US LNG still making no dent on European natural gas markets
US LNG is still a rare visitor to European shores despite low LNG stocks — especially in northwest Europe — and high European hub prices. Only three cargoes to UK, Continue Reading
The Permian Can Help Satisfy China’s LNG Appetite
Global liquefied natural gas (LNG) demand could exceed available supply by up to 150 million tons per annum (mtpa) by 2025, and planned LNG projects outside North America could supply Continue Reading
Cheniere to decide on Corpus Christi 3 LNG export terminal within weeks
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi Continue Reading
Exxon Proceeds With Russian LNG Project Despite Sanctions
Despite the fact that ExxonMobil has been forced to withdraw from some joint projects with Russian oil giant Rosneft due to the sanctions on Russia, the U.S. supermajor is proceeding Continue Reading
Maritime shippers need more LNG
The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday. Wärtsilä Corp., a Finnish company Continue Reading
Cheniere advances financing plan to fund third unit at Texas LNG export terminal
Cheniere Energy said Friday it had engaged more than two dozen banks and financial institutions to help it finance a third liquefaction train at its Corpus Christi LNG export facility, Continue Reading
German government confirms plan to add LNG infrastructure
Germany’s new government plans to add LNG infrastructure with the planned import terminal at Brunsbuttel the most likely project as the cleaner fuel will become key to reducing shipping emissions, Continue Reading
Freeport LNG confirms Train 1 start seen in September 2019, cites flooding of yards
Freeport LNG has confirmed that its engineering, procurement and construction contractor has pushed back the expected commercial start date for the export terminal’s first train to September 1, 2019, a Continue Reading
West Africa emerging as LNG player
British energy company BP is moving ahead with development of a liquefied natural project off the West African coast with early design work, a contractor said. French services company TechnipFMC Continue Reading
First Commercial LNG Cargo From US East Coast Hits the Seas
The first export of natural gas from the U.S. East Coast has set sail. Dominion Energy Inc.’s Cove Point terminal in Maryland shipped its first commercial cargo of liquefied natural Continue Reading
Texas LNG Signs Non-Binding Deals With Chinese, Southeast Asian Buyers
Texas LNG has signed eight non-binding deals with potential buyers of liquefied natural gas (LNG) in China, southeast Asia and Europe, the company’s chief executive said on Wednesday. They include Continue Reading
What Will It Take to Keep Up With Shale Gas Boom? $170 Billion
Bottlenecks on the U.S. natural gas superhighway are starting to stack up, raising concerns about whether the infrastructure can be built fast enough to meet surging supplies. Gas output will Continue Reading
Trump’s Tariffs Can’t Deter Chinese LNG Investment
In all of the problematic trade talk between Washington and Beijing, and with mounting concerns that Trump’s tariff plans could cause such a backlash that China would even consider ditching Continue Reading
Canada taking less LNG as North American shale improves
The change in the North American natural gas sector means Canadian imports of liquefied natural gas from top suppliers like Qatar are declining, data show. The National Energy Board, the Continue Reading
Fifth Novatek icebreaker loads first cargo from Yamal LNG plant
Russia’s Novatek has loaded the first cargo from the Yamal LNG facility in northern Russia aboard the Vladimir Rusanov — the fifth specialized icebreaker vessel to enter service since the Continue Reading
The End Of The Status Quo In LNG Markets
Chinese state-owned oil and gas giant PetroChina is planning to replace its oil-linked long-term LNG contracts with shorter, more flexible deals, a senior company official said late last week as Continue Reading
U.S. on pace to become a leader in LNG exports
The United States is on pace to become the third-largest exporter of liquefied natural gas by 2020, behind Australia and Qatar, a federal report found. The U.S. Energy Information Administration Continue Reading
U.S. liquefied natural gas exports quadrupled in 2017
U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to Continue Reading
U.S. balances LNG for China against new tariffs
Commerce Secretary Wilbur Ross (L) speaks alongside President Donald Trump before the president signed an executive memorandum targeting China on trade. Trump’s memorandum is aimed at cracking down what he Continue Reading
Alaska LNG Is Finally Clear For Takeoff
Alaska Gov. Bill Walker remained upbeat, even optimistic over his state’s massive liquefied natural gas LNG export project proposal, Alaska LNG, for years, even as global oil and gas prices Continue Reading
The Power Has Shifted In LNG Markets
It was a statement that most liquefied natural gas (LNG) buyers don’t necessarily want to hear; in fact, it goes against the fundamental changes currently underway in global LNG markets. Continue Reading
Alaska timeline for LNG project ‘establishes clarity’ for investors
With a timeline for a gas delivery point in Alaska established, Gov. Bill Walker said a hurdle for investments in the project has been cleared. Alaska Gasline Development Corp. wants Continue Reading
Huge Chinese Demand Fuels The Next U.S. Gas Boom
China’s push for cleaner air and fuel is driving an unprecedented demand for natural gas, and the United States is well-positioned to seize this opportunity and export even more of Continue Reading
Shell looks to meet growth in LNG trucking in Asia
Royal Dutch Shell is planning to build a truck loading facility at its Hazira liquefied natural gas (LNG) terminal on India’s west coast as it looks to meet demand from Continue Reading
Chevron expects LNG supply shortage by 2025
Chevron Corp said on Tuesday it expected supply shortage in the global liquefied natural gas (LNG) market by around 2025, echoing comments made last month by top LNG trader Royal Continue Reading
Something Unexpected Just Happened In LNG Markets
In the increasingly topsy-turvy world of liquefied natural gas (LNG) markets, the world’s largest LNG importer could soon be exporting the super-cooled fuel to the world’s second largest LNG exporter Continue Reading
LNG market needs $200 billion investment to meet demand: Shell
More than $200 billion of investment in liquefied natural gas is needed to meet a boom in demand by 2030, Royal Dutch Shell, the world’s top LNG trader, said on Continue Reading
Australia To Get New LNG Import Terminal
Fortescue Metal’s chairman Andrew Forrest and two Japanese utilities plan to build an LNG import terminal in New South Wales by 2020 to help alleviate an energy crunch in Australia’s Continue Reading
Shell: Demand for liquefied natural gas could outpace supply
Without new operations, the global market for liquefied natural gas could slip into a deficit by the middle of the next decade, Royal Dutch Shell said. The Dutch supermajor said Continue Reading
Is The Yamal LNG Project Overhyped?
