LNG
Sempra Infrastructure and PGNiG Advance North American LNG Alliance
Sempra Infrastructure, a subsidiary of Sempra, and the Polish Oil & Gas Company (PGNiG) today announced they have entered into a heads of agreement (HOA) for the purchase of approximately 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) delivered free-on-board from Sempra Infrastructure's portfolio of LNG projects in North America.
ADNOC Pushes Forward with Fujairah LNG Export Terminal
McDermott International recently announced that it will be the design contractor for the upcoming Abu Dhabi National Oil Co. (ADNOC) owned LNG export terminal currently under development in the port of Fujairah, UAE.
Venture Global and Petronas Announce Sales and Purchase Agreement
Venture Global LNG and PETRONAS LNG Ltd., a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS, announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s Plaquemines LNG facility. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of the 20 MPTA nameplate capacity at Plaquemines LNG.
Venture Global Announces LNG Sales and Purchase Agreements with ExxonMobil
Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG). Under the agreements, the ExxonMobil affiliate will purchase 1 MTPA from the Plaquemines LNG facility (Plaquemines) as well as 1 MTPA from the CP2 LNG facility (CP2). This is the second supply agreement for CP2, which is expected to commence construction in 2023. Both facilities will replicate the same successful innovative design seen in operation today at Calcasieu Pass, where speed of execution resulted in the production of first LNG only 29 months after FID.
Uniper to build Germany's first LNG terminal – aim is to diversify natural gas supply sources
At a press conference in Wilhelmshaven today, several important news items for Germany's energy future were announced: Federal Minister Robert Habeck and the Lower Saxony Ministers Olaf Lies and Bernd Althusmann set the "first pile driving" for the construction of the first terminal for liquefied natural gas (LNG) in Germany. Uniper, as builder and operator of the terminal, will invest around €65 million.
Energy Transfer Signs LNG Sale and Purchase Agreement With SK Gas Trading LLC
Energy Transfer LP today announced the execution of a long-term Sale and Purchase Agreement (SPA) with SK Gas Trading LLC for the supply of 0.4 million tonnes per annum of LNG from Energy Transfer’s Lake Charles LNG export facility.
Energy Transfer Signs LNG Sale and Purchase Agreement With Gunvor
Energy Transfer LP and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd has entered into an LNG Sale and Purchase Agreement with Energy Transfer LNG Export, LLC, a subsidiary of Energy Transfer LP, related to its Lake Charles LNG project.
NextDecade and ENGIE Execute 1.75 MTPA LNG Sale and Purchase Agreement
NextDecade Corporation announced today the execution of a 15-year sale and purchase agreement (“SPA”) with ENGIE S.A. for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
New Orders Grant Expanded Exports to Non-Free Trade Agreement Countries From Two Previously Authorized Projects in Texas and Louisiana
The U.S. Department of Energy (DOE) today issued two long-term orders authorizing an additional 0.5 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) exports from two LNG export projects: Golden Pass LNG in Texas and Magnolia LNG in Louisiana.
The Republic of Congo and Eni agree to increase gas production and supply
In the presence of the Minister of Foreign Affairs of the Republic of Congo Jean-Claude Gakosso, of the Italian Minister of Foreign Affairs, Luigi di Maio, and of the Italian Minister for Ecological Transition, Roberto Cingolani, the Minister of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua, and the CEO of Eni, Claudio Descalzi, signed a letter of intent in Brazzaville today to increase gas production and export. Following the signature, a meeting was held with the President of the Republic of Congo, Denis Sassou Nguesso.
United States: Launch of Cameron LNG Expansion to Increase Liquefied Natural Gas Production
TotalEnergies has signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd. and Japan LNG Investment – a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) – for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, U.S.
