LNG

Russian Analyst Belittles American LNG Potential in a ‘Gas War’ Over Europe

Russian Analyst Belittles American LNG Potential in a ‘Gas War’ Over Europe

From Polygraph

“As of today, the number of all liquefied natural gas plants in the United States is precisely…one. It’s located in the state of Louisiana, its name is Sabine Pass and the American company ExxonMobil is a shareholder.”

FALSE…

August 29, 2018 - 2:19 pm Closing Bell Story‎, Energy News, LNG
Melting Arctic Ice Creates Popular New Route for LNG

Melting Arctic Ice Creates Popular New Route for LNG

LNG shippers are taking advantage of open waters as ice caps stage one of their largest retreats on record

From Bloomberg

A new trade route for energy supplies is opening up north of the Arctic Circle as some of the …

August 29, 2018 - 11:56 am Closing Bell Story‎, Energy News, LNG
Eastern Canadian LNG Project Wins Buyers in Shadow of Western Rival

Eastern Canadian LNG Project Wins Buyers in Shadow of Western Rival

From Bloomberg

Royal Dutch Shell Plc’s giant liquefied natural gas project in western Canada may be grabbing the headlines, but a smaller rival in the east is busy lining up another customer from Europe.

Pieridae Energy is negotiating a binding …

August 17, 2018 - 12:59 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
(FILES) This file photo dated 08 September, 2004 shows a PetroChina gas station attendant in Beijing returning the nozzle at the pumps.  Fidelity Investments, the world's largest mutual fund firm, has sold the bulk of its American Depositary Receipts (ADR) in PetroChina amid pressure from United States activists upset over its parent's interests in Sudan, reports said 17 May 2007.  AFP PHOTO / FILES / Frederic J. BROWN

Trump Trade Spat Threatens U.S. LNG, PetroChina May Suspend Buys

Sellers could be forced to sell spot volumes at a discount

From Bloomberg

This winter could be a bleak one for America’s natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade …

August 16, 2018 - 2:58 pm Closing Bell Story‎, Energy News, LNG
Venture Global LNG Aggregate Funding Reaches $630 Million

Venture Global LNG Aggregate Funding Reaches $630 Million

Venture Global LNG Announces Additional Private Placement Funding of $160 Million: Aggregate Funding Total Reaches $630 Million

August 16, 2018 - 8:00 am Closing Bell Story‎, Finance, LNG, Press Releases
Source: Cheniere

LNG is Next Test for Capital Efficiency

From UPI

Aug. 14 (UPI) — The energy majors are getting more efficient with megaprojects offshore, but it will be planned LNG projects that test their mettle, Wood Mackenzie found.

A report sent Tuesday to UPI from the consultant group …

August 14, 2018 - 6:32 pm Closing Bell Story‎, Energy News, LNG
Chinese Tariffs on US Gas Exports May Shift the LNG Market

Chinese Tariffs on US Gas Exports May Shift the LNG Market

China is the number 2 importer of LNG globally while the U.S. is climbing up the ranks of major LNG exporters

From CNBC

China’s threats of new tariffs on $60 billion worth of U.S. imports will create shifts in the …

August 10, 2018 - 1:27 pm Closing Bell Story‎, Energy News, LNG
Malaysia LNG Exports Hit 4-year Low: Pipeline Issues — Sources

Malaysia LNG Exports Hit 4-year Low: Pipeline Issues — Sources

From the Borneo Post

Malaysia’s exports of liquefied natural gas (LNG) fell to a four-year low in July as domestic gas pipeline issues plaguing the country since January took their toll, according to industry sources and Thomson Reuters data.

Natural …

August 10, 2018 - 1:14 pm Closing Bell Story‎, Energy News, LNG
Europe Shows It’s Getting Serious About Buying U.S. LNG

Europe Shows It’s Getting Serious About Buying U.S. LNG

From Bloomberg

European nations are far behind Mexico and China when it comes to receiving liquefied natural gas from the U.S., but the region is making its biggest effort to date to change that.

European Commission trade officials will travel …

August 9, 2018 - 2:57 pm Closing Bell Story‎, LNG, Natural Gas News
Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Plans to Start Building Louisiana LNG Export Plant in 2019

From Reuters

U.S. liquefied natural gas company Tellurian Inc said it remains on track to begin construction of its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023.

