Archive for the ‘LNG’ Category
Qatar Petroleum advancing LNG expansion
April 3rd, 2019 by Latest News
Qatar Petroleum will solicit tenders for engineering, procurement, and construction of onshore facilities in its expansion of natural gas liquefaction capacity later this month, according to a project report by Saad Sherida Al-Kaabi, minister of state …
NextDecade Corp. has entered into a 20-year LNG supply agreement with Shell NA LNG LLC. The agreement with Shell is for 2 million tonnes/year of LNG from NextDecade’s 27 million-tonne/year Rio Grande LNG plant at the Port of Brownsville in South Texas.
Global LNG trade occurred at record volumes for the fifth consecutive year, reaching 316.6 million tonnes, according to the International Gas Union’s (IGU) 2019 World LNG Report. This marks an increase of 28.2 million tonnes (9.8%), from 2017, the thir…
PNG-LNG project signs another midterm sales deal
April 2nd, 2019 by Latest News
The ExxonMobil Corp.-led PNG-LNG project in Papua New Guinea has made a midterm LNG sale agreement with Unipec Singapore Pte. Ltd. for the supply of about 450,000 tonnes/year of LNG over 4 years starting this month. Unipec is a wholly owned subsidiary …
Noble Energy Inc. has sanctioned the Alen natural gas development project offshore Equatorial Guinea with the start of production expected in first-half 2021. Gas will be processed through Alba Plant LLC’s liquefied petroleum gas plant and EGLNG’s LNG …
Gazprom, partner advance LNG-chemical plan
April 2nd, 2019 by Latest News
Gazprom and RusGasDobycha have begun implementing plans for a large natural gas liquefaction and processing complex on the Gulf of Finland near Ust-Luga, Russia. The companies decided on final configuration of the complex, which will process 45 billion…
The natural gas agreement for the $13-billion Total SA-operated Papua LNG (Elk-Antelope) project in the Eastern Highlands of Papua New Guinea is likely to be signed on Apr. 5, according to the country’s Prime Minister Peter O’Neill.
US sanctions will be necessary to stop construction of the proposed Nord Stream 2 natural gas pipeline, speakers indicated at a Mar. 12 Jamestown Foundation (JF) event.
Range-bound gas prices
April 2nd, 2019 by Latest News
Now in the books, 2018 was a remarkable year for US oil and natural gas production. With record-breaking shale development across the US came a 10-bcfd increase in gas production for the year, according to recent US Energy Information Administration da…
US prospects for LNG bunkering uncertain
April 1st, 2019 by Latest News
LNG-fueled ships still account for only a fraction of the US and global fleets, and it may take several decades for significant benefits of LNG-powered vessels to be realized.