (SPA) with Shell. Around three-quarters of the purchased LNG volumes…
Free ReadStriving to remove perceived export barriers, three U.S. Senators have reintroduced the License Natural Gas (LNG) Now Act. It is aimed at revamping the current system put in place by…
As the second wave of the US shale revolution unfolds, the United States is forecast to account for 70% of the rise in global oil production and some 75% of…
Seeking to secure attractively-priced LNG for its power plant fleet, Thailand’s state-run Electricity Generating Authority (EGAT) is holding a bidding round in May and June. To qualify, interested bidders need…
Free ReadChart Industries and Indian Oil Corp (IOC), owner of India’s first East Coast LNG import terminal at Kamarajar Port, Ennore, have entered a cooperation to promote LNG developments in India.…

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.