Tellurian is on schedule …

August 9, 2018 - 2:38 pm Closing Bell Story‎, LNG, Natural Gas News
China Tariff Threat on U.S. LNG Shifts Momentum Toward $25 Billion in Pacific LNG Projects Awaiting FIDs

China Tariff Threat on U.S. LNG Shifts Momentum Toward $25 Billion in Pacific LNG Projects Awaiting FIDs

Australian LNG producers could win from the US-China trade war

From the Australian Financial Review

China’s threatened tariffs on US liquefied natural gas imports could help Woodside Petroleum, Santos and Oil Search get more than $US25 billion of LNG projects …

August 8, 2018 - 2:20 pm Closing Bell Story‎, Energy News, LNG
Venezuela dodges oil asset seizures with export transfers at sea

Venezuela dodges oil asset seizures with export transfers at sea

From Reuters

Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures.

But the OPEC member nation …

August 7, 2018 - 5:55 pm Closing Bell Story‎, LNG, Natural Gas News
New Wave of Mega LNG Projects Is Approaching

New Wave of Mega LNG Projects Is Approaching

From Reuters

A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years.

Spending on new, complex facilities that …

August 6, 2018 - 12:32 pm Closing Bell Story‎, LNG, Natural Gas News
Breathing Easy in Beijing May Get Pricey on U.S. LNG Tariffs

Breathing Easy in Beijing May Get Pricey on U.S. LNG Tariffs

From Bloomberg

Chinese President Xi Jinping’s trade policies are threatening to make his environmental goals more costly to meet.

The world’s biggest gas importer included U.S. liquefied natural gas on a list of goods Friday that could be hit with …

August 6, 2018 - 12:29 pm China, Closing Bell Story‎, LNG, Natural Gas News
Allies in Australia’s Oldest LNG Plant Spar in Race for Gas

Allies in Australia’s Oldest LNG Plant Spar in Race for Gas

From Bloomberg

After partnering for nearly three decades at Australia’s oldest liquefied natural gas export plant, Woodside Petroleum Ltd. and Chevron Corp. are competing to shape the next phase of the country’s gas development.

Both are vying to build a …

August 6, 2018 - 12:27 pm Closing Bell Story‎, LNG, Natural Gas News
Source: Novatek

Russian Icebreaking LNG Carrier Sets Record Gas Delivery to China: 7 Days and Change

First vessel in a series of 15 icebreaking LNG carriers on order can sail independently through ice of up to 2.1 meters thick

From MarineLog

Christophe de Margerie, the icebreaking LNG carrier owned and operated by Russia’s Sovcomflot (SCF Group), …

August 3, 2018 - 12:02 pm Closing Bell Story‎, Energy News, LNG
5 Main Competitors to U.S. LNG Dominance

5 Main Competitors to U.S. LNG Dominance

From E&E News

The United States is rapidly increasing its exports of liquefied natural gas. But it isn’t the only nation doing so or that has plans to do so.

The addition of the Cove Point LNG plant in Maryland …

July 20, 2018 - 12:15 pm Closing Bell Story‎, Energy News, LNG
Source: Novatek

Two Russian Ships Deliver Yamal LNG to China via Arctic Route—a 19 Day Trip vs. 35-Days Using Suez Canal and Strait of Malacca

From The Maritime Executive

The icebreaking LNG carriers Eduard Toll and Vladimir Rusanov have arrived at an LNG terminal near Nantong, China, completing their landmark voyage from the Yamal LNG liquefaction plant via Russia’s Northern Sea Route.

Rather than transit …

July 20, 2018 - 10:55 am Closing Bell Story‎, Energy News, LNG
Gas Bottleneck in Permian Widens Price Differential

Gas Bottleneck in Permian Widens Price Differential

According to the EIA’s most recent Drilling Productivity Report, the natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown dramatically …

LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

McIntyre says FERC is streamlining the LNG plant permitting process, reducing the timing 

The Federal Energy Regulatory Commission has issued a news release saying the commission has not sent letters to LNG project applicants announcing delays of 12 to 18 …

For the Global LNG Industry, Is the FSRU Honeymoon Over?

