Gunvor Group, the Swiss-based global commodities firm and liquefied natural gas trader, has expanded its shipping fleet by chartering four modern LNG carriers being constructed in China for Celsius Tankers.

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Thursday, 01 April 2021 06:27

US feed-gas boost

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April 1 (LNGJ) - The East Texas operating subsidiary of Midcoast Energy has put its CJ Express Expansion Project into service and executed a firm transportation agreement and natural gas purchase and sales agreement with Golden Pass LNG , the project being developed by Qatar Petroleum and ExxonMobil Corp. The CJ Express project added compression and pipeline facilities at multiple locations on Midcoast's existing East Texas system.

   “CJ Express was anchored by long-term transportation agreements with two creditworthy shippers,” said Midcoast. “The new commercial agreements with Golden Pass LNG will become effective after completion of an extension of the Midcoast Clarity pipeline in the Beaumont area to a new interconnect with Golden Pass Pipeline. The construction of new facilities and the effective date of long-term commitments will align with Golden Pass LNG's feed-gas needs,” it explained.

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US pipeline operator Kinder Morgan said a minority stake of 25 percent had been sold in the 9,000-mile Natural Gas Pipeline Company of America, which supplies city gas to Chicago and feed gas to LNG plants on the Gulf Coast of Texas and Louisiana.

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Sempra Energy, the developer of the Cameron LNG project in Louisiana and Costa Azul LNG in Mexico, said it signed an agreement to sell its non-utility US natural gas storage facilities for $322 million to a unit of ArcLight Capital Partners.

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