LNG

Trafigura Group, a market leader in the global commodities industry including LNG, petroleum and other products has closed a new 365-day European multi-currency syndicated revolving credit facilities to be well positioned to manage potential bouts of volatility.

Cheniere Energy, the largest US liquefied natural gas exporter with its two plants at Corpus Christi in Texas and Sabine Pass in Louisiana, said the Sabine expansion project known as SPL Stage 5 has signed a long-term Integrated Production Marketing gas supply agreement with the US unit of Canadian producer ARC Resources.

Pembina Pipeline Corp., the Canadian pipelines company and joint owner of the Cedar floating liquefied natural gas project, has entered into definitive agreements valued at around US$9 billion with US investment giant Kohlberg Kravis Roberts (KKR) to combine their respective Western Canada natural gas processing assets into a single joint venture entity.

Enbridge Inc., the Canadian company whose natural gas pipelines span North America to connect supply basins and LNG export plants and cities, has filed a federal complaint accusing Michigan Democratic Party Governor Gretchen Whitmer and the state of acting like an energy regulator and trying to deprive poorer Michigan families of fuel by seeking to cut off the Line 5 pipeline under a small corner of the Great Lakes.

Gazoduq Inc., the Québec natural gas developer of a pipeline from the province of Ontario to the GNL Québec liquefaction and export plant, has taken another step in the regulatory permit process to unlock Western Canadian gas resources.

Gazoduq, the Québec natural gas pipeline developer, has launched an open season to solicit non-binding expressions of interest for firm transportation services on its  proposed 780-kilometre underground natural gas line leading to the GNL Québec liquefaction and export plant.

TransCanada Corp. said the National Energy Board had recommended government approval of a variance to the previously issued North Montney Mainline Project certificate, allowing construction to start on the $1.4 billion project originally linked to a cancelled LNG venture.