(Sycar, 31.Jan.2020) — SYCAR LLC is working with a mayor LNG Trading firm for the development of a LNG import terminal for Ecuador, South America. The project includes port facilities for the berthing of an a FSRU to supply RLNG to an existing power plant and an LNG truck filling […]
Tag: LNG
Asia Pacific Gas, LNG: 6 Themes To Watch In 2020
(WoodMac, 13.Jan.2020) — Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020. Asian LNG spot prices to fall further In 2019, the global LNG market relied heavily on Europe to absorb excess supply. Surging new LNG production from US and Australian projects […]
EP PetroEcuador Ends Bajo Alto Plant Maintenance
(Energy Analytics Institute, Piero Stewart, 26.Dec.2019) — A scheduled stoppage at the Bajo Alto Natural Gas Liquefaction Plant located in the El Guabo in the province of El Oro concluded on 24 December 2019 and the plant commenced operations again on 26 Dec. Work at the plant — which cost […]
Cameron LNG Facility Begins Production At Train 2
(Sempra LNG, 23.Dec.2019) — Sempra LNG, a subsidiary of Sempra Energy, announced that Cameron LNG has begun producing liquefied natural gas (LNG) from the second liquefaction train of the export facility in Hackberry, La. “We are pleased to reach this important milestone in the development of the liquefaction facility,” said […]
EDP Closes Financing In El Salvador
(EDP, 23.Dec.2019) — EnergĂa del PacĂfico (EDP) today announced completion of project financing for the liquefied natural gas (LNG)-to-power project currently under construction at the Port of Acajutla, El Salvador. The transformative infrastructure project brings approximately $1 billion foreign direct investment for the Central American nation, making it the largest […]
Petrobras To Lease LNG Regasification Terminal
(Petrobras, 9.Dec.2019) — Petrobras, in accordance with the commitments made through the Agreement, signed with the Administrative Council for Economic Defense (CADE), on July 8, 2019, informs that it is starting the process of leasing the LNG Regasification Terminal of Bahia (TR-BA), at Salvador/BA, and its integrated pipeline. Thus, the […]
Petrobras To Lease Out LNG Terminal
(Argus, 9.Dec.2019) — Brazilian state-controlled Petrobras has started pre-qualifying bidders for a long-term lease of its 20mn mÂł/d Bahia LNG import terminal and associated pipeline, opening the company’s lock on Brazil’s LNG imports. Petrobras said the planned terminal lease aligns with its July 2019 agreement with anti-trust regulator Cade to […]
Chile LNG Imports Slump As Argentina Pumps More Gas
(Argus, 6.Dec.2019) — Chilean imports of liquefied natural gas have fallen to their lowest level in at least three years as the South American country imports more gas from neighboring Argentina. Chile imported just 132,850 mt of LNG in October, according to the latest government data, down 24.9% from September […]
JCC-indexed LNG Contracts Could Lose $15bn
(WoodMac, 21.Nov.2019) — Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the […]
Brazil To Import More LNG If Bolivia Supply Falters
(Argus, 14.Nov.2019) — Brazil will increase LNG imports if pipeline natural gas supply from Bolivia is interrupted because of political unrest, according to Brazilian hydrocarbons agency ANP. Brazilian state-controlled Petrobras confirmed that it was notified by Bolivian state-owned YPFB on 11 November about possible fluctuations in gas supply. Under a […]
Bolivia Warns Of Force Majeure On Gas Exports
(Argus, 12.Nov.2019) — Bolivia’s deepening political crisis is starting to take a toll on its vital hydrocarbons industry. YPFB, Bolivia’s state-owned oil and natural gas company, warned Argentina it may not meet its gas export commitments because of the current unrest that has engulfed the country and led to a […]
Exmar’s First LNG Shipment In Argentina
(EXMAR, 12.Nov.2019) — Exmar announced the first commercial LNG cargo has left Argentina for export. It was produced on board Exmar’s Tango FLNG and is now being transported by Excalibur, an Exmar’s fleet LNG carrier. Exmar’s Board of Directors and management want to congratulate both Exmar and YPF teams for […]
YPF Loads 1st Commercial LNG Cargo