In December 2017, Novatek launched its much-praised Yamal LNG in the Arctic Circle. Despite difficult permafrost conditions and financial limitations imposed by U.S. sanctions, Yamal LNG was finished on time Continue Reading
Will China Repeat Last Year’s LNG Import Surge?
Ever since China overtook South Korea as the world’s second-largest importer of LNG last year, traders have been keeping a very close eye on any development that might suggest whether Continue Reading
Choke points could emerge to inhibit global LNG trade expansion in 2018
As the market embarks on a second year of record level LNG supply from the Atlantic Basin and strong competition from Asia for those volumes, a potential choke point is Continue Reading
Alaska’s LNG project inching toward reality
A liquefied natural gas project in Alaska could be operating by 2024 because of the quick pace of meeting regulatory requirements, the developer said. An LNG project in the design Continue Reading
China set to top Japan as world’s biggest natural gas importer
Beijing’s crackdown on pollution has put China on track to overtake Japan this year as the world’s biggest importer of natural gas, used to replace dirtier coal. China – already Continue Reading
China’s LNG imports hit monthly record in November amid gas supply crunch
China’s imports of liquefied natural gas (LNG) jumped to a monthly record in November as residential and industrial demand surged in line with Beijing’s drive to promote use of gas Continue Reading
CNOOC rents trucks to transport LNG cross-country
China National Offshore Oil Corp. (CNOOC) has rented a convoy of 100 trucks to transport LNG from its main receiving terminals in southern China to alleviate gas shortages in the Continue Reading
Latin America is growing market for US LNG exports, conference told
Despite the Asia-Pacific region’s strong potential demand, Latin America is becoming a steadily growing market for US LNG exports, speakers at a Washington conference indicated. “The trillion dollar question in Continue Reading
Russia Wins in Arctic After U.S. Fails to Kill Giant Gas Project
Sanctions created ‘deadlock’ for Yamal LNG, says Total Novatek plans new projects to challenge Qatar for scale Building the $27 billion Yamal liquefied natural gas project meant shipping more than Continue Reading
Panama Canal Can’t Handle U.S. LNG Boom
The International Energy Agency recently predicted that the United States could become the world’s top LNG exporter within ten years. This prediction, however, is far from a certain one. The Continue Reading
Russia Aims To Challenge Qatar LNG Dominance
Vladimir Putin officially launched on Friday the Yamal LNG project in the Arctic—Russia’s second LNG plant and its push to challenge the dominance of Qatar and Australia, and the U.S. Continue Reading
The Super Basin Behind U.S. NatGas Dominance
Natural gas production in the United States has skyrocketed over the past five years, making the carbon-light fossil fuel cheaper to access and plentiful for export, according to a new Continue Reading
First LNG cargo ready to leave the Russian Arctic
French supermajor Total said Friday the first cargo of liquefied natural gas is leaving an Arctic facility in Russia, one of the largest in the world. The French company holds Continue Reading
Russia Skirts U.S. Sanctions With $27 Billion Arctic Gas Plant
The Yamal LNG plant on the Yamal Peninsula in the Arctic circle. The project took years to find financing from China that didn’t violate U.S. sanctions on Russia over Ukraine. Continue Reading
China’s CNOOC Spends Big In Panic Hoard of LNG
Chinese state-owned company CNOOC, the country’s largest importer of liquefied natural gas (LNG), has leased two tankers to store emergency LNG supplies offshore, spending US$10 million on the plan, as Continue Reading
U.S. liquefied natural gas exports have increased as new facilities come online
Natural Gas Monthly (data for October and November 2017 are EIA estimates based on tanker loads) In August 2017, total U.S. natural gas liquefaction capacity in the Lower 48 states Continue Reading
Next foreign influence target of U.S. LNG is Venezuela
Liquefied natural gas is a way to extend influence over the horizon to Europe, though similar gains are possible for Latin America, a U.S. senator said. Polish Oil and Gas Continue Reading
Report: LNG Project Sanction Uptick in 2018
There will be an uptick in the number and capacity of LNG projects sanctioned in 2018, according to a new report. There will be an uptick in the number and Continue Reading
More interest from Asian economies in Alaskan LNG
A Japanese company becomes the second possible Asian consumer to express interest in Alaskan LNG in less than a month. Map courtesy of Alaska Gasline Development Corp. Dec. 5 (UPI) Continue Reading
Russia’s Novatek now a world player with Yamal LNG
Russian energy company Novatek said a new era for one of the world’s largest gas suppliers has begun with the start of LNG operations on the Yamal Peninsula. Novatek said Continue Reading
LNG is the fuel of choice, maritime shipper says
Two French companies, supermajor Total and maritime shipper CMA CGM, agree on LNG as a fuel source with deliveries slated for 2020. Photo courtesy of Total Dec. 4 (UPI) — Continue Reading