In this issue

 

Intercontinental Exchange, the leading global provider of trading platforms and clearing, has posted record activity in September on the Dutch Title Transfer Facility (TTF) European benchmark with 5.5 million natural…
LNG News Editor:  Qatar Petroleum has ordered four new liquefied natural gas carriers from the Chinese Hudong-Zhonghua Shipbuilding Group of Shanghai as it begins to put in place the shipping…
Free ReadLNG News Editor:  The US government’s long-term energy forecast through to 2050 has the nation showing rapid growth in net exports over the next 10 years, as it continues to…
LNG News Editor:  PTT Group, the national energy company of Thailand, has started a joint venture with Tokyo Gas to help with fuel switching in the southeast Asian nation, including…
Australian LNG plant operator Santos has welcomed the federal government’s support for the carbon capture and storage (CCS) method for its Emissions Reduction Fund and Adelaide-based Santos would immediately register…
Commonwealth LNG, the export venture proposed for Cameron Parish in the US Gulf Coast state of Louisiana, has been informed by the Federal Energy Regulatory Commission of the launch of…
Free ReadLNG News Editor:  Teekay LNG Partners has become the latest fleet owner to be targeted by a US investment fund with Stonepeak Infrastructure Partners setting up a deal worth $6.2…
Dominion Energy, the US utility and former operator of the Cove Point LNG export plant in Maryland, has signed a definitive agreement to sell Questar Pipelines to Southwest Gas Holdings…
Engie increases regulated domestic sales tariffs and Fluxys plans for rising LNG demand at Zeebrugge
Free ReadLNG News Editor: JERA Co. Inc., the largest Japanese utility and liquefied natural gas importer, has decided to acquire a 27 percent stake in Aboitiz Power Corp. for $1.58 billion…
US LNG equipment-maker and industrial gases company Air Products has signed a $12-billion project financing and assets agreement for a gasification and power venture for Jazan Economic City with partners…
LNG News Editor:  Malaysian energy company Petronas has reported a fire at its main onshore liquefied natural gas production plant at Bintulu, located in the eastern state of Sarawak on…
Indian liquefied natural gas imports declined amid a surge in cargo prices and the fall was offset by higher domestic natural gas production as the nation slowly recovered from the…
Free ReadHöegh LNG Partners, the US affiliate of Höegh LNG Holdings now partnered with the infrastructure unit of US investment bank Morgan Stanley, has reorganized part of its finances on a…

News Nudges

TotalEnergies strategy

TotalEnergies Chief Executive Patrick Pouyanné told a virtual energy conference that while everyone wanted an energy transition to cleaner fuel and there was “huge pressure” to quit fossil fuels it remained a fact that these same fossil fuels currently represent 80 percent of the energy supply today on the planet. Regarding decarbonization strategies, Pouyanné said carbon offsets do not help and TotalEnergies remained focused on cutting emissions directly from its operations. “We are building a multi-energy company with oil and gas, but also renewables and electricity,” added Pouyanné. The CEO said he remained “bullish” on natural gas, and LNG in particular, because TotalEnergies sees natural gas as the right choice for the energy transition.


Qatar Energy debuts

Qatar Petroleum, owner of the world’s largest LNG export plant at Ras Laffan in the Gulf, has changed its name to Qatar Energy. “It’s more of a reflection of what we’re actually doing that wasn’t reflected by the name that we had,” said President and Chief Executive Saad Sherida Al-Kaabi.


Revenna ship named

Italian utility Edison and Knutsen OAS Shipping of Norway have held a naming ceremony at the northeast Italian port of Ravenna for the 30,000 cubic metres capacity LNG carrier, “Ravenna Knutsen”. The vessel will serve a small-scale LNG import terminal joint venture at the port. The terminal will supply at least 12,000 trucks and up to 48 ferries per annum with LNG fuel.