LNG

Perenco, the European oil and gas company that has recently been increasing its upstream assets, is in talks with BP to acquire gas field interests in the Caribbean LNG exporting nation Trinidad and Tobago.

The US subsidiary of the UK’s National Grid Plc, which has several transmission and utility businesses in the US Northeast, has asked Massachusetts utility regulators to approve an agreement with US company Constellation Energy that would keep the Everett liquefied natural gas import terminal near Boston in operation until at least 2030 and beyond.

January 9 (LNGJ) - The Norwegian-flagged LNG carrier “BW Boston” with 138,060 cubic metres capacity has just departed from the US Everett LNG import terminal in Massachusetts after delivering a cargo from Trinidad, the Caribbean nation that used to be the biggest LNG supplier to the US before it became an exporter from the Lower 48 States in 2016.

   This was the second LNG cargo delivered from the Caribbean to Everett near Boston this winter season with the previous shipment being discharged in December, according to shipping data. The Everett terminal is now owned by US power company Constellation Energy and is the longest-operating LNG import facility in the US. It is connected to two interstate pipelines in the Northeast as well as to the gas utility company’s electric distribution system and the Mystic gas-fired power plant, which may be shuttered in 2024.

Engie, the French energy company and utility with LNG interests and with growing renewable assets in Europe, said it would become a retail natural gas supplier for three markets in the northeast US state of Massachusetts after last year selling its LNG import terminal near Boston.

Trinidad and Tobago, the Caribbean nation that once sent most of the LNG cargoes imported into the US before the shale gas boom and still supplies one terminal, is widening its customer base while increasing sources of feed-gas for the Atlantic LNG liquefaction and export plant at Point Fortin on Trinidad.

Atlantic LNG, the Caribbean liquefaction and export plant for Trinidad and Tobago, has named Nigerian Philip Mshelbila as Chief Executive to replace incumbent Nigel Darlow of the UK, who has been at the helm since 2011.

US utility Exelon Generation has signed an agreement to purchase the Everett LNG import terminal, located near Boston in Massachusetts and the oldest such facility operating in the US, from the North American subsidiary of French utility Engie.