For the Global LNG Industry, Is the FSRU Honeymoon Over?

From Reuters

A giant vessel docked at the port of Moheshkhali in Bangladesh two months ago, propelling the populous but poor nation into the fast-expanding club of liquefied natural gas (LNG) buyers.

The Excellence is the latest floating storage and …

July 18, 2018 - 1:25 pm Closing Bell Story‎, LNG, Natural Gas News
Liquefied Natural Gas Plant, Australia

Piedmont Natural Gas Bringing New LNG Facility to North Carolina

Piedmont Natural Gas (NYSE: PNY) today announced plans to build and operate a liquefied natural gas (LNG) facility in Robeson County, N.C. The facility will help Piedmont Natural Gas continue providing customers with a reliable supply of natural …

July 13, 2018 - 12:23 pm Closing Bell Story‎, Energy News, LNG
LNG Canada Marching toward Approval, Servicers Say

LNG Canada Marching toward Approval, Servicers Say

Petronas investment seen as ‘ flag in the ground’ – the surest sign project will be built

From Bloomberg

The prospects for a massive gas export plant on Canada’s Pacific Coast are looking bright, according to executives of service companies …

July 13, 2018 - 9:37 am Canada, Closing Bell Story‎, LNG
U.S. Shale Gas Export Projects Face Much Longer FERC Permitting Delays

U.S. Shale Gas Export Projects Face Much Longer FERC Permitting Delays

From Bloomberg

FERC backlog after a surge in plant applications: unexpected wait could affect commercial viability of projects

The approval of U.S. shale-gas export projects could be delayed by as many as 18 months as the top energy regulator struggles …

July 13, 2018 - 9:09 am Closing Bell Story‎, LNG, Regulatory
Window is Closing for the U.S. to Become World LNG Leader, Sempra Energy Chief Strategy Officer Tells Congress

Window is Closing for the U.S. to Become World LNG Leader, Sempra Energy Chief Strategy Officer Tells Congress

U.S. opportunity may be closed for decades

On June 26, the U.S. House of Representatives’ Energy & Commerce Committee held a hearing entitled “The Shifting Geopolitics of Oil & Gas.”

The four energy sector experts who testified at the hearing …

July 13, 2018 - 8:01 am Closing Bell Story‎, LNG, Oil and Gas 360 Articles
First Physically Deliverable LNG Futures Contract Being Developed for Sabine Pass

First Physically Deliverable LNG Futures Contract Being Developed for Sabine Pass

Positioning Henry Hub as global natural gas price benchmark

Chicago’s CME Group (ticker: CME) and Cheniere Energy (ticker: LNG) announced that the two companies are developing an LNG futures contract with physical delivery to Cheniere’s Sabine Pass terminal on the …

Shell Ramps Up Activity in Kitimat, Raising Canada’s US$30 Billion LNG Hopes

Shell Ramps Up Activity in Kitimat, Raising Canada’s US$30 Billion LNG Hopes

From Bloomberg/Calgary Herald

VANCOUVER – July 9 – A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a …

July 9, 2018 - 3:26 pm Canada, Closing Bell Story‎, LNG
China Keeps LNG Off Tariff List for Now, Could be Trade Weapon Later

China Keeps LNG Off Tariff List for Now, Could be Trade Weapon Later

From Reuters

China’s omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from Friday has preserved a potential weapon should the trade war with Washington deepen.

It also underscores Beijing’s desire …

How Important is the American Shale Renaissance to the World?

How Important is the American Shale Renaissance to the World?

This is what happens when you turn the private sector loose to innovate, develop new technologies and improve efficiency

Some interesting testimony came out of last week’s House of Representatives Energy & Commerce Committee hearing. The intention of the committee …

Here’s Why Cheniere’s Taiwan Deal is a Big Deal

Here’s Why Cheniere’s Taiwan Deal is a Big Deal

From the Corpus Christi Caller Times

Cheniere Energy’s Corpus Christi-area plant is still under construction, but there’s still a lot of activity going on.

Case in point?

Cheniere recently signed a Heads of Agreement in Washington D.C. to provide Taiwan’s …

July 5, 2018 - 1:30 pm Closing Bell Story‎, Energy News, LNG