(Reuters, 13.Jun.2018) â Canadian energy company Enbridge Inc. said it started construction of the offshore border crossing section of its US$1.6-billion Valley Crossing natural gas pipeline between Texas and Mexico, according to a federal filing made available on Wednesday. The company said in an e-mail the pipeline remains on track […]
Tag: LNG
Fact Sheet: Peru LNG
(Shell, 1.Jun.2018) â Peru LNG is the first natural gas liquefaction plant in South America and began operations in 2010 with a 4.45 mtpa capacity. It receives dry gas through a 408km pipeline that stretches from the highlands in the Peruvian Andes to the coast. Shell acquired 20% equity in […]
Total, Siemens Hope to Sign Cuban LNG Deal Soon
(Reuters, Marc Frank, 30.Apr.2018) — French energy firm Total SA and German industrial giant Siemens AG hope to sign a deal soon with Cuba to build a 600 megawatt gas-fired power plant on the island, according to diplomats and businessmen with knowledge of the talks. The two are leading a […]
Bolivia Looks to Build Gas Liquefaction Plant in Ilo
(Energy Analytics Institute, Jared Yamin, 5.May.2018) â Bolivia plans to construct a gas liquefaction plant in the Peruvian port of Ilo in order to consolidate LNG exports. The decision, announced by Boliviaâs Hydrocarbon Minister Luis Alberto SĂĄnchez, was made without taking into account certified natural gas reserves or decline rates […]
CFE Cancels Baja California Sur Natural Gas Project
(Platts, 30.Jun.2017) â Mexican state-run utility CFE has canceled its auction to bring natural gas into the Pacific state of Baja California Sur, the company said. CFE said the gas project isn’t necessary as its new underwater transmission line project will fulfill the electricity needs of the state. “By opting […]
FSRU Höegh Grace Receiving Cargo In Colombia [Video]
(LNG World, 10.Feb.2017) â Norway-based Höegh LNGâs FSRU Höegh Grace began commercial operations in Cartagena, Colombia at the end of last year. The Höegh Grace, used as Colombiaâs first LNG import terminal, started operating under the 20-year contract Höegh LNG has with Sociedad Portuaria El Cayao (SPEC), after completing the regasification trials. […]
AES Terminal to Supply Caribbean, Central America
(AES Dominicana, 28.Jan.2017) â The AES Dominicana Liquefied Natural Gas reception terminal, located in the AES Andres energy complex, has completed the modifications to allow for re-loading and re-exportation of LNG to neighboring Caribbean islands and Central American countries, which can now benefit from the environmental and economic advantages of […]
Trinidad Energy Chamber Head Talks Marketplace
(The Oxford Business Group, 25.Sep.2016) â Energy Chamber of Trinidad and Tobago CEO Thackwray âDaxâ Driver talks about the expanding marketplace. What is the significance of recent oil and gas discoveries in Guyana? THACKWRAY “DAX” DRIVER: The Liza discovery in Guyana is very significant and has increased interest in the […]
Enargas Mandates Complexes To Reduce Gas Demand
(Energy Analytics Institute, Jared Yamin, 1.Jun.2016) â Union protests in Tierra del Fuego as well as climatic conditions have made it impossible to bring in LNG ships into the Buenos Aires province; thus, forcing the Argentina government to take steps to reduce demand for gas. An emergency committee meeting proposed […]
Enarsa to Import Gas From Chile
(Energy Analytics Institute, Jared Yamin, 23.May.2016) â Argentina’s state oil company Enarsa signed a contract to purchase natural gas from Chile at a price 53 percent higher than the LNG that arrives to Chile on tankers and 128 percent higher than what is pays for imports from Bolivia, reported the […]
Argentina Interested in Buying Excess Gas from Punta De Sayago
(Energy Analytics Institute, Aaron Simonsky, 11.May.2016) â The government of Uruguay continues to move forward with agreements to secure markets for natural gas to come from its proposed regasification plant in Punta de Sayago. Uruguay’s President TabarĂ© VĂĄzquez and Industry, Energy and Mining Minister Carolina Cosse, signed a decree that […]
Rosneft to Partner with PDVSA in Mariscal Sucre
(Energy Analytics Institute, Piero Stewart, 1.Apr.2016) â Russia’s Rosneft OAO and PDVSA signed an agreement for joint development of production, treatment and the sale of natural gas from the Mariscal Sucre project offshore. Rosneft and PDVSA will each hold a 50% interest in the venture which includes the fields Patao, […]
GenPower, ExxonMobil Sign Framework for LNG Supply
(Golar LNG, 4.Mar.2016) â Golar GenPower Brasil ParticipaçÔes S.A., a joint venture between LNG Power Limited (UK), a standalone non-recourse subsidiary of Golar LNG Limited and GenPower ParticipaçÔes S.A., announced that it has signed a framework agreement for the supply of LNG to the natural gas fired power generation project […]
AES Awarded Panamaâs First Gas-Fired Plant
(AES Corporation, 11.Sep.2015) â AES Corporation announced that its subsidiary, Gas Natural Atlantico S. de R.L., won a competitive bid process conducted by the Electric Transmission Company, SA (ETESA), the state’s electric transmission company, to supply 350 MW of new capacity. The project will include the construction of a 350 […]
Venezuela Eyes Gas Exports, LNG
(Energy Analytics Institute, 18.Jun.2015) â Petroleos de Venezuela SA (PDVSA) plans to boost investments in the Venezuelan natural gas sector over the next five years in order to almost double production to meet increasing domestic demand, reduce its reliance on fuel imports and eventually export excess gas volumes to generate […]
T&T Energy Ministry Supports Expansion into Guyana
(Piero Stewart, Special for Energy Now, 1.Jun.2015) â Trinidad and Tobago will seek to capitalise on energy projects in the region as part of broader push outside of the country’s borders, and especially into Guyana, which has recently announced a significant offshore oil discovery. Oil field service companies from Trinidad […]
LNG Projects Nixed Amid Low Oil
(Moody’s, 7.Apr.2015) â LNG suppliers are curtailing their capital budgets, amid low oil prices and a coming glut of new LNG supply from Australia and the U.S.A., Moody’s Investors Service said in its report, âLower Oil Prices Cause Suppliers of Liquefied Natural Gas to Nix Projects.â Moody’s says low LNG […]
Montevideo LNG Plant Ready by YE:16
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) â The LNG regasification plant (called âGNL del Plataâ in Spanish) in Montevideo, Uruguay is expected to be ready in November of 2016, reported the daily newspaper El Pais. ***
Report Evaluates Economic Benefits Of Camisea Project
(IDB, 29.Oct.2007) â The Camisea natural gas project has transformed Peru, reducing energy costs, increasing national revenue and spurring economic growth, according to a study released by Apoyo ConsultorĂa , one of Peruâs leading economic consulting firms. The firm said in a study commissioned by the IDB that the project […]