LNG

Chinese LNG demand set to be slashed by Coronavirus

Chinese LNG demand set to be slashed by Coronavirus

LNG Industry


The unseasonably warm weather in the northern hemisphere has undercut LNG demand and, combined with the steady rise of global supply levels, has resulted in record-low prices. Adding insult to injury, the coronavirus epidemic in China has reduced

February 10, 2020 - 11:50 am China, Closing Bell Story‎, Economy, LNG
NV5 Awarded $34 Million LNG Contract

NV5 Awarded $34 Million LNG Contract

NV5 Awarded $34 Million LNG Contract

February 10, 2020 - 8:00 am LNG, Press Releases
New Fortress Energy Signs Long-Term LNG Supply Agreement

New Fortress Energy Signs Long-Term LNG Supply Agreement

New Fortress Energy Signs Long-Term LNG Supply Agreement

February 10, 2020 - 6:00 am International, LNG, Press Releases
Image Courtesy: Novatek

Russia gives green light for new LNG transshipment terminal

World Maritime News


Russia’s federal autonomous institution Glavgosexpertiza has reviewed and approved the design documentation and engineering survey results for the construction of an LNG transshipment terminal in the Kamchatka Territory. 

Back in October 2017, the Kamchatka government and PJSC …

February 8, 2020 - 8:16 am Closing Bell Story‎, Energy News, International, LNG
Source: Reuters

Free-falling LNG prices wreak havoc on trade amid coronavirus fears

Reuters


SINGAPORE – Record low prices for liquefied natural gas (LNG) are roiling the global gas market, creating havoc as traders rush to find alternative locations for cargoes with Chinese buyers rejecting shipments amidst the coronavirus epidemic.

Asian spot prices …

Source: Reuters

Coronavirus paralyses short-term oil, gas sales into China

Reuters


SINGAPORE – Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor …

Source: Houston Chronicle

Former Cheniere executive now at helm of LNG export project in Mexico

Houston Chronicle


Former Cheniere Energy executive Doug Shanda is now at the helm of a Houston company seeking to build an liquefied natural gas export terminal along the Pacific Coast of Mexico.

In a Monday morning statement, Houston liquefied natural …

February 3, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

Papua New Guinea calls off talks with Exxon

Houston Chronicle


WASHINGTON — Papua New Guinea has called off negotiations with Exxon Mobil over developing a natural gas field there, as the two sides clashed over their financial split on the project.

“The government has signaled it is willing …

February 3, 2020 - 1:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Cheniere to Ring New York Stock Exchange Opening Bell in Celebration of 1,000th LNG Cargo Milestone

Cheniere to Ring New York Stock Exchange Opening Bell in Celebration of 1,000th LNG Cargo Milestone

Cheniere to Ring New York Stock Exchange Opening Bell in Celebration of 1,000th LNG Cargo Milestone

Source: International Maritime Organization

Shipping Lines Turn to LNG-Powered Vessels, But They’re Worse for the Climate

Inside Climate News



Oceangoing ships powered by liquified natural gas are worse for the climate than those powered by conventional fuel oil, a new report suggests. The findings call into further question the climate benefits of natural gas, a fuel …

Source: Houston Chronicle

Judge dismisses Cheniere lawsuit against former CEO Charif Souki and Tellurian

Houston Chronicle


A lawsuit between rival liquefied natural gas companies Cheniere Energy and Tellurian has been dismissed just days before jury selection was set to begin.

State district court Judge Fredericka Phillips in Houston signed an order Thursday dismissing Cheniere’s …

January 31, 2020 - 2:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News, People
Source: Houston Chronicle

Cheniere Energy’s 1,000th LNG cargo headed to France

Houston Chronicle


Houston liquefied natural gas company Cheniere Energy hit a milestone 1,000th export shipment of LNG — and the cargo is headed to France.

The Norwegian-flagged LNG tanker Hoegh Galleon left the company’s Corpus Christi LNG export terminal with …

Source: Houston Chronicle

Halliburton wins offshore wells contract for Australian LNG project

Houston Chronicle


Houston oil-field service company Halliburton has landed a contract for offshore natural gas wells that will feed an LNG project in Northwest Australia.

In a statement released early Monday, Halliburton said it won drilling and completion services for …

Source: Houston Chronicle

Opponents inch closer to filing lawsuit over Port of Brownsville LNG terminal

Houston Chronicle


Environmentalists and other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are one step closer to filing a federal lawsuit after losing one of their requests to have permits for the projects …

January 27, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

Global LNG poised for terrible year as new supply floods market

Houston Chronicle


Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.

The startup of new export projects from Australia to the U.S. has flooded …

Source: Houston Chronicle

Enterprise starts up 2 new natural gas processing plants in Texas

Houston Chronicle


Houston pipeline operator Enterprise Products Partners has started operations at two new natural gas processing plants this week.

The company announced on Thursday morning that it had started its Bulldog cryogenic natural gas processing plant in the Haynesville …

January 23, 2020 - 1:00 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

Exporting natural gas creates carbon footprint rivaling that of coal, data shows

Houston Chronicle


In May, while President Donald Trump toured a new $10 billion plant designed to prepare natural gas for export, he made a vow. Such facilities would be good for the environment, he said, or they won’t get approved.…

January 23, 2020 - 11:00 am Closing Bell Story‎, Energy News, ESG, LNG, Natural Gas News

Teekay LNG Partners Declares Distribution

Teekay LNG Partners Declares Distribution

January 20, 2020 - 4:05 pm LNG, Press Releases

FortisBC announces Tracy Medve as new Board Chair

FortisBC announces Tracy Medve as new Board Chair

January 17, 2020 - 3:37 pm Canada, Corporate Governance, LNG, Press Releases
Freeport LNG Train 2 Begins Commercial Operation

Freeport LNG Train 2 Begins Commercial Operation

Freeport LNG Train 2 Begins Commercial Operation

January 17, 2020 - 1:00 pm Corporate Performance Announcements, LNG, Press Releases
Source: Reuters

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere – sources

Reuters


SINGAPORE – China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG …

January 17, 2020 - 11:00 am Closing Bell Story‎, Energy News, Finance, LNG, Natural Gas News
Launching of Gas Agility in October 2019. Image Courtesy: Total

World’s largest LNG bunker vessel aces sea trials

World Maritime News


A giant LNG bunker vessel, which will be operated by French energy giant Total and owned by Japanese shipping company Mitsui O.S.K. Lines (MOL), has completed sea trials in China, according to an official from Bureau Veritas

January 11, 2020 - 9:45 am Closing Bell Story‎, LNG, Marine Shipping, Offshore
Deadly Australia bushfires sweeping country reaches national disaster

Deadly Australia bushfires sweeping country reaches national disaster

360 Feed Wire


Oil & Gas 360 Publishers Note: “Australia is the world’s largest exporter of coal and liquefied natural gas.” This horrible tragedy will not only impact the millions of animals and Australians, but also adversely the entire regions

January 5, 2020 - 6:31 pm Coal News, International, LNG, Press Releases
Image courtesy of LNG Croatia

2019 Rewind: Year of FIDs

LNG World News


The year 2019 got into its stride quickly in terms of final investment decisions as LNG Croatia, the state-owned company has sanctioned the construction of the floating liquefied natural gas terminal on the Island of Krk

January 2, 2020 - 11:05 am Closing Bell Story‎, International, LNG, Offshore, OPEC
Source: Reuters

U.S. sanctions block hurry-up work on Russian gas pipeline: officials

Reuters


WASHINGTON – Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday.

President Donald Trump signed a bill …

Source: Reuters

U.S. LNG exports soar in 2019 but supply glut may await in 2020

Reuters


U.S. exporters of liquefied natural gas (LNG) head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year.…

Source: Houston Chronicle

Magnolia LNG’s supply deal with Vietnam takes another step forward

Houston Chronicle


A liquefied natural gas supply deal between the proposed Magnolia LNG export terminal in Louisiana and the Vietnamese government took a major step forward.

 

In a Dec. 19 decision, the Vietnamese government added the Bac Lieu LNG-to-Power …

December 27, 2019 - 1:15 pm Closing Bell Story‎, Energy News, LNG
November 19, 2019 – Lurline, Lead Ship of Matson Kanaloa Class, on Sea Trials.

General Dynamics NASSCO delivers lead ship of Matson Kanaloa Class

NASSCO


SAN DIEGO –  General Dynamics NASSCO delivered Lurline, the lead ship of the two-vessel Kanaloa Class, built for Honolulu-based shipping and logistics company, Matson. Lurline is the largest combination containership/roll-on, roll-off (“ConRo”) vessel constructed in the United States.…

December 27, 2019 - 12:25 pm Closing Bell Story‎, LNG, Marine Shipping, Press Releases
Mitsubishi Shipbuilding signed a contract with MOL for the first LNG-Fueled Ferry Built in Japan

Mitsubishi Shipbuilding signed a contract with MOL for the first LNG-Fueled Ferry Built in Japan

JCN Newswire


– Two Vessels to Be Successively Completed and Delivered by 2023 –
– Applying technologies accumulated in LNG vessels to build LNG-fueled ferries
– Compared to conventional marine fuel oil, CO2 emissions per unit heat capacity are to …

Photo: Marie D. De Jesús, Houston Chronicle / Staff Photographer

LNG opponents ask FERC to reconsider Brownsville permits

Chron


The Sierra Club and several other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are asking the Federal Energy Regulatory Commission to reconsider permits that the agency recently awarded for the controversial projects.

December 26, 2019 - 11:00 am Closing Bell Story‎, LNG, Politics & Opinions