LNG
Chart Industries Awarded Four Hydrogen and Small-Scale LNG Liquefaction Orders Totaling Over $120 Million
Chart Industries, Inc., a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries, was awarded over $120 million of orders for four liquefaction projects, with four different customers over the past week. Additionally, this past week we have received releases on engineering work (Limited Notice to Proceed) on two of the big LNG export terminal projects expected to proceed to Final Investment Decision in 2022
Venture Global LNG and CNOOC Gas & Power Announce LNG Sales and Purchase Agreements
Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA).
Pavilion Energy, QatarEnergy And Chevron Launch GHG Reporting Methodology For Delivered LNG Cargoes
Pavilion Energy Trading & Supply Pte. Ltd., QatarEnergy and Chevron U.S.A. Inc today announced they have jointly published a quantification and reporting methodology to produce a statement of greenhouse gas emissions (SGE) for delivered LNG cargoes.
An Unremarkable Year?
The year 2021 is unlikely to go down in history as a particularly memorable one for the world of liquefied natural gas.
QatarEnergy announces long-term LNG supply agreement with China’s S&T International
QatarEnergy announced today that its LNG producing affiliate, Qatar Liquified Gas Company Limited (2), entered into a long-term Sale and Purchase Agreement (SPA) with S&T International Natural Gas Trading Company Limited (S&T) for the supply of one million tons per annum of LNG to China over a 15-year period starting in late 2022.
QatarEnergy announces long-term LNG supply agreement with China’s Guangdong Energy Group
QatarEnergy announced today that its LNG producing affiliate, Ras Laffan Liquefied Natural Gas Company Limited, entered into a long-term Sale and Purchase Agreement (SPA) with Guangdong Energy Group Natural Gas Co., Ltd. (GEG) for the supply of one million tons per annum of LNG to China over a 10-year period starting in 2024.
Venture Global and Louisiana Governor John Bel Edwards Announce Proposed CP2 LNG Export Facility
Venture Global LNG and Louisiana Governor John Bel Edwards announced the company will invest more than $10 billion to develop a fourth LNG export facility in the State of Louisiana.
Petronas Awards FEED Contracts for Sabah's Nearshore LNG Project
Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to SAIPEM Spa as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah.
McDermott Eyes Net-Zero LNG
McDermott, a fully-integrated provider of engineering and construction solutions to the energy industry, has completed an LNG construction study on behalf of Shell Global Solutions, looking towards net-zero construction emissions.
Cheniere and Foran Energy Group Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing International, LLP, has entered into a binding 20-year liquefied natural gas sale and purchase agreement with Foran Energy Group Co., Ltd. The SPA follows a Heads of Agreement signed between subsidiaries of Cheniere and Foran in November of 2020.
Sval Energi and Storegga join forces to explore carbon storage on the NCS
Sval Energi has entered into an agreement with Storegga Geotechnologies Ltd (Storegga) to explore joint business opportunities for carbon storage on the Norwegian Continental Shelf (NCS). Enters agreement to explore CO2 storage opportunities off the coast of Norway Shared goal of being awarded licenses to store CO2 below the seabed Combines Storegga's carbon capture and storage (CCS) expertise and Sval's vast NCS knowledge and strong business development skills. The purpose of the agreement is to establish a common platform to secure the award of CO2 storage licenses on the NCS through identifying carbon storage opportunities and building a robust business case.
Woodfibre LNG awards EPFC contract to McDermott
Woodfibre LNG has signed an Engineering, Procurement, Fabrication, and Construction (EPFC) contract with McDermott International. The EPFC contract is an important step in advancing detailed engineering and construction scheduling work in advance of Woodfibre LNG issuing a notice to proceed.
Scarborough and Pluto Train 2 Developments Approved
Final investment decisions have been made to approve the Scarborough and Pluto Train 2 developments, including new domestic gas facilities and modifications to Pluto Train 1
Air Liquide and BASF welcome support from European Innovation Fund for joint CCS project
Air Liquide and BASF are planning to develop the world’s largest cross-border Carbon Capture and Storage (CCS) value chain. The goal is to significantly reduce CO2 emissions at the industrial cluster in the port of Antwerp. The joint project “Kairos@C” has been selected for funding by the European Commission through its Innovation Fund, as one of the seven large-scale projects out of more than 300 applications.
Woodside Agrees to Sell 49% Stake in Pluto Train 2 to GIP
Woodside has entered into a sale and purchase agreement with Global Infrastructure Partners (GIP) for the sale of a 49% non-operating participation interest in the Pluto Train 2 Joint Venture.
Global Infrastructure Partners Announces Agreement to Sell Interest in Freeport LNG to JERA Americas for $2.5 billion
Global Infrastructure Partners (“GIP”), a leading independent infrastructure investor, announced today an agreement to sell its 25.7% interest in Freeport LNG Development, L.P. (“Freeport”) to JERA Americas Inc. for US$2.5 billion, subject to customary purchase price adjustments. GIP’s second flagship fund, Global Infrastructure Partners II, acquired the stake in 2015.
EU support for Stockholm Exergi's bio-CCS project
The European Commission announced today that Stockholm Exergi's bio-CCS project - BECCS @ STHLM (bio-CCS - Bio Energy Carbon Capture and Storage) - has been selected for the final step in the selection process to receive support from the EU Innovation Fund. The project was selected for its potential to contribute to the transformation of the European energy sector and the potential to mitigate climate change.
Talos Energy and Freeport LNG to develop Carbon Capture and Sequestration project on Texas Gulf Coast
Talos Energy Inc. and Freeport LNG Development, L.P. today announced that the companies have executed a letter of intent to develop a carbon capture and sequestration (CCS) project, the Freeport LNG CCS project (FLNG CCS), immediately adjacent to Freeport LNG's natural gas pretreatment facilities located near Freeport, Texas, on the Gulf Coast, approximately 60 miles southwest of Houston, Texas. The companies anticipate first injection could occur by year-end 2024. Talos will be the project manager and operator and will be joined by its partner, Storegga Geotechnologies Limited, the lead developer of the Acorn CCS project in the United Kingdom.
Cheniere and Sinochem Group Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing, LLC, has entered into a binding liquefied natural gas sale and purchase agreement with Sinochem Group Co., Ltd.
Venture Global and Sinopec Announce Historic LNG Sales and Purchase Agreements
Venture Global LNG and China Petroleum & Chemical Corp. (Sinopec) announced the signing of two 20-year Sales and Purchase Agreements (SPA) for the supply of a total of 4 million tonnes per annum (MTPA) of LNG from Venture Global’s Plaquemines LNG export facility, in Plaquemines Parish Louisiana.
QatarEnergy places LNG ship orders with Korean shipyards for its expansion projects
QatarEnergy placed the first batch of LNG shipbuilding orders with Korean shipyards consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI), as part of QatarEnergy’s historic shipbuilding program to meet its future LNG carrier requirements.
China's Winter Natural Gas Demand to Rise
China’s demand for natural gas is expected to rise to 180 billion cm this winter, up 10% year-on-year, according to PetroChina.
Cheniere and Glencore Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing, LLC, has entered into a binding liquefied natural gas sale and purchase agreement with a subsidiary of Glencore plc.
Cerilon Begins Planning $2.8 Billion GTL Plant in North Dakota
The North Dakota Department of Commerce and North Dakota Governor Doug Burgum announced recently that the North Dakota Development Fund has approved its initial support for Cerilon of Calgary to begin development of a significant gas to liquids (GTL) complex to be built in Trenton, North Dakota.
Sri Lanka Poised to Join LNG Market
The country’s push to become an LNG importer is gathering pace, bolstered by the island nation’s location on major shipping lanes.
Cheniere and ENN Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with ENN LNG (Singapore) Pte Ltd (“ENN LNG”), a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. (“ENN Natural Gas”).
Qatar Petroleum commences LNG ship orders for the North Field expansion projects
Qatar Petroleum announced today that it has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group Co. Ltd. (Hudong), a wholly owned subsidiary of China State Shipbuilding Corporation Limited (CSSC).
Qatar Deals with China Again
Qatar Petroleum has entered into a long-term Sales and Purchase Agreement (SPA) with a subsidiary of CNOOC.
First of Many?
A Canadian company with a First Nations partner, has started design work on a $10 billion floating LNG proposal on the country’s east coast.
Ust-Luga Gas Complex Picks Linde and RHI for EPC Duties
Gazprom recently announced that it had signed an EPC contract with a consortium comprised of Linde Engineering and Renaissance Heavy Industries (RHI) for work to be performed for a natural gas liquefaction plant at an upcoming gas processing complex developing near Ust-Luga. This significant venture will be operated by a joint venture of Gazprom and RusGazDobycha named RusKhimAlyans.