NextDecade and ENN Execute 1.5 MTPA LNG Sale and Purchase Agreement
NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement with ENN LNG (Singapore) Pte Ltd, a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
Sempra Infrastructure Announces Heads of Agreement with TotalEnergies, Mitsui, Mitsubishi and NYK for Cameron LNG Phase 2
Sempra Infrastructure, a subsidiary of Sempra, announced today it has entered into a Heads of Agreement (HOA) with affiliates of TotalEnergies, Mitsui & Co. and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK), for the development of the Cameron LNG Phase 2 export project in Hackberry, Louisiana.
NextDecade and Guangdong Energy Announce Binding Heads of Agreement
NextDecade Corporation announced today the execution of a binding Heads of Agreement (“HOA”) with Guangdong Energy Group Natural Gas Co., Ltd. for the long-term supply of liquefied natural gas for 20 years from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
German LNG Terminal and Shell sign Memorandum of Understanding on the import of LNG through the planned terminal in Brunsbüttel
Following the latest developments in relation to the construction of an energy terminal in Brunsbüttel, German LNG Terminal GmbH and Shell have now signed a Memorandum of Understanding (MoU) on the import of LNG through the terminal. In it, they agree that Shell will make a long-term booking of a substantial part of the Brunsbüttel terminal’s capacity for the import of LNG. Both parties are currently working towards a binding agreement on the scope and duration of their partnership, and hope to complete it as soon as possible.
Venture Global Announces New Sales Agreements for Plaquemines and CP2 LNG, Releases Update on Pre-FID Milestones
Today, Venture Global LNG announced that it has executed two new long-term 20-year Sales and Purchase Agreements (SPAs) with New Fortress Energy Inc., including 1 million tonnes per annum (MTPA) from Plaquemines LNG and 1 MTPA from CP2 LNG. This is the first SPA for the CP2 LNG facility, which the company expects to commence construction on in 2023. With these agreements, Venture Global has now executed over 80% of long-term 20-year contracts signed by US LNG companies since 2017.
Online Exclusive (Opinion): Security for U.S. and Europe begins with new energy policy
It is high time that the U.S. forges a new energy policy based on facts and common sense. Before Tuesday’s decision to halt the import of Russian oil and gas, the Biden Administration had put more sanctions on U.S. oil and gas than on Russian oil and gas. Public lands have been made off-limits for drilling. The cancellation of the Keystone XL pipeline, and restrictions on other pipelines, have blocked the efficient U.S. distribution and export of energy. FERC approvals and EPA requirements have hampered the development of several gas export projects. Only the Russian assault on Ukraine has stopped Nord Stream 2, and that from Germany—not the U.S.
Online Exclusive (Opinion): Security for U.S. and Europe begins with new energy policy
It is high time that the U.S. forges a new energy policy based on facts and common sense. Before Tuesday’s decision to halt the import of Russian oil and gas, the Biden Administration had put more sanctions on U.S. oil and gas than on Russian oil and gas. Public lands have been made off-limits for drilling. The cancellation of the Keystone XL pipeline, and restrictions on other pipelines, have blocked the efficient U.S. distribution and export of energy. FERC approvals and EPA requirements have hampered the development of several gas export projects. Only the Russian assault on Ukraine has stopped Nord Stream 2, and that from Germany—not the U.S.
Cheniere and Engie Increase Volume and Extend Term of LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Corpus Christi Liquefaction, LLC, has agreed with Engie SA to amend the liquefied natural gas (“LNG”) sale and purchase agreement (as amended, the “SPA”) the parties previously entered into in June 2021.
Venture Global LNG Expands LNG Partnership With Shell
Today, Venture Global LNG announced the execution of a new long-term 20-year Sales and Purchase Agreement (SPA) with Shell NA LNG LLC (Shell) for the supply of 2 million tonnes per annum (MTPA) of LNG from Venture Global’s Plaquemines LNG export facility. This new deal builds on Shell’s existing contract for 2 MTPA from the Calcasieu Pass LNG export terminal, bringing Shell’s total long-term offtake from Venture Global’s facilities to 4 MTPA.
Cheniere Signs EPC Contract with Bechtel for the Corpus Christi Stage III Project and Issues Limited Notice to Proceed to Commence Construction
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Corpus Christi Liquefaction Stage III, LLC, has entered into a lump sum, turnkey, engineering, procurement and construction (“EPC”) contract with Bechtel for the Corpus Christi Stage III Project. In addition, CCL Stage III has released Bechtel to commence early engineering, procurement and other site work at the Corpus Christi Stage III Project under a limited notice to proceed (“LNTP”).
Venture Global LNG and JERA Announce Departure of Inaugural Commissioning Cargo From Calcasieu Pass
Today, Venture Global LNG and JERA Global Markets Pte. Ltd., a trading subsidiary of JERA Co., Inc., announced the successful loading and departure of the first cargo of liquefied natural gas (LNG) produced at the Calcasieu Pass LNG export facility in Cameron, LA. The LNG was loaded on the Yiannis, chartered by JERA Global Markets. Calcasieu Pass now holds the global record for the fastest large-scale greenfield LNG facility to ever be built, moving from FID to LNG production in just 29 months. It is also one of the first greenfield LNG export projects to ever be constructed in the United States.
Shell intends to exit equity partnerships held with Gazprom entities
The Board of Shell plc (“Shell”) today announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.
ConocoPhillips Completes Purchase of Additional 10% Shareholding Interest in APLNG
ConocoPhillips today announced through its Australian subsidiary that it has completed the purchase of an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.645 billion. After customary closing adjustments, cash paid for the additional interest is approximately $1.4 billion (AU$2.0 billion). The transaction resulted from the exercise of ConocoPhillips’ preemption right and is funded from cash on the company’s balance sheet.
McDermott's CB&I Named Tank Contractor for Venture Global's Plaquemines LNG Phase One Project
McDermott's storage business, CB&I, has been awarded a contract by Venture Global Plaquemines LNG for two 200,000 cubic-meter liquefied natural gas (LNG) storage tanks as part of the first phase of the Plaquemines LNG export project.
Woodside and Commonwealth LNG Sign HOA for LNG Supply
Woodside Energy Trading Singapore Pte Ltd has signed a heads of agreement (HOA) with Commonwealth LNG to negotiate a sale and purchase agreement for the supply of LNG from the proposed Commonwealth LNG development in Cameron, Louisiana.
NOVATEK and ENN Natural Gas Sign Sales and Purchase Agreement on Long-Term LNG Supply
PAO NOVATEK announced today that its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and ENN LNG (Singapore) Pte. Ltd., a subsidiary of ENN Natural Gas Co., Ltd. signed a long-term LNG sale and purchase agreement for the LNG produced from the Arctic LNG 2 project.
NOVATEK and Zhejiang Energy Sign Sales and Purchase Agreement on Long-Term LNG Supply
PAO NOVATEK announced today that its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and Zhejiang Energy Gas Group Co., Ltd, a subsidiary of the Zhejiang Provincial Energy Group signed a long-term LNG sale and purchase agreement for the LNG produced from the Arctic LNG 2 project.
McDermott Awarded Mega EPCI Projects by QatarEnergy
McDermott International continues its winning streak in the Middle East with a mega offshore contract from QatarEnergy, a long standing key customer, to deliver engineering, procurement, construction and installation (EPCI) for the North Field East (NFE) Topsides and the North Field East (NFE) Offshore Pipelines and Subsea Cables projects, with an option included to also award the North Field South (NFS) Offshore Topsides—representing one of the largest single contracts McDermott has been awarded in its company history.
Johnson Matthey launches HyCOgen
Johnson Matthey, a global leader in sustainable technologies, has launched an innovative technology – HyCOgenTM – designed to play a pivotal role in enabling the conversion of captured carbon dioxide (CO2) and green hydrogen into sustainable aviation fuel (SAF). By combining HyCOgen with the award-winning FT CANS Fischer Tropsch technology (developed in collaboration with bp), Johnson Matthey offers an integrated, scalable solution for use in the efficient and cost-effective production of renewable power based SAF.
