In this issue

 

Natural gas producing states like Texas are in advance of states like California on use of renewables while US natural gas production is rising again in 2019 and the nation’s…
Noble of US and Delek of Israel extend their pipeline deals amid plans for floating LNG LNG Journal editor Noble Energy, the US company with stakes in the Leviathan and…
Free ReadLNG Journal editor The Plaquemines LNG export plant in Louisiana proposed for river mile-marker 55 on the west side of the Mississippi River, 30 miles south of New Orleans, has…
The US Annova liquefied natural gas export project planned for the south bank of the Brownsville Ship Channel in Texas, and whose owners include Chicago-based power company Exelon Corp., has…
LNG Journal editor The US Elba Island LNG export plant in the state of Georgia has become the sixth US export facility to come on stream after the US Federal…
Free ReadThe US Magnolia LNG export project in Louisiana, which recently agreed to supply cargoes to a new terminal in Vietnam planned for the Mekong Delta, has received authorization from the…
Sempra Energy, operator of the Cameron LNG plant in Louisiana, sold its majority stake in the Peruvian power distribution company Luz del Sur to China Yangtze Power International for $3.59…
LNG Journal editor Excelerate Energy, the US floating liquefied natural gas terminal developer, has received permission to proceed with its Luzon LNG import project in the Bay of Batangas in…
Tellurian Inc., the developer of the US Driftwood LNG export plant planning to supply nations such as India and with Indian company Petronet investing in the venture, said it was…
Free ReadLNG Journal editor Thailand is building a new LNG import terminal near the current Map Ta Phut terminal in eastern Rayong province with the first phase costing 28 billion baht…
LNG Journal editor Qatar Petroleum has spoken up for the producer side at the LNG Producer-Consumer Conference in Tokyo while also encouraging importers and nations currently without LNG to take…
Royal Dutch Shell said its Queensland Curtis coal-seam-gas-to-LNG plant on Curtis island near Gladstone has just shipped its 500th cargo since coming onstream in 2014.
Free ReadGaztransport and Technigaz (GGT), the French LNG containment tank system designer, has signed a contract to provide storage for three gravity-based structures that will form the liquefaction and export operations…
LNG Journal editor Oil Search Managing Director Peter Botten, one of the leading figures in Papua New Guinea oil and gas development over the past 26 years and who had…

News Nudges

Burckhardt profits jump

Swiss company Burckhardt Compression, whose LNG offerings include its Laby brand of compressors and boil-off gas solutions, reported high order intake and sales for the first half and with operating profit and net profit both sharply higher year-on-year. Fiscal first-half operating income from April to September almost tripled to 16.65 million Swiss francs ($16.83M) compared with 5.62M francs in the same six months of 2018. Net income rose almost four-fold to 11.75M francs from 2.28M francs in the year-ago period.


GTT accord in China

French LNG storage tank technology company GTT and the major state-owned company Beijing Enterprises Group (BEG) have signed an accord concerning the evaluation of containment technology for onshore storage tanks, through its subsidiary Beijing Gas Group Co. The signing took place during the visit to Beijing of French President Emmanuel Macron for talks with Chinese President Xi Jinping.


NextDecade cuts losses

NextDecade Corp., the developer of the Rio Grande LNG export project in the Port of Brownsville, narrowed its third-quarter net losses to $6.36 million from $10.9M in the year ago quarter as it reduced operating expenses. Nine-month losses amounted to $30.13M versus $30.63M in the same period of 2018. The Nasdaq-listed company is also pursuing an associated 137-mile Rio Bravo pipeline in south Texas to supply feed-gas and it also has the option to develop a second export plant called the Galveston Bay project on a 994-acre site secured near Texas City.