(Reuters, Jessica Jaganathan and Ekaterina Kravtsova, 8.Nov.2019) — Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export from a new floating facility, trade sources said on Friday. Argentina’s export joins a wave of new supply flooding the spot market which has depressed […]
BP Eyes Brazil Gas Buildout
(Reuters, Gram Slattery, 29.Oct.2019) — BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building in Rio de Janeiro could eventually be supplied by gas from offshore oilfields here. Speaking […]
Tango FLNG In Second Week Of Ops In Argentina
(EXMAR, 30.Sep.2019) — The Tango FLNG has been receiving feed gas from YPF since 9 September 2019 and has been producing LNG to its full capacity since then. In the first two weeks of operations, the Tango FLNG has transferred 25,000 cubic meters of LNG to a storage vessel chartered […]
Qingdao McDermott Wuchuan Awarded Module Fabrication Contract
(McDermott, 17.Sep.2019) — McDermott International, Inc. announced that its joint venture Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd (QMW) in Qingdao, China, has been awarded a large* contract to provide three complex modules for the Arctic LNG 2 Project in the Yamal-Nenets Autonomous Region in Russia. “This award recognizes QMW’s […]
Cheniere Takes Delivery Of Bechtel-built Corpus Christi Train 2
(Cheniere, 4.Sep.2019) — Cheniere Energy and Bechtel have announced the substantial completion of Train 2 at the Corpus Christi Liquefaction (CCL) project. Cheniere is now operating seven Bechtel-built LNG trains at higher capacity than the nameplate rating on the U.S. Gulf Coast to deliver energy to their customers around the […]
EIG Reports Advances At Port of Açu
(EIG, 21,Aug.2019) — EIG Global Energy Partners, controlling shareholder of Prumo LogĂstica S.A., a private Brazilian company leading the energy infrastructure hub at Port of Açu, announced major developments at Prumo. Among them, Gas Natural Açu (“GNA”), a joint venture among Prumo, BP and Siemens focused on the development and […]
YPF Advances LNG Exports With Excelerate’s Assistance
(Excelerate, 25.Jul.2019) — YPF announced that a preliminary agreement was reached with Excelerate Energy L.P. (Excelerate) for the charter of a liquefied natural gas (LNG) carrier, which will export LNG produced from the TANGO FLNG unit, located in BahĂa Blanca, to the global natural gas market. Both parties will be […]
McDermott Awarded Pre-FEED Contract For Vaca Muerta LNG In Argentina
(McDermott, 19.Jul.2019) — McDermott International, Inc. has been awarded a sizeable* contract by Argentina-based YPF, S.A. to provide pre-front-end engineering design (Pre-FEED) services for a five million tonnes per annum (MTPA) LNG Liquefaction Facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina. The […]
Vaca Muerta Output Growth Leads To LNG Exports
(EIA, 12.Jul.2019) — Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the NeuquĂ©n Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018. As production […]
Bechtel Delivers 1st Cargo To Corpus Christi’s Train 2
(Bechtel, 3.Jul.2019) — Bechtel and customer Cheniere Energy announced the completion of the first commissioning cargo with liquefied natural gas (LNG) from Train 2 at the Corpus Christi Liquefaction (CCL) export terminal in Corpus Christi, Texas. Through its partnership with Cheniere, Bechtel has now delivered seven LNG trains at two […]
Building LNG-powered Ships Along U.S./Mexico Border
(Chron.com, Sergio Chapa, 1.Jul.2019) — Keppel AmFELS has built offshore drilling rigs and platforms here for decades. But the last few years have not been particulary kind to the offshore energy companies, which in the face of low oil prices and competition from shale, has delayed, canceled and scaled back […]
LatAmNRG Heard On The Street: Gas Markets, Argentina Tender
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 25.Jun.2019) — Heard on the street related to the Latin America and Caribbean upstream, midstream, downstream and renewable energies sectors. ARGENTINA — During the first half of July a tender will be launched in Argentina for the construction of a new natural […]
Vaca Muerta Finally Produces Oil, 100 Years Later
(Bloomberg, Jonathan Gilbert, 25.Jun.2019) — Along the western edge of Argentina’s Patagonia, on an arid steppe nestled against the Andes mountains, lies a shale formation known as the Vaca Muerta. And ever since engineers confirmed what an American geologist suspected a century ago — that the Vaca Muerta, or dead […]
Argentina Eyes Exporting Oil In 2020, Lopetegui Says
(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui highlighted investments announced by Exxon Mobil destined for the massive development the Bajo del Choique – La Invernada block during the 6th Vaca Muerta Executive Board meeting that took place 14 June in NeuquĂ©n. “There are already four […]
Renewables Can Benefit The Upstream Business: WoodMac
(WoodMac, 12.Jun.2019) — One of the hottest topics at APPEA was how to use renewables to benefit an upstream business, rather than replace it. At APPEA, Darwin LNG operator ConocoPhillips said it would be the first LNG facility globally to use batteries to run plant turbines. Similarly, Woodside is installing […]
Poland’s PGNiG And Venture Global LNG To Acquire 1.5 MTPA Of LNG
(Venture Global, 12.Jun.2019) — In connection with the state visit of The President of Poland, Andrzej Duda to Washington D.C., the Polish Oil and Gas Company (PGNiG) has signed, in the Eisenhower Executive Office Building of the White House, an agreement with Venture Global LNG to purchase an additional 1.5 […]
Trinidad, BP, Shell To Restructure Atlantic LNG
(Argus, 3.Jun.2019) — Trinidad and Tobago agreed with BP and Shell to discuss restructuring Atlantic LNG to try to forestall the shutdown of Train 1, which represents 20pc of capacity. BP and Shell are the Caribbean country’s leading natural gas producers and top shareholders in the 14.8mn t/yr Atlantic liquefaction […]
Cheniere Makes Positive FID On Train 6 At Sabine Pass Liquefaction Project
(Cheniere, 3.Jun.2019) — Cheniere Energy, Inc. announced its Board of Directors has approved a comprehensive capital allocation framework for the Company that prioritizes reinvestment of cash flows to grow Cheniere’s world-class LNG platform, achievement of improved credit metrics for the Company’s liquefaction project entities and on a consolidated basis, and […]
YPF Prepares First Shipment Of Liquefied Natural Gas From Argentina
(Reuters, 2.Jun.2019) — Argentine oil company YPF SA said on Sunday that it began loading the first shipment of liquefied natural gas (LNG) for export from Argentina. The shipment includes 30,000 cubic metres of LNG from the Vaca Muerta shale play, YPF said in a statement. “This is the first […]
Cameron LNG Ships Out First Commissioning Cargo From LNG Plant
(Sempra, 31.May.2019) — Sempra LNG, a subsidiary of Sempra Energy, announced that Cameron LNG has shipped the first commissioning cargo of liquefied natural gas (LNG) from the first liquefaction train of the export project in Hackberry, La. “This achievement brings Cameron LNG, one of Sempra’s five strategically located LNG infrastructure […]
McDermott Says Freeport LNG Production to Start in 1Q:20
(Energy Analytics Institute, Jared Yamin, 23.May.2019) — McDermott International, Inc. reiterated its earlier notified schedule for the Freeport LNG project in Freeport, Texas. As disclosed on 29 April, the company still forecasts initial production of LNG for the third and final train to happen in the first quarter of 2020 […]
YPF Says BahĂa Blanca And Chile Are Potential Sites For LNG Plants
(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — The Argentine port of of BahĂa Blanca is at present a principal location for consideration of construction of a LNG plant; however, the Chilean option hasn’t been ruled out due to the importance of gas markets in Asia, reported online media RĂo Negro, […]
Argentina Readies To Join LNG Exporters Club With Maiden Cargo
(Reuters, 20.May.2019) — Argentina is about to export its first liquefied natural gas (LNG) cargo from a new floating facility, marking a milestone for its energy sector boosted by rising gas production from its large Vaca Muerta shale region. State energy firm YPF is believed to be offering a partial […]
Bolivia Gas Production: “Increasingly Smaller, Increasingly Expensive”
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 23.Apr.2019) — Bolivia’s production of natural gas reached 36 million cubic meters per day (MMcmd/) in March 2019, one of the lowest levels in the last 10 years, Mauricio Medinaceli, an expert on the subject, wrote in his blog titled “Natural Gas […]
