LEAD STORY
Fast-approaching startup of LNG Canada set to unravel regional supply balance
Written by AJ KotzeCanada’s first LNG export terminal, the Shell-led LNG Canada project in Kitimat, BC, is nearing completion: Startup activities are about to begin with a view to bringing the C$40 billion terminal into operation by early to mid-2025. The massive 14 mtpa terminal will initially process up to 2 billion cubic feet per day (bcf/d), or 11 percent of Canada’s current gas production – limiting available volumes for export to the US; our Markets Editor Anja Karl investigates.
Africa’s LNG Landscape: declines, FLNG rise, and financing hurdles
Written by AJ KotzeThere is hope in new developments but prospects for large-scale additions become more tentative as time progresses and financing options are narrowing. But FLNG solutions have begun to shine, cushioning what would otherwise be a significant longer-term declining trend in African export levels, our Market Editor Alexander Wilk reports.
Also in this issue
Preliminary data points to monthly trade decrease bottoming out
Written by AJ KotzeOur June data for the month-to-date showed an ongoing LNG trade decrease globally although it seems to have bottomed out. Meanwhile, demand was weighed down by seasonal reductions in Europe but also the Far East, our Market Editor Alexander Wilk reports.
ECOnnect to facilitate Wilhelmshaven’s LNG import flow
Written by AJ KotzeIn 2022, ECOnnect Energy signed a contract with FSRU Wilhelmshaven GmbH, a joint venture between Tree Energy Solution (TES) and French energy company, ENGIE, for the installation of a jettyless ready IQuay system at the German port. Technical Editor Ian Cochran has more.
With safety and efficiency at the forefront for LNG fuelling operations today, the demand for innovative technology is driving rapid change in both hardware and software solutions. From advanced liquefaction processes to regulatory changes, a number of factors look set to accelerate the rate of technological change in the industry. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeCHINESE natural gas imports by pipelines as well as LNG increased for May and during the first five months of 2024 along with domestic natural gas production.
A total of 54.28 million tonnes of natural gas was imported in the first five months of 2024, up 17.4 percent versus the previous year, according to data published by the National Bureau of Statistics (NBS) in China.
