LNG

July 16 (LNGJ) - Energy Transfer, the owner of pipelines and other assets in the Permian Basin and the US Gulf Coast as well as the currently stalled LNG export project at Lake Charles in Louisiana, has completed the acquisition of WTG Midstream for $3.25 billion in cash and shares.

   Energy Transfer bought WTG from affiliates of US assets manager Stonepeak, the Davis Estate and Midland, Texas-based Diamondback Energy. The acquired assets add around 6,000 miles of gas gathering pipelines that extend the network in the Midland Basin as well as eight gas processing plants with a total capacity of 1.3 billion cubic feet per day and two additional processing plants which are under construction.

Texas LNG Brownsville, the US Gulf Coast export project, said it was making solid advances in signing accords for all volumes available as it remains on track for a final investment decision.

Texas LNG, the US export project being constructed in the Port of Brownsville in Texas as a subsidiary of New York-based Glenfarne Energy Transition, has signed a supply accord with the Singapore-based trading unit of global commodities firm Gunvor.

EQT Corp., the leading US natural gas producer in the Appalachian shale basins, is merging in a combination worth over $23 billion with Equitrans Midstream, the operator of natural gas gathering systems and the owner of the key Mountain Valley Pipeline.

EQT Corp., the leading US natural gas producer in the Appalachian shale basins, reported solid annual net income even as earnings dropped for the fourth quarter and has now signed three LNG tolling agreements on the Gulf Coast and was pursuing sales contracts.

The United States government forecasts that the global liquefied natural gas markets in the current winter season would likely be balanced through to the end of March 2024 even as geopolitical, weather and other risks remained.

EQT Corp., the leading US natural gas producer in the Appalachia Shale basins, reported lower third-quarter profits and cash flow as prices dropped and other expenses increased, including from integrating acquisitions, as it also continued to prepare for a renewed US LNG production surge.

Sept 11 (LNGJ) - The “Arctic Voyager” with 140,000 cubic metres capacity is schedule to deliver a Norwegian cargo on September 14 to the German floating LNG terminal at the North Sea port of Wilhelmshaven, according to shipping data. The shipment was loaded on September 4 at the Hammerfest plant in Northern Norway.

   The “LNG Endurance” with 170,500 cubic metres capacity is due to deliver a US cargo on September 21 to the Wilhelmshaven facility. The cargo was lifted on September 5 from the Cameron LNG export point on the coast of Louisiana.

EQT Corp., the leading US natural gas producer in the Appalachia Shale Basin, reported second-quarter losses due to falls in output and prices, though advanced its direct liquefied natural gas prospects by signing a heads of agreement for tolling at the Lake Charles LNG export project in Louisiana for 1 million tonnes per annum.

Commonwealth LNG, the US developer of an export plant in Cameron Parish in Louisiana and whose future customers include Australian liquefaction plants operator Woodside Energy, said it expected the US Department of Energy to approve a licence to export to Non-Free Trade Agreement countries in the weeks ahead.