LNG
NextDecade Completes Evaluation of Galveston Bay LNG Site
NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced that the Company has completed an evaluation of the Galveston Bay LNG site and determined that the site in Texas City is not suitable for development of an LNG facility and related infrastructure and utilities.
Data is king, integration is queen
Harnessing the power of data science and real-time intelligence offers a powerful single view of the market Few people know that data intelligence firm Kpler’s journey actually started in 2014, when the founders were told by an LNG trader: “I receive many proposals for ship-tracking software, but I don’t care about the ships. I care about cargoes into them, their volumes and the commercial information related to them”.
Blow for Oregon's export hopes
The last remaining planned LNG export plant on the US West coast was dealt another blow by the Federal Energy Regulatory Commission (FERC), potentially delaying the project even further. Pembina’s 2-train, 7.8m t/y Jordan Cove Energy Project, located on the North Spit of Coos Bay in Oregon, planned..
Tellurian Hopes to Start Driftwood LNG Construction as Demand Picks Up
Tellurian executive chairman Charif Souki recently spoke on the progress around the company’s Driftwood LNG export project in Louisiana. He stated that “I hope that we will be in construction this summer,” and that “There is a strong need for additional liquefaction capacity and we’re probably the project that is the closest to starting construction.”
Prelude FLNG finally returns
LNG cargoes have resumed from Shell’s floating LNG (FLNG) facility, offshore Western Australia.
Mixed messages in Mozambique
Total only has a skeleton staff remaining at its LNG construction site in Afungi after evacuating most workers amid the worsening security situation in the Cabo Delgado province.
Greece extends its import influence
DESFA, the operator of the Greece natural gas transmission system, has been awarded the operation and maintenance services of Kuwait’s newest LNG import terminal. The 11.5m t/y Al Zour LNG import terminal, currently under construction for 2021 will have eight storage tanks with a capacity of 225,00..
Croatia poised to become Europe's next importer
Croatia’s first floating, storage and regasification unit (FSRU) has arrived at the terminal site on Krk Island in the Adriatic Sea. The LNG Croatia FSRU, formerly known as the LNG vessel Golar Viking, was converted in China and delivered in mid-September. It has just arrived from the 6.4m t/y Sagu..
Egypt's export capacity rebound
Eni announced an agreement with its partners for the restart of the LNG plant in Damietta, Egypt. The Italian multinational oil and gas company signed a series of agreements with, the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC), the Egyptian National Gas Holding Compan..
Plaquemines ventures forth
Venture Global LNG announced that it had awarded KBR the engineering, procurement and construction (EPC) contract for Phase I of the Plaquemines LNG export project. The planned 21.6m t/y plant in Plaquemines Parish, Louisiana on the Gulf of Mexico coast, approximately 20 miles south of New Orleans,..
Energia Costa Azul reaches FID
Energia Costa Azul reaches FID Sempra Energy announced that its subsidiary ECA Liquefaction (ECA LNG), a joint venture between Sempra LNG and Infraestructura Energetica Nova (IEnova), had reached a final investment decision (FID) for the development, construction and operation of the ECA LNG Phase ..
Destination China for Australia
Australia remains far and away the largest LNG exporter to China, accounting for 40% of Chinese imports in September 2020, four times the imports from the next highest suppliers, Qatar, Indonesia and Malaysia. Increased custom’s authority restrictions so far don’t appear to have affected Australian exports of LNG to China, despite other products being so. An estimated 23.5 million tonnes has already been delivered this year, much in keeping with last year’s volume.
Firm Led by Former Alaska Governor Seeks to Take over LNG Project
(Reuters) - Former Alaska Governor Bill Walker said this week he was a founding member of Alaska Gasline & LNG LLC (AGLNG) that wants to take over the state's Alaska liquefied natural gas (LNG) export project and complete it by March 2028.
European Hydrogen Backbone: How European Nations Are Banding Together To Build A Continental Hydrogen Market
In June of 2020 several European gas infrastructure companies, with the support of Guidehouse, developed a report outlining plans to create an interconnected network for the development and movement of hydrogen and biomethane. As energy needs continue to increase across Europe and a global demand to decrease carbon output, clean hydrogen is increasingly becoming the biggest contender to resolve these issues.
PipeChina's LNG operations
PipeChina’s LNG operations As of 1 October 2020, China Oil & Gas Pipeline Network Corporation, better known as PipeChina, became operator of five large existing LNG import terminals, and a further two, large, under construction LNG import terminals in China. Four of the existing terminals were pre..
An Arctic solution
Novatek’s plans to build two LNG trans-shipment terminals in Russia have taken a step closer to becoming realized. Two giant FSRU’s are on order with Daewoo’s Geoje shipyard in South Korea for delivery by end-2022, although they may not be operational until 2023/24. Each one is expected to have a storage capacity of 360,000cm, and be capable of receiving shipments from Novatek’s expensively assembled Arc7 Arctic-class fleet and transferring it to more conventional vessels for onward delivery.
The UK to rely even more on Qatar
The UK to rely even more on Qatar | Qatar Petroleum and National Grid of the UK, operator of the 14.80 million t/y Grain LNG import terminal, recently entered into a long-term agreement for LNG storage and regasification capacity.
Alberta’s Industrial Heartland to Expand Hydrogen Footprint
The Government of Alberta released its long-term Natural Gas Vision and Strategy in October, detailing key initiatives to strengthen the provinces’ hydrogen sector.
Rising demand for hydrogen attracts interest of U.S. Gulf Coast petrochemical companies
U.S. petrochemical companies that already produce hydrogen as a by-product in processes like ethane cracking or while making chlorine are exploring new revenue possibilities.
NextDecade on Track for Rio Grande Facility FID in 2021
(P&GJ) — U.S. liquefied natural gas developer NextDecade said in a press release on Thursday that the company still expects to make a final investment decision (FID) on its proposed Rio Grande LNG export facility in 2021.
Gas flows to U.S. LNG export plants down ahead of hurricane Delta
Cheniere Energy Inc and Cameron LNG reduced the amount of natural gas flowing to their LNG export plants in Louisiana on Thursday as Hurricane Delta approaches the Gulf Coast. Officials at both companies were not immediately available for comment but have said they were watching the storm and have procedures in place to keep plant workers and equipment safe.
The FERC gives Glenfarne Group an additional 5 years to complete Magnolia LNG project
The U.S. Federal Energy Regulatory Commission (FERC) recently announced another 5 years (through April 2026) to allow Glenfarne Group LLC to complete its Magnolia LNG export plant in Louisiana.
NextDecade Corporation is considering carbon capture and storage (CCS) technologies to reduce carbon emissions at the proposed Rio Grande LNG project.
NextDecade Corporation recenely announced that the Company has developed proprietary processes using proven technology to reduce carbon dioxide equivalent (CO2e) emissions at its proposed Rio Grande LNG facility by approximately 90%.
Global gas is facing a demand hit from the coronavirus pandemic and a structural oversupply in the LNG market
Global gas is facing a demand hit from the coronavirus pandemic and a structural oversupply in the LNG market following the startups of new LNG export projects in Australia and the U.S. At present, 2020 is looking to be a rough year for LNG projects seeking FIDs, particularly those projects with final decisions delayed from 2019—which was itself a record year for LNG FIDs.
China Eyes Continued Expansion of Smaller-Scale LNG
Smaller-scale liquefaction in China, the world’s second-largest LNG importer, has experienced growth in recent years as China’s government integrates more gas into the country’s energy matrix. With more than 75% of installed global capacity for smaller-scale LNG production and a market capacity anticipated to reach 20 MMtpy this year, China is expected to remain the global hotspot for smaller-scale LNG through at least the late 2020s.
Global Project Data update for October 2020
Although the gas processing and LNG industries took a major hit during the COVID-19 pandemic, new project announcements within the sector have increased for two straight months
Business Trends: The downstream dilemma: Past, present and future of downstream energy
The oil industry’s interest in the downstream segment of the business has known ups and downs. This article reviews the past, present and projected future of the downstream sector and its companies.
Business Trends: Global LNG projects to compete with pipeline gas
Expanding LNG supply worldwide will continue to dominate the changing landscape of the natural gas industry and gas trade. By 2040, LNG is expected to account for more than 15% of global gas consumption, after overtaking interregional pipeline deliveries in the late 2020s.
Construction begins at massive polymer plant
A construction site in the Amur Region saw the sinking of the first test pile in the foundation of Amur Gas Chemical Complex, a facility set to become one of the world’s largest and most advanced basic polymer producers. The official ceremony was held online and was attended via video conference by Mikhail Mishustin, Prime Minister of the Russian Federation, relevant Ministers, Vasily Orlov, Governor of the Amur Region, Dmitry Konov, Chairman of the Management Board at SIBUR Holding, and other representatives of government authorities, the Company and its partners.
Singapore says LNG bunkering capacity likely to hit 1MM tons by 2021
Singapore’s annual LNG bunkering capacity is expected to hit 1MM tons by 2021, as the world’s largest marine refueling hub transitions toward cleaner shipping fuels, a senior minister of state said. The push is part of the International Maritime Organisation’s (IMO) aim to halve the sector’s greenhouse gas emissions by 2050 from 2008 levels.