Bolivia Eyes Exporting LNG Through Argentina, Importing Crude
(S&P Global Platts, 22.Apr.2019) — Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian President Evo Morales said Monday, a move that would compensate for dwindling sales of its main export to Argentina and […]
ExxonMobil Inks 20-year LNG Deal With Zhejiang Energy
(Exxon, 22.Apr.2019) — ExxonMobil said today that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG over 20 years. — Zhejiang Energy to receive […]
Santos Says Corvus-2 Appraisal Well Discovers Significant Resource
(Santos, 16.Apr.2019) — Santos announced the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, offshore Western Australia. The well, located in petroleum permit WA-45-R, in which Santos has a 100 per cent interest, is approximately 90 kilometres northwest of Dampier in […]
Cameron LNG Reaches Final Commissioning Stage Of First Liquefaction Train
(Sempra, 15.Apr.2019) — Sempra Energy announced that Cameron LNG has begun pipeline feed gas flow to the first liquefaction train of the liquefaction-export project as it prepares to begin production of liquefied natural gas (LNG) at the facility in Hackberry, La. This is the final commissioning step for Train 1 […]
JPS Invests $25m In Storage Facility To Address Power Fluctuations
(Jamaica Gleaner, Steven Jackson, 14.Apr.2019) — Power utility Jamaica Public Service Company, JPS, will commission a US$25 million storage facility in phases this year as a safeguard against power outages. The 24.5 megawatt plant, the first of its kind for Jamaica, will be installed at the company’s Hunt’s Bay power […]
Shell’s STEM Path To The Future
(Trinidad and Tobago News Day, Melanie Waithe, 11.Apr.2019) — Ever took a walk on the bottom of the sea, to see how natural gas is extracted from beneath the earth’s surface and brought on land to be processed at a liquefied natural gas (LNG) facility? More than 900 students got […]
KBR Awarded Pre-FEED Contract For BP’s Greater Tortue Ahmeyim Project
(KBR, 9.Apr.2019) — KBR, Inc. announced that BP has awarded KBR’s UK operating subsidiary the Pre-FEED Services contract for Phases 2 and 3 of BP’s Greater Tortue Ahmeyim project, for the further development of Tortue field beyond Phase 1, located at the maritime border of Senegal and Mauritania. These next […]
KBR Adds BHGE To Development Of Mid-Scale LNG Reference Design
(KBR, 8.Apr.2019) — KBR, Inc. announced it has selected Baker Hughes, a GE company, as part of the ongoing development of KBR’s standardized mid-scale Liquefied Natural Gas (LNG) design. The design utilizes ConocoPhillips’ Optimized Cascade® technology as part of a broader partnership previously announced by KBR and COP. The mid-scale […]
ENN Signs Heads Of Agreement Of Sales With Woodside Energy
(ENN Group, 5.Apr.2019) — ENN has signed a Heads of Agreement (HOA) with Woodside Energy for the procurement of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for a period of 10 years, commencing in 2025. ENN Group CEO Mr. Zhang Yesheng and Woodside Energy CEO Peter Coleman […]
IGU Releases 2019 World LNG Report As Global Trade Continues To Grow
(IGU, 2.Apr.2019) — The International Gas Union (IGU) released its 2019 World LNG Report – an annual, in-depth analysis of the current state of the Global LNG Industry over the previous 12 months. Examining a range of metrics, the latest report illustrates that 2018 was another strong year for LNG, […]
Sempra Gets Licenses To Export US LNG Out Of Mexico
(Argus, 2.Apr.2019) — The US Department of Energy (DOE) has authorized the Energia Costa Azul (ECA) LNG export project in northwest Mexico to re-export US pipeline gas as LNG to countries that do not have free trade agreements (FTAs) with the US. The DOE on 29 March issued two 20-year […]
ECA LNG Receives US Non-FTA Approval For Liquefaction Exports
(Sempra, 1.Apr.2019) — Sempra Energy has announced that its subsidiary EnergĂa Costa Azul (ECA) LNG received two authorizations from the U.S. Department of Energy (DOE) to export U.S. produced natural gas to Mexico and to re-export liquefied natural gas (LNG) to countries that do not have a free-trade agreement (non-FTA) […]