In this issue

 

Australia’s Liquefied Natural Gas Ltd, whose ventures include the Magnolia LNG plant in Louisiana and the Bear Head facility planned for Nova Scotia, has been asked by the Australian Securities…
A project aimed at importing liquefied natural gas cargoes into the UK natural gas market at the port of Barrow-in-Furness in Cumbria, northwest England, from Louisiana on the US Gulf…
Swing supply sets the price of oil and significantly influences that of natural gas. Though OPEC members seem to have finally overcome internal rifts and are starting to implement production cuts…
Wednesday, 04 January 2017
To quote an American saying – and President-elect Donald Trump just got lucky with the discovery of the vast Wolfcamp Shale in Texas that holds oil and gas reserves worth…
Manzanillo, a regasification plant at the Mexican Pacific Coast, has recently received a few cargoes from Sabine Pass. Cheniere, having exported it first cargo to Manzanillo in August for $4.23/mmBtu,…
Wednesday, 04 January 2017
The incoming year will see a boost in global LNG supply. Australia is expected to add 15 mpta to reach 66 mpta, catching up the top LNG exporter, Qatar, with…
Wednesday, 04 January 2017
With the LNG overcapacity forecast to wane in the mid-2020s, IEA analysts say that timely investment in new gas supply projects is needed to pre-empt price volatility. Inter-regional natural gas…
PetroChina recently commissioned new storage and regasification facilities at its Rudong terminal in Jiangsu province. Rudong could be the only Chinese import terminal to handle regasified Canadian LNG in 2020…
Wednesday, 04 January 2017
Carib Energy, a subsidiary of US shipping line Crowley Maritime Corp., is gearing up to export LNG in containers to Latin America after it was given a 20-year permit by…
Wednesday, 04 January 2017
Green light to ship US LNG to all destinations has been granted to the Elba Island LNG export project, where Shell is waiting in the wings as the main offtaker.
Exploration is gradually returning to profitability after five years of only single-digit returns. Dr Andrew Latham, VP of exploration at Wood Mackenzie commented: "The industry has a good chance of…
Wednesday, 04 January 2017
Cheniere Energy second liquefaction and export plant at Corpus Christi that will add to volumes from the Sabine Pass terminal is 47.1% complete, the Houston-based company told FERC in a…
Wednesday, 02 November 2016
Natural-gas futures hit a 22-month high in October which ushers in the start of a “multiyear bull market,” as analysts at Seaport Global Securities see it. The US Energy Information…
Portfolio LNG buyers in Japan are closely observing the ramp up of US LNG exports over the past six month. The first spot cargo will head from the US Gulf…

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.