LNG
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.
LNG Projects Aim to Shrug Off Challenging Year
Progress has been slow on both the liquefaction and regasification sides over the past 12 months, but numerous new developments are planned.
Qatar Petroleum awards North Field Expansion liquid products storage & loading EPC contract
Qatar Petroleum announced the awarding of a major engineering, procurement, and construction (EPC) contract for its North Field Expansion Project to Técnicas Reunidas S.A., a Madrid based contractor that provides EPC services to the energy industry.
Malaysia Looks to a Third Floater
Petronas has issued a front-end engineering and design (FEED) tender for its third floating LNG (FLNG) vessel.
Petronas Delivers Its First Carbon Neutral LNG Cargo
Petronas has completed the delivery of its maiden carbon neutral liquefied natural gas (LNG) cargo to Shikoku Electric.
Mozambique's LNG Ambitions Stall
ExxonMobil has halted activities in Mozambique, but is ready to resume as security conditions allow.
Tellurian and Shell Sign Agreements for 3 mtpa
Tellurian Inc. announced today it has finalized liquefied natural gas (LNG) sale and purchase agreements (SPAs) with Shell NA LNG.
Sempra LNG And PGNiG Sign MOU For LNG Capacity From North American LNG Portfolio
Companies to collaborate to transition prior 2 Mtpa LNG SPA with Port Arthur LNG to Sempra LNG's portfolio of projects Sempra LNG and PGNiG to work toward development of GHG reporting and mitigation agreements for LNG cargoes
A First Nation First?
The Nisga’a Nation, Rockies LNG Partners and Western LNG have announced the filing of the Initial Project Description for the Ksi Lisims LNG project with the Government of British Columbia and the Government of Canada.
Shell and PetroChina sign world’s first term contract for Carbon-neutral LNG
PetroChina International Co. Ltd. today received its first carbon-neutral1 liquefied natural gas (LNG) cargo at Dalian port of China, after signing the industry’s first2 term contract for carbon-neutral LNG supply with Shell.
Qatar Petroleum and Korea Gas Corporation (KOGAS) signs a 20-year SPA to supply 2 Million tons of LNG Annually
Qatar Petroleum entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) for the supply of 2 million tons per annum (MTPA) of LNG to the Republic of Korea.
A future jewel in the crown?
Crown LNG has signed an agreement with Aker Solutions.
Qatar Petroleum signs a 15-year SPA to supply 1.25 MTPA of LNG to CPC Corporation, Taiwan
Qatar Petroleum today entered into a 15-year LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC) for the supply of 1.25 million tons per annum (MTPA) of LNG.
Petronas and CNOOC Sign 10-Year LNG Supply Agreement
PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS, has secured a 10-year term deal to supply liquefied natural gas (LNG) to CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).
Qatar Petroleum signs SPA to supply China with 1 MTPA of LNG for ten years
Qatar Petroleum today entered into a long-term Sale and Purchase Agreement (SPA) with Shell for the supply of 1 million tons per annum (MTPA) of LNG to the People's Republic of China for ten years. LNG deliveries will commence in January 2022 to various LNG terminals in China.
Qatar Petroleum has received offers for double the equity available in the North Field East project (NFE)
His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum, said Qatar Petroleum has received offers for double the equity available to potential partners in the bidding process for the North Field East